Company x wishes to borrow u. s. dollars at a fixed rate of interest. company y wishes to borrow japanese yen at a fixed rate of interest. the amounts required by the two companies are roughly the same at the current exchange rate. the companies are subject to the following interest rates, which have been adjusted to reflect the impact of taxes:
yen dollars
company x 5.0% 9.6%
company y 6.5% 10.0%
design a swap that will net a bank, acting as intermediary, 50 basis points per annum. make the swap equally attractive to the two companies and ensure that all foreign exchange risk is assumed by the bank.

For each of the following cases determine the ending balance in the inventory account. (hint: first, determine the total cost of inventory available for sale. next, subtract the cost of the inventory sold to arrive at the ending balance.)a. jill’s dress shop had a beginning balance in its inventory account of $40,000. during the accounting period jill’s purchased $75,000 of inventory, returned $5,000 of inventory, and obtained $750 of purchases discounts. jill’s incurred $1,000 of transportation-in cost and $600 of transportation-out cost. salaries of sales personnel amounted to $31,000. administrative expenses amounted to $35,600. cost of goods sold amounted to $82,300.b. ken’s bait shop had a beginning balance in its inventory account of $8,000. during the accounting period ken’s purchased $36,900 of inventory, obtained $1,200 of purchases allowances, and received $360 of purchases discounts. sales discounts amounted to $640. ken’s incurred $900 of transportation-in cost and $260 of transportation-out cost. selling and administrative cost amounted to $12,300. cost of goods sold amounted to $33,900.a& b. cost of goods avaliable for sale? ending inventory?