1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dahasolnce [82]
3 years ago
10

A u.s. firm sells merchandise today to a british company for £100,000. the current exchange rate is $2.03/£, the account is paya

ble in three months, and the firm chooses to avoid any hedging techniques designed to reduce or eliminate the risk of changes in the exchange rate. if the exchange rate changes to $2.01/£ the u.s. firm will realize a ________ of ________.
Business
1 answer:
Arturiano [62]3 years ago
5 0
The answer to this question is "GAIN: $2,000". Hence when a United States<span> firm sells merchandise today to a British company for £100,000. the current exchange rate is $2.03/£, the account is payable in three months, and the firm chooses to avoid any hedging techniques designed to reduce or eliminate the risk of changes in the exchange rate. if the exchange rate changes to $2.01/£ United States firm will realize a GAIN of $2,000.</span>
You might be interested in
"A folder has been shared with permissions that allow Accountants to have read permission and Managers to have change permission
alukav5142 [94]

Answer:

The explanation of this question is given below in the explanation section

Explanation:

Sharing a folder on a local area network or LAN requires permission to access it. These permissions mostly categorized into read and write.

Those who have read permission, then they can only read those folders or files but they can't change the content of those folders or files. For example, if someone is allowed to read the files, If he tries to change, then the system will not allow him to change the contents of the file.

On the other side, If someone has permission to change the folders or files on the LAN network or local or public server. Then he has full authority to change the content. In short, the one who has the write permission, can easily change the content of that file or folder and have full control over it.

As asked in this question, a folder has been shared with permission that allows Accountant to have read permission and Manager to have the change permission. Marry is the accounting manager. Marry have full permission or full control (read, write) to accesses the shared folder from across the network.

3 0
3 years ago
Find the value of a stock that is expected to pay a dividend next year of 2.20 assuming you are required return is 12 percent.
ElenaW [278]

Answer:

$18.33

Explanation:

Given that

Expected dividend pay in next year = $2.20

Required rate of  return = 12%

The formula and the computation of the value of a stock are shown below:

Value of a stock = Expected dividend pay in next year ÷  required rate of  return

= $2.20 ÷ 12%

= $18.33

Simply dividing the Expected dividend pay in next year by the required rate of return to get the value of a stock.

7 0
3 years ago
Cat's product manager continues to perform well in the market. However, a competing product is coming on strong and is looking t
Ugo [173]

Answer:

Increase promotion spending

Explanation:

Note that the challenge for the product is to get a demand that supersedes that of their competitor. Thus, by spending more on promotion they could still maintain the contribution margin while at the same time increase consumers demand the product.

For example, by adding extra gift items to their products consumers would likely feel motivated to buy the product over the other.

8 0
3 years ago
Transactions that affect earnings do not necessarily affect cash. Identify the effect, if any, that each of the following transa
Jlenok [28]

Answer:

                                                                  Item  cash      Net income  

a  Purchase of Supplies of cash                 -$100                   -

b  Adjusting entry for use of supplies            -                     -$30

c  Made sales on account                               -                   $1,250

                                             Or

   Made sales on account                               -                   $1,297

d Received cash from customer on acct     $850                  -

                                           Or

   Received cash from customer on acct     $865                  -

e  Purchased equipment for cash               -$2,600              -

                                            Or

   Purchased equipment for cash               -$2,528                -

f   Depreciation of building to be recorded      -                  -$650

                                         Or

   Depreciation of building to be recorded       -                 -$610

3 0
4 years ago
Which of the following correctly describes a repurchase agreement? The sale of a security with a commitment to repurchase the sa
Morgarella [4.7K]

Answer:

The correct answer is A: The sale of a security with a commitment to repurchase the same security at a specified future date and a designated price

Explanation:

A repurchase agreement (Repo) is a short term agreement between two parties in which one party sells the other party security (usually government securities) a<u>t a price with an agreement to repurchase the exact same security at a fixed time and price.</u> The maturity for a repurchase agreement can be from overnight to a year. The

Repurchase agreements are generally considered safe investments because the security in question functions as collateral, which is why most agreements involve U.S. Treasury bonds. The transaction allows the dealer to raise short term capital. It is a short term money market instrument in which two parties agree to buy or sell a security at a future date.

3 0
4 years ago
Other questions:
  • Yes music is the authorized distributor for products of trompa instruments, a popular manufacturer of trumpets and other brass i
    14·2 answers
  • Maize meal product policy
    10·1 answer
  • In China during the 1950s, a group of collective farms, each of which contained more than 30,000 people who lived and worked tog
    9·1 answer
  • __________ segmentation is the most common basis of consumer market segmentation because these segments are easy to define and u
    13·1 answer
  • Consider the following situations for Shocker:
    5·2 answers
  • A company like Motorola might establish a goal of reducing its inventory by 50 percent over the next year. To ensure that it rea
    14·1 answer
  • Ben’s weekly parking fee for the first week in June was $26; for the second week it was $8 more than the first week; and for the
    12·1 answer
  • Partner Beth has a basis of $10,000 in a partnership at the beginning of the year. She receives $6,000 in cash distributions, he
    7·1 answer
  • Can investing in your education or training make you even more likely to obtain and keep a job
    8·1 answer
  • Why would you possibly not be able to use a check that you just deposited in a checking account?.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!