Answer:
B. 11%
Explanation:
Recall that
Dollar return on euros = Euro interest rate + [(current exchange rate per euro - initial exchange rate per euro) ÷ initial exchange rate per euro]
Given that
Euro interest rate = 0.05 or 5%
Initial exchange rate = 1.10
Current exchange rate = 1.165
Therefore
Dollar return on Euros = 0.05 + [(1.165 - 1.10) ÷ 1.10]
= 0.05 + [0.065 ÷ 1.10]
= 0.05 + 0.059
= 0.109
OR
= 10.9 %
= 11%
Answer:
It will take 16.09 years.
Explanation:
Giving the following information:
Future value= $20,000
Present value= $5,000
Interest rate= 9%
<u>To calculate the number of years required to reach the objective, we need to use the following formula:</u>
n= ln(FV/PV) / ln(1+i)
n= ln(20,000 / 5,000) / ln(1.09)
n= 16.09
It will take 16.09 years.
Answer:
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Answer:
The correct answer is: inputs such as wages and salaries to its employees, whereas implicit costs are non-expenditure costs that occur through the use of self owned resources such as foregone income.
Explanation:
The implicit costs.
Also known as opportunity costs have to do with alternative earning options, or money that we no longer receive when performing certain commercial actions.
A company incurs implicit costs when it waives an alternative action but does not make a payment. Implicit costs of a company are:
- The use of the company's own capital (money or assets).
- The use of money, assets and financial resources of the owner.
Explicit costs. They are what we usually see and are easy to identify. Even if they can present some complication for their determination, it is possible to identify them thanks to the business operation itself.
Explicit costs are paid with money. In a food company the costs recorded by the company accountant are the explicit costs, for which the company disburses cash, such as wages and salaries, truck maintenance, tolls, service payments, and so on.
Answer: Encourage and track complaints
Explanation:
Encourage and track complaints is a method of customer service some organization implemented to curb some customer service issue or likely monitor how well their product and services are or how well their workers treat their customers. This method of customer service operation helps the firm not to loose potential clients and customers already with them but still likes in the hands the clients or customer's feedback.
