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Lilit [14]
1 year ago
10

japan life insurance company invested $10,000,000 in pure-discount u.s. bonds in may 1995 when the exchange rate was 80 yen per

dollar. the company liquidated the investment one year later for $10,770,000. the exchange rate turned out to be 110 yen per dollar at the time of liquidation. what rate of return did japan life realize on this investment in yen terms? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)
Business
1 answer:
Softa [21]1 year ago
7 0

The rate of return that Japan life realize on this investment is 48.087%.

<h3>What does the term "rate of returns" mean?</h3>

The percentage change in an investment's value is represented by the annual rate of return. For instance, if you estimate a 10% annual rate of return, you're anticipating that your investment's value would rise by 10% annually The result is multiplied by 100 to be reported as a percentage. The IRR evaluates the long-term performance of a project, capital expenditure, or investment.

Given:

To find rate of return in Yen,

Convert the initial and the ending value to Yen.

The initial cost is:

$10,000,000 × 80 = 800,000,000

The ending value in Yen is

10,770,000 × 110 = 1,184,700,000

Thus the rate of return in Yen,

rate of return =( 1,184,700,000 - 800,000,000) / 800,000,000

rate of return = 384700000/ 800,000,000 = 48.087%

To learn more about rate of return, visit:

brainly.com/question/17164328

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andreev551 [17]

A sole proprietor has unlimited personal liability for all business debts and obligations.

<h3>Who is a sole proprietor?</h3>

A sole proprietor is the owner of a sole proprietorship. A sole proprietorship is a type of business that is owned by one person.

A sole proprietor and the business are regarded as a single person under the law. Thus, a sole proprietor has an unlimited liability. An unlimited liability means that in event of default, both the e property of the business and the sole proprietor can be seized.

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1 year ago
What types of theater productions offer more opportunities for on-the-job learning? professional. traveling Broadway. college/un
Snezhnost [94]
College university productions I think
5 0
3 years ago
Suppose Saron has 7 Birr to be spent on two goods: banana and bread. The unit price of banana is 1 Birr and the unit price of a
mojhsa [17]

Answer:

Solution:

A.

p_x=3, G_x=\frac {100}{3}=33\frac{1}{3}p

x

=3,G

x

=

3

100

=33

3

1

p_y=5, G_y=\frac{100}{5}=20p

y

=5,G

y

=

5

100

=20

B.

100-0.25\times 100=75100−0.25×100=75

p_x=3, G_x=\frac {75}{3}=25p

x

=3,G

x

=

3

75

=25

p_y=5, G_y=\frac{75}{5}=15p

y

=5,G

y

=

5

75

=15

C.

p_x=6, G_x=\frac {100}{6}=16\frac{2}{3}p

x

=6,G

x

=

6

100

=16

3

2

D.

p_y=5, G_y=\frac{100}{4}=25p

y

=5,G

y

=

4

100

=25

2.

MU_x=68-60=8, p_x=2MU

x

=68−60=8,p

x

=2

MU_y=29-25=4, p_y-?MU

y

=29−25=4,p

y

−?

\frac {MU_x}{p_x}=\frac{MU_y}{p_y}

p

x

MU

x

=

p

y

MU

y

\frac{8}{2}=\frac {4}{p_y}

2

8

=

p

y

4

p_y=1p

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8 0
2 years ago
Assume University Athletic Pharoah Club sells T-shirts for $30 and anticipates selling 6,700 shirts during football season. The
den301095 [7]

The preparation of the University Athletic Pharaoh Club's Income Statement in the contribution margin format is as follows:

University Athletic Pharaoh Club

<h3>Income Statement</h3>

For the football season

Sales Revenue                $201,000

Variable cost of sales        155,574

Contribution margin       $45,426

Fixed Costs:

Selling and administrative 33,526

Net Income                       $11,900

<h3>Data and Calculations:</h3>

Sales revenue = $201,000 ($30 x 6,700)

Cost of sales = $155,574 ($23.22 x 6,700)

Fixed Costs = $35,000

Sales commission = $1,474 ($0.22 x 6,700)

Remaining fixed costs = $33,526

Thus, the income statement of University Athletic Pharaoh Club for the football season shows a net income of $11,900.

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Answer:

Closed facts.

Explanation:

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On the other hand when there is an open fact situation the action has not taken place yet, and the future action can be influenced to give a favorable result.

For example Jeremy has identified a research question that relates to a transaction that the client completed several months ago. This is a closed fact situation.

5 0
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