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vazorg [7]
3 years ago
15

An exchange rate is 0.7000 and the six- month domestic and foreign risk- free interest rates are 5% and 7% (both expressed with

continuous compounding). What is the six- month forward rate
Business
1 answer:
aalyn [17]3 years ago
3 0

Answer:

0.693

Explanation:

Given that

Exchange rate = 0.7

Interest Rates = 5% and 7%

The calculation of six-month forward rate is shown below :-

= Spot Rate x e^ (Domestic Rate - Foreign Rate) x Domestic Rate

= 0.7 x e^ ((0.05 - 0.07) x 0.05)

= 0.7 x e^ -0.001

= 0.7 x 0.99

= 0.693

Hence, the six-month forward rate is 0.693. we simply find the six moth rate by applying the formula.

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8. The TS Company has budgeted sales for the year as follows: Quarter 1 Quarter 2 Quarter 3 Quarter 4 Sales in units 10,000 12,0
Finger [1]

Answer:

Results are below.

Explanation:

<u>First, we need to determine the production budget using the following formula:</u>

Production= sales + desired ending inventory - beginning inventory

Quarter 1:

Production= 10,000 + (0.25*12,000) - 2,500

Production= 10,500

Quarter 2:

Production= 12,000 + (0.25*14,000) - 3,000

Production= 12,500

Quarter 3:

Production= 14,000 + (0.25*16,000) - 3,500

Production= 14,500

Quarter 4:

Production= 16,000 - 4,000

Production= 12,000

<u>Now, the direct material purchase budget:</u>

Purchases= production + desired ending inventory - beginning inventory

Quarter 1:

Purchase= 10,500*4 + (12,500*0.1) - 4,200

Purchase= 39,050 pounds

Quarter 2:

Purchase= 12,500*4 + (14,500*0.1) - 1,250

Purchase= 50,200 pounds

Quarter 3:

Purchase= 14,500*4 + (12,000*0.1) - 1,450

Purchase= 57,750 pounds

Quarter 4:

Purchase= 12,000*4 - 1,200

Purchase= 46,800 pounds

3 0
3 years ago
eBookPrintReferences Check my work Check My Work button is now enabledItem 180Item 180 Ouelette Corporation's relevant range of
telo118 [61]

Answer:

$22,800

Explanation:

Calculation for the total amount of indirect manufacturing cost incurred

First step is to find the fixed manufacturing overhead portion

Fixed manufacturing overhead portion=$3.00 *5000 units

Fixed manufacturing overhead portion =$15,000

Second step is to calculate the indirect manufacturing cost if 6,000 units are produced using this formula

Indirect manufacturing cost =Fixed manufacturing overhead portion

+ Variable portion

Let plug in the formula

Indirect manufacturing cost=$15,000 + ($1.30*6,000 units)

Indirect manufacturing cost=$15,000+$7,800

Indirect manufacturing cost=$22,800

Therefore the total amount of indirect manufacturing cost incurred is closest to $22,800

8 0
3 years ago
How does a Fire Prevention Plan benefit your workplace? Select the 2 answer options that apply. It’s less likely that a fire wil
lbvjy [14]

Answer:

It is less likely that  injuries will occur during an emergency  

Its less likely that damage will occur during an emergency  

are the correct options.

Explanation:

A fire prevention program eliminates or reduces the occurrence of fires by training people in fire safety.

The fire prevention plan should include: The list of all <em>major fire hazards, proper storage procedures  and handling procedures for hazardous materials, the various types of fire protection equipment required to control major hazard, potential ignition sources and their control</em><em><u>. </u></em>

A fire needs fuel, heat and oxygen, without oxygen, fuel and heat a fire cannot start. So the strategy to prevent fire should try to remove one of more of these elements.

5 0
3 years ago
Read 2 more answers
What trait are narcissists likely to have that is associated with leader emergence but not effectiveness?
Evgen [1.6K]

Answer:

c. high creativity

Explanation:

Narcissistic personality disorder is characterized by the behavior of an individual who has a great need to feel admired, this individual has a mental disorder that leads him to have an exacerbated perception of himself and his characteristics, having a vanity and a sense of very strong self-importance.

The characteristic that narcissists probably have and is associated with the emergence of the leader, but not effectiveness, may be high creativity, as such individuals can be creative in the sense of self-valuing themselves and their personal achievements, leading to even making up stories to feel valued, while the creativity present in a leader is focused on a vision of the business and management of a company and people, so it is correct to say that a leader's creativity aims to make business more efficient and improve working conditions of its employees.

7 0
3 years ago
William, who is a waiter, is injured when an unopened bottle of cola explodes in his hand while he is putting it into the restau
Anna11 [10]

Answer:

The answer is "Whenever a court requires him to use the res ipsa loquitur doctrine, he possibly would succeed".

Explanation:

Res ipsa loquitur is also an English common law doctrine which claims in an action for tort, throughout the absence of direct proof on whether any defendant acted, a jury may conclude neglect of the nature of an illness or incident. It is used in circumstances in which the complainant is not presented sufficient proof that the offender is not liable.

4 0
2 years ago
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