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3 years ago

An example of transaction exposure is when:__________.

Business

1 answer:

makkiz [27]3 years ago

8 0

Answer: companies have obligations for the purchase of goods at previously agreed prices.

Explanation:

Transaction exposure is the uncertainty

that is typically faced by businesses that are involved in international trade. It is the risk that there will be a fluctuation in the currency exchange rates after a firm might have already taken part in a financial obligation.

Therefore, an example of transaction exposure from the question will be when companies have obligations for the purchase of goods at previously agreed prices.

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8. Allen took out a three-year, 8%, $100,000 loan on March 31, 2021. Interest is due upon maturity of the loan. How much interes

Oksi-84 [34.3K]

Answer:

Debit Interest Expense and credit Interest Payable for $6,000.

Explanation:

$100,000 × 8% × 9/12 = $6,000.

3 0

2 years ago

Gracious Ltd." is a US based company. The company plans to tap the Indian capital market through its forthcoming issue of equity

Mariana [72]

Answer:

1. Global depository receipts

2. External commercial borrowing

3. American depository receipts

4. Foreign currency convertible bonds

Explanation:

1. Global depository receipts. When a company buys shares of a foreign company, a certificate will be issued by the local depository bank, which allows for security supported by the shares purchased.

Here, Gracious ltd could raise funds by buying of shares in a company in India hence gives the company an avenue to hold shares in foreign country.

2. External commercial borrowing. These are loans granted to viable companies outside of India who are venturing into commercial businesses. Before theses loans are given, there is what is called eligibility status; which must be reviewed and thus confirm with the reserved bank of India before such loans are given.

3. American depository receipts. These are negotiable capital market instruments, issued by a bank in the United States, which shows the number of shares held by a foreign company, trading in the US capital market. A company could use this as a way of raising funds in the India capital market because it is well backed by the bank in the country where the company is.

4. Foreign currency convertible bonds. Here, a bond is issued in a different currency distinct from the issuer's local currency. What this means is that the money being sought for by the issuing company comes in a foreign currency denomination.

3 0

3 years ago

A manufacturer of cedar shingles has supplied the following data: Bundles of cedar shakes produced and sold 257,000 Sales revenu

cricket20 [7]

Answer:

The correct answer is D: 41%

Explanation:

Giving the following information:

Bundles of cedar shakes produced and sold 257,000

Sales revenue $ 2,081,700

Variable manufacturing expense $ 974,700

Fixed manufacturing expense $ 503,000

Variable selling and administrative expense $ 259,700

Fixed selling and administrative expense $ 289,000

Contribution margin ratio= (selling price - unitary variable cost) / selling

price

Selling price= sales / units sold= 2081700/257000= $8.1

Total variable cost= Variable manufacturing expense + Variable selling and administrative expense= 974,700 + 259,700= $1,234,400

Unitary variable cost= 1,234,400/257000= 4.80

Contribution margin ratio= (8.1 - 4.80)/8.1= 0.407= 40.7%=41%

5 0

3 years ago

Compute and Compare ROE, ROA, and RNOA

FinnZ [79.3K]

Answer:

ROE - 20.8%

ROA - 9.88%

RNOA - 20.33%

Explanation:

ROE = Net income / Average shareholder equity

Average shareholder equity = 48,633 + 46,878 / 2 = 47,770.50

ROE = 9,938 / 47,770.50

ROE = 20.8%

ROA = Net Income / Average Total Assets

Average total assets = 110,903 + 90,266 / 2 = 100,584.50

ROA = 9,938 / 100,584.50

ROA = 9.88%

RNOA = NOPAT / Average net Operating Assets

Average net Operating Assets = 56,535 + 51,447 / 2 = 53,991

NOPAT = Net Operating income before tax - Tax expense

NOPAT = 13,871 - 2,896 = 10,975

RNOA = 10,975 / 53,991

RNOA = 20.33%

6 0

3 years ago

Jenny gets a sticker every time she brings her homework; this type of reinforcement schedule is known as ________ reinforcement.

Juliette [100K]

Answer:

The answers are:

continuous reinforcement
partial reinforcement

Explanation:

Continuous reinforcement regularly affects behavior. In this type of reinforcement schedule, every desired or correct response is reinforced or rewarded every single time.

Partial reinforcement occurs only at certain intervals of time (e.g. weekly).

3 0

3 years ago