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 - HBC Ltd is a company incorporated in Singapore, with December 31 year-ends and follows the Singapore Financial Reporting Standards. On 1 January 20X1, it purchased a patent on new vision recognition technology with cash of $40 million. The patent has an expected useful life of 10 years with no residual value. At the end of five years, the fair value of the patent is $18 million. The costs of disposal are $3 million. The present value of future cash flows for the remaining five years is $17 million. The sum of the undiscounted future cash flows for the remaining five years is $19 million.
Required -
(a) Illustrate the accounting for the patent by preparing the necessary journal entries for the year ended 31 December 20X1.
(b) Illustrate the accounting for the patent by preparing the necessary journal entries for the year ended 31 December 20X5. In the process, also determine and explain the amount of impairment loss HBC Ltd would recognise in its books.
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