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Alex17521 [72]
2 years ago
14

Samara is considering how she should handle the fact that her employer overpaid her on her last check. Should she say something

Business
1 answer:
Studentka2010 [4]2 years ago
7 0

Answer:

yes, she should say something

Explanation:

it would be morally wrong for her to keep quiet.

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Kevin has had a checking account for a month. As he reconciles his account, Kevin notices that the dates on his check register d
ale4655 [162]
I think the likely response from the bank is that probably the date when you issued the checks is not the same when the beneficiary cashed or deposited them.
5 0
2 years ago
For the current year, Klay Corporation reports the following information:
DerKrebs [107]

Answer:

The company’s cash flows from operating activities was a cash inflow of $5,000

Explanation:

Cash at the end of the year = Cash at the beginning of the year + Net cash inflows from investing activities + Net cash inflows from financing activities + Net cash inflows from operating activities

Therefore,

Net cash inflows from operating activities = Cash at the beginning of the year + Net cash inflows from investing activities + Net cash inflows from financing activities - Cash at the end of the year = $340,000 + $40,000 + $45,000 - $420,000 = $5,000 >0

The company’s cash flows from operating activities was a cash inflow of $5,000

7 0
2 years ago
Read 2 more answers
Company X wants to borrow $10,000,000 floating for 5 years. Company Y wants to borrow $10,000,000 fixed for 5 years. Their exter
CaHeK987 [17]

Answer:

The answer is:

10% fixed rate = Company X's external borrowing (rate);

11.8% fixed rate = Company Y's payment to X (rate);

LIBOR + 1.5% = Company X's payment to Y (rate);

LIBOR + 1.5% = Company Y's external borrowing rate.

Explanation:

First, X will borrow at 10% fixed and Y will borrow at LIBOR + 1.5% floating; both at notational principal of $10 million.

Then; they will enter into a interest swap where:

- X will pay to the swap the interest rate of Libor +1.5% and receive from the swap the fixed interest rate of 11.8%. Thus, X interest income and interest expenses will be: Borrowed at fixed 10% and payment at Libor+1.5% to the swap; Receipt of 11.8% from the Swap=> Net effect: X borrowed at LIBOR - 0.3% ( saving of 0.3%).

- Y will pay to the swap the fixed interest rate 11.8% and receive from the swap LIBOR +1.5%. Thus, Y interest income and interest expenses will be: Borrowed at LIBOR +1.5 and payment 11.8% fixed to the swap; Receipt of Libor + 1.5% from Bthe Swap=> Net effect: Y borrowed at 11.8% fixed ( saving of 0.2%).

4 0
3 years ago
Whispering is a corporation that sells breakfast cereal. Based on the accounts listed below, what are Whispering's total trade r
Leto [7]

Answer:

the total trade receivable is $12,300

Explanation:

The computation of the total trade receivable is shown below:

= note due from customer + Due and unpaid from this month's sales + Due and unpaid from last month's sales

= $1,570 + $9,730 + $1,000

= $12,300

Hence, the total trade receivable is $12,300

The other items would not be considered as it is not a trade receivables

8 0
2 years ago
In the manufacture of 8,000 units of a product, direct materials cost incurred was $154,600, direct labor cost incurred was $84,
Ilia_Sergeevich [38]

Conversion costs are the combination of direct labor costs plus factory overhead costs. Hence, conversion costs exclude the cost of direct materials.

So, here the conversion cost = Direct labor cost + Factory overhead cost

= $ 84,000 + $ 45,500

= $ 129,500

3 0
2 years ago
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