Answer: d. both Iris and Daphne will want to purchase Joss's services but Joss will not be willing to undertake the job.
Explanation:
Iris will want Joss's services but they will be unable to afford them as Iris is only willing to pay $500 whereas Joss wants $1,200 for the job.
The same goes for Daphne who is only willing to pay $800.
Both of them will therefore want to hire Joss but will be unable to.
Joss could however charge both of them their willingness to pay and then sum the cash up and give them both the research whilst still making a profit.
Answer:
One of the most important disadvantages of excess inventory is the loss of revenue. Products depreciate over time and lose their initial value. So the longer you hold a product, the cheaper it gets.
Based on the fact that the Euro will appreciate, the best thing for Johnson Co. to do is to e.purchase euros forward.
<h3>What should Johnson Co. do?</h3>
The fact that the Euro is going to appreciate in value means that Johnson Co. will have to pay more in future.
They should therefore lock in a favorable Euro rate now by purchasing Euros at a forward rate.
Find out more on purchasing forward at brainly.com/question/14090802.
#SPJ12
Answer:
d.The face value is below the equilibrium price because the rate in the secondary market exceeds the face value.
Explanation:
Equillibrumnprice is defined as the price at which a buyer is willing to buy and a seller is willing to sell a product.
The buyer is willing to buy the ticket at $457 and the reseller also wants to sell at that price, so this is the equillibrum price.
The face value is $259 so it is less than the equillibrum price.
The rate in the secondary market is determining equillibrum price in this case.
Answer: 92.7%
Explanation:
Due to the depreciation of the Dollar against the Pound, the foreign denominated deposit will have an even higher return.
Let's calculate that return.
= New Exchange rate - Former exchange rate / Former exchange rate
= 1.42142 - 1.23123 / 1.23123
= 0.15447
= 15. 4%
There is a gain of 15.4%.
In order to get the total dollar rate of return we add this just calculated return to the interest rate on pound which is 77%.
= 77 + 15.4
= 92.7%
In dollars then the return is 92.7%.
If you need any clarification please feel free to comment or react. This will help other users as well. Thank you.
