Answer: the correct answer would be <u>Profit center.</u>
Explanation:
hope this helps
Answer:
C. Disperse production to different locations around the globe.
Explanation:
By dispersing production to different countries, Sportlife drinks will accumulate its income in different currencies.
If a certain type of currency is incinerating in value, other types of currencies tend to increase in value. So, having multiple currencies at your disposal will pretty much maintain the total amount of your overall asset.
This will protect sport life drinks from the damage that might caused by currency fluctuation.
Answer:
A. Nero and Olive only
Explanation:
The primary liability is on Olive, and secondary liability is on both Nero and Olive. Secondary liability is a legal obligation that a party accepts on behalf of another party. In this case, Nero and Olive are liable for each other.
The bank is not liable for any action related to the check except for those directly related to the bank's operation.
Answer:
The material cost of the work in process at March 31 is d. $0
Explanation:
Note: Equivalent unit of Work in process of Material is 0 as material are added at the end of process which leads to total cost of material of work in proccess = 0.
Answer:
C. $200 net loss
Explanation:
The net loss or gain is calculated on hedging to determine whether the hedge has been beneficial for the company or not. Hedging is a process to transfer exchange rate movement risk. This is usually suitable for the companies who have receipts or payments in foreign currencies.
The hedging gain loss can be calculated as:
Forward rate at the time of contract - spot rate today
$1.21 - 1.232 = 0.0232
