Answer:
Spot rate = 0.3807
Explanation:
Given:
Interest rates in the U.S. = 10% = 0.1
Interest rates in Switzerland = 4% = 0.04
Forward rate = $0.3864
Spot rate = ?
Day ratio = 90 days / 360 days = 0.25 (Assume 360 days in a year)
Computation of Spot rate:
Spot rate = Forward rate[1+(Domestic rate × Day ratio)] / [1+ (Foreign rate × Day ratio)]
Spot rate = 0.3864[1+(0.04 × 0.25)] / [1+(0.10 × 0.25)]
Spot rate = 0.3864[1+0.01] / [1+0.025]
Spot rate = 0.3864[1.01] / [1.025]
Spot rate = 0.390264 / [1.025]
Spot rate = 0.3807
Answer:
C. Counterpurchase
Explanation:
Counter purchase is a particular type of countertrade arrangement whereby an exporter of goods agrees to buy a certain number of goods from the country it exports to, in exchange for the product the country would buy from the exporter. This is commonly used in international business arrangements and the goods that are being sold by the two different parties are usually unrelated to each other but could be of equal value.
Workers who are known to have skills to operate machines and who only require a minimum amount of training are semiskilled laborers. They are known as semiskilled due to the fact that they work using a bit of skills only, and they don't require to learn the whole aspects of the machine.
Answer:
The correct answer is D.
Explanation:
Giving the following information:
Total Cost Production (units)
April $119,400 281,300
May 92,000 162,800
June 99,000 238,000
<u>To calculate the variable cost per unit and the total fixed cost, we need to use the following formula:</u>
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (119,400 - 92,000) / (281,300 - 162,800)
Variable cost per unit= $0.231
Fixed costs= Highest activity cost - (Variable cost per unit * HAU)
Fixed costs= 119,400 - (0.231*281,300)
Fixed costs= $54,701
Answer:
A. Please see attachment .
B.Please see attachment . B) Benefits will end under these conditions when earned income is $9,000/.75 = $12,000, just as shown in a. The difference is that the all-leisure income is higher, but the slope of the line segment from 500 hours of leisure to 2,000 hours of leisure is flatter.
C. (C) A higher income guarantee with a higher reduction rate is more likely to discourage work for two reasons
Explanation:
(C) A higher income guarantee with a higher reduction rate is more likely to discourage work for two reasons. First, not working at all yields a higher income. Second, a person who works less than 1,500 hours will be allowed to keep much less of his or her earned income when the effective tax rate is 75%. With a 75% benefit reduction rate, the effective hourly wage is only $2 per hour (25% of $8).