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Question - Nags Head Corporation began manufacturing and selling a small appliance at the start of 2021.
Each appliance sells for $300 and comes with an 18-month assurance-type warranty.
During 2021, 10,000 appliances were sold
During estimates 3% of these will be repaired within the warranty period at a cost of $40 each.
During 2021, 100 units were repaired at a cost of $40 each.
After preparing the adjusting entries at the end of its fiscal year end on December 31, 2021, what should be the "Estimated Warranty Liability" account balance?
a. 8,000
b. 86,000
c. 4,000
d. 12,000
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
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