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 - In 2012, ABC Corp. bought the mortgages on two properties. The company receives monthly payments that include principal and interest. One mortgage will be repaid in full in 14 years and the other in 18 years. ABC Corp. bought the mortgages with the intention of selling them at a profit when the financial conditions improve. However, both mortgagees are struggling financially, and the underlying value of the properties has declined. In December 2014, ABC Corp had the value of the mortgages appraised, and the appraisal showed a $38,500 impairment on both of the mortgages. Interest and principal have been properly recorded for this investment.ABC Corp. had an option to buy the mortgage on a third property. It had paid $5,000 for this option three years ago. The option expired in 2014.
The Trial Balance has the following account Balances:
Investment in mortgage option (at FVOCI) Debit 5,000
Investment in mortgages (at FVOCI) Debit 512,000
Mortgage interest income Credit 57,980
Required - What are the required journal entries for 2014.
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