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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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In Mordica Company, total materials costs are $35,500, and total conversion costs are $54,000. Equivalent units of production ar
MrMuchimi

Explanation:

The computation is shown below:

Material Cost per unit = Total Material Cost  ÷  Equivalent units of production

                                    =  $35,500 ÷ 10,000  units

                                    = $3.55

Conversion Cost per unit = Total conversion cost ÷  Equivalent units of production

                                          =  $54,000 ÷ 12,000  units

                                          = $4.5

Total Manufacturing cost per unit = Material cost per unit + conversion cost per unit

                                                        = 3.55 + 4.5

                                                        = $8.05

6 0
3 years ago
Riley Company paid $60,000 cash to purchase land from Smally Company. Smally originally paid $60,000 for the land. A) Was this e
Veseljchak [2.6K]

Answer:

A. Asset exchange transaction

B. Asset exchange transaction

C. Investing activity

D. Investing activity.

Explanation:

In the question, the Riley company paid cash to Smally company, and the Smally company paid the amount for the land.

So,  

A. For Riley company, it is an asset exchange transaction as the asset exchanges between Riley and Smally company.  

B.  For Smally company it is an asset exchange transaction as the asset are the exchange between Riley and Smally company.

C. Investing activity. As the Riley company deals in the purchase and the sale of the fixed assets.

D. Investing activity. As the company deals in the purchase and the sale of the fixed assets.

4 0
3 years ago
The first step in creating a budget is to identify your expenses. true or false.
sergij07 [2.7K]

The answer is True. Hope this helps


5 0
3 years ago
Read 2 more answers
Which of the following identifies a change in the technological environment that could affect the success of a business?
podryga [215]

The statement that identifies a change in the technological environment that could affect the success of a business is option B. The option B is A company develops a new battery that lasts twice as long as its predecessor.

The development of technology is currently running so rapidly, unconsciously maybe every day technology develops. In this day and age, technology is very important for humans, so that it can be said that human life today cannot be separated from technology. The rapid development of technology has made almost all human work easier because almost all human work is assisted by technology. Day by day, technology is more varied, more innovative, more able to help human work. The development of this technology brings so many positive impacts, but technology also has a negative impact.

The following is the impact of technological developments on business:

  • Speed ​​up the production and distribution process
  • The exchange and delivery of information becomes easier and faster
  • Make it easier to get information related to finance, competitors, consumer tastes, and target market
  • Make it easier to expand your business
  • Make it easy in terms of promotion
  • Make transactions easier because of digital payments

You can learn more about development of technology here brainly.com/question/13743788

#SPJ4

8 0
1 year ago
ohn joined the military during his senior year in high school with a deferred reporting date. He heard about jobs within the mil
nirvana33 [79]

Answer: a. Boot camp is the military's version of employee orientation.

Explanation:

To become an employee in a company, it is standard practice for the employer to give the employee an orientation so that they may be able to perform better at their jobs because they would know what is expected of them and how to go about achieving this.

This is the same for the military. When they send recruits to boot camps, they are doing their version of employee orientation because the recruit will learn what Uncle Sam expects from them and how they are to accomplish these tasks.

5 0
3 years ago
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