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Mademuasel [1]
3 years ago
7

The best business writing is purposeful, economical, and ________. a. feelings oriented b. technical c. revenue driven d. audien

ce oriented
Business
1 answer:
alexgriva [62]3 years ago
4 0

Answer: (D) Audience oriented

Explanation:

 The effective business writing is should be economical, audience oriented and also purposeful to the public so that we can easily explain about the main objective of the topic.

The importance of the business writing is that  it helps in providing the strengthening of our organization and also build good communication with the consumers.

The audience oriented is one of the efficient communication with the audience where the speaker use their skills such as content and language for explaining bout the topic purpose in front of audience.

 Therefore, Option (D) is correct.

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Which of the following phrases describes money?
lakkis [162]
The phrases that describes money the best would be: Medium of exchange

Before money were made, in order to obtain a product that we don't own,  we need to exchange it with another product that we own. This system is commonly known as barter.

With money, we can obtain a product that we don't own without exchanging it with anything. This function is the reason why money is called medium of exchange
6 0
3 years ago
Read 2 more answers
At December 31, 2012 and 2011, Miley Corp. had 180,000 shares of common stock and 12,000 shares of 6%, $100 par value cumulative
Nuetrik [128]

Answer:

$2.5 per share

Explanation:

Earning Per share is the amount of earning for the period that allocated to each share. Normally it is calculated using common shares. The earning used in this calculation is purely the earning that is associated with the shareholders of the company. We can have this earning after deducting all the expenses and preferred dividend as well.

Formula:

Earnings per share = Net Income / Numbers of common Shares

Earnings per share = $450,000 / 180,000

Earnings per share = $2.5 per share

7 0
3 years ago
North Bank has been borrowing in the U.S. markets and lending abroad, thereby incurring foreign exchange risk. In a recent trans
Vsevolod [243]

Answer:

A) 10.82%

B) 5.27%

C) 8.56%

Explanation:

Given data :

North Bank Borrow ; $1.4 million at 5 percent

Lend in pounds at 9%

spread = ( 4% )

spot rate = 1.454

<u>A)  Determine the loan rate to maintain the 4 percent spread</u>

Expected spot rate = 1.43

First step :

Lending amount = $1.4 million / initial spot rate = 1.4 / 1.454 = £ 0.9628 million

next :

calculate the final amount  Required in $ to maintain 4% Spread

= principal ( $1.4 million ) + interest ( 9% of 1.4 ) = 1.4 + 0.126 = $1.526 million

In pound ( at the expected spot rate )

= 1.526 / 1.43 = £1.067 million

expected profit = £1.067 - £0.9628 = £ 0.1042 million

Therefore the interest rate tp maintain the 4 percent spread

= 0.1042 / 0.9628 = <em>10.82%</em>

B) <u>Determine the net interest margin if the bank hedges its forward foreign exchange exposure</u>

Forward rate = 1.46

assuming interest as value calculated above = ( 10.82% )

lending amount = £0.9628 million

Repayment = 0.9628 * 111%  * 1.46 = $1.5603 million

therefore return rate = $1.5603 - $1.4  = $0.1603 million = 10.27%

hence : Net interest margin = 10.27% - 5% = 5.27%

<u> C)  Determine the loan rate to maintain the 4 percent spread if the bank intends to hedge its exposure using the forward rates.</u>

Forward Hedging contract forward rate =  1.46

lending amount = $1.4 / 1.454 =  £ 0.9628 million

Total Interest and Principal Repayment Required in $ to maintain 4% Spread = $1.526 million

In pound = 1.526 / 1.46 = £ 1.0452

Interest = £1.0452 -  £0.9628 =  £0.0824 million

therefore interest Rate to maintain 4℅ Spread

= ( 0.0824 / 0.9628 ) * 100  = 8.56%

3 0
2 years ago
Schwiesow Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 7.05 Direct labor
patriot [66]

Answer:

The contribution margin per unit is $5.1

Explanation:

The contribution margin per unit is the amount from selling price per unit after deducting all the related variable costs per unit. This is the amount that each product contributes towards covering the fixed costs.

<u />

<u />

<u>Contribution margin per unit:</u>

Selling price per unit                              18.7

<u>Less : Variable cost per unit</u>

Direct material                                       (7.05)

Direct labor                                             (3.5)

Variable manufacturing Overhead       (1.65)

Sales commission                                  (1.00)

Variable Admin expense                     <u>  (0.40)</u>

Contribution margin per unit                  5.1

3 0
3 years ago
The economy of Estonia has been successful due to a large amount of
Harlamova29_29 [7]
The answer is D. Traditional Values

Estonia is a small country and doesn't have a large amount of capital and workers, so it's not option a and B

Estonia is really famous for the Economic freedom imposed by its Government so the answer is not option c.


3 0
3 years ago
Read 2 more answers
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