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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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In evaluating independent projects, no incremental analysis is necessary between projects. Each project is evaluated separately
fenix001 [56]

TRUE

<u>Explanation:</u>

The correct answer is true as the independent projects are selected based on the net present worth and the rate of return and do nothing alternative. In the independent projects, there is no need for the incremental B/C analysis. Simple B/C ratio will do it. If the B/C > 1, benefits outweigh the costs and the project is selected provided that there is no budget limitation. Thus, the given statement is absolutely the true one.

6 0
3 years ago
Creating value within business units can happen when a firm tries to find and acquire either poorly performing firms with unreal
Strike441 [17]

Answer:

Parenting.

Explanation:

The complexity of transitional business conditions creates a necessity for creating value through aggregation of various businesses in complex corporate enterprise, which provides it the character of a multi-business firm. Businesses may be defined as being regardless of the enterprise chooses to work as organizationally separate profit-responsible units. this can be primary done to create a fit between ways the business creation is been done.

6 0
2 years ago
Suppose the market wage for cashiers increases from $7 per hour to $9 per hour.As a result, Pat, who is a cashier, now works fiv
Anton [14]

Answer:

Income

Explanation:

Suppose the market wage for cashiers increases from $7 per hour to $9 per hour. As a result, Pat, who is a cashier, now works five more hours per week. On the other hand Chris, who is also a cashier, now works five fewer hours per week.Chris's behavior illustrates the <u>Income</u> effect of a wage increase.

As the income increases, few individual prefer to work fewer hours as now they are able to maintain target by working fewer than at previous wage rate. These people prefer leisure over higher income and want to settle down with limited income. These people  may have a backward bending individual labour supply curve – they may choose to work fewer hours when the wage rate rises.

8 0
3 years ago
Green Gardens sells gardening and landscaping goods and equipment. The marketing department places an unmanned machine in the st
Dennis_Churaev [7]

Answer:

A) kiosk marketing

Explanation:

kiosk marketing -

The marketing strategy , which a kiosk is used , is known as kiosk marketing .

A kiosk , is a temporary booth operated by one or two people, which is used to attract people, specifically placed in a crowded place, for marketing purpose .

Kiosks are placed in places like , malls , busy street  etc .

Hence , the company , Green gardens set up kiosks in order to attract people and increase their customers and thereby increasing their profit .

6 0
3 years ago
Which of the following represents a market failure?
Marat540 [252]

Answer:

a. Shopping for used cars when the seller has private information about the car unavailable to the buyer

Explanation:

When the market is not able to produce an efficient quantity, then it is said that market is failed. This might happens due to many reasons and asymmetric information is one of them. When there is an asymmetric information, then the sellers of the used car have information about it, but the buyer do not have the full information about the used car.

Hence this leads to inefficient outcome and therefore market fails.

Hence it can be said that a market failure example is Shopping for used cars when the seller has private information about the car unavailable to the buyer.

Hence option first is the correct answer.

7 0
3 years ago
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