Answer:
a.
The yen is expected to get stronger in three-month time.
It is because it is taking up to ¥102.21 to exchange for $1 at spot, while in three-month time, it is expected that it will only take ¥101.18 to exchange for $1.
b.
Applying relative purchasing power parity, we have:
USD is expected to depreciate 3% against Japan Yen, calculated as: 102.21 / 101.18 - 1 = 3%.
Thus, inflation rates of the United States is estimated to be 3% higher than inflation rates of the Japan.
Explanation:
Answer:
<em> </em><em>interest </em><em>earned</em><em> </em><em>on </em><em>both</em><em> </em><em>the </em><em>initial</em><em> </em><em>principal</em><em> </em><em>and </em><em>the </em><em>interest </em><em>reinvested </em><em>from </em><em>prior </em><em>periods </em><em>is </em><em>called </em><em><u>compound</u></em><em><u> </u></em><em><u>interest</u></em><em><u>.</u></em>
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<em>Compound </em><em>interest</em><em>.</em><em> </em><em>The </em><em>interest</em><em> </em><em>which </em><em>is </em><em>added </em><em>on </em><em>to </em><em>the </em><em>initial</em><em> </em><em>investment</em><em>,</em><em> </em><em>so </em><em>that</em><em> </em><em>this </em><em>will </em><em>itself</em><em> </em><em>gain </em><em>interest </em><em>in </em><em>subsequent</em><em> </em><em>perio</em><em>d</em><em>s.</em>
Answer:
There is an opportunity cost to going to the movie and he should leave the movie.
Explanation:
Yes, there is an opportunity cost involved when the person goes for the movie. The opportunity cost will the work that he can do instead of going to the movie. For instance, if the person has the option to study or to watch a movie and he chooses the movie then the opportunity cost is the study. Moreover, he should leave the movie because it is terrible and if he does other work by leaving the movie then he will be benefited because the opportunity cost of doing other work will be lower.
Answer:
Annual depreciation= $32,500
Explanation:
Giving the following information:
Purchase price= $70,000
Salvage value= $5,000
Useful life= 4 years
<u>To calculate the annual depreciation under the double-declining-balance method, we need to use the following formula:</u>
<u></u>
Annual depreciation= 2*[(book value)/estimated life (years)]
<u>2022:</u>
Annual depreciation= 2*[(70,000 - 5,000) / 4]
Annual depreciation= $32,500
Answer:Customers coming to a fine dining restaurant look for an experience where they are not doing much. They want to feel special and your staff can do that by simply knowing everything that there is in the menu.
Explanation:
What are customers looking for from a restaurant?
