27 questions left

I have the test open right now can You answer right now

Do you have more notes from POLI 465 beyond Lecture 8?

What is the difference between independent floating, managed floating, and fixed exchange rate systems? Provide an example of a direct quote of an exchange rate.

How did the presence of the Dutch differ from those of Portugal in South Asia?

Income statement: Nimitz Rental Company provided the following information to its

auditors. For the year ended March 31, 2017, the company had revenues of $878,412,

general and administrative expenses of $352,666, depreciation expenses of $131,455,

leasing expenses of $108,195, and interest expenses equal to $78,122. If the company's

average tax rate is 34 percent, what is its net income after taxes?

Torres Corp. estimates its sales returns at the end of each month. On December 1, 2022, Torres Corp.’s “Sales Return Liability” account had a normal balance of $10,000. During December, the company had customer sales totaling $600,000 and actual returns of $12,000. At the end of December, Torres estimates sales returns related to December’s sales will be $8,000. 

What should be the “Sales Return Liability” account balance on 12/31/22 after all entries have been made?

How would you put this in an amortization table? On August 1, 2022, Nelson Corp. sold inventory in exchange for a 2-year non-interest-bearing note having a face value of $26,000.  The present value of this note has already been determined to be $20,727.

12% is a reasonable cost of borrowing for non-interest-bearing notes of this nature.   The note’s face value will be paid back on August 1, 2024.  Nelson Corp. has a calendar year-end, uses the effective interest method, and uses the periodic inventory system.