Answer:
A. Lost $100
Explanation:
Short position refers to a trading technique which involves selling the currency for it to buy later and make a profit.
To calculate the loss if you don't have a forward contract:
Your loss will be
= €1,000 x ($1.50/€ - $1.60/€)
= $100
Answer: <em><u>Adhocracy best describes You're Kidding Me's organizational culture.</u></em>
<u><em>Adhocracy: It is a flexible fictile, and casual organizational structure without official policies or routine.</em></u>
i.e. The company's primary vision is innovation and quick adaptation to the changing environment of the gaming industry, particularly for children. The CEO of the company values creativity and frequently urges her employees to think outside-the-box in order come up with the next big idea.
Answer:
Effect on income= -$2,100
Explanation:
Giving the following information:
Contribution margin $ 98
Increase in variable cost= $5
Increase in sales= 300 units
<u>To determine the effect on income, we need to use the following formula:</u>
Effect on income= increase in contribution margin for new sales - increase in variable costs
Effect on income= 300*93 - 6,000*5
Effect on income= -$2,100
Answer:
what should be the amount of the gross levy for property taxes?
$7000000
Explanation:
Property tax is the tax liability imposed on homeowners for owning real estate.
6720000=gross Levy-(0,4x) gross Levi
6720000=(1-0,4) Gross levy
gross Levy=6720000÷0,96
Gross Levy=7000000