Answer:
b. Britain (France)
Explanation:
The nominal exchange rate is the rate at which an individual can trade the currency of his country for another country.
According to the numbers given for exchange rates, the real exchange rate between American and foreign goods is lowest with Britain.
Answer:
Yes Gordon can sue Floors n' Mores for the settlement of the contract keeping in mind that Gordon has made partial completion of the contract. Full payment would be determined based on the completion of the total work in line withe the plans submitted when the contract was signed
Explanation:
In order to understand the scenario in case if Gordon wants to sue Floors n Mores they can only be compensated for the amount of project completion in line to the expectations that matches to Floors n More.
For Example if 75% of the work is in line with the expectation of Floors N More then Gordon should be paid total amount payable multiply by 75%.
Usually in such cases if the contract is fulfilled to certain extent it is preferred to close the contract based on the %age of completion because major reconstruction, buying of fixtures and furniture was executed. Hence major risks and rewards were transferred to Floors n Mores.
Answer:
$33,091.95
Explanation:
The net present value is the present value of after tax cash flows from an investment less the amount invested.
NPV can be found using a financial calculator:
Cash flow in year 0 = $400,000
Cash flow each year from year 1 to 5 =$80,000
Cash flow in year 6 = $80,000 + $150,000 = $230,000
I = 10%
NPV = $33,091.95
To find the NPV using a financial calacutor:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
I hope my answer helps you
The answer is letter C. There is a recession. It is a temporary economic decline when trade and business activities are lessened which leads to the GDP of the country to reduce in numbers. If the decline would last for at least 6 months, this will cause a major impact on the real GDP,
