Problem 02.02A – Purple Cow Incorporated
Financial Accounting
Spiceland, Thomas, and Herrman
Given a list of activities… indicate the impact on the accounting equation.
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Given a list of activities… indicate the impact on the accounting equation.
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Given the labor hours, machines hours, variable overhead costs, and fixed costs… calculate the predetermined overhead rate, the total overhead, the total cost, and lastly the unit production cost.
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Old Time Savings Bank pays interest on savings accounts. How much will you earn in interest in the first, second and tenth year?
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How long will it take your deposit to double if you deposit it with New Savings bank?
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Compute the annual rate of appreciation in the price of the painting taking into account inflation.
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If you invest a certain amount, compute the future value of your investment at the end of a particular year.
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Compute the future value given combinations of interest rates and times.
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Determine the future value of an investment made in Amazon given the yearly appreciation %.
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Given two amounts, determine the discount factor and the interest rate associated with it.
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Compute the present value given the cost of capital.
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