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
N76 [4]
3 years ago
9

Emerald Energy is an oil exploration and production company that trades on the London stock market.Assume that when purchased by

an international investor the stock's price and the exchange rate were £5 and £0.64/$1.00 respectively. At selling time, one year after the purchase date, they were £6 and £0.60/$1.00. Calculate the investor's annual percentage rate of return in terms of the U.S. dollars.
a) 0.20%
b) 20.00%
c) 1.28%
d) 28.00%
Business
1 answer:
xeze [42]3 years ago
6 0

Answer:

Option D is correct

Explanation:

Price of stock = €5

Convert stock price to dollar at the begging of year using the exchange rate of €0.64/$1 = 5/0.64 = $7.81

Value of stock at the end of year = €6

Convert value to dollar using the present exchange rate of €0.6/$1 = 6/0.6 = $10

APR = (EYP -BYP)/BYP *100%

Where APR = annual percentage rate, EYP = end of year price

BYP = beginning of year price

APR = (10 - 7.81)/7.81 *100% = 28.04% (D)

You might be interested in
When you arrive for your job interview, the interviewer greets you with a warm handshake and a smile. While you speak, he smiles
denis23 [38]

Answer:

b. He is actively engaged in your interview.

Explanation:

In most cultures, smiling implies friendliness. In the United States, nodding and maintaining consistent eye contact show interest and engagement in a conversation and respect for the speaker. By combining these three nonverbal behaviors, the interviewer is expressing active, positive interest in your interview.

7 0
2 years ago
You wish to make a deposit and have these bills: 11 ones, 4 fives, 4 tens, and 4 twenties. You also have 6 nickels, 12 dimes, an
Bad White [126]

Answer:

$264.00

Explanation:

Calculation to determine What will you enter on the NET DEPOSIT line

First step is to calculate the Total deposit checks

Total deposit checks = $72.50 +$65.25

Total deposit checks= $137.75

Second step is to add up the amount she has in the account.

6 ones = $11

4 fives = $20

4 tens = $40

4 twenties = $80

6 nickels = $0.30

12 dimes = $1.20

15 quarters = $4.00

Total 156.5

Now let calculate What will you enter on the NET DEPOSIT line

NET DEPOSIT line=($137.75+156.5)

NET DEPOSIT line=$294.25

NET DEPOSIT line=$294.00

Therefore What will you enter on the NET DEPOSIT line is $294.00

5 0
2 years ago
Hoosier Manufacturing operates a production shop that is designed to have the lowest unit production cost at an output rate of 1
soldier1979 [14.2K]

Answer:

The Capacity utilization rate is 73.94 units per hour for the month.

Explanation:

Provided data,

Output rate = 160 units per hour

In the month of July,

Total production hour = 295 hours.

Total units = 34900 units.

Ideal output units in the month of July = output rate × total production hour

= 160 × 295

= 47200 units.

Capacity utilization rate of production shop is given by,

Utilization rate = (output unit in July ÷ idea output) × 100

= (34900 ÷ 47200) × 100

= 0.7394 × 100

= 73.94 units per hour

So, the Capacity utilization rate is 73.94 units per hour for the month.

7 0
3 years ago
Your grandmother invested one lump sum 17 years ago at 4.25 percent interest. Today, she gave you the proceeds of that investmen
White raven [17]

Answer:

The lump sum invested was $2,730.30.

Explanation:

Giving the following information:

Invested one lump sum 17 years ago at 4.25 percent interest. Today, the proceeds totaled $5,539.92.

We need to calculate the original amount that this person invested 17 years ago. We will use the following formula:

PV= FV/(1+i)^n

PV= 5,539.92/ (1.0425)^17

PV= $2,730.30

3 0
3 years ago
The business earns $700 of consulting revenue. How would these earnings affect the total equity of a business?a. Liabilities are
Sliva [168]

Answer:

d. Revenues increase, so total equity is increased.

Explanation:

Consulting Revenue of $700 will increase the total revenue of the business and total equity of the business as the revenue will increase the net profit which will ultimately be added to the equity balance. Increase in revenue will result in increase in equity and Increase in expenses will decrease the equity.

3 0
3 years ago
Read 2 more answers
Other questions:
  • Factor Co. can produce a unit of product for the following costs: Direct material $ 8 Direct labor 24 Overhead 40 Total product
    11·1 answer
  • RajDee Furniture Company (RFC) buys and sells office furniture. The company buys chairs from a manufacturer for $40 per unit. Or
    7·2 answers
  • The chart shows a production possibilities schedule for Sabrina’s Soccer.
    15·2 answers
  • Priya Rahavy, M.D., is a general practitioner whose offices are located in the Lake Forest Professional Building. In the past, D
    15·1 answer
  • Nysa works in an electricity distribution company’s customer service department. One day she gets a call from a customer who is
    14·2 answers
  • David has a few options regarding Sedona Stout pricing:
    9·2 answers
  • When a firm initiates a price​ decrease, it must seriously consider how competitors will react. although not all competitors are
    5·1 answer
  • _____ power derives from a position of authority inside the organization and is sometimes referred to as formal authority.
    6·1 answer
  • When did the court cases reach the Supreme Court?
    14·1 answer
  • We do not owe you anything at December 31, 2018, as the goods, represented by your invoice dated December 30, 2018, number 25050
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!