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Problem - On March 15, 2015, a corporation filed its 2014 calendar year tax return showing $120,000 gross income. The return was prepared by a CPA who mistakenly omitted $45,000 of income, which the CPA considered in good faith to be nontaxable. No information with regard to this omitted income was disclosed on the return or attached statements. By what date must IRS assert a notice of deficiency before the statute of limitations expires?
i. April 15, 2018
ii. December 31, 2017
iii. March 15, 2021
iv. March 15, 2020.
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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