What is the rule of 72? Please provide a simplified
overview of how this rule of thumb works over a wide range of
interest rates. (For example, this works really well for interest
rates between a to b, is only so so when interest rates vary from c
to d, and does not work well at all when we apply interest rates in
the range of e to f). Note: You should describe the first
calculation only here, you do...
Please briefly discuss the following:
A. What are general types of values used for external
accounting.
B. Discuss the reasons why use historical cost accounting for
some accounts while use fair value measure for other accounts.
Please briefly discuss what is "budgetary slack"
please briefly discuss what is "earnings management and possible
ways to manage earnings
Please briefly discuss what is off-balance sheet financing
Briefly compare and contrast Trapezoid Rule and Simpson’s Rule.
Talk about the ways in which they are conceptually similar, and
important ways in which they differ. Use the error bound formulas
(found in the notes, and on the practice final exam) to show that
the error in using these formulas must approach zero as h (the
distance between adjacent nodes) approaches zero.