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3 years ago

A dealer in British pounds who thinks that the pound is about to depreciate:

1 answer:

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A dealer in British pounds who thinks that the pound is about to depreciate may want to lower both his bid price and his ask price.

<u>Option: A</u>

<u>Explanation:</u>

The value of the bid corresponds to the top rate a customer pays for a safe. The value which is asked refers to the cheapest rate, which got agreed by a supplier for a service.The variance among these two costs is referred to as range; the narrower the range is, the growing the liquidity of the protection provided.

The average consumer is contending with the bid and asking dissemination as an implied exchange cost. For an instance, if security A's current price quotation is $20.40/$20.45, shareholder X, who is looking into buying A at the current market value, would charge $20.45, whereas shareholder Y, who wants to sell A at the current market value, would receive $20.40.

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Landon would like to work in a private school for troubled teens. Which secondary degree should he obtain? A. a minor in educati

Ivanshal [37]

Answer: C. a minor in psychology

Explanation:

A troubled teens are those children who exhibit behavioral, emotional, and learning problems. They become habitual of risk behaviors and practices that includes the drinking, sex, violence, drug use, self-harming, and other criminal acts. These children are affected by depression, eating disorders, and anxiety.

A minor in psychology will help Landon to understand the psychology of these troubled teens. The subject emphasis over the strategies to reduce the mental stress, anxiety, and different kinds of delinquent behaviors.

4 0

4 years ago

The finished goods inventory on hand on December 31, 2018 was 21,000 units. It is the company's policy to maintain a finished go

BigorU [14]

Question Completion:

Benet Company has budgeted the following unit sales for 2019 and 2020:

Quarter 1 Quarter 2 Quarter 3 Quarter 4 Quarter 1

Sales units 105,000 60,000 75,000 120,000 90,000

Answer:

Benet Company

Production Budget for 20198:

Quarter 1 Quarter 2 Quarter 3 Quarter 4

Sales units 105,000 60,000 75,000 120,000

Ending inventory 12,000 15,000 24,000 18,000

Units available for

sale 117,000 75,000 99,000 138,000

Beginning inventory 21,000 12,000 15,000 24,000

Production 96,000 63,000 84,000 114,000

Explanation:

a) Data and Calculations:

Budgeted unit sales for 2019 and 2020:

Quarter 1 Quarter 2 Quarter 3 Quarter 4 Quarter 1

Sales units 105,000 60,000 75,000 120,000 90,000

Ending inventory 12,000 15,000 24,000 18,000

Units available for

sale 117,000 75,000 99,000 138,000

Beginning inventory 21,000 12,000 15,000 24,000 18,000

Production 96,000 63,000 84,000 114,000

8 0

3 years ago

The _____ is the combination of advertising, personal selling, sales promotion, social media, and public relations and is used t

HACTEHA [7]

Answer: promotion mix

Explanation:

The promotion mix refers to the blend of several promotional tools used by the business to create, maintain and increase the demand for goods and services. The fourth element of the 4 P’s of marketing mix is the promotion; that focuses on creating the awareness and persuading the customers to initiate the purchase. The several tools that facilitate the promotion objective of a firm are collectively known as the promotion mic .The mix is the integration of Advertising, Personal Selling, Sales Promotion, Public Relations and Direct Marketing.

In marketing, the promotional mix describes a blend of promotional variables chosen by marketers to help a firm reach its goals. It has been identified as a subset of the marketing mix.It is believed that there is an optimal way of allocating budgets for the different elements within the promotional mix to achieve best marketing results, and the challenge for marketers is to find the right mix of them

4 0

3 years ago

Read 2 more answers

Identify whether each account would appear on the Balance Sheet or the Income Statement.

Greeley [361]

Answer:

The income statement shows the income items and expense items that are earned by a company for an accounting period. The balance sheet shows assets, liabilities, and the ending balances of equity items. The statement of changes in stockholders equity shows the changes of equity accounts, such as retained earnings and common stock, from its beginning balance to its ending balance. The statement of cash flows shows the inflow and outflow of cash for an accounting period.

Explanation:

4 0

3 years ago

The Campbell Company is considering adding a robotic paint sprayer to its production line. The sprayer's base price is $940,000,

Tanya [424]

Answer:

a. Year 0 Net Cash Flows = $984,000

b. We have:

Year 1 net operating cash flows = $306,159

Year 2 net operating cash flows = $332,986

Year 3 net operating cash flows = $261,479

c. Additional Year 3- cash flow = $504,877

d. The machine should be purchased.

Explanation:

We start by first calculating the following:

Initial Investment = Base Price + Modification Cost = $940,000 + $25,000 = $965,000

Useful Life = 3 years

Depreciation in Year 1 = 0.3333 * $965,000 = $321,634.50

Depreciation in Year 2 = 0.4445 * $965,000 = $428,942.50

Depreciation in Year 3 = 0.1481 * $965,000 = $142,916.50

Book Value at the end of Year 3 = $965,000 - $321,634.50 - $428,942.50 - $142,916.50 = $71,506.50

After-tax Salvage Value = Salvage Value - (Salvage Value - Book Value) * Marginal tax rate = $624,000 – ($624,000 - $71,506.50) * 25% = $485,877

Initial Investment in NWC = $19,000

We can now proceed as follows:

a. What is the Year 0 net cash flow?

Year 0 Net Cash Flows = Initial Investment + Initial Investment in NWC = $965,000 + $19,000 = $984,000

b. What are the net operating cash flows in Years 1, 2, 3?

Year 1 net operating cash flows = (Pretax Cost Saving * (1 - tax)) + (tax * Depreciation in year 1) = ($301,000 * (1 – 0.25)) + (0.25 * $321,634.50) = $306,159

Year 2 net operating cash flows = (Pretax Cost Saving * (1 - tax)) + (tax * Depreciation in year 2) = ($301,000 * (1 – 0.25)) + (0.25 * $428,942.50) = $332,986

Year 3 net operating cash flows = (Pretax Cost Saving * (1 - tax)) + (tax * Depreciation in year 3) = ($301,000 * (1 – 0.25)) + (0.25 * $142,916.50) = $261,479

c. What is the additional Year 3- cash flow (i.e. after tax salvage and the return of working capital)?

Additional Year 3- cash flow = NWC recovered + After-tax Salvage Value = $19,000 + $485,877 = $504,877

d. If the project's cost of capital is 12%, should the machine be purchased?

This can be determined from the net present value (NPV) calculated as follows:

NPV = -$984,000 + ($306,159/1.12^1) + ($332,986/1.12^2) + ($261,479/1.12^3) + ($504,877/1.12^3) = $100,287.71

Since the NPV of the machine of $100,287.71 is positive, the machine should be purchased.

7 0

3 years ago