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Question - DuPage Company purchases a factory machine at a cost of $18,000 on January 1, 2010. DuPage expects the machine to have a salvage value of $2,000 at the end of its 4-year useful life.
Prepare depreciation schedule under the straight line method. Record the adjusting journal entry that will be passed at the end of each year till the asset is totally depreciated.
1. Journalize the disposal entry if the company sells the machine for $10,000 at the end of 3rd year.
2. Journalize the disposal entry if the company sells the machine for $10,000 at the end of 2nd year.
3. Journalize the disposal entry if the company sells the machine for $10,000 at the end of 3rd year.
4. Journalize the disposal entry if the company sells the machine for $10,000 at the end of 1st year.
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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