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3 years ago

Help ASAP TRUE OR FALSE QUESTION

Business

2 answers:

Montano1993 [528]3 years ago

4 0

That answer is TRUE

Eva8 [605]3 years ago

3 0

Answer:

true I think.

Explanation:

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The current spot exchange rate is $1.55/£ and the three-month forward rate is $1.50/£. Based on your analysis of the exchange ra

Misha Larkins [42]

Answer:

b. Buy £1,000,000 forward for $1.50/£.

Explanation:

Let's say for instance, we agree to make purchase of €1,000,000 and then forward for $1.50/€ and we assume that the price turns out to become $1.62/€ in three months time, the expected profit will be $12,000 = €1,000,000 ($1.62 - $1.50)As we can see, answer d looks convincing from an accounting standpoint, but it is wrong because the question asks us to make money with a forward contract, not by holding a particular spot. The correct option should be option b.

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3 years ago

Rehmer Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.06 direct labor

Phoenix [80]

Answer:

Results are below.

Explanation:

Giving the following information:

Each unit of output requires 0.06 direct labor-hours.

The direct labor rate is $8.00 per direct labor-hour.

The production budget calls for producing 5,300 units in June and 5,800 units in July.

Direct labor budget June:

Direct labor hours= 5,300*0.06= 318

Direct labor cost= 318*8= $2,544

Direct labor budget July:

Direct labor hours= 5,800*0.06= 348

Direct labor cost= 348*8= $2,784

3 0

3 years ago

You buy a 6% coupon $1,000 par T-bond 59 days after the last coupon payment. Settlement occurs in two days. You become the owner

AfilCa [17]

Answer:

dirty price: 1,225.39

Explanation:

When we purchase the bond, we are paying the bond and the accrued interest

bond price: 1,000 x 120.59375/100 = 1,205.9375‬ = 1,205.94

accrued interest at purchase:

face value x bond coupon rate x time

1,000 par value x 6% x 59/(59+2+121) =

1,000 x 0.06 x 59/182 = 19,45

Total amount for the bonds: 1,205.94 + 19.45 = 1,225.39

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3 years ago

Zirconia Fantasy sells only necklaces. 8 comma 000 units were sold resulting in $ 240 comma 000 of sales revenue, $ 60 comma 00

Naya [18.7K]

Answer:

$66,667

Explanation:

Contribution margin = Sales Revenue - Variable cost = 240000-60000 = 180000

Percentage of contribution margin = Contribution margin / sales revenue = 180000 / 240000 = 75%

Breakevent point in total sales = Fixed costs / Percentage of contribution margin

= 50000/0.75 = $66,667

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3 years ago

The difference in average annual income in favor of employees who have college degrees, compared with those who do not have such

Kay [80]

Answer yee:

Explanation:

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3 years ago