Based on the actions of Jameson Machinery Inc, we can infer that they want to benefit from<u> First Mover Advantage. </u>
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First Mover Advantage:
- Involves being the first company or brand to enter a certain industry
- Gives the brand a competitive advantage and customer loyalty over other competitors
- Allows company to perfect services offered
In trying to get to South America first and having their brand established, Jameson hopes to benefit from first mover advantage which would see them have a competitive advantage over competitors that come later.
In conclusion, Jameson hopes to benefit from First-Mover Advantage.
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<em>Find out more at brainly.com/question/14663095. </em>
Answer:
B) $ 70,000.
Explanation:
Debt service expense
Debt service expense is the interest expense incurred to avail the debt services from another entity.
Debt service expense can be calculated using the following formula
Debt service expense = Face value of Bonds x Interest rate x Semiannual fraction
Where
Face value of bonds = $3,500,000
Interest rate = 4%
Semiannual fraction = 6 / 12 = 1/ 2
placing values in the formula
Debt service expense = $3,500,000 x 4% x 1/2
Debt service expense = $70,000
Answer:
103.4709
Explanation:
The computation is shown below:
Given that
U.S inflation rate = 3%
Japan inflation rate = 1.5%
Current exchange rate = 105
Now the new exchange rate for the yen is
= Current exchange rate × (1 + Japan inflation rate) ÷ (1 + U.S inflation rate)
= 105 × (1 + 1.5%) ÷ (1 + 3%)
= 105 × (1.015 ÷ 1.03)
= 105 × 0.985436893
= 103.4709
