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dezoksy [38]
3 years ago
14

On June 1, CamCo received a signed agreement to sell inventory for ¥500,000. The sale would take place in 90 days. CamCo immedia

tely signed a 90-day forward contract to sell the yen as soon as they are received. The spot rate on June 1 was ¥1 =$.004167, and the 90-day forward rate was ¥1 = $.00427. At what amount would CamCo record the Forward Contract on June 1?
Business
1 answer:
Reil [10]3 years ago
6 0

Answer:

0

Explanation:

The spot rate shows the current value of the foreign currency (yen) and the forward rate shows the expected future price of the foreign currency (yen). Forward contracts are not recorded at the date of the sale, the contract should be recorded in 90 days at $2,135 (= $.00427 x ¥500,000).

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To achieve gains from trade, each nation should specialize in the production of a good or service if:
irinina [24]

Answer:

A

Explanation:

A country gains from trade if it specialises in the production of the good for which it has a comparative advantage

A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries. this means that the country can produce the good by forgoing fewer alternative products

For example, country A produces 10kg of beans and 5kg of rice. Country B produces 5kg of beans and 10kg of rice.  

for country A,  

opportunity cost of producing beans = 5/10 = 0.5

opportunity cost of producing rice = 10/5 = 2

for country B,  

opportunity cost of producing rice = 5/10 = 0.5

opportunity cost of producing beans = 10/5 = 2

Country A has a comparative advantage in the production of beans and country B has a comparative advantage in the production of rice

3 0
2 years ago
If overnight delivery makes you think of FedEx, what marketing strategy caused that association in your mind?
Lubov Fominskaja [6]
I Think it’s direct Mail I hope it helps
8 0
3 years ago
Read 2 more answers
Managers rarely have to manage multicultural teams within one organization in one location.
aleksklad [387]
<span>In today's world, even single-location facilities often draw a workforce composed of individuals from a plethora of different geographical, ethnic, social, and religious groups. As such, even a locally-oriented manager must be globally-minded, with an ability to manage across cultures to maximize the potential of his employees. As such, the answer here is certainly b. False.</span>
4 0
3 years ago
Read the following sentences. Underline the subjects, and circle the prepositional phrases. The gym is open until nine o’clock t
pentagon [3]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

7 0
2 years ago
How much water needs to be mixed with three liters of
irinina [24]

Answer:

The volume of water needed=0.86 liters

Explanation:

Step 1: Form an equation

The equation can be expressed as follows;

(Ac×Va)+(Wc+Vw)=Fc(Va+Vw)

where;

Ac=initial concentration of antifreeze

Va=volume of antifreeze in liters

Wc=concentration of water

Vw=volume of the water in liters

Fc=final concentration of the antifreeze

This expression can be written as;

(concentration of antifreeze×volume of antifreeze in liters)+(concentration of water×volume of the water)=final concentration of the antifreeze(volume of antifreeze in liters+volume of the water in liters)

In our case;

Ac=45%=45/100=0.45

Va=3 liters

Wc=0

Vw=unknown

Fc=35%=35/100=0.35

Replacing;

(0.45×3)+(0×Vw)=0.35(3+Vw)

1.35=1.05+0.35 Vw

0.35 Vw=1.35-1.05

0.35 Vw=0.30

Vw=0.3/0.35=0.86

Vw=0.86 liters

The volume of water needed=0.86 liters

5 0
3 years ago
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