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 - On 14 August 2020 an Australian company acquires goods on credit from a supplier in London. Their goods are shipped from London 14 August 2020.
The cost of the goods is UK £300,000 and the debt remains unpaid on 31 December 2020. On 14 August the exchange rate is A$1.00 = UK£0.44.
On the 31 December 2020 it is A$1.00 = UK£0.38. Hence the value of the Australian dollar has decreased relative to the UK pound. The Australian companies reporting date is 31 December.
Settlement occurred on the 15 February 2021 and the exchange rate on this date was A$1.00 = UK£0.35.
Required - Provide the accounting entries necessary to account for the above purchase by the Australian company for the year ending 31 December 2020 and on settlement date 15 February 2021 in accordance with the requirement of AASB 121. Show all workings.
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