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ludmilkaskok [199]

2 years ago

7

On a backpacking trip through Europe, Troy spent 20 Swiss francs to stay one night in a youth hostel. If the foreign exchange ra

te between the U.S. dollar and the Swiss franc is 1:2.2, how much did Troy spend in U.S. dollars?

1 answer:

GREYUIT [131]2 years ago

3 0

He spent 9.09 american dollars.

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James Sebenius, in his Harvard Business Review article: Six Habits of Merely Effective Negotiators, identifies six mistakes that

PolarNik [594]

Answer:

c. Neglecting the Other Side’s Problems.

Explanation:

To be an effective negotiator one must understand what his interest is and what he can compromise and the limits to what can be given to the other party (that is no-deal options).

It is even more important to understand the other parties problem. This can be used to guage their interest and how it can be met.

Not considering the counterparty problem is a mistake the negotiating team have made. If the other partie's problem is not understood then there won't be an effective way of negotiating.

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2 years ago

The discounts lost account is used under the ___ method for inventory. multiple choice question. periodic gross perpetual net

maxonik [38]

The discount lost account is used under the net method for inventory.

<h3><u>What is discount?</u></h3>

When a security is trading for less than its intrinsic or basic value, it is said to be trading at a discount in the world of finance and investment.
When a bond's price is trading below its par value, or face value, in the fixed-income market, a discount is present.
The extent of the discount is equal to the difference between the price paid for a security and its par value.
Bonds may trade at a discount for a variety of reasons, such as rising interest rates, problems with the underlying company's credit, or riskiness when compared to comparable bonds.

The discount rate, an interest rate used to calculate the time worth of money, should not be confused with a discount.

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7 0

1 year ago

Earnings per share: Select one: a. Will always be lower than the dividend paid per share b. Will always be higher than the divid

Svetlanka [38]

Answer:

b. Will always be higher than the dividend paid per share

Explanation:

A firm pays dividend to it's stockholders based upon it's earnings.

Earnings per share (EPS) is expressed as:

= $\frac{Earnings\ available\ to\ stockholders}{No.\ of\ stocks\ outstanding}$

Dividend payout ratio on the other hand is expressed as:

= EPS (1 - b)

wherein, b = retention ratio which denotes the percentage of earnings retained by a firm i.e not distributed as dividends.

Thus, a firm's earnings per share would always be higher than the dividend paid by it per share.

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2 years ago

lozanna [386]

Answer:

OD All are signs of a serious gambling problem.

5 0

2 years ago

A company issues a ten-year bond at par with a coupon rate of 6.4% paid semi-annually. The YTM at the beginning of the third

sladkih [1.3K]

Answer:

$\mathbf{current \ price \ of \ the \ bond= \$848.78}$

Explanation:

The current price of the bond can be calculated by using the formula:

$current \ price \ of \ the \ bond= ( coupon \times \dfrac{ (1- \dfrac{1}{(1+YTM)^{no \ of \ period }})}{YTM} + \dfrac{Face \ Value }{(1+YTM ) ^{no \ of \ period}}$

$current \ price \ of \ the \ bond= ( \dfrac{0.064 \times \$1000}{2} \times \dfrac{ (1- \dfrac{1}{(1+ \dfrac{0.091}{2})^{8 \times 2}})}{\dfrac{0.091}{2}} + \dfrac{\$1000 }{(1+\dfrac{0.091}{2} ) ^{8 \times 2}})$

$current \ price \ of \ the \ bond= \$32 \times $11.19 + \$490.70$

$current \ price \ of \ the \ bond= \$358.08+ \$490.70$

$\mathbf{current \ price \ of \ the \ bond= \$848.78}$

5 0

2 years ago