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2 years ago

A survey of 1000 executives ranked _____________ at the top, as the ideal manager's skill.

1 answer:

8 0

<span>Listening was ranked as the number one skill executives would want in their ideal managers. They want managers who will listen to their bosses, their subordinates, and their clients.</span>

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. Assume that the dollar-Euro exchange rate (E$/€) = 1.1, the U.S. interest rate is 4% and the Euro interest rate is 1%, and tha

emmainna [20.7K]

Answer:

1) €918

2) E$/€)= 1.13

Explanation:

1) the dollar-Euro exchange rate (E$/€) if 1.1 means that from one Euro you can buy 1.1 dollars. So if an American investor invests $1,000 today in Euros he will get 1000/1.1= 909.09 Euros. Then if he invests 909.09 euros at an interest rate of 1% he will have (909.09*1.01)=918 euros.

The formula for forward exchange rate is

FWD= Spot price *(1+Interest rate of variable currency *Days/Annual Base)/(1+interest rate of base currency *days/annual base)

In this case the spot price is 1.1, the euro is the base currency and the dollar is the variable currency. The annual base is 365 and the days are also 365 since the we to find 1 year forward rate so days/annual base is 1.

FWD= 1.1*(1.04*1)/(1.01*1)= 1.13

This means that in a one year forward one Euro will cost $1.13

3 0

2 years ago

_____ is the study of how resources are distributed for the production of goods and services within a social system

Delicious77 [7]

Business and economics is basically the study of the production,distribution of resources to provide goods and services

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3 years ago

Because risk is associated with the potential for higher profits, businesspersons are motivated to choose organizational forms t

Marianna [84]

True. <span>Because risk is associated with the potential for higher profits, businesspersons are motivated to choose organizational forms that limit their liability while allowing them to take risks that may lead to greater profits. Organization forms refers to how a company organizes different organizations within the company. A great deal of focus and planning goes into deciding how an organization should structure themselves to be the most profitable. </span>

4 0

3 years ago

For the office supplies account on the worksheet, the trial balance has a debit balance of $1,200 and a $900 debit balance on th

oee [108]

Answer: 300 Credit

Explanation:

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2 years ago

Which of the following budgetary entries would the town of Geneva make upon adoption of its Special Revenue Fund Budget for the

babunello [35]

Answer:

b) Estimated Revenues Appropriations Budgetary Fund Balance $6,400,000 $6,080,000 320,000

Explanation:

Estimated Revenues $6,400,000 Dr

Appropriations $6,080,000 Cr

Budgetary Fund Balance $320,000 Cr

This entry is made on the adoption of Special Revenue Fund Budget for the year.

The special revenue fund is used for the special purposes such public maintenance etc.

The entry made on closing

Close out the budget at year end

Appropriations $ 6080,0000 Dr

Budgetary Fund Balance $ 320,000 Dr

Estimated Revenues $ 6400,000 Cr

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3 years ago