1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
WITCHER [35]
3 years ago
10

Cnooc, a Chinese public-sector company, has made a bid to purchase Canada’s Nexen, a big oil company, for C$ 15.1 billion in Jun

e 2012. Treat this as an initial investment made by Cnooc in this two-year, Canadian project. If it has purchased Nexen in September 2012, how many Yuan does Cnooc save on its initial investment because of the change in the CNY to CAD exchange rate from 6.3698 Yuan/C$ in June 2012 to 6.3465 Yuan/C$ in September, 2012?
Business
1 answer:
Phoenix [80]3 years ago
3 0

Answer:

351,830,000 Yuan

Explanation:

Investment value = C$ 15.1 billion

Value in Yuan in June 2012 =   C$ 15.1 billion x  6.3698 Yuan/C$

Value in Yuan in September 2012 =   C$ 15.1 billion x  6.3465 Yuan/C$

The difference in Yuan if Cnooc has purchased Nexen in September instead of June is:

D= 15,100,000,000*(6.3698 - 6.3465)\\D= 351,830,000 \ Yuan

Cnocc saves 351,830,000 Yuan

You might be interested in
During a meeting, senior executives of a consumer products company tackled the problem that they were late in detecting several
yarga [219]

Answer: <u><em>The executive is defining the problem in terms of a solution. </em></u>

<em>The decision makers lean towards defining questions as veiled matter. They pursue solution-focused problem identification since it renders satisfying approach to the otherwise ambiguous and doubtful nature of question, but it neglects to fully analyze the implicit causes that should be addressed. </em>

<u><em>Therefore, the correct option is (e)</em></u>

3 0
3 years ago
When estimating the incremental after-tax free cash flows for a project, we include which one of the following costs?A. Investme
I am Lyosha [343]

Answer: Opportunity cost

Explanation:

Opportunity cost is the cost of what one forgoes when one makes another decision or another choice. When estimating the incremental after-tax free cash flows for a project, the opportunity cost is included.

A sunk cost is a type of cost that an economic agent such as the individual, the firm or the government has already spent and therefore cannot be recovered again. This isn't included.

8 0
4 years ago
You have an opportunity to lead an interdisciplinary team in a new area that is beyond your competence. You may?
STALIN [3.7K]

A cross-functional team, sometimes referred to as an interdisciplinary or multidisciplinary team, is made up of individuals with various functional specialties who are working together to achieve a common objective.

<h3>What should we develop for the interdisciplinary teams to work effectively?</h3>

An interdisciplinary approach entails team members from several disciplines cooperating toward a shared goal in order to create objectives, make choices, and distribute resources and responsibilities.

A cross-functional team, sometimes referred to as an interdisciplinary or multidisciplinary team, is made up of individuals with various functional specialties who are working together to achieve a common objective. Personnel from the departments of finance, marketing, operations, and human resources might be present.

A client, the client's family or caregiver, medical and mental health professionals, nurses, social workers, rehabilitation therapists (occupational therapists, physical therapists, speech therapists, and recreational therapists), rehabilitation engineers, and a funding source make up the majority of this team.

Multidisciplinary teams feature team members working separately to develop strategies unique to their discipline, whereas interdisciplinary teams are made up of several disciplines working cooperatively toward a shared goal.

To learn more about interdisciplinary approach refer to:

brainly.com/question/17310319

#SPJ4

6 0
1 year ago
Bears Inc. sells football helmets to local schools and warrants all of its products for one year. While no helmets sold in 2018
Serggg [28]

A. A decrease in assets and decrease in Stockholders' equity.

B. No journal entry in necessary until products under warranty are returned.

C. An increase in stockholders' equity and a decrease in liabilities.

D. A decrease in stockholders' equity and an increase in liabilities.

Answer: D. A decrease in stockholders' equity and an increase in liabilities.

Explanation: Liability can simply be described as debt or what is owed by a firm, whereas the equity of the stockholders refers to assets or possession of a firm once liabilities have been deducted. In the scenario above, the expected returns have not been made as envisaged based on data from previous years, the 3% expected return which is covered by warranty will be added to liability which means liability increases as the buyers are either refunded or issued new helmets. Once liability increases, stockholders equity will also decrease as it involves the deduction of liabilities.

3 0
4 years ago
Pls helppp...
Aloiza [94]

Answer:

32 700

Explanation:

that is the answer 32 700

8 0
2 years ago
Other questions:
  • Another word used to describe market economies is
    7·1 answer
  • Kay owns two annuities that will each pay $500 a month for the next 12 years. One payment is received at the beginning of each m
    10·1 answer
  • Coronado Co. had a sheet metal cutter that cost $115,000 on January 5, 2016. This old cutter had an estimated life of ten years
    9·1 answer
  • The availability of the product processed, prepared, in proper condition, and/or ready to use is referred to as:
    11·1 answer
  • Net sales for the year were $1,100,000 and cost of goods sold was $781,000 for the company�s existing products. A new product is
    7·1 answer
  • Aaron and Donald sign a written contract in which Aaron agrees to supply raw materials to Donald’s company in return for set fee
    14·1 answer
  • present value of bonds payable; premium moss co. issued $740,000 of four-year, 12% bonds, with interest payable semiannually, at
    10·1 answer
  • 20. WACC and NPV [LO3, 5] Sommer, Inc., is considering a project that will result
    8·1 answer
  • Jose wants to cash in his winning lottery ticket. He can either receive seven, $2,000 annual payments starting today, or he can
    14·1 answer
  • If you could create one product that makes your daily life easier, what would that product be? How would that product work? Wher
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!