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Question - Blossom Inc had a beginning inventory of 82 necklaces on January 1 at a cost of $121 per necklace. It made these purchases during the year:
March 8: 154 necklaces for $135 per unit
July 9: 116 necklaces for $139 per unit
October 27: 122 necklaces for $142 per unit
On Dec 31, a physical count reveals that there are 107 necklaces in its inventory.
Using the average cost method for inventory costing, what's the cost of goods sold & ending inventory for the year?
Using FIFO, what's the cost of goods sold and ending inventory for the year?
Using LIFO, what's the cost of goods sold and ending inventory for the year?
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?
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Term Structure of Interest Rates
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Create a cost-benefit analysis to evaluate the project
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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
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