Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - You are performing the audit for Premium PetCare Pty Ltd (PP), who operate a luxury boarding kennel and daycare facility for dogs and cats. PP bill their customers after their pet's stay, with 30 day payment terms. The Accounts Receivable turnover has slowed in the past year, with the average collection period going from 31.3 days in the previous period to 50.6 days this financial year. PP's revenues have remained stable over the past 3 years.
In the draft financial statements, PP's interest-bearing liabilities consist solely of an interest-only 10-year bank loan of $400,000 at a fixed interest rate of with 6.17% per annum. Their interest expense in the past financial year is recorded as $30,850.
Upon assessing the design of internal controls for PP, you conclude that there is a fundamental segregation of duties present and that general IT controls are strong.
What is the auditor's preliminary assessment of control risk?
a. medium
b. none
c. high
d. low
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.
Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
Distinguish between liquidity and profitability.
Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
Simple Interest, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd