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
Supply and demand generally dictates the beginnings of pricing a product. Your targeted market, ability to serve them with a good product, the convenience to access your product. Credentials of the firm.
The adjusted cost of goods sold that would appear on income statement for November is $247,900.
<h3>
What is an income statement?</h3>
One of a company's financial statements, an income statement or profit and loss account (also known as a profit and loss statement (P&L), statement of profit or loss, revenue declaration, statement of financial performance, earnings statement, statement of earnings, operating statement, or statement of operations) lists the company's income and outgoings for a given time period. It explains how the revenues, commonly referred to as the "top line," are converted into net income or net profit (the result after all revenues and expenses have accounted for). The income statement's goal is to demonstrate to managers and investors whether the business gained money (profit) or lost money during the reporting period.
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Answer:
C
Explanation:
Inflation is a persistent rise in general price level
Rise in Inflation rate = 220 / 200 - 1 = 10%
Rise in tuition fees = 115 / 100 - 1 = 15%
From the calculations, the percentage change in tuition fees is higher than the percentage change in inflation rate
