Answer:
d. The skill level of workers is identical in both countries.
Explanation:
The Law of One Price is an economic theory which explains that the price of identical or similar goods in different markets must be the same after taking the currency exchange into consideration. In law of one price, there is perfect competition and It ensures that buyers have the same purchasing power across global markets.
Answer:
Actual overhead= $153,400
Explanation:
Giving the following information:
During the year the company's Finished Goods inventory account was debited for $360,000 and credited for $338,800. The ending balance in the Finished Goods inventory account was $36,600.
At the end of the year:
Manufacturing overhead was overapplied by $15,900.
If the applied manufacturing overhead was $169,300.
Because the manufacturing overhead was overapplied, we need to subtract from the applied overhead to determine the actual overhead.
Actual overhead= applied overhead - overapplied overhead
Actual overhead= 169300 - 15900= $153,400
Answer:
Jameson's current stock price, P0 is $18.62
Explanation:
Required rate of return = Risk free rate + Beta*Market risk premium.
= 4.00% + 1.15*5.00 %
= 9.75 %
Current stock price, P0
= Expected dividend per share/(Required rate of return - Growth in dividends)
= (0.75 + 5.50%*0.75)/(0.0975 - 0.055)
= $18.62
Therefore, Jameson's current stock price, P0 is $18.62
Answer: D) Daily Compounding
Explanation:To earn as much interest as possible, Anthony should open a savings account that earns compound interest and has the highest interest rate.
Daily compounding is compounded every day, hence Anthony will get the best rate of return on his interest with this.
