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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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andrezito [222]

Answer:

B. listing tasks

Explanation:

Time management tools help reduce time wastage and helps accomplish planned activities. Listing of tasks to be accomplished in a given time is one way of time management. tasks are listed in the order of priority. Each task is assigned its estimated completion time.

When listing tasks, it is important to indicate the person assigned to undertake each activity. Where possible, remainders should be set to assist in tracking progress.  

4 0
3 years ago
Which options are available in Layout view? Check all that apply.
ss7ja [257]

Answer:

Resize Objects and Relocate Objects

Explanation:

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3 years ago
Assume that on December 31, 2019, Kimberly-Clark Corp. signs a 10-year, non-cancelable lease agreement to lease a storage buildi
Anika [276]

Answer:

a) the journal entry to record the signing of the lease agreement:

December 31, 2019, lease agreement signed

Dr Right of use 483,360

   Cr Lease liability 483,360

the lease liability must record the present value of the 10 annual lease payments: $68,099 and 8% discount rate:

present value of an annuity due = payment + {payment x [1 - (1 + r)⁻⁽ⁿ⁻¹⁾]/r}

  • payment = 66,699
  • r = 8%
  • n - 1 = 10 - 1 = 9

PV annuity due = 66,699 + {66,699 x [1 - (1 + 0.08)⁻⁹]/0.08} = 66,699 + 416,661 = $483,360

the journal entries to record the annual lease payments:

December 31, 2019, first annual lease payment

Dr Lease liability 66,699

   Cr Cash 66,699

December 31, 2020, second annual lease payment

Dr Lease liability 33,366

Dr Interest expense 33,333

   Cr Cash 66,699

interest expense = $416,661 x 8% = $33,333

December 31, 2020, depreciation expense

Dr Depreciation expense - leased building 48,336

   Cr Accumulated depreciation - leased building 48,336

December 31, 2021, third annual lease payment

Dr Lease liability 36,035

Dr Interest expense 30,664

   Cr Cash 66,699

interest expense = $383,295 x 8% = $30,664

December 31, 2021, depreciation expense

 Dr Depreciation expense - leased building 48,336

   Cr Accumulated depreciation - leased building 48,336

b) this would increase the right to use asset and lease liability by:

= -$5,000 + $1,000 = $4,000

c) this would increase the right to use asset and lease liability by:

= 5,000 + {5,000 x [1 - (1 + 0.08)⁻⁹]/0.08} = $36,234

8 0
3 years ago
The University of Dental Health (UDH) is a state-run university focusing on the education and training of dentists, dental assis
velikii [3]

Answer:

The University of Dental Health (UDH)

Functions                                           Type of Center

Accounting                                         Cost Center

Bookstore                                           Profit Center

Cafeterias                                           Profit Center

Career services                                  Cost Center

Community workshops                      Profit Center

(providing

continuing professional

education necessary for

state licensure)

Custodial services                              Cost Center

Financial aid                                        Cost Center

Human resources                              Cost Center

Information technology                     Cost Center

Residence halls                                  Profit Center

Student parking lots (fee based)      Profit Center

University newspaper/radio station Cost Center

Explanation:

The UDH's cost center is a department or function that does not directly contribute to its profitability but costs it money to operate its activities. A profit center, on the other hand, directly contributes to the University's profitability by generating revenue through its activities.  Please, note that the dividing line is thin.  The determinant factor depends on the choices and efforts made by an organization's management to commercialize some of its internal services.

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3 years ago
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mr_godi [17]

Answer:

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Explanation:

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4 0
3 years ago
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