Answer:
The correct answer is letter "C": Functional currency.
Explanation:
Functional currency is the monetary medium of exchange a company usually generates and expends money with. Functional currency represents the primary currency a firm uses for its operations which is likely to be the official currency of the region where it handles business but that does not always happen.
<em>For book-keeping purposes, a subsidiary's parent uses the functional currency of their operational functional environment.</em>
Answer: 13.25%
Explanation:
The expected portfolio return can be calculated as follows:
= (Expected return of stocks * Weight of stocks) + (Expected return of bonds * Weight of bonds)
= (15% * 75%) + (8% * 25%)
= 11.25% + 2%
= 13.25%
Answer:
extensary fiscal policy tools including increasing government spending discreasing taxing or increasing government transfer doing any of these things will increase aggregate demand leading to higher output higher employment and higher price level
They can begin by implementing an enterprise resource planning system. They may also focus on corporate social responsibility. Implementing a balanced scorecard approach and using activity based costing are also methods that this company can use to bring down their costs.
Answer:
1. Option (e) is correct.
2. Option (e) is correct.
Explanation:
(a) Weighted-average unit contribution margin:
= (Unit selling price of plain - plain's variable cost) × 60% + (Unit selling price of fancy - fancy's variable cost) × 40%
= (20 - 12) × 60% + (35 - 24.50) × 40%
= $4.8 + $4.2
= $9
(b) Break even sales:
= Annual fixed expenses ÷ Weighted-average unit contribution margin
= 45,000 ÷ 9
= 5,000