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You are a cashier at a retail store. When you were hired, the owner explained to your the policy of immediately ringing up each sale. Recently, lunch hour traffic has increased dramatically and the manager asks you to take customers cash and make change without ringing up sales to avoid delays. The manager says she will add up cash and ring up sales equal to the cash amount after lunch. She says that in this way the register will always be accurate when the owner arrives at 3pm.
Problem 1) What accounting issues do you find with this situation?
Problem 2) What course of action might you take? Why ?
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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