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Question - During the audit of Homeland Corporation (Homeland), you discovered that it's cash sales accounts for more than 60% of the total sales in the year ending 30 June 2021. However, Homeland does not keep substantiating receipts for almost 90% of the cash sales. The Chief Financial Officer (CFO) of Homeland assures you that they have tried to record all sales that are made in cash along with sales made on credit to customers.
Indicate the appropriate type of audit opinion you would issue and justify your decision for issuing that particular audit opinion.
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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