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Question 1: Discuss the role of commercial banks and central bank in development of financial system? Discuss about the commercial banks. Explain in detail.
What adjustment for unearned revenue did Microsoft make at June 30, 2004? Indicate each account affected, whether the account is increased or decreased, and the amount of the increase or decrease.
Given the following account information for Howard Corporation, prepare a balance sheet in report form for the company as of December 31, 2017. All accounts have normal balances. Assume Howard uses IFRS. Cash is comprised of $50,000 at RBC (bank 1) a..
accounting for merchandising operations.a company purchased merchandise inventory costing 15000 with credit terms of
Prepare the journal entry to record the write-off.What is the cash realizable value of the accounts receivable before the write-off and after the write-off?
Desert Trading Company has issued $100 million worth of long-term bonds at a fixed rate of 7%. The firm then enters into an interest rate swap where it pays LIBOR and receives a fixed 6% on notional principal of $100 million. What is the firm’s overa..
Nikels prepares its statement of cash flows using the direct method. If Nikels sells equipment for a gain of $35,000 when the book value is $100,000 what amount will be reported on the statement of cash flows operating activities section related to t..
What is the expected Capital Gains Yield for this bond? What is the expected Current Yield for this bond? What is bond price expected to be in one year?
A&F’s stock price has been going down for weeks. An analyst investigating the company discovers that A&F has a healthy current ratio of 2.79, a strong quick ratio of 1.79, and a quickening receivable collection period of 43 days. The analyst decides ..
Baltimore Company's assets and liabilities are Accounts Receivable $2,850, Equipment $9,000, Accounts Payable $5,700, Prepaid Rent $1,600, Supplies $925.
The common stock outstanding is 16 thousand shares. What is the dividends per share
What would be the stock price in 5 years if the P/E ratio remained unchanged? What would the price be if the P/E ratio declined to 12 in five years?
Determine the balance (after any required adjustments) in Unearned Revenue. prepare Record note payable, interest paid monthly.
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