Answer:
J-QR =0.96
Explanation:
Quoted interest rate(QR) is nominal interest rate that does not take compounding into consideration
Effective interest rate(J) is real interest rate that accounts for compounding
face value of tbill = 100,000
price = 95,000
time remaining for maturity, n = 180
QR T-Bill = [(Face Value - Price)/(Face Value)] *(360/n) = [(100,000-95,000)/100,000]*(360/180) = (5000/100,000)*2 = 0.10 or 10%
j = (1+ ((Face Value - Price)/price))(365/n) -1 = (1+((100,000-95,000)/95,000))(365/180) -1 = (1+(5000/95000))2.027778 -1 = 0.1096131
j = 0.1096131 or 10.96131% or 10.96%
Therefore j-QR = 10.96-10 = 0.96%
Answer:
$2,338
Explanation:
For computing the ending inventory, first we have to determine the average cost per unit, then ending inventory units which are shown below:
= (Beginning inventory units × price per unit + first purchase inventory units × price per unit + second purchase inventory units × price per unit + third purchase inventory units × price per unit) ÷ (Beginning inventory units + one purchase inventory units + second purchase inventory units + third purchase inventory units)
= (11 units × $51 + 15 units × $53 + 21 units × $55 + 17 units × $57) ÷ (11 units + 15 units + 21 units + 17 units)
= ($561 + $795 + $1,155 + $969 ) ÷ (64 units)
= ($3,480) ÷ (64 units)
= $54.375 per unit
Now the ending inventory units would be
= Available units for sale - sale units
= 64 units - 21 units
= 43 units
Now the ending inventory would be
= Ending inventory units × average cost per unit
= 43 units × $54.375 per unit
= $2,338
Answer:
Admission-seeking Interview
Explanation:
An admission-seeking interview is an interaction between a certified fraud examiner and a suspect whose culpability is certain to a reasonable degree, with the intention of obtaining a confession for the crime committed. Innocent people would most likely not confess to the crime whereas guilty suspects would admit to the crime. This interview is not conducted in an interrogative manner, rather the interviewer uses several approaches to convince the confessor that it would be beneficial to him if he confesses to the crime.
When the suspect confesses to the crime, it would be best for the interviewer to obtain some written evidence admitting to the confession because it would be a more reliable basis for obtaining justice in cases where legal action are to be taken.
Answer:
✓ Do not panic
✓ ask your employer for a honest feedback
✓Initiate a conversation in a neutral setting with your boss
✓Don't trust everything your boss says
✓Do your best work possible
✓Step up your game
✓Keep your boss and others in the loop
