Answer:
2.97%
Explanation:
cost of shares = (NAV0 × shares) ÷ (1 - FL)
= ($39 × 1,000) ÷ (1 - 0.034)
= 40,372.67
NAV1 = NAVo (1 + investment return - expense ratio)
= $39 × (1 + 0.08 - 0.014)
= 41.574
value of shares = NAV1 × Shares
= 41.574 × 1,000
= 41,574
Return = (value of shares ÷ cost of shares) - 1
= (41,574 ÷ 40,372.67) - 1
= 2.97%
False i believe. not sure
Answer: a. benefit from; be adversely affected by
Explanation:
Because foreign transactions have to be executed in foreign currency, having a stronger dollar would benefit a US based company such as Springfield Co. as they will be able to get MORE foreign currency per dollar to be able to engage in transactions.
Conversely, having a weaker dollar could affect a US based company adversely as they will only get LESS of the currency in question and thus have to pay more per dollar in the transaction.
Answer:
The amount of cash received is $2,910
Explanation:
Terms of 3/10, n/30 means there is a discount of 3% is available on payment of due amount within discount period of 10 days after sale with net credit period of 30 days.
As per given data
Sale = $4,600
Sales return = $1,600
Receivable = $4,600 - $1,600 = $3,000
As the payment is made within discount period, so discount will be availed on the amount due
Discount = $3,000 x 3% = $90
Payment by Customer = $3,000 - $90 = $2,910
Answer:
activities through which a product or service is created and delivered to customers.
Explanation:
In simple words, A value chain can be understood as the business model that outlines the whole process of creating a product or service. The processes involved in taking a commodity from conception to dissemination, as well as everything in among as sourcing raw materials, production operations and marketing activities—make up a value chain for firms that create things.
