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andreev551 [17]
3 years ago
15

Mark expects the value of currency X to appreciate in the near future. Hence, he delays the collection of payments from foreign

customers until the next month. Which tactic is Mark making use of to minimize the foreign exchange exposure
Business
1 answer:
katrin2010 [14]3 years ago
5 0

Answer:

Lag startegy

Explanation:

Mark is using Lag Strategy to minimize the foreign exchange exposure.

Lag Strategy refers to a situation of adding capacity only after the company is running at full capacity or beyond caused by an increase in demand. This strategy is conservative strategy. It reduces the risk of waste but then it could bring about a loss of possible customers.

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Practice working with others even if you don't fell comfortable with this person, or necessarily like them at all.
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3 years ago
Great Britain, Denmark, and Sweden have stayed out of the euro zone because of the Multiple Choice dollar peg advocated by some
solong [7]

Answer:

implied loss of national sovereignty to the European Central Bank

Explanation:

Unlike France, that has adopted the Euro as its currency, Great Britain, Denmark and Sweden have all decided to stay out of the Euro zone. This is because accepting the Euro as their currency will mean that the European Central Bank, through the Euro, has power over their economies as a result of exchange.

Also, staying away from the Euro zone means that the European central bank doesn't have control of  their monies among other things.

Cheers

6 0
3 years ago
Attorneys who work for a company and are part of the executive or mid-level management team are specifically referred to as ____
Ann [662]

Answer:

In house counsel

Explanation:

In house counsel handle of legal matters of the firm, policy, tax and regulatory matters or may occupy managerial positions

7 0
3 years ago
If bonds were issued at a premium, then the contractual interest rate was greater was than the market interest rate. True False
7nadin3 [17]

Answer:

TRUE

Explanation:

5 0
3 years ago
A store offers two payment plans. Under the installment plan, you pay 25% down and 25% of the purchase price in each of the next
aev [14]

Answer:

a-1. The present value of Plan 1 = $93.08

a-2. The deal 2 which involves paying immediately adn taking the 10% discount is better.

Explanation:

a-1.

The interest rate of 5% is taken as the discount rate to convert future cash flows into the present value.

The First payment plan with installments has a present value of,

Present Value-Plan 1 = 25 + 25/1.05 + 25/1.05² + 25/1.05³ = $93.08

a-2.

The first plan will cost $93.08 in the present value.

The second plan will involve immediate payment and a discount of 10%vwhch makes the present value of plan 2 as $90 (100 - (100*0.1)).

Thus, the second deal or deal involving immediate payment and taking the discount is better.

6 0
3 years ago
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