$396,200 + 61,250 + 27,600+ 9,000+ = 479,000 dollars
Answer: $85,500
Explanation:
From the question, we are told XYZ Corporation takes out a $1 million loan and the interest on the loan is paid semiannually.
We are also told that the six-month interest rate is six-month LIBOR 80 basis points, with a cap at 9.25%. Assume that LIBOR is at 8.5% on March 4, 1999, and 7.75% on September 4, 1999.
The second interest payments on the loan will be:
The interest rate will be:
Interest rate = LIBOR + 80bps
= 7.75 + 0.8
= 8.55%
Interest paid in the second period
= $1,000,000 × 8.55%
= $1,000,000 × 0.0855
= $85,500
Note that there is no need for using the cap since the interest didn't exceed 9.25%
Answer:
$2,730
Explanation:
The computation of the Cost of Goods Sold is shown below:-
Cost of goods sold = Purchase × Each Unit + (Sold units - Each unit) × Purchase units
= 120 units × $20 + 110 units × $30
= $2,400 + $330
= $2,730
Therefore we have calculated the cost of goods sold from First in the first-out method by applying the above formula.
Answer:
Yes
Explanation:
A company can easily keep its western values and still do business in Saudi Arabia where values are different. The successfullness of this endeavor depends on the market in which the business operates and the demand in Saudi Arabia for it. If the Demand in Saudi Arabia is high due to the lack of that product/service locally then the company's western values will be what makes them profitable.
External USB devices allow the user to put files on it and bring it anywhere they want and still be able to access it. For example, if you put a file on a flash drive, you could access it from any other computer/device.
Another file sharing method is virtual and can easily get lost. For example, if you used iCloud to sync all your photos, you could easily lose them if you forget your password to your account.
I hope this answer helped you! If you have any further questions or concerns, feel free to ask! :)
