1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
seraphim [82]
3 years ago
13

On December 1, 20x1 Pimlico made sales to a customer in India and recorded Accounts Receivable of 10,000,000 rupees. The custome

r has until March 1, 20x2 to pay. On December 1, 20x1, Pimlico paid $500 for a put option to sell rupees at a strike price of $2.30 per 100 rupees on March 1, 20x2, which was the spot rate on December 1, 20x1. On December 31, 20x1, Pimlico's Fiscal Year End, the spot rate was $2.80 per 100 rupees and the option premium was $0.004 per 100 rupees. What is the fair value of the option on December 31, 20x1
Business
1 answer:
Mashcka [7]3 years ago
3 0

Answer:

Total value (5,400)

Explanation:

10,000,000 rupees

option to sale ruppes at $2.30

2.3

The spot rate was 2.80

Option Premium:

10,000,000 / 100 x 0.004 = 400

Stop difference:

(2.80 - 2.30) x 10,000,000 / 100  = 5,000

Total value (5,400)

You might be interested in
TB MC Qu. 9-371 Irving Corporation makes a product with ... Irving Corporation makes a product with the following standards for
lisov135 [29]

Answer:

Variable manufacturing overhead rate variance= $664 favorable

Explanation:

Giving the following information:

Variable overhead 0.2 hours $ 5.10 per hour

The company used 1,660 direct labor-hours to produce this output. The actual variable overhead cost was $7,802.

<u>To calculate the variable overhead rate variance, we need to use the following formula:</u>

Variable manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity

Actual rate= 7,802/1,660= $4.7

Variable manufacturing overhead rate variance= (5.1 - 4.7)*1,660

Variable manufacturing overhead rate variance= $664 favorable

6 0
3 years ago
Many of the recommendations as team leader to increase your team's productivity will likely result in significant change to the
Pachacha [2.7K]

Answer:

Being a team leader is a huge responsibility towards the organization and team members as well. Changes in an organization are common but few people or team members are not able to accept the change and productivity decreases, so being a team leader following steps can be adopted to raise their urgency levels:

  • Add some incentive criteria that will motivate key employees as well for more productivity.
  • Have a interaction session to know the issues regarding changes and convincing members about the positive effects of changes.
  • Team leader required to be harsh sometime, so one can impose some strict rules or targets for productivity.
  • Team leader can create such working environment  that will motivate other members to work with fresh minds that will affect the productivity.

Team leader can choose any of the ways to raise the urgency level of team members.

3 0
3 years ago
For the month of May, the company planned for activity of 112 births, but the actual level of activity was 114 births. The actua
s2008m [1.1K]

Answer:

D)

Explanation:

i think its right.. but i may be wrong.. i tried either way.

4 0
2 years ago
If the interest rate is 10 percent, then the present value of $100 to be paid in 2 years is
Lina20 [59]
The answer is exactly 100.
7 0
3 years ago
Use what you have learned about secured and unsecured loans to complete these sentences. a loan that is associated with a valuab
Hitman42 [59]

A loan that is associated with a valuable asset that can be taken by the lender is  a secured loan.

Ray's loan is unsecured.

Jack's mortgage is a secured loan.

<h3>What are secured and unsecured loans?</h3>

A secured loan is a loan that is backed up by an asset. If the borrower defaults on the loan,the lenfer can take possesion of the asset. An unsecured loan is a loan that is not backed up by any asset.

An unsecured loan is more risky than a secured loan. Thus, unsecured loans have a higher rate of interest.

To learn more about unsecured loans, please check: brainly.com/question/8347317

#SPJ4

4 0
1 year ago
Other questions:
  • The 2013 annual report of Oracle Corporation included the following information relating to their allowance for doubtful account
    15·1 answer
  • A company issued a short-term note payable to a bank with a stated 12 percent rate of interest . The bank charged a .5% loan ori
    15·2 answers
  • Select all that apply.
    10·2 answers
  • Scott Equipment produces​ high-quality soccer balls. If the fixed cost per ball is $ 3 when the company produces 15 comma 000 ​b
    14·1 answer
  • Focus strategies are: a. sheltered from the risks associated with industry-wide strategies because of their niche focus. b. able
    6·2 answers
  • Your study partner is having trouble getting total debits to equal total credits in the trial balance. Trial Balance Accounts De
    9·1 answer
  • When does a conflict of interest occur???
    14·1 answer
  • The statement of cash flows reports all but which of the following: Multiple Choice
    14·1 answer
  • ___ are costs that don't show up as part of the market price for a product.
    11·2 answers
  • List Five products not in the Market​
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!