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Problem 1: Romine is a CPA and an audit manager at Rivera & Rivera, CPA's. Romine has worked for Rivera & Rivera, CPA's for ten years. Because Romine is considered to be an expert in audits of public universities, he has been asked by Local State University to be an adjunct faculty member and to design and teach a new class in audits of public universities. Local State University is a client of Rivera & Rivera, CPA's and has been for the past five years. Which of the following would not impair Rivera & Rivera, CPA's independence with respect to Local State University?
A) Romine participates on the attest engagement team for the Local State University audit.B) Romine participates on a committee that sets policies for Local State University.C) Romine is employed by the university on a part-time and nontenure basis.D) None of the above would impair independence.
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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