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igomit [66]
3 years ago
5

Gerrick has an international business but is having difficulty with currency exchanges and fluctuations in the currency exchange

rates. At times the problems are so severe he has considered closing down his international operations and doing business exclusively in the United States. Where can he go for assistance with currency exchange problems?
Business
1 answer:
wel3 years ago
6 0

Answer:

His bank, if it is a large international bank.

Explanation:

Herrick needs to go to his bank that has international operations to get more stable rates for his international business.

International banks have corresponding banks they operate with for international transactions. A major advantage of this is that eachange rates between banks and their corresponding banks are more stable and not prone to huge fluctuations.

This will be the best option for Herrick.

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Complete the following:
Gekata [30.6K]
I believe its owners , but hopefully i helped
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3 years ago
Ethan started a website. After a few months, a publishing company filed a lawsuit against his company for copyright infringement
Marianna [84]

Answer:

The correct answer is letter "B": A proprietorship.

Explanation:

Sole proprietorships are businesses with a single owner who is responsible for all the operations. The advantage of this type of business is that they are not strictly regulated by the government and are easy to form but the owner has full liability which implies if the business falls into debt, the personal assets of the owner can be considered to repay that debt.

4 0
3 years ago
Gabriele Enterprises has bonds on the market making annual payments, with eight years to maturity, a par value of $1,000, and se
Anna007 [38]

Answer:

Coupon rate = 0.04292 or 4.292%

Explanation:

To calculate the coupon rate of the bond, we will, use the formula for the price of the bond. As the bond is an annual bond, the coupon payment, number of periods and semi annual YTM will be,

Coupon Payment (C) = x

Total periods (n)= 8

r or YTM = 0.051 or 5.1%

The formula to calculate the price of the bonds today is attached.

948 = x * [( 1 - (1+0.051)^-8) / 0.051]  +  1000 / (1+0.051)^8

948 = x * 6.437166243  +  671.7045216

948 - 671.7045216  =  x * 6.437166243

276.2954784 / 6.437166243  =  x

x = $42.92191128 rounded off to $42.92

Thus, the coupon payment on bond is $42.92

As the coupon payment is calculated by multiplying the coupon rate with the face value of the bond, then the coupon rate will be:

Coupon payment = face value * coupon rate

42.92 = 1000 * Coupon rate

Coupon rate = 42.92 / 1000

Coupon rate = 0.04292 or 4.292%

6 0
3 years ago
_____ is a strategy for reducing risk by buying a variety of items so that the failure of one stock or one business does not doo
Allisa [31]

Answer: Diversification

Explanation: Diversification strategy involves widening the scope of the organization across different products and market sector. Furthermore, it is used to expand firms operations and productivity by adding markets, products, services, or stages of production to the existing business and the main aim of diversification is to minimize the risk by investing in range of products. It helps in reducing the market volatility.

8 0
3 years ago
Look Manufacturing Corporation has a traditional costing system in which it applies manufacturing overhead to its products using
Ulleksa [173]

Answer:

The answer is "96.11 per unit".

Explanation:

Formula:

\text{ The total manufacturing overhead applied in N06D} = (\frac{\text{Estimated overhead cost}}{\text{Total Activity}}) \times \text{Activity Consumed}

= (862,400 \times \frac{9,640}{24,640} + 476,307 \times \frac{1,670}{2,691} + 415,864 \times \frac{641}{908})\\\\= (862,400 \times 0.391233766 + 476,307 \times 0.620587142 + 415,864 \times 0.705947137)\\\\= (337,400+ 295,590 + 293,578)\\\\=926,568

Calculating the unit cost:

= \frac{926,568}{9640} \\\\=96.1170124\\\\=96.11

6 0
3 years ago
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