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attashe74 [19]
3 years ago
10

Which of the following is the best way to write a salutation in a cover letter addressed to Mr. Ravi Patel, Human Resources Mana

ger, ABC Company?
a.
Dear Sir:
b.
To Whom It May Concern:
c.
Dear Mr. Patel:
d.
Gentlemen:
Business
2 answers:
Dafna1 [17]3 years ago
7 0
Answer is A
I had it in a quiz and it was right
Zielflug [23.3K]3 years ago
4 0
To whom it may concern i believe
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Your firm (an Australian firm) makes a sale to a Japanese customer.  The sale price is 200 million Japanese Yen payable in exact
charle [14.2K]

Answer:

An Australian Firm Selling to a Japanese Customer

a) Direct Quote of the Exchange Rate between Australian Dollar and Japanese Yen:

A$ 1 = ¥90

Meaning 1 Australian Dollar = 90 Japanese Yen.

Therefore, the price of the goods would be A$ 2,222,222.22222 (¥200 million)/ ¥90

b)Theoretical Current Forward Exchange Rate, quoted in terms of JPY/AUD for delivery in three months:

= Spot Rate x (1 + Japanese Interest Rate) / (1 + Australian Interest Rate) x 360/90

= ¥90 x (1 +0.005) / (1 +0.03) x 360/90 = ¥90 x 1.005/1.03 x 360/90

= ¥351.26214 =A$1

c) The Australian firm can take advantage of any decreases in the exchange rate and also ensure that it receives at least Australian $2 million by entering into a Currency Forwards Contract.

d) If the spot exchange rate in 3 month's time is:

(i) AUD/JPY=150, the outcome of the hedging with a Currency Forwards Contract to get at least A$ 2 million would be the gain of:

Forward Exchange outcome in Australian Dollars = ¥200 million/ ¥150 =

A$ 1,333,333.33333

Hedging outcome minus Forward Exchange outcome

A$2 million - A$ 1,333,333.33333 = A$666,666.66667

(ii) AUD/JPY = 50, the outcome of the hedging with a Currency Forwards Contract to get at least A$ 2 million would be the loss of:

Forward  Exchange outcome =  in Australian Dollars = ¥200 million/ ¥50 =

A$4 million

Hedging outcome minus Forward Exchange outcome

A$2 million - $4 million = -A$2million

Explanation:

a) Currency forwards contracts and future contracts are used to hedge the currency risk. For example, a company expecting to receive  ¥200 million in 90 days, can enter into a forward contract to deliver the  ¥200 million and receive equivalent Australian dollars in 90 days at an exchange rate specified today.

b) If A$ 1 = ¥90

Therefore, the price of the goods would be A$ 2,222,222.22222 (¥200 million)/ ¥90 in Australian Dollars.

5 0
3 years ago
An agreement to purchase goods and services with a specified percentage of proceeds from an original sale in that country from a
gizmo_the_mogwai [7]

Answer:

B)an offset.

Explanation:

4 0
3 years ago
Managers are trying to decide on which variables to use in segmenting and selecting a target audience for marketing communicatio
JulsSmile [24]

Answer: Senior citizens (65 years and older) = psychographic.

Explanation:

Psychographic segmentation is simply segmentation that is based on the psychological characteristics of the consumer such as lifestyles, personality, social class etc while Demographics is the study based on factors like sex, age, and race.

Base on the above explanation, "Senior citizens (65 years and older) = psychographic" is the answer. It should be noted that this is demographic related and not psychological.

7 0
3 years ago
You have been asked to create a code of ethics for the staff of a school paper to follow. Create a list of 10 rules based on the
Daniel [21]
Thank you for coming to Brainly with your questions :)

Here's my answer:

1. No hurtful gossip.
2. Stay professional.
3. Do not publish anything untruthful.
4. Work together as a team.
5. Meet all deadlines on time. 
6. Be accountable.
7. Avoid stereotyping, including race, ethnic, gender, sexuality, etc.
8. Be careful when it comes to what is published.
9. Do not publish anything that is misleading.
10. Support others views besides their own.


I hope this helps you. Please mark Brainliest :) Lemme know if I can do anything else to help you.

-Belle
7 0
3 years ago
Brand equity is the: Question 3 options:
natali 33 [55]

Answer:

d) association a consumer places in a brand with an organization.

Explanation:

Brand equity referes to the commercial value of a brand that a costomer perceives from the brand name. it is the value associated with the brand and not its product or services.

8 0
3 years ago
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