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snow_tiger [21]

3 years ago

12

Which statement describes the foreign exchange rate? A. the rate at which currency is spent in a foreign country B. the rate at

which people exchange currency for foreign goods and services C. the rate at which one currency is converted to another currency

1 answer:

11Alexandr11 [23.1K]3 years ago

7 0

Answer:

c

Explanation:

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Financial statement data for the years 20Y5 and 20Y6 for Black Bull Inc. follow:

const2013 [10]

Answer and Explanation:

a. The computation of the earning per share is given below:

As we know that

Earning per share = (Net income - preference dividend) ÷ (average no of common shares oustanding)

For 20Y5

= ($1,508,000 - $60,000) ÷ 80,000 shares

= $18.1

For 20Y6

= ($2,676,000 - $60,000) ÷ 120,000 shares

= $21.8

b. Since the earning per share is increased from 20Y5 to 20Y6 so it is favorable

4 0

3 years ago

Samantha put $18,500 into a savings account. after one month, the savings account grew to $18,962.50. after the second month, it

Readme [11.4K]

Answer: $24,747.92

Based on the given amounts of increased in savings for the first 3 months, we have the following assumptions:

1) That the savings increase by 2.44% monthly

$18,962.50 -18,500=462.50, 462.50/18962*100=2.44%

$19,436.56--$18,962.50=$474.06, 474.06/19,436.56*100=2.44%

$19,922.48-$19,436.56=485.92, 485.92/19,922.48*100=2.44%

2) That the monthly interest for the first 3 months had an incremental of $0.30 monthly

462.50,474.06 and 485.92 has an incremental of 11.56 and 11.86 (with a difference of .30)

Continuing on with the increments gives savings of $24,747.92 in the 12th month.

4 0

4 years ago

Read 2 more answers

Tinder, the mobile dating app, is competing for market share with Match among college students. In its promotional messages, Tin

kramer

Answer:

E. Points of Difference

Explanation:

Point of Difference (PoD) are factors of products or services (in this case, dating services) that stablish differenciation with competitors with the goal of increase bran loyalty as the consumer see their benefit increased.

While Point of parity, (PoP) are associations not unique to the brand but at equal level as the competitor.

As the statement assume Tinder is faster and cheaper than Match it stablish differenciation points.

8 0

3 years ago

Jennifer's pension plan is an annuity with a guaranteed return of 7% per year (compounded monthly). She can afford to put $300 p

givi [52]

Answer:

She will receive $3,494.95 per month.

Explanation:

Jennifer's pension plan is an example of a sinking fund.

A sinking fund is an account that earns compound interests and into which periodic payments are also made.

The formula for calculating the future value of payments in a sinking fund account is given as:

$FV=PMT\frac{(1+\frac{r}{n} )}{\frac{r}{n} } ^{n*t}$

where:

FV = Future value

PMT = periodic payment = $300

r = interest rate in decimal = 7% = 0.07

n = compounding period per year = monthly = 12

t = number of years compounded = 40

hence:

$FV=300\frac{(1+\frac{0.07}{12} )}{\frac{0.07}{12} } ^{12*40}$

$300*\frac{(1.005833)^{480}}{0.005833} =300* 2,795.96$

∴FV = $838,786.8

Finally, we are asked to calculate the amount she will be paid per month in a 20-year payout period, and this is shown below:

20 years = 12 months × 20 = 240 months

Therefore, amount to be paid in a 240 month period =

future value ÷ total number of months 838,786.8 ÷ 240 = $3,494.95

3 0

4 years ago

Dole originally aimed the fruit bowls toward moms with small children but quickly adapted once it realized on-the-go professiona

Hitman42 [59]

Which is to <span>Identify the target audience.
Target audience refers to the group of people that certain advertisers or publications intended to reach.
By knowing the target audience, they could create marketing campaigns that would be appealing for that specific group alone maximize their result.</span>

7 0

3 years ago

Read 2 more answers