Answer: 11.32%
Explanation:
Given the above variables, the total compound return can be calculated by;
= (1 + r)(1 + r₂)(1 + r₃)...(1 + rn) - 1
= (1 + 10%)( 1 + 15%) (1 - 12%) - 1
= 11.32%
Answer:
Option (c) is correct.
Explanation:
Given that,
Labor costs = $175,000
Production order = $150,000
General factory use = $25,000
Factory overhead applied to production = $23,000
Therefore, the journal entry is as follows:
Work in process A/c Dr. $23,000
To Factory overhead $23,000
(To record the factory overhead applied to production)
Answer: Transaction exposure
Explanation:
Transaction exposure, is a form of foreign exchange risk that is faced by the organizations that take part in international trade. It occurs when the fluctuation in exchange rate change a contracts value before it is settled.
It is concerned with the effect of exchange rate changes on individual transactions, most of which are short-term affairs that will be executed within a few weeks or months.
Mid 19th centuries. Although China claimed it was played centuries before.