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DochEvi [55]
3 years ago
9

The one-year forward rate of the British pound is quoted at $1.50, and the spot rate of the British pound is quoted at $1.515. T

he forward ____ is ____ percent.
Business
1 answer:
Andrews [41]3 years ago
3 0

Answer: a. discount; 1.0

Explanation:

When the forward rate is higher than the spot rate, the rate is said to be a <em>Premium</em>. When the opposite holds true then the rate is said to be a <em>discount. </em>

Calculating the rate;

= \frac{1.515-1.5}{1.515}

= 0.99

= 1.0

Forward rate is lower so this is a discount.

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hoa [83]

Answer:

FLSA rules establish that only short coffee breaks (between 5 to 20 minutes) should be compensated as work time. Meal periods that last at least 30 minutes are not compensable work time.

If maintenance workers are recalled earlier, that time counts as work time because they are performing their normal work tasks.  

8 0
3 years ago
To pay for college, Henry received the following: $1,000 scholarship from the Thespian Club to pay for books $4,000 scholarship
Alika [10]

Answer:

$5,000

Explanation:

Money received as scholarship and used to pay for tuition or related expenses is not included in the gross income. So the $1,000 scholarship from the Thespian Club and the $4,000 scholarship from the Elks Lodge are not taxable. The only taxable income that Henry earned is the $5,000 that he was paid for being a dorm supervisor.

6 0
3 years ago
Champagne, inc., had revenues of $12 million, cash operating expenses of $8 million, and depreciation and amortization of $1.5 m
Hoochie [10]

The free cash flow can be calculated as below:

Revenue 12000000

Less: Expense (8000000)

Less: Depreciation (1500000)

Earnings Before Tax 2500000

Less Tax (750000)

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Add Depreciation 1500000

Total Cash Earnings 3250000

Less: Change in Working Capital (500000)

Less : Purchase of Asset (700000)

Free Cash Flow 2050000

Thus Free Cash Flow can be calculated as above.

4 0
3 years ago
Which points on the production possibilities curve show a level of production that would be achievable only through further grow
GarryVolchara [31]

Answer:

Most likely d and b

Explanation:

d is the best production so it should be in one of the answers and it is only with b so therfor it should be with d and b

3 0
3 years ago
yolanda is making her shopping list for the week. she knows that there was a delay in the shipment of grain to her region. what
cupoosta [38]

Answer:

the price will increase

Explanation:

since there is a delay the demand is going to be high and they don't have enough

4 0
3 years ago
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