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2 years ago

indicators that the local currency is also the functional currency include all of the following except:

1 answer:

6 0

Indicators that the local currency is also the functional currency include all of the following except the parent typically provides the financing or provides a guarantee.

A functional currency is one that is utilized in the main economic setting in which a company conducts business. This is the setting in which an entity generates and spends money most frequently. When defining the functional currency of an entity, the following key considerations should be taken into account:

The principal currency influencing retail prices (usually the currency in which prices are denominated and settled).

The money of the nation whose laws and competition have the biggest impact on retail pricing.

The principal currency affecting labor expenses and other costs of goods sold (usually the currency in which prices are denominated and settled).

The currency in which an entity keeps its operating receipts and the currency in which debt and equity instruments are issued are less important deciding factors.

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A Resort in Hawaii is now available for sale for $400 million. Hilton Hotels Corp. and Marriott International Inc. are both cons

Agata [3.3K]

Answer:

b. Hilton should purchase the resort, but Marriott should not.

Explanation:

given data

Resort sale = $400 million

free cash flow = $45 million

time = 20 year

return = 8%

risk-free rate = 2%

Hilton beta =1.1

Marriott beta = 1.3

solution

we get here first NPV of the resort when the cost of capital is

Re = risk-free rate + beta( Rm - Rf) ........................1

Re = 2 + 1.1 ( 8 - 2 )

Re = 8.6%

and

The NPV will be as

cash flow to free cash flow is = 45 million

so NPV is $22.767

and

as that at cost of capital of 9.8%,

The NPV will be

NPV = $11.6011

so we can say that Hilton should pursue the project due to the positive NPV

but due to the negative NPV here Marriott should not pursue the project.

4 0

4 years ago

Does anyone know a good quality but cheap sticker printer

Mars2501 [29]

Answer:

have you tired looking on ebay

7 0

4 years ago

what is the true difference between consultative leadership and participative leadership in decisiion making?

Anastasy [175]

The difference between consultative leadership and participative leadership in decision making is that in consultative leadership employees do not have decision-making power they can only share their opinions but in participative leadership, everyone works together for decision making.

A leader who shares decision-making with organization participants. 3 subtypes of participative leaders consist of consultative, consensus, and democratic. Consultative leaders confer with subordinates earlier than you make a decision; but, they maintain the authority to make very last selections.

Consultative leadership fashion is set growing the capacity to persuade people in place of enforcing their authority on them, enticing the subordinates or employees efficiently in the decision making. Such leaders ask humans for their minds & permit them to technique the problem and locate a nice feasible solution. The consultative chief uses the talents, thoughts, and enjoyment of others, however, the final choice is made by using a leader. Such a leader has interacted with his time or more important tasks, gives proper popularity, and evaluates all the alternatives before making the very last choice.

The participative leader entails himself because a member of the group & makes choices alongside the group. Such a leader seeks consensus and all and sundry have to take possession within the final decision. In a participative management fashion team participants and leaders, thoughts are taken into consideration as identical, and the body's input is considered. right here leader is a facilitator, educates, and frequently embraces crew thoughts over their very own, creating a tradition of innovation and focusing on promoting creativity.

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5 0

2 years ago

You need $120,000 to start your business. You plan to invest $54,000 in the business and obtain financing from outside investors

bonufazy [111]

Answer:

45%

Explanation:

54/120

8 0

3 years ago

At Hodgson Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied.

SIZIF [17.4K]

Answer:

$2.79 per unit

Explanation:

Given that :

Beginning WIP direct materials $ 38, 000

Beginning WIP conversion costs $20,250

Costs of materials added $ 393, 100

Costs of conversion added $271,125

WIP beginning (50% for conversion) 20,200 units

Units started 120,500 units

Units completed and transferred out 106,700 units

WIP ending (60% for conversion) 34,000 units

We are to find the cost per equivalent unit for direct materials? (Round your final answer to the nearest cent.)

Let first calculate the total equivalent units for direct materials which is:

= Units completed and transferred out + WIP ending

= (106,700 + 34000) units

= 140700 units

The cost per equivalent unit for direct materials = Costs of materials added (a)/ equivalent number of unit (b)

The cost per equivalent unit for direct materials = $ 393, 100/140700 unit

The cost per equivalent unit for direct materials = $2.79 per unit

3 0

3 years ago