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xz_007 [3.2K]
3 years ago
12

What is the expected dollar rate of return on dollar deposits with today's exchange rate at $1.10 per euro, next year's expected

exchange rate at $1.165 per euro, the dollar interest rate at 10%, and the euro interest rate at 5%
Business
1 answer:
allsm [11]3 years ago
4 0

Answer:

B. 11%

Explanation:

Recall that

Dollar return on euros = Euro interest rate + [(current exchange rate per euro - initial exchange rate per euro) ÷ initial exchange rate per euro]

Given that

Euro interest rate = 0.05 or 5%

Initial exchange rate = 1.10

Current exchange rate = 1.165

Therefore

Dollar return on Euros = 0.05 + [(1.165 - 1.10) ÷ 1.10]

= 0.05 + [0.065 ÷ 1.10]

= 0.05 + 0.059

= 0.109

OR

= 10.9 %

= 11%

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In the circular flow model, the expenditures on goods and services flow in the
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The answer is opposite direction as <span>goods and services.
In the circular flow model, the expenditures on goods and services will be paid by the households to the producers/
The direction of goods and services (products) on the other hand, will be given by the producers to the households.

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4 0
3 years ago
Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the
Mumz [18]

Product A and Product C should be sold at the split-off point    

Product B should be processed further.

<h3 /><h3>    What is the meaning of joint costs?</h3>

A joint cost is an expenditure that benefits more than one product, and for which it is not possible to separate the contribution to each product.

The accountant needs to determine a consistent method for allocating joint costs to products.

<h3>How to calculate joint variable cost?</h3>

One of the simplest methods to apportion joint cost is the average unit cost method.

Here, the average cost per unit is calculated by simply dividing the total cost of all the joint products incurred before their splitting-off, by the total of the number of units produced all together.

Learn more about joint cost here:

<h3>brainly.com/question/15276894</h3><h3 /><h3>#SPJ4</h3>

4 0
2 years ago
Can putting an application form for a new job in with the business mail be considered an example of theft or fraud at work?
mihalych1998 [28]

This stands unprofessional more than theft although technically if the business exists paying for your private postage you stand in theory stealing from your employer.

<h3>What is fraud ?</h3>

Fraud exists as a deliberate act (or failure to act) to acquire an unauthorized benefit, either for oneself or for the institution, by utilizing deception or false suggestions or suppression of truth or other unethical standards, which exist believed and relied upon by others. The definition of an e-mail exists as a message sent from one computer to another over the Internet, utilizing a set web mail server address.

This stands unprofessional more than theft although technically if the business exists paying for your private postage you stand in theory stealing from your employer. It would also look bad if the organization to whom you had applied for the new job had detected that your envelope had been spent for by your employer and they may question your honesty and innocence as a person.

To learn more about fraud refer to:

brainly.com/question/1260589

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4 0
2 years ago
Potentially hazardous foods on their way for delivery to your establishment must be kept at what maximum temperature?
Olegator [25]

Answer:

The correct answer would be option A, 135 Degree Fahrenheit.

Explanation:

Potentially hazardous foods are the foods that require time temperature control to keep them safe and to be used by the humans later even after few days. Potentially Hazardous foods can be Meat( which can be either raw or cooked), Dairy Products like milk, custards or any product prepared from Dairy, Seafood, raw or processed vegetables or fruits, cooked cereals, cooked pastas, cooked rice, etc. These type of foods are called the hazardous foods. All these foods should be treated with a maximum temperature of 135 Degree Fahrenheit in order to keep them safe for further use by people.

8 0
3 years ago
At January 1, 2019, Vaughn Manufacturing has beginning inventory of 2000 surfboards. Vaughn estimates it will sell 7000 units du
Iteru [2.4K]

Answer:

Sales revenues= $1,317,150

Explanation:

Giving the following information:

Vaughn estimates it will sell 7000 units during the first quarter of 2019 with a 12% increase in sales each quarter.

Selling price= $150

<u>First, we need to calculate the number of units to be sold in the third quarter</u>:

Sale in units= 7,000*1.12^2= 8,781

<u>Now, sales revenues:</u>

Sales revenues= 8,781*150

Sales revenues= $1,317,150

6 0
3 years ago
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