This eBook is a complete guide to basic bookkeeping. It discusses, with examples, the role of a bookkeeper or financial accountant, the types of accounts, debits and credits (including a way for them to remember which is which and when they are appropriate), the most commonly used journals and ledge READ MORE »
- Responses: 952
- eBooks: 3
- MS, University of Nevada-Las Vegas, 1997
- BA, Hofstra University, 1981
- AS, Nassau Community College, 1979
This eBook is a complete guide to computations involving the time value of money. This book will discuss and illustrate the concept of the time value of money. It will discuss the discount rate and how to compute the weighted-average cost of capital for an investment or project. Furthermore, it woul READ MORE »
This book describes how to record purchases and sales of merchandise inventories for manufacturers, and for wholesalers and retailers. It explains and illustrates each valuation method in detail, providing you, the reader, and a path to follow to value and record inventory-related transactions on yo READ MORE »
A job at S&S Air
You recently graduated from college, and your job search led you to S&S Air. Because you felt the company's business was taking off, you accepted a job offer. The first day on the job, while you were finishing your employment paperwork, Chris Guthrie, who works in finance, sto READ MORE »
A job at East Coast Yachts, Part 2
You are discusing your 401K with Dan Ervin, when he mentions that Sarah Brown, a representative from Bledsoe Financial Services is visitng East Coast Yachts today. You decide that you should meet with Sarah, so Dan sets up an appoinment for you later in the day READ MORE »
See attached file.
E19-3 One Temporary Difference, Future Taxable Amounts, One Rate, Beginning Deferred Taxes
Bandung Corporation began 2007 with a $92,000 balance in the Deferred Tax Liability account. At the end of 2007, the related cumulative temporary difference amounts to $350,000, and it READ MORE »
Dakota Trucking Company (DTC) is evaluating a potential lease for a truck with a 4-year life that costs $40,000 and falls into the MACRS 3-year class. If the firm borrows and buys the truck, the loan rate would be 10%, and the loan would be amortized over the truck's 4-year life, so the interest exp READ MORE »
1. Present value of single sum problem
You are going to be given $100,000 in 12 years. Assuming an inflation rate of 3.5%, what is the present value of this amount?
2. Perpetuity problem
What is the value of a perpetuity with an annual payment of $100 and a discount rate of 6%?
3. Futu READ MORE »