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Question - Laker Incorporated's fiscal year-end is December 31, 2021. The following is an adjusted trial balance as of December 31.
Accounts Debit Credit
Cash $10,900
Supplies 33,500
Prepaid Rent 24,500
Accounts Payable $1,900
Notes Payable 19,000
Common Stock 34,500
Retained Earnings 7,900
Dividends 2,900
Service Revenue 55,100
Salaries Expense 18,900
Advertising Expense 11,900
Rent Expense 8,900
Utilities Expense 6,900
Totals $118,400 $118,400
Required - Prepare the necessary closing entries.
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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