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skelet666 [1.2K]
3 years ago
8

Assume that Nevermore, Inc., a U.S.-based subsidiary wants to raise $US 1 million by issuing a bond denominated in Pakistani rup

ees (PKR). The current exchange rate of the rupee is $.02
How many PKR does the MNC need to obtain the $US 1 million needed?
Business
1 answer:
vovikov84 [41]3 years ago
3 0

Answer: 50,000,000 Pakistani rupees (PKR)

Explanation:

The company wants to raise enough money in Pakistani rupees to match a million American dollars.

The rate is a Rupee to $0.02.

A million dollars will be:

= 1,000,000/0.02

= 50,000,000 Pakistani rupees (PKR)

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Key differences exist when an integrated Enterprise Resource Planning system (ERP) replaces an existing AIS or legacy system. Fo
Aleks [24]

Answer:

a. Inventory records

Explanation:

Inventory records -

It refer to the record or information of all the transactions, in a manual or computer based record, is referred to as an inventory records.

It is also known as stock record.

These records have complete information and data of all the transactions in each of the inventory item.

A very accurate and timely record is maintained which may be helpful for any future references.

Hence, from the given question,

The correct answer is inventory records.

5 0
4 years ago
MNOP Inc. declared a $1.00 dividend with a record date of Thursday, September 15, and a payment date of Thursday, October 20. Ch
Alchen [17]

Answer

C. September 15

Explanation:

since the record date is September 15, She needs to have purchased the stock by September 15 in order to receive the dividend.

8 0
3 years ago
Josh purchased 100 shares of XOM for $76.63 per share at the beginning of 2007. He received dividends per share of $1.37 (2007),
never [62]

Answer:

The IRR is 4.08%

Explanation:

In calculating the internal rate of return in excel,the cash outflow of $76.63 is shown in year 0 with a negative sign to indicate that it is the initial investment on the share, followed by dividends in received in later years shown as positive figures ,however in the fifth the dividend received and the cash received from disposing of the share were added together to show total cash inflow in the last year.

The computation of IRR is shown below

IRR for the share purchase  

 

Years Cash flow

0 -76.63

1 1.37

2 1.55

3 1.66

4 1.74

5 86.61  

IRR 4.08%

Find attached for detailed computation.

Download xlsx
4 0
3 years ago
Fishermen’s Corp. is considering purchasing a boat. If the boat was purchased, it is expected to receive $20,000 at the end of t
ozzi

Answer:

The boat today is worth 100,440 dollars

Explanation:

We need to solve for the present value of the payment Fishermen's Corp will receive for the boat:

We will apply the formula for lump sum to each \frac{Maturity}{(1 + rate)^{time} } = PV  

cash flow and then add them together

\frac{20,000}{(1 + 0.08)^{1} } = PV  

\frac{40,000}{(1 + 0.08)^{2} } = PV  

\frac{60,000}{(1 + 0.08)^{3} } = PV  

Year Nominal     Present Value

1 20000  18, 518

2 40000 34,293

3 60000 47,630

TOTAL            100,441

5 0
3 years ago
A category of data such as a customer's name, city, state, or phone number is called a?
GalinKa [24]

A category of data such as a customer's name, city, state, or phone number is called a field.

<h3>What is a field in data organization?</h3>

Field can be regarded as the smallest unit of data organization,  which contains a specific category of data , and these data could be  customer's name, city, state or phone number.

Hence, A category of data such as a customer's name, city, state, or phone number is called a field.

Learn more about data organization on:

brainly.com/question/21428222

#SPJ1

5 0
2 years ago
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