Answer: A. Analytical
Explanation:Analytical skills is required in answering the question
Answer:
a) (USD/CAD) on July 15, 2016 was 1.2937
b) six-month forward rate of (USD/CAD)= 0.0165
c) hree-month forward exchange rate of (JPY/USD) on July 15, 2016 is 0.0105263
Explanation:
a) Please see the exchange rate on this link: https://www.poundsterlinglive.com/bank-of-england-spot/historical-spot-exchange-rates/usd/USD-to-CAD-2016
b) Now it's too far to check forward rate in 2016, so we have to calculate ourselves
6 month forward rate = exchange rate on 15 Jan 2017/ exchange rate on 15 July 2016 -1 = 1.3151/1.2937 -1 = 1.65% semi annual or 3.3%pa
c) please see link https://www.currency-converter.org.uk/currency-rates/historical/table/JPY-USD.html
15/07/2016 1 JPY = 0.0095 USD
15/10/2016 1 JPY = 0.0096 USD
3 month forwar rate = 0.0096/0.0095-1 = 0.0105263
Answer:
The contribution margin ratio will increase.
Explanation:
Giving the following information:
BrewCo sells coffeemakers for $120 each. The firm currently has variable costs per unit of $65. BrewCo can reduce its variable cost per unit to $58.
Contribution margin ratio= (selling price - unitary variable cost)/selling price
New Contribution margin ratio= (120 - 58)/120= 0.52
Old Contribution margin ratio= (120 - 65)/120= 0.46
Answer:
4.256%
Explanation:
Since the front load of 4% of the portfolio has been paid, therefore the value of the portfolio has been reduced to 96%(100%-4%).
The value of the investment has been increased by 10% with expense ratio of 1.8%, the rate of return on the fund on the shares at the end of the year shall be calculated as follows:
1+i=96%(1+10%-1.4%)
where i=rate of return on shares
1+i=1.04256
i=1.04256-1=4.256%
Answer:
Easton Co.'s adjusted book balance June 30 = $72,724
Explanation:
Bank balance June 30: $68,349 Book balance June 30: $72,709
Deposit in transit: $7,550 Interest earned: $55
<u>Outstanding checks: ($3,175) </u> <u>Check printing fees: ($40) </u>
Adjusted bank balance: $72,724 Adjusted book balance: $72,724
