Answer:
The answer to the three fill in the banks as per order given in question are- store of value , unit of account , medium of exchange.
Explanation:
When $500 are kept in piggy bank to buy laptop, it illustrates the store of value function of money. This is a function where money is kept or stored to purchase some item in the future, given money doesn't lose its purchasing power .
The $500 price of laptop shows the unit of account function of money , where money is the standard numerical of measurement for the goods and services or any other transaction in the market.
The $500 which was used to buy the laptop shows the medium of exchange function of money , where money is used as intermediary for exchange of goods and services.
Answer:
$18.29
Explanation:
Material Conversion
Units transferred to
the next department 7.400 7.400
Ending WIP
Materials 50% 1.900 950
Conversion Cost 35% 1.900 665
Equivalents Units Production 8.350 8.065
Cost of beginning work in process inventory $ 10.600 $ 12.800
Costs added during the period $ 142.100 $ 359.500
TOTAL COST $ 152.700 $ 372.300
Equivalents Units Production 8.350 8.065
Cost per equivalent unit $18,29 $46,16
Answer:
The correct answer is C) purchase Canadian dollar put options.
Explanation:
A sale option (or put option) gives its holder the right - but not the obligation - to sell an asset at a predetermined price until a specific date. The seller of the option to sell has the obligation to buy the underlying asset if the holder of the option (buyer of the right to sell) decides to exercise his right.
The purchase of put options is used as hedging, when price falls are anticipated in shares that are held, since by means of the purchase of Put the price is established from which money is earned. If the stock falls below that price, the investor earns money. If the share price falls, the profits obtained with the sale option compensate in whole or in part for the loss experienced by said fall.
Losses are limited to the premium (price paid for the purchase of the sale option). Earnings increase as the share price falls in the market.
Answer: 29.93%
Explanation:
You can use Excel to solve for this.
Bear in mind that when given a series of cashflows, the expected return is the Internal Rate of Return (IRR).
Initial investment = $32
First cashflow = $1.25
Second cashflow = $1.31
Third cashflow = $1.38 + $65 selling price = $66.38
IRR = 29.93%