Answer:
The futures price of the C$ should be 0.82/C$.
Explanation:
Let:
rUS = Risk-free rates in the United States = 5%
rC = Risk-free rates in Canada = 3%
S = Spot exchange rate = $0.80/C$
Since the rUS is greater than rC, we have:
Future price of C$ = S + ((rUS -rC) * S) = 0.80 + ((5% - 3%) * 0.80) = 0.80 + (2% * 0.80) = 0.80 + 0.016 = 0.816, or 0.82
Therefore, the futures price of the C$ should be 0.82/C$.
Answer:
The Answer Is A Because You Spent Less Money But Dont Get Any Back.
One benefit of on-site day care services for employees is that <u>Employees can visit their children during the day</u>
<h3>What is On-Site Day Care Services for Employees ?</h3>
On-site daycare services for employees means there are specialized daycare facilities for the children of employees near to the place where they work or within it during day hours, this type of services have multiple advantages for employees that include not worrying about looking for other daycare services and spending more time with children.
Indeed in most cases, employees are allowed to spend lunchtime and other breaks with children, also, once day work is over they can immediately see their kids.
Thus, one benefit of on-site daycare services for employees is that "Employees can visit their children during the day".
Therefore, we can conclude that the correct option is D.
Learn more about Employee on:
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Answer:
Complete the following statements: <u>THEORETICAL CAPACITY</u> would result in the largest production volume variance; <u>NONE OF THE CAPACITY CHOICES</u> would result in a favorable production volume variance.
a. theoretical capacity; none of the capacity choices
Explanation:
production volume variance = (actual unit quantity manufactured - budgeted unit quantity manufactured) x budgeted cost per unit
(actual production - theoretical capacity) x budgeted cost per unit = (250,000 - 275,000) x budgeted cost = 25,000 x budgeted cost
None of the capacity choices would result in a favorable variance because actual production was lower than all of them.
actual production 250,000 < theoretical 275,000
actual production 250,000 < practical 265,000
actual production 250,000 < normal 260,000
Answer:
Revenue = 240000×49= 11,760,000
Variable manufacturing expense = 240000×20 = 4,800,000
Sales commission expense = 240000×8 =1,920,000
Fixed manufacturing overhead = $2,400,000
Fixed operating expenses = 245,000
Sales promotion = 140000
Profit = 2,255,000
