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3 years ago

For each of the items listed below, indicate whether the item would be reported in the

Business

1 answer:

tresset_1 [31]3 years ago

4 0

Answer:

Note: The complete question is attached below as picture

Indication of how they should be reported are as follow:

1) Budgetary Schedules : FINANCIAL SECTION AS RSI (RSI)

2) Letter of Transmittal : INTRODUCTORY SECTION (I)

3) Legal debt limitations and debt margin : STATISTICAL SECTION (S)

4) A description of government's financial conditions : FINANCIAL SECTION AS MD&A (MDA)

5) Property tax collection and levy information : STATISTICAL SECTION (S)

6) Defined benefit pension plan schedules : FINANCIAL SECTION AS RSI (RSI)

7) Financial highlights of the fiscal year : FINANCIAL SECTION AS MD&A (MDA)

8) Auditors report : FINANCIAL SECTION (F)

9) 10-year data trend : STATISTICAL SECTION (S)

10) Notes to the financial report : FINANCIAL SECTION (F)

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3 years ago

The nominal exchange rate is the price of one currency in terms of another currency. A nominal exchange rate specifies how many

satela [25.4K]

Answer:

Approximate price of marble statue in USD is:

= Price of statue * Foreign Currency Cost of one unit

= 1,700 * 0.9213

= US$‭1,566.21‬

If the nominal exchange rate for the U.S. dollar–euro rises from $1.3457 to $1.547555 per euro, the euro appreciated in value, or appreciated, relative to the U.S. dollar.

If this direct rate increases from $1.3457 to $1.547555 per euro, it means that one Euro can now buy more dollars than before which means that it gained/ appreciated in value relative to the USD.

For instance: Before the change, €10 = 10 * 1.3457 = $10.3457

After the change, €10 = 10 * 1.547555 = 10.547555

Euro therefore became stronger relative to the USD.

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3 years ago

Some of the following future cash flows have been expressed in then-current (future) dollars and others in CV dollars. Use an in

Cloud [144]

Answer:

$62,267.91

Explanation:

first we must calculate the interest rate = 10% + 6% + (10% x 6%) = 16.6%

now we can use the present value formula:

present value = future value / (1 + rate)ⁿ

present values for:

cash flow year 0 = $17,100
cash flow year 3 = $46,500/1.166³ = $29,333.06
cash flow year 4 = $12,300/1.166⁴ = $6,654.43
cash flow year 7 = $26,900/1.166⁷ = $9,180.42

total present value = $62,267.91

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3 years ago

Read 2 more answers

An investment advisor has decided to purchase gold, real estate, stocks, and bonds in equal amounts. This decision reflects whic

BlackZzzverrR [31]

Answer:

1. Asset allocation

Explanation:

By allocating assets the investment advisor has found a way to balance risk and reward for its investors by considering their risk tolerance, goals and objectives towards the investments and the investment time frame with which the investors are to recieve their Return on Investment (ROI) or also called Profit.

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3 years ago

An investment project has annual cash inflows of $4,200, $5,100, $6,300, and $5,500, and a discount rate of 15 percent. a. What

Naddika [18.5K]

Answer:

It will take 1 year and 307 days to cover the initial investment.

Explanation:

Giving the following information:

Initial investment= $6,900

Cash flows:

Cf1= $4,200

Cf2= $5,100

Cf3= $6,300

Cf4= $5,500

Discount rate= 15%

The payback period is the time required to cover the initial investment. We need to discount each cash flow.

Year 1= 4,200/1.15 - 6,900= -3,247.83

Year 2= 5,100/1.15^2 - 3,247.83= 608.50

To be more accurate:

(3,247.83 / 3,856.33)*365= 307 days

It will take 1 year and 307 days to cover the initial investment.

6 0

3 years ago