Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - Melbourne Ltd owns 100% the share capital of Portland Ltd. The income tax rate is 30%. The following transactions took place during the periods ended 30 June 2020 or 30 June 2021.
(a) On 1 May 2020, Melbourne Ltd sold inventories to Portland Ltd for $5 000 in cash, recording a profit of $1000. On 15 June 2020, Portland Ltd sold half of those inventories to an external entity for $3 000. Therefore, half of the inventories were unsold by Portland Ltd at 30 June 2020. On 31 January 2021, Portland Ltd sold the remaining inventories to an external entity for $3 000. Therefore, none of these inventories were on hand at 30 June 2021.
(b) On 1 January 2021, Portland Ltd sold inventories costing $5000 to Melbourne Ltd at a transfer price of $8000, paid in cash. The entire inventories were sold by Melbourne Ltd to external entities by 30 June 2021.
Required - In relation to the above intragroup transactions prepare adjusting journal entries for the consolidation worksheet at 30 June 2020 and 30 June 2021 (narrations are required).
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
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd