As a US multinational you decide to borrow long-term debt of 1 million KRW at 8% for one year. The exchange rate on the date you borrowed the debt is 100 KRW / $ and the exchange rate on the date you repaid the debt is 110 KRW / $. What is the nominal cost of borrowing the KRW debt in US$ terms? g

Clooney corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. by the end of the month, employees made one expenditure from the petty cash fund (entertainment, $20) and three expenditures with the credit card (postage, $59; delivery, $84; supplies expense, $49).record all employee expenditures, and record the entry to replenish the petty cash fund. the credit card balance will be paid later. (if no entry is required for a transaction/event, select "no journal entry required" in the first account record expenditures from credit card and the petty cash fund.