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2 years ago

kim buys a treadmill with a faulty latch. when thinking about her rights as a consumer, kim is most likely concerned about

1 answer:

3 0

In the above scenario, Kim is most likely concerned about quality and price of the product to replace the faulty one.

<h3>What is consumers right?</h3>

This is known to be the Right to Choose from any goods and services of one's choice.

Note that there are a different kinds of quality products and services at competitive prices and as such, In the above scenario, Kim is most likely concerned about quality and price of the product to replace the faulty one.

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Victor Malaba has a net income of $1,240 per month. If he spends $150 on food, $244 on a car payment, $300 on rent, and $50 on s

Volgvan

Answer:

40%

Explanation:

Given:

Net income of Victor Malaba = $ 1,240 per month

Amount spend on food = $150

Amount spend on a car payment = $244

Amount spend on rent = $300

Amount for savings = $50

Thus,

Total expenses = $ 150 + $ 244 + $ 300 + $ 50 = $ 744

the total amount left after the above expenses = Net income - The total expenses

The amount left = $ 1,240 - $ 744 = $ 496

Therefore, the percentage of net income that can he can spend on other things = $\frac{496}{1240}\times100%$

The percentage of net income that can he can spend on other things = 40%

6 0

3 years ago

Princess Cruise Company (PCC) purchased a ship from Mitsubishi Heavy Industry. PCC owes Mitsubishi Heavy Industry 500 million ye

Illusion [34]

Answer:

Explanation:

In the case of forwarding hedge:

The future dollar cost will be = FX receiveable ÷ Foward exchange rate

= 500 million yen ÷ 110 yen/dollar

= $4.55 million

For money market hedge:

Present value of yen payable = $500 \ yen \div (1+ \dfrac{5}{100})$

$= \dfrac{500 \ yen }{1.06}$

= 476.20 million yen

PCC would convert dollars to yens at the spot market rate and borrow yen such that it would get 500 million yen at maturity(i.e after one year) for Mitsubishi to receive it.

Dollars needed to get these yen = 476.30 yen ÷ 124 yen/dollar

= $3.84 million

Future Value of these dollars (for comparison with the foward market hedge) = $3.84 × (1 + 0.08)

= $4.15 million

Hence, the money market hedge is better as the dollar cost is lower than the forward market hedge to meet the obligation.

On the maturity date, the spot rate is 110 yen/dollar

Ad the strike price = 0.0081 /dollar

It is better for the company to go for the strike price due to the fact that it has a lower rate than the spot rate.

Now;

The premium amount = 500000000 yen × 0.014 dollar / yen

= 70000 dollars

However; the Future dollar-cost payable = 500000000 yen × 0.0081 dollar /yen

= 4050000 dollars

By applying option hedge, the total dollar cost required to meet the obligation = (4050000 + 70000) dollars

= 4120000 dollars

The dollar cost needed from the option hedge required to matching the forward hedge is determined by subtracting it from the premium amount:

Thus;

for option hedge, dollar cost needed = (4550000 - 70000) dollars

= 4480000 dollars

The required future spot rate = 500000000/4480000

= 111.61 yen/dollar

As a result, at the future spot rate of 111.61 yen/dollar, PCC will be unconcerned about and indifferent about the option or forward hedge because the future dollar cost of meeting the obligation will be the same.

3 0

3 years ago

Discuss which financial management practices are least effective in creating and monitoring an operating budget?

insens350 [35]

The financial management practices which are least effective in creating and monitoring an operating budget include top down/bottom up budgets, poor inventorying, lack of control, over control, and lack of staff investment.

In business, financial management includes the practice of making a business plan and then ensuring that all departments which falls under it stay on track and work properly.

Creating and monitoring an operating budget for the national government involves four distinct processes which are, budget preparation, budget authorization, budget execution and accountability.

Hence, the operating budget helps in keeping track of the income and expenses in an organization.

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3 0

2 years ago

Suppose the college administrators estimate that the beautification initiative will cost $2,040. To decide whether the initiativ

tekilochka [14]

Answer:

420 x 12 = 5,040

Explanation:

Because the estimated benefit is greater than the cost, the college administrators should undertake the beautification initiative.

8 0

3 years ago

Which of the following should you do during an interview

stepladder [879]

Hey there!

The correct answer to your question is option A.

During an interview, you should tell stories of how worked with others to complete a project or solve problems.
This is because during an interview, you want whoever is interviewing you, to be comfortable with you and accept you! The other options won't make anyone want to accept you.

Hope this helps you.
Have a great day!

5 0

3 years ago