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!
FINANCIAL ACCOUNTING Question:
Revaluation of Property, Plant and Equipment.
Rosen Ltd has a policy of revaluing its motor vehicles to fair value. The details at 30 June 20X4 relating to Rosen Ltd's motor vehicles, which has previously been revalued upwards by $5000 are as follows:
Motor Vehicles- $48,000
Less: Accum Dep- $12,000
Carrying Amount $36,000
At the date of the revaluation increment (1 July 20X3) the vehicles had a zero residual value and a useful life of 4 years. Depreciation has been calculated using the straight-line method. On 31 December 20X4, Rosen Ltd was informed that the fair value for the vehicles was $23,000. The useful life has not changed. At 30 June 20X5, the carrying amounts are not materially different from fair values.
Required:
i) Prepare the necessary journal entries at 31 Dec 20X4.
ii) Calculate the depreciation expense at 30 June 20X5.
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