Answer:
Profit of $3000
Explanation:
The exchange rate of a future contract is usually fixed at the time when the contract is buy 100,000 euros at a futures contract price of $1.22.
The Value in dollars at the time is: $122,000
At the maturity spot rate of the euro is $1.25.
The value of the contract is: $125,000
The difference:
$125,000-122,000
=$3000.
Since the maturity spot rate is higher, there is a profit of $3000 from speculating with the futures contract.
Answer:
$25,200 and $58,800
Explanation:
The computation of the depreciation expense and the book value using the sum-of-the-years'-digits method is shown below:
The depreciation expense is
= (Purchase cost - residual value) × useful life ÷ (sum of years)
= ($84,000 - $8,400) × 5 years ÷ (1 + 2 + 3 + 4 + 5)
= $75,600 × 5 years ÷ 15 years
= $25,200
And, the book value is
= Purchase cost - depreciation expenses
= $84,000 - $25,200
= $58,800
We simply applied the above formulas
The main concern of executives when designing a management support system (MSS) is <em>b. getting the information they need in the simplest way.</em>
A management support system provides managerial information resources to enable management <em>to plan, make decisions, and manage the organizational activities to achieve goals.</em>
Executives' main concern with the design of a management support system <u>is not</u> to:
- Identify unquantifiable benefits
- Get support from all employees
- Get technically-advanced information.
Thus, the concern of executives during the design of a management support system is to get needed information <em>most simply.</em>
Learn more: brainly.com/question/20297199
Answer:
The social media platform with more than 410 million people registered is Linkedin
hope I helped!! :D
Explanation:
