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.
Answer:
<em>earn</em><em> </em><em>.</em><em> </em>
<em> </em><em> </em><em> </em><em> </em><em> </em>
<em>He</em><em> </em><em>is</em><em> </em><em>not</em><em> </em><em>a</em><em> </em><em>skilled </em><em>worker</em><em>.</em><em> </em><em>He</em><em> </em><em>doesn't </em><em>earn</em><em> </em><em>much</em><em>.</em>
Answer:
okay lol
Explanation:
answer my newest question and i'll give it to you <3
Answer:
1. $51,000
2.$11,000 Gain
Explanation:
(1) Calculation to determine At what amount will Calaveras value the pickup trucks
Using this formula
Trucks value =Fair value + Cash paid
Let plug in the formula
Trucks value=$45,000+$6,000
Trucks value=$51,000
Therefore Calaveras value the pickup trucks at $51,000
(2) Calculation to determine How much gain or loss will the company recognize on the exchange
Using this formula
Gain or loss on exchange =Fair value - Book value
Let plug in the formula
Gain or loss on exchange=$45,000-$34,000
Gain or loss on exchange=$11,000 Gain
Therefore the company will $11,000 GAIN recognize on the exchange
Answer:
The present Value of my winnings = $4,578,716.35
Explanation:
An annuity is a series od annual cash outflows or inflows which payable or receivable for a certain number of periods. If the annual cash flow is expected to increase by a certain percentage yearly, it is called a growing annuity.
To work out the the present value of a growing annuity,
we the formula:
PV = A/(r-g) × (1- (1+g/1+r)^n)
I will break out the formula into two parts to make the workings very clear to follow. So applying this formula, we can work out the present value of the growing annuity (winnings) as follows.
A/(r-g)
= 460,000/(12%-3%)
= $5,111,111.11
(1- (1+g/1+r)^n
1 - (1+3%)/(1+12%)^(27)
=0.8958
PV = A/(r-g) × (1- (1+g/1+r)^n)
$5,111,111.11 × $0.8958
= $4,578,716.35
The present Value of my winnings = $4,578,716.35
