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Questions -
Q1. Which of the following would most likely use a job order costing system?
a. A swimming pool installer
b. A company that manufactures chlorine for swimming pools
c. A paper mill
d. An oil refinery
Q2. The Assembly Department started the month with 35,000 units in its beginning work in process inventory. An additional units 472,000 were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 34,000 units in the ending work in process inventory of the Assembly Department. How many units were transferred to the next processing department during the month?
a. 473,000
b. 471,000
c. 541,000
d. 507,000
Q3. When the products emerging from a joint process are similar in size and in relative value per unit, the most appealing joint cost allocation method is?
a. Net realizable value
b. Physical output method
c. Reciprocal method
d. Relative sales value
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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