Answer: 97.99
Explanation:
The one-year forward rate that an investor would be indifferent between the U.S. and Japanese investments will be:
= Spot rate × (1 + Japanese rate / 1 + U.S rate)
= 101 × (1 + 1% / 1 + 4.1%)
= 101 × [(1 + 0.01) / (1 + 0.041)]
= 101 × (1.01/1.041)
= 101 × 0.9702209
= 97.99
Answer: The calculation is as follows:
Explanation:
Given that,
Annual demand = 2000 flowers
Regular parcel service = 3 days transit time
Premium parcel service = 1 day transit time
Public carrier = 5 days transit time
(1) Average annual transportation inventory for Regular parcel service:
⇒ 
= 
= 16.43
(2) Average annual transportation inventory for Premium parcel service:
⇒ 
= 
= 5.47
(3) Average annual transportation inventory for Public carrier:
⇒ 
= 
= 27.39
Answer:
b. $6.50 per machine-hour
Explanation:
The computation of the predetermined overhead rate is
= Total fixed manufacturing overhead cost ÷ Total machine-hours + Variable manufacturing overhead per machine-hour
= $294,000 ÷ 70,000 + $2.30
= $4.20 + $2.30
= $6.50 per machine-hour
Therefore, all the other information that is given are irrelevant. Hence, ignored it
Answer:
=$80,620
Explanation:
Under the unit of the production method, the cost of the asset is divided by its expected production level to determine the depreciation per unit.
For this truck, depreciation per unit
=$306,000 / 111,000 miles
=$2.78181 per mile
=$2.78 per mile
If the track is driven for $29,000 miles
The depreciation amount will be
=$2.78 x 29,000
=$80,620
Answer:
B
Explanation:
Money has several functions, one of its principal function is using it as unit of account. By comparing the amount in dollars spent on running a car yearly to annual earnings instead of keeping track in terms of gasoline cost and quarts of oil shows that money has been used as a unit of account.
This means that the amount of gasoline gallons bought and quarts of oil has been essentially replaced by the cost of these purchases and hence avail is the power to use money as a unit of account
