The london interbank offered rate

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Reference no: EM131884030

Compute the cash flows from operations using the indirect method if Star Corporation had $250,000 in net income, $30,000 in depreciation expense, a decrease of $20,000 in accounts receivable and an increase in bonds payable of $50,000. (Please Explain The Work Done To Get The Answer)

A. $370,000

B. $300,000

C. $250,000

D. $310,000

2. The London Interbank Offered Rate (LIBOR)

A. competes with the U.S. Prime Rate for those companies with an international presence.

B. has been lower than the U.S. Prime Rate for at least the last decade.

C. is an estimate of the interbank lending rate for London banks.

D. all of these options are correct.

Reference no: EM131884030

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The london interbank offered rate : The London Interbank Offered Rate (LIBOR)

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