Answer:
The correct option is (b)
Explanation:
According to the scenario, the foreign currency that original sold at the market is shown below:
= (Forward rate to Jan 15 - Spot rate) × paymen made
= ($0.00089 - $0.00082 ) × 20 million
= $0.00007 × 20,000,000
= $1,400 premium
hence, the foreign currency that originally sold at the market is $1,400 premium
Therefore the correct option is (b)
Answer: $252,000
Explanation:
Property worth $275,000, 4 weeks ago had 3 bedrooms and 3 bathrooms.
House to be appraised has 3 bedrooms and 2 bathrooms meaning it has one less bathroom than the other house.
Value of bathroom is $15,000 so;
= 275,000 - 15,000
= $260,000
House to be appraised was worth $260,000 4 weeks ago.
Prices have been reducing at $2,000 per week for four weeks.
= 2,000 * 4
= 8,000
Value of house = 260,000 - 8,000
= $252,000
<span>Mid-level managers oversee the activities of first-line managers. Mid-level managers are responsible for their department and report to top management. Mid-level managers must make sure that resources are allocated correctly and must invest money in training and development, materials, supplies and technology. They communicate the goals and strategies to first-line managers.</span>
