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Prepare the journal entries needed based on the information below. Use Lesson 4 page 6 to assist you.
Estimated Overhead for the month: $10,000
Estimated Direct Labor Hours: 10,000
Purchased $25,000 of materials
Requisitioned $20,500 of materials to be placed into productionIncurred $14,500 of Direct Labor during the month (1450 hours)Incurred the following Actual Factory Overhead Amounts:Utilities: 7000Indirect Materials: 500Indirect Labor: 1000Rent: 1000Completed 2 jobs with a cost of $10,900Sold both jobs completed at a price = cost + 50%Applied Overhead is $9,600
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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