Western Company is preparing a cash budget for June. The company has $10,700 in cash at the beginning of June and anticipates $31,300 in cash receipts and $37,100 in cash payments during June. Western Company has an agreement with its bank to maintain a minimum cash balance of $10,000. As of May 31, the company has no loans outstanding. To maintain the $10,000 required balance, during June the company must:a. Borrow $5,800.b. Borrow $10,000.c. Repay $5,100.d. Repay $4,900.e. Borrow $5,100.

If you miss two payments on a credit card what is generally the penalty

Darlene has a balance of 3980 on a credit card with an apr of 22.8% paying off her balance and which of these lengths of time will result in her paying the least amount of interest?

Banana computers has decided to procure processing chips required for its laptops from external suppliers instead of manufacturing them in their own facilities. how will this decision affect the firm? a. the firm will be protected against the principal-agent problem. b. the firm's administrative costs will be low because of necessary bureaucracy. c. the firm will have more flexibility in purchasing and comparing prices of goods and services. d. the firm will have high-powered incentives, such as hourly wages and salaries.