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3 years ago

The foreign exchange market:

Business

2 answers:

zheka24 [161]3 years ago

4 0

Hello! Your answer would be C. Facilitated the buying and selling of foreign currencies. I just learned about it.

NNADVOKAT [17]3 years ago

3 0

Answer:

C. Facilitated the buying and selling of foreign currencies.

Explanation:

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Horace sells equipment with an adjusted basis of $20,000 to his great-grandson, Matthew, for its fair market value of $15,000. M

Alla [95]

Answer:

The recognized gains upon the sale is $2000.

Explanation:

As the cost of purchase of the equipment to Mathew is $15000 and the sale proceeds received is $17000. The gain is actually calculated as follows;

Gain = Sale proceeds –Cost of equipment

Gain = Matthew sells the equipment to an unrelated party for $17,000 – Matthew bought equipment for its fair market value of $15,000

Which is $1700 -$1500 = $2000

Therefore the recognized gains upon the sale is $2000.

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3 years ago

Paula Reid is the manager at the Miami office of the U.S. Secret Service who set in motion a major prostitution scandal by repor

Elan Coil [88]

Answer:

The answer is: She used the justice approach, realizing that the greater good is served because people learn to help each other in their own interest.

Explanation:

Justice approach: an ethical decision is a decision that distributes benefits and costs (or punishments) among those involved in a fair, equitable, and impartial way.

Paula used this approach because she believed the agents had acted improperly and that they were harming the US Secret Service.

I consider any organization a team, so in order for it to work well its members must be respected both by their peers and by the other teams´ members. If you consider the various types of activities this specific agency carries out, other not so friendly "teams" (other secret services or even terrorists) could use this type of information to damage or compromise those activities. So the well being of all the country was being jeopardized by a group of bad agents.

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4 years ago

FitWear Inc, a sporting goods footwear and apparel company, features photographs of celebrities wearing its brand of clothing an

Bess [88]

Answer:

B. opinion leaders

Explanation:

Opinion leadership is leadership via the user who used the active media in order to interpretation the meaning of the message related to media or for the lower end media users

It is to be done for high esteem in the case of acceptance of their opinions

As the individuals influence the common people so it is a opinion leaders

since they are individuals influencing common people

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3 years ago

Helix Corporation produces prefabricated flooring in a series of steps carried out in production departments. All of the materia

Tresset [83]

The costs per equivalent units (Total Costs / Equivalent units) is $1.57, and for conversion is $0.98.

What is equivalent units of production ?

equivalent units of product are a conception used to understand how important plutocrat incompletely completed products are worth to a company.
They're useful for process going , which is the analysis of plutocrat inflow within the manufacturing process.
Equivalent units of product( EUP) is the quantum or number in units wherein total costs applicable will be divided to determine the applicable cost of goods vended and ending supplies.
This represents the product of a process in terms of equivalent units. In other words, it means converting the uncompleted product into its fellow of completed units. Numerous particulars are in nonstop product, so without some way to calculate original units, it would be delicate to determine how important plutocrat was tied up in product costs. Deficient work must be reckoned for on a regular base so that a value can be placed on the deficient work.

Here,

Units transferred to the next production department = 286,000(two eight six, zero zero zero)

Work in process inventory, May 31 (60,000 (40% for Materials, 20% for Conversion)) = 24,000(material), 12,000(conversion)

Equivalent units = 310,000(material), 298,000(conversion)

Cost in work in process inventory, May 1 = 62,400(material), 19,000(conversion)

Cost added during May = $424,300(material), $273,040(conversion)

Total Costs = $486,700(material), $292,040(conversion

Hence, The costs per equivalent units (Total Costs / Equivalent units) is $1.57, and for conversion is $0.98.

Learn more about Equivalent units here:

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2 years ago

Blenman Corporation, based in the United States, arranged a 2-year , $1,000,000 loan to fund a project in Mexico. The loan is de

SashulF [63]

Answer:

17.67%

Explanation:

Solution

Given that:

The Loan amount in USD = $1,000,000

The Loan is denominated in Mexican pesos.

The rate of exchange at the time of loan = 5.75 pesos per USD

Thus,

The Loan amount in Mexican pesos = 1000000 * 5.75 = 5,750,000 Mexican pesos

The Loan carries interest rate = 6.5%

Now,

The Loan duration = 2 years = 4 semiannual periods

The Loan to be repaid in Mexican pesos in 4 equal semiannual installments

So,

To get semiannual installments we will apply PMT function of excel:

Which is,

PMT (rate, nper, pv, fv, type) = PMT(6.5%/2, 4, -5750000, 0, 0)

= 1556164.09 Mexican pesos

Thus,

The exchange rate dropped to 5.10 pesos per USD before the first semiannual payment is due and stays so till the end of loan period.

Then,

The Semiannual installment in USD = 1556164.09 / 5.10 = $305,130.2137

To get nominal semiannual rate (for USD amounts) we will use RATE function of excel:

The RATE(nper, pmt, pv, fv, type)

= RATE (4, 305130.2137, -1000000, 0,0)

= 8.477%

Effective annual rate = (1 + 8.477%) 2 - 1 = 17.67%

Therefore, the effective annual interest rate will Blenman end up paying on the loan is 17.67%

7 0

3 years ago