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!
The following legal situations apply to Dabney Corp. for 2013:
1. A customer slipped and fell on a slick floor while shopping in the retail store. The customer has filed a $5 million lawsuit against the company. Dabney's attorney knows that the company will have to pay some damages but is reasonably certain that the suit can be settled for $750,000.
2. The EPA has assessed a fine against Dabney of $320,000 for hazardous emissions from one of its manufacturing plants. The EPA had previously issued a warning to Dabney and required Dabney to make repairs within six months. Dabney began to make the repairs, but was not able to complete them within the six month period. Since Dabney has started the repairs, Dabney's attorney thinks the fine will be reduced to $120,000. He is approximately 80 percent certain that he can negotiate the fine reduction because of the repair work that has been completed.
3. One of Dabney's largest manufacturing facilities is located in tornado alley. Property is routinely damaged by storms. Dabney estimates it may have property damage of as much as $450,000 this coming year.
Required:
For each item above, determine the correct accounting treatment. Prepare any required journal entries.
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