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Question: Lue Gifts uses a sales journal, a purchases journal, a cash receipts journal, a cash disbursements journal, and a general journal as illustrated in this chapter. Journalize its March transactions that should be recorded in the general journal. For those not recorded in the general journal, identify the special journal where each should be recorded. Mar. 2 The company purchased $2,900 of merchandise on credit from the Elko Co., terms 2y10, ny30. 12 The owner, T. Lue, contributed an automobile worth $15,000 to the company. 16 The company sold $1,100 of merchandise (cost is $700) on credit to K. Gould, terms ny30. 19 K. Gould returned $150 of (worthless) merchandise to the company originally purchased on March 16 (assume the cost of this merchandise is left in cost of goods sold).
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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