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2 years ago

_____ refers to the impact of the change in currency exchange rate on the reported financial statements of a company

Business

1 answer:

vagabundo [1.1K]2 years ago

3 0

Answer:

NET INCOME

Explanation:

as you re measure each transaction, the difference, gain or loss, flows through income statement as a foreign currency transaction adjustment.

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Elliott Credit Corp. wants to earn an effective annual return (EAR or EAIR) on its consumer loans of 17.1 percent per year. The

Yuri [45]

15.79 % is the rate that bank is requred to give to potential borrowers

<u>Explanation:</u>

$\mathrm{EAR}=(1+\mathrm{APR} / \mathrm{m})^{\mathrm{m}}-1$

$A P R=m\left[(1+E A R)^{1 / m}-1\right]$

$\mathrm{APR}=365\left[(1+.171)^{1 / 365}-1\right]$

$A P R=365\left[(1.171)^{0.00273972602}-1\right]$

$\mathrm{APR}=365 *[1.00043258-1]$

$A P R=365 * 0.00043258$ , APR = 0.1578917

Or 15.79% (it is rounded off )

<u>Where: </u>

EAR = effective annual rate

APR = Annual percentage rate

M = number of compounding

Therefore, the interest of rate that the bank is required by law in order to report to all the potential borrowers is 15.97%

4 0

3 years ago

For questions 1-10, fill in the blank with the letter of the term that best matches the

AveGali [126]

Answer:

Explanation:

Free brainliest to the first who answers and 100 points!!!!! also a thanks and a five star

7 0

2 years ago

You're welcome. As a first step, our team analyzed the other potential primary contenders. The reality is that with such a stron

SCORPION-xisa [38]

Below is the complete question:

CANDIDATE: Thank you for agreeing to conduct some research to assess my potential as a candidate in the upcoming election.

CONSULTANT: You're welcome. As a first step, our team analyzed the other potential primary contenders. The reality is that with such a strong field, it is going to be difficult to gain the _______ of votes necessary to avoid a runoff unless you want to go negative from the start.

Answer:

Majority

Explanation:

The reality is that with such a strong field, it is going to be difficult to gain the MAJORITY of votes necessary to avoid a runoff unless you want to go negative from the start.

8 0

3 years ago

A customer has $20,000 to invest, but needs immediate access to the funds to pay a variety of bills that will arrive over the ne

tatiyna

Answer:

A. Money Market checking account

Explanation:

A money market account represents a savings account with some features of a checking account provided by a bank. Herein, a customer deposits money, and such funds are invested into money market instruments which are highly liquid, such as commercial papers, treasury bills, certificate of deposits, etc.

Such accounts provide debit card and checks and allow a certain number of withdrawals every month. The rate of interest offered under these accounts is usually higher than the ordinary savings account.

In the given case, the customer has $20,000 to invest and also requires immediate access to the funds to pay his bills. The best recommendation would be to deposit such funds to a money market checking account, which would provide him with access i.e liquidity, a higher rate of interest than on savings account and safety of investment.

It is noteworthy that all other options specified are not as liquid as money market checking account since, those alternatives either require considerable time in redeeming and selling or do not provide immediate access to funds.

4 0

2 years ago

Aspen's Distributors has a levered cost of equity of 13.84 percent and an unlevered cost of capital of 12.5 percent. The company

Reptile [31]

Answer:

8.60%

Explanation:

We use the MM proposition II with taxes

$r_e = r_a + \frac{D}{E} (r_a-r_d)(1-t)$