Purchasing power parity is basically the value of money in terms of what can be bought irrespective of market or region.
In the current scenario, Starbucks are expected to cost the same whether in Paris or Seattle. What matters here is the exchange rates.
If Starbucks costs $5 in Seattle and 4 Euros in Paris, the exchange rate is,
Exchange rate = Cost in Seattle/ Cost in Paris = $5/4 Euros = $1.25 per Euro or 4 Euros/$5 = 0.8 Euros per dollar. This means that Euro has more value than the dollar.
The correct answer is c.
Answer: Strong form Efficiency-c
Explanation:
Strong form of market efficiency is the strongest form of efficient market hypothesis, by Burton G. Malkiel, states that future market price movement cannot be predicted by technical analysis, fundamental analysis or inside information instead it efficiently deals with all information on a given security and reflects it in the price immediately. He added by saying the best way to maximize returns is by following a buy-and-hold strategy.
Sabrina and her father always get consistent abnormal result because even though her father gets inside information indicating when there is increase and decrease in profits concerning stock at RSG, it will not influence the stock prices at RSG.
<span>A product in the _____ stage is experiencing periods of rising sales and profits.
The answer is growth,
When the company is still in the growth stage, it is normal to experience the period of rising in sales and gaining profits.</span>
Answer:
- Materials ⇒ 70,725 units
- Conversion ⇒ 68,600 units
Explanation:
Using the weighted average method, the equivalent units are the Units transferred out plus the equivalent closing inventory.
Materials:
= Units transferred out + Closing equivalent units
= 63,500 + (85% * 8,500)
= 70,725 units
Conversion:
= 63,500 + (60% * 8,500)
= 68,600 units
To find the margin being lost, you take the difference between the normal retail price of the item and subtract it from the item cost to you. After that is done, multiply the difference by the amount of items sold at that price.
(0.99 - 0.50) = 0.49
(0.49)(35) = $17.15 is being lost