Answer:
- $88,000 gain in dollars
- €0 gain (loss) in Euros
Explanation:
Last year, the value of the inventory in dollars was;
= 440,000 * 1.12
= $492,800
This year with the new exchange rate this value has gone to;
= 440,000 * 1.32
= $580,800
The Gain (loss) in dollars is;
= Current value - Last year value
= 580,800 - 492,800
= $88,000
The value of the Euro both last year and this year is still €440,000 so the change is gain is €0.
Answer:
When telling a friend about your new job, how would you describe this company’s operations?
Neither effective nor efficient
Explanation:
The company's operations will be considered effective if they achieve objectives. But they do not produce the desired results because drivers often get the wrong addresses, making freights not to arrive at their destinations. Similarly, the company's operations cannot be described as efficient because trucks go out half full with wrong addresses. This is a waste of time, money, and efforts, and the performance competence of the company is questionable. Efficient operations accomplish results with the least amount of resources. Effective operations achieve desired results successfully.
The statement," Financial markets are important for bringing equilibrium to the loanable funds market, but do not affect the efficient allocation of scarce resources in the long-run." is false.
<u>Explanation:</u>
Financial markets are important for bringing equilibrium to lonable funds and in the long run they affect the allocation efficiency of scare resources. They probably shift the scare resouces of the economy from savers to borrowers.
Financial market is an arena where trading of financial derivatives and securities occurs at lower transaction costs. The securities are namely bonds, stocks, etc.,
The role of financial markets are as follows,
- operation of modern economies
- provides the government/business entities access to capital
Answer:
The correct answer is letter "C": excite.
Explanation:
The 4E framework is an approach to maximize the use of social media for marketing purposes. The 4E implies exciting consumers with offers that may attract them; educating them about the offer; allowing them to experience products; and, engage them with the product. This is achieved with the use of <em>social networking, media-sharing, </em>and <em>thought-sharing sites.
</em>
Therefore, <em>"Staples" providing to its consumers coupons based on past purchases through their mobile phones while they are on the store represents the excite component of the 4E framework.</em>
Answer: $490
Explanation:
Economic value added is the estimate of the economic profit of a firm. The economic value added(EVA) is also gotten when the capital charge for the raise of the firm's capital is deducted from the net profit.
Based on the above information, the economic value added will be:
= Net profit - (Total Operating capital × Weighted average cost of capital)
= $700 - ($2,100×10%)
= $700 - $210
= $490
