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Questions -
Q1- A restaurant uses a standard food cost percentage method of computing the cost of officers' meals. What would the cost of officers' meals be if officers' checks totaled $3,000 at menu prices and the standard food cost is 30 percent?
Q2- Accountants for Big-Little Hotels use the straight-line method to depreciate the company's tangible long-lived assets. Assume the following information about a certain tangible long-lived asset:
Asset cost $20,000
Asset's future salvage value $2,000
Asset's useful life 5 years
Q3- Assume a hotel takes out of loan of $5,000 at 6 percent simple annual interest that is due in 100 days. The lender uses an ordinary year. How much is due at the end of the 100 days?
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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