The strategy for these questions is to scan through them and choose the easiest to complete first, so that we avoid errors. The easies among the pairs seems to be cultural imperialism because it is somewhat unrelated to the rest. If a foreign culture is imposed upon someone, it is probable that he will wear foreign clothes.
Next, we have that if there are more foreign investments in a country, this affects the value of money in this country. The interest rates will be going higher since there is a motive now for people to take their money out of the bank and invest; hence, the banks need to readjust upwards the rates.
Finally, if the exports are increased, it means that there is more need for your currency (you are taking your good outside your country and they need to be bought with your currency), so the rise in exports yields also a rise in currency value, just because there is more demand for your currency.
Finally, the last slot left is decrease in exports, which goes hand to hand with a lower currency value.
Answer: 20,575 pounds
Explanation:
Production needs in February are 20,600 units.
These take a pound of material to be made finished goods so 20,600 pounds are needed.
Raw material purchase = Total required + Closing inventory - Opening inventory
Closing inventory = 25% * March needs
= 25% * 19,300 = 4,825 pounds
Opening inventory = 25% * Feb needs
= 25% * 20,600 = 5,150 pounds
Raw materials purchase = 20,600 + 4,825 - 5,150
= 20,575 pounds
<span>The extent to which an innovation can
be imitated by competitors depends on the luxury wherein the machinery can be understood
and recreate. This action does not offer enduring barriers, on the other hand it
gives the visionary more time. This refers to Tacitness and Complexity of
Knowledge</span>
Answer: $4,400 Loss Amortization
Explanation:
At the start of the year x9, Fox Inc's projected benefit obligation exceeds the fair value of plan assets. Therefore, we we will have to amortize the unrecognized gain or losses over the remaining services period which is 15 years.
Unrecognized net losses = $396,000
Less: Exceeding = (330,000)*
Excess 66,000
Divide by remaining service 66,000/15 = $4,400
*Exceeding = beginning projected benefit obligation (3,300,000) x 10% = 330,000
Answer:
Annual deposit= $71,428.57 per year
Explanation:
Giving the following information:
You expect to live to 100 and work until you turn 65. You estimate that you will need $100,000 per year.
Every dollar in the plan earns 7% per year.
You have just turned 22 years old.
First, we need to calculate the amount of money necessary in retirement:
Final value= 100,000*35 years= 3,500,000
Now, using the following formula, we calculate the yearly deposit needed:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
n= 65-22= 43
FV= 3,500,000
i=0.07
A= (3,500,000*0.07)/[(1.07^22)-1]
A= 245,000/3.43
A= 71,428.57 per year
