Answer: 97.99
Explanation:
The one-year forward rate that an investor would be indifferent between the U.S. and Japanese investments will be:
= Spot rate × (1 + Japanese rate / 1 + U.S rate)
= 101 × (1 + 1% / 1 + 4.1%)
= 101 × [(1 + 0.01) / (1 + 0.041)]
= 101 × (1.01/1.041)
= 101 × 0.9702209
= 97.99
Answer:
Dr. Cr.
(1)
The company purchased
195 units at $44 each
Inventory (195 x 44) 8,580
Account Payable / Cash 8,580
(2)
Returned 8 units
for credit
Account Payable / Cash 352
Inventory (8 x 44) 352
(3)
Sold 163 units
at $65 each.
Account receivable / Cash 10,595
Sales ( 163 x 65 ) 10,595
Cost of Goods sold 7,172
Inventory 7,172
Inventory Account: Dr. Cr. Balance
Opening Balance ( 65 x $44 ) $2,860
(1) Purchase $8,580 $11,440
(2) Purchase Return $352 $11,088
(3) Sale $7,172 $3,916
Inventory Closing Value is $3,916.
Answer: The benefits of giving are not only reaped by the gift receivers, but also by the giver themselves in terms of their health and happiness.
Explanation: I hope that helped.
Answer:
Free-enterprise; government.
Explanation:
An economy is a function of how money, means of production and resources (raw materials) are carefully used to facilitate the demands and supply of goods and services to meet the unending needs or requirements of the consumers.
Basically, there are four (4) main types of economy and these are;
I. Mixed economy.
II. Command economy.
III. Traditional economy.
IV. Free-enterprise economy.
A free-enterprise system also referred to as capitalism or free market can be defined as a type of economy in which prices, products and services are being determined by the market rather than the government. Thus, a free-enterprise system is devoid (free) of government regulations, interference or control because the market (enterprises) are the ones who are saddled with the responsibility of determining the market forces.
Simply stated, a free-enterprise system is a type of economy that is completely driven by demand and supply of goods and services.
Hence, in a free-enterprise system, supply and demand forces affect the production and consumption decisions. There is little to no government control in such a system.
Dont count me on this until someone seconds my answer but i think its about 50 million
