Answer:
Calandra should buy call on Canadian Dollars on C$ $0.7000 $0.00049
Explanation:
If she is expecting the Canadian dollar to appreciate versus the United States Dollar in the future, she would buy a calla that gives her the right to buy Canadian Dollars at a lower price than hers future cost projection.
Answer:
The answer is: A) Declare the law constitutional because Milton's actions substantially affect interstate commerce.
Explanation:
The Commerce Clause, Article I, Section 8, Clause 3 of the Constitution of the United States:
[The Congress shall have Power] To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes.
Congress can enact laws that regulate interstate commerce, and this law is an example of one of them. It doesn't matter if Milton's action only affect commerce in a very small way, the law is still constitutional.
Answer and Explanation:
The computation of the contribution margin per pound for each of the three products is shown below:
As we know that
Selling price per pound - Variable cost per pound = Contribution margin
For Product K1
= $155.8 - $91
= $64.8
For Product S5
= $108.92 - $90
= $18.92
For Product G9
=$205.55 - $136
= $69.55
Now the contribution margin per pound is
For Product K1 = Contribution margin ÷ Pound
= 64.8 ÷ 4.2
= 15.43 per pound
For Product S5 = Contribution margin ÷ Pound
= 18.92 ÷ 4.1
= 4.61 per pound
For Product G9 = Contribution margin ÷ Pound
= 69.55 ÷ 5.3
= 13.22 per pound
$6.00 + 1.50(x) ≤ $12.00
1.50 x ≤ $12 - 6
1.50 x ≤ 6
x = 6.00÷1.50
x= 4 hours
Answer:
Cash borrowed = $120,000
Interest on promissory note = 10%
The journal entry is as follows:
On December 31,
Interest expense A/c Dr. $3,000.00
To Interest payable $3,000.00
(To record interest accrued on note)
Working notes:
Interest expense:
= $120,000 × 10% × (3/12)
= $120,000 × 0.1 × (1/4)
= $3,000
