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Kruka [31]
3 years ago
5

"The one-year forward rate of the British pound is $1.55, while the current spot rate is $1.60. Based on the forward rate, what

is the expected percentage change in the British pound over the next year
Business
1 answer:
KengaRu [80]3 years ago
5 0

Answer:

-3.125%

Explanation:

The percentage change in the British pound is determined as the difference between the one-year forward rate ($1.55) and the current spot rate ($1.60), divided by the current spot rate, and then multiplied by 100%:

P = \frac{\$1.55-\$1.60}{\$1.60}*100\%\\ P=-3.125\%

Over the next year, the British pound will change by -3.125%.

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Five-year-old lilah is beginning to show signs of being able to plan ahead in a somewhat rational manner. at her age, this devel
RideAnS [48]
<span>This would be her frontal lobe. This part of the brain is responsible for higher-order thinking and rational decision-making. Neural network growth is expansive at early ages, with children being able to make decisions for themselves that show signs of being rational and thought-out.</span>
4 0
4 years ago
A company can expect to receive which benefits when it uses a budgeting​ process?
yaroslaw [1]

Available Options:

a) The budget helps motivate employees to achieve sales growth and cost-reduction goals.

b) The budget provides managers with a benchmark against which to compare actual results for performance evaluation.

c) The planning required to develop the budget helps managers foresee and avoid potential problems before they occur.

d) All of the above.

Answer:

Option D. All of the above.

Explanation:

The reason is that when budgets are set every personnel in the organization is given a task along with the restriction on the use of excessive resources of the company by generating a standard number of output, which is benefitial to the company and the managers as well.

Furthermore, standard costs are used in budgeting to estimate the costs of the operations of the company which means that the standard cost would be used for actual units to compare the actual results to make meaningful conclusions.

At the end, the main benefit of the budgeting is that it highlights the potential issues in the operating systems of the organization which must be corrected to avoid the same advers outcome in the future.

So all of the statements are correct.

5 0
3 years ago
Farr, an unmarried taxpayer, had $70,000 of adjusted gross income and the following deductions for regular income tax purposes:_
Karolina [17]

Answer:

C. $11,000

Explanation:

For computational purposes, both the Mortgage interest as well as the miscellaneous itemized deducted qualify as deductions based on the Schedule A which is the regular tax purposes.

However, only Mortgage interest will be allowable itemized deduction because miscellaneous itemized deductions fall under the category of adjustments and as such do not qualify for deductions under the AMT which is the Alternative Minimum Taxable Income.

Based on the explanation, only $11,000 of mortgage interest qualifies.

5 0
4 years ago
Which professional has helped Jennifer in this example?
Yuki888 [10]

Answer:

would it be sales representative since they were only able to replace the device and apologize

7 0
3 years ago
TB MC Qu. 06-49 Radakovich Corporation has provided the... Radakovich Corporation has provided the following data from its activ
Crank

Answer:

$8,460

Explanation:

The computation of product margin for product F60N is shown below:-

Total overhead cost = ($1,372,578 × 1,200 ÷ 61,800) + ($63,235 × 78 ÷ 2,010) + ($151,316 × 34 ÷ 2,090)

= $26,652 + $2,454 + $2,462

= $31,568

Per unit overhead cost = $31,568 ÷ 600

= $52.61

Per unit cost = Direct material + Direct labor + Overhead cost

= $49.55 + $12.44 + $52.61

= $114.60

Finally

product margin for product F60N is = (Selling price - Per unit Cost) × Number of units sold

= ($128.70 - $114.60) × 600

= $14.1 × 600

= $8,460

5 0
4 years ago
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