Answer:
Profit of $3000
Explanation:
The exchange rate of a future contract is usually fixed at the time when the contract is buy 100,000 euros at a futures contract price of $1.22.
The Value in dollars at the time is: $122,000
At the maturity spot rate of the euro is $1.25.
The value of the contract is: $125,000
The difference:
$125,000-122,000
=$3000.
Since the maturity spot rate is higher, there is a profit of $3000 from speculating with the futures contract.
The rate of interest the Federal Reserve charges banks for short-term loans is called the
discount rate.
Answer:
C. It comprises the characteristics of jobs that the organization values and chooses to pay.
Explanation:
A company's job structure aims to map company needs and hire people at different educational and hierarchical levels who will receive jobs according to the company's needs. The payment structure, in turn, will be adjusted according to the positions. The positions will be remunerated in a decreasing manner, according to their relative participation in the company's strategic planning. In this way, more important positions will have a higher remuneration and subordinate positions will have a lower remuneration.
Answer:
56,000 units
Explanation:
The computation of Units to be Purchased in September is shown below:-
= (Sales) + (Ending Inventory for September) - (Opening Inventory for September)
= 34,000 + (25% × 54,000) - (25% × 34,000)
= 34,000 + 13,500 + 8,500
= 56,000 units
Therefore for computing the Units to be Purchased in September we simply applied the above formula.
