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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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On February 14, Garcia Associates Co. paid $2,300 to repair the transmission on one of its delivery vans. In addition, Garcia pa
Ksju [112]

Answer with its Explanation:

On February 14, the repairment of transmission is the repair and maintenance cost and hence it must be accounted for as an expense.

The Double entry would be:

Dr Repairs and Maintenance Expense       $2,300

Cr                                           Cash                       $2,300

On the same date, the installation of GPS system is an addition of an asset in the delivery truck hence it must be capitalized.

The Double entry would be:

Dr Delivery Van  $450

Cr                    Cash       $450

4 0
2 years ago
The following information was taken from the segmented income statement of Restin, Inc., and the company's three divisions:_____
mars1129 [50]

Answer:

The profit margin controllable by the Central Valley segment manager is:  $ 95,000.

Explanation:

Only items directly controllable by the Manager should be included in the divisional financial performance measure.

<u>Central Valley Division</u>

Revenues                                         $ 405,000

Less Variable Costs :

Variable operating expenses        ($ 230,000)

Controllable Contribution                $ 175,000

Less Controllable fixed expenses   ($80,000)

Controllable Profit                             $ 95,000

3 0
3 years ago
Racicky was in the process of buying 320 acres of ranchland. While that sale was being negotiated, Racicky signed a contract to
deff fn [24]

Answer:

The correct answer here is Restitution.

Explanation:

The remedy which is available here to Simon is restitution ( termed as Restitutionary damages), according to this remedy a injured party ( Simon in this case ) would be compensated for the losses or damage that he has suffered because of the actions of the defendant ( Racicky in this case ). So here Racicky has to submit any gain that he has received by causing damage to the Simon.

Here expectation can't be the answer because Racicky is now bankrupt and specific performance can't be the answer because Racicky is not the owner of the land , he hasn't bought it because he has gone bankrupt.

5 0
3 years ago
Under which market structure does the action of one firm have a spillover effect on the decisions of other firms?
irina [24]

I believe the answer is: Monopoly

In monopoly, the power to determine the price of a certain type of product fall to the hands of a single company. Which means, every single actions that made by this company would force other firms to conform since they do not possess enough resources to challenge this controlling company.

5 0
3 years ago
Which of the following is true regarding positive organizational scholarship? a. It involves monitoring negative practices in or
Harrizon [31]

Answer:

Letter D is correct. It studies how organizations develop human strengths, foster vitality, and unlock potential

Explanation:

Positive Organizational Scholarship is a way for an organization to motivate and stimulate the capabilities of its employees. It is a way of identifying the strengths and weaknesses of each employee and encouraging them to improve their skills and developing new skills that will help them to succeed. joint result of the company.

5 0
3 years ago
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