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Leokris [45]
3 years ago
12

A US firm is bidding for a contract required by the Swiss government. The firm will not know until three months from now, whethe

r the bid is accepted. The firm will need Swiss francs to cover expenses but will be paid by the Swiss government in dollars if it is awarded the contract. The US firm can best insulate itself against exchange rate exposure by:A. buying Swiss franc call options.B. buying Swiss franc put options;C. selling Swiss franc futures;D. buying Swiss franc futures;
Business
1 answer:
Leno4ka [110]3 years ago
5 0

Answer:

A. Buying Swiss franc call.

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Hsu Company reported the following on its income statement: Income before income taxes $302,634 Income tax expense 90,790 Net in
7nadin3 [17]

Answer:

5.79  times

Explanation:

The times interest earned ratio tells us the number of times the company's made earnings in multiple of its debt interest obligation.

The formula for times earned interest ratio is the income before interest and taxes divided by the interest expense.

income before tax is $302,634

income before interest and taxes= $302,634+$63,228=$365,862.00  

times interest earned ratio=$365,862.00/ $63,228= 5.79  times

8 0
3 years ago
What are the limitations of gdp and gnp
shutvik [7]

The limitations of GDP. GDP is a useful indicator of a nation's economic performance, and it is the most commonly used measure of well-being. However, it has some important limitations, including: The exclusion of non-market transactions.

7 0
3 years ago
Read 2 more answers
Your father paid $10,000 (cf at t = 0) for an investment that promises to pay $750 at the end of each of the next 5 years, then
natta225 [31]

From the problem statement it is clear that here we need to find out simple interest rate. 
One do not get interest on any investment made at the end of tenure.  
Putting this mathematically:
 Let amount at the end of 5th year as A 
Simple Interest for 5 years, SI = 750 *5
 SI = 3750
 Hence A = 10000 +3750
 A= 13750
 Let rate of return = R
 Tenure t = 5
 But,
  A = P(1 + R*t/100)
 13750 = 10000( 1+ R*5/100)
 13750 = 10000 + 50000R/100
 3750 = 500R
 R = 3750/500
 R = 7.5 %
 
 Hence rate of return is 7.5% per annum (answer)
7 0
3 years ago
Conor broke his wrist while playing basketball in the backyard. He ended up in the hospital. After an X-ray, MRI, doctor visit a
Anna11 [10]

Answer:

$6,000

Explanation:

A deductible is the amount Conor has to pay before his medical bills and prescriptions start getting coverage from his insurance.

Step 1: 10,000 - 2,000 = 8,000

A co-pay is a fixed amount the insured has to pay for certain medical services.

Step 2: 20% of 8,000 or 0.20 times 8,000 = 1,600

Step 3: add $2,000 (the deductible you have to pay) and $1,600 (the co-pay)

Total amount that Conor will have to pay for the hospital: $3,600

3 0
3 years ago
Gene is looking for a loan so that he can buy a car. There are a few different banks where he can apply for a loan. What should
ElenaW [278]

Answer:

The Answer To This Question is B. a good credit score.

Explanation:

8 0
2 years ago
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