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Levart [38]
3 years ago
9

Assume the spot rate of the British pound is $1.73. The expected spot rate 1 year from now is assumed to be $1.66. What percenta

ge depreciation does this reflect?
Business
1 answer:
Alexandra [31]3 years ago
8 0

Answer:

The correct answer is 4.05%.

Explanation:

According to the scenario, the given data are as follows:

Spot rate = $1.73

Expected spot rate after 1 year = $1.66

So, we can calculate the depreciation percentage by using the following formula:

Expected Depreciation = (Expected spot rate after 1 year - Spot rate) / Spot rate

So, by putting the value

= ($1.66 – $1.73) / $1.73

= - $0.07 / $1.73

= - 4.05%

Hence, the depreciation percentage is 4.05%.

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Consumers have certain rights that do NOT carry corresponding responsibilities.
galina1969 [7]

Answer:

<h2>Explanation:Consumers have certain rights that do NOT carry corresponding responsibilities....(<u><em>false is the answer)</em></u></h2>
7 0
3 years ago
_____ is defined as the relationship between benefits and the sacrifice necessary to obtain those benefits.
Umnica [9.8K]

Answer:

(A). Customer value

Explanation:

<u>For a customer to obtain value or benefit from using a product, he or she must first make a sacrifice</u>, such as the amount of money spent or time taken to purchase the product.

Customer value refers to that <u>benefit the customer gets from using the product, compared to the sacrifice the customer makes to get it.</u>

3 0
3 years ago
Peachtree Company borrows $30,000 from the local bank at 7% interest. The term of the note is five years, and the annual payment
grandymaker [24]

Answer:

B

Explanation:

Here, in this question, we are asked to determine the decrease in notes payable that peachtree should record in the first year.

To determine this, we proceed as follows;

Interest payment for the first year = 30000*7% i.e 2100

Principal amount paid = Total amount paid - Interest amount

= 7317 -2100 i.e 5217

Notes payable should be reduced by 5217

4 0
3 years ago
Read 2 more answers
Suppose the federal government increases spending without also increasing taxes In a closed economy' setting this policy will (1
Leona [35]

Answer:

idk

Explanation:

7 0
3 years ago
Scenario B: Raney Pharmaceuticals Corp. has completed a SWOT analysis as part of their ongoing strategic planning process. They
pickupchik [31]

Answer:

SWOT ANALYSIS

Explanation:

A SWOT analysis looks at internal and external factors that can affect a business.

In SWOT analysis Internal factors are strengths and weaknesses. External factors are the threats and opportunities. An example of an external factor is changes in technology or a new government policy.

The Strategic planning process implored by Raney Pharmaceuticals Corp should help them:

1. respond to new trends

Since more people are becoming interested in natural alternatives to traditional chemical pharmaceuticals and the trend is expected to continue over the next decade Raney Pharmaceuticals Corp could take advantage of this opportunity by diversifying to produce natural alternative medication.

2. Discover threats (external factor)

Since New regulations have been passed limiting their ability to sell certain formulations over the counter, it would likely reduce their sales.

3. Overcome Weakness

The company has inadequate financial resources to invest in their operations and thus would need to get new investors.

Also, since they have fallen behind in research and development in the last few years adequate measures should be taken to improve their research and development.

4 0
3 years ago
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