Answer:
$1.55
Explanation:
Interest rate parity = (1+Rh) / (1+Rf) = F1 / S0
Rh = rate on home currency here US is home 3% p.a = 3%/4 = 0.75%
Rf= rate on foreign currency here Germany 3.5% p.a = 3.5%/4 = 0.875
F1 = Forward rate
, S0= Spot market rate
So, (1+0.0075) / (1+0.00875) = F1 / 1.56
1.0075/1.00875 = F1 / 1.56
0.998761 = F1 / 1.56
F1 = 0.998761 * 1.56
F1 = 1.55806716
F1 = $1.55
Thus, the 90-day forward rate is $1.55
Answer:
The answers B More profits
Explanation:
Trust me i just made a 100 in the test
Answer:
c. provide information about the cash receipts and cash payments during a period.
Explanation:
The purpose of statement of cash flows is to report all major cash receipts ( inflows) and cash payments ( outflows) during a period. This includes separately identifying the cash flows relating to operating , investing and financing activities .
The statement of cash flows does more than simply report changes in cash.The statement of cash flows addresses important questions such as how does a company obtain its cash or spend its cash, or explains changes in cash by summarizing, classifying and reporting a company's cash inflows and cash outflows for each period.
So Option C is the best choice
It is true that in a market system, consumers exercise consumer sovereignty, is crucial in determining the types and quantities of goods produced.
<h3>What is consumer sovereignty?</h3>
Consumer sovereignty refers to the control exercised by consumers' preferences on the production of goods.
Here, the consumers have the power to judge what goods as well as services are produced as the case maybe.
Learn more about consumer sovereignty here: brainly.com/question/4397035
#SPJ1
Answer:
1. Bob is aware of what he is doing. He knows it is wrong.
2. It matters.
Explanation:
Bob is committing fraud against the firm. Because he received the memo from the business organization that casual lunches are not business expenses.. Bob acted on purpose as he and his girlfriend who is not an employee are enjoying benefit from the firm by making the meals to be business expenses, when he is aware that they are not. Thus, it can be said that Bob is committing fraud against the business.
2. Yes it matters and as an employee of the business, I'm going to speak to Bob and explain to him that he is going against company policy. And it could constitute as employee embezzlement.
Since the expenses that he is writing off as business expenses is completely invalid. The fraud would be reported to the management because failure to might put me at risk by making me an accomplise to the fraud.
