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You are on your way back to work after attending a training session on MYOB. Your boss, the Financial Controller, has asked you catch a taxi back to the office as it is a busy time of the month. When you arrive at work, the taxi driver offers to leave the amount blank on your receipt. You can claim this taxi expense on petty cash. Do you accept the taxi driver's offer of leaving the amount blank so that you can fill in any amount?
Question (a) What would you do? Why?
Question (b) Now consider the fundamental ethical principles when making your decision. Does your decision change? Which principles did you apply?
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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