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Question - Erle smith is a financial controller with accounting success LTD, an entity that sells software products to accounting firms and small businesses. At present, Earle is analysing a number of software packages that focus on job costing. He needs to pick one package that he can recommend to his clients. Each software vendor is keen to have their software selected as if it would result in a significant increase in sales of their company. Anitah Loh is a salesperson for software company catta Ltd. she has told Earle that he should go to Tokyo to analyse her company's software package properly, because the programming experts there could give him a thorough demonstration. Anitah has also suggested that he take his family so he feels relaxed in a foreign country and is in the right frame of mind to understand his analysis. She says that Disneyland is worth visiting. Catta Ltd would pick up the expenses for the trip.
1. Do you think Earle should take the trip? Outline any ethical concerns involved
2. Do you think the management of Accounting Success Ltd should allow Earle to go on the trip?
3. Do you think Accounting Success Ltd should have a code of conduct? What would be the advantages and disadvantages to Accounting Success Ltd having a code of conduct?
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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