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Kruka [31]
3 years ago
12

Given that inflation in the U.S. is projected at 2% annually for the next 5 years and at 8% annually in India for the same time

period, and Rupee/Dollar spot rate (R/$) is currently equal to 73.2115, obtain the exact relative PPP value of the spot rate (R/$) five years from now. Group of answer choices 97.4310 69.1442 55.0125 79.4310 77.5181
Business
1 answer:
mamaluj [8]3 years ago
7 0

Answer:

97.4310

Explanation:

Forward rate = Spot rate * (1 + Rate of inflation in India)/(1 + Rate of inflation in US)

Spot rate in 5 years = 73.2115 * (1+0.08)^5/(1+0.02)^5

Spot rate in 5 years = 73.2115 * (1.08)^5/(1.02)^5

Spot rate in 5 years = 73.2115 * (1.4693281/1.104081)

Spot rate in 5 years = 73.2115 * 1.330815493

Spot rate in 5 years = 97.4309984657695

Spot rate in 5 years = 97.4310

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University Car Wash built a deluxe car wash across the street from campus. The new machines cost $213,000 including installation
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Answer:

The depreciation schedule for six years is attached below.

Explanation:

8 0
3 years ago
Clarifying the issues of a problem is the _____ step in the problem solving process.
solmaris [256]

Answer:

hii there

The correct answer is option ( A )

8 Step Problem Solving Process

Step 1: Define the Problem. What is the problem?

Step 2: Clarify the Problem.

Step 3: Define the Goals.

Step 4: Identify Root Cause of the Problem.

Step 5: Develop Action Plan.

Step 6: Execute Action Plan.

Step 7: Evaluate the Results.

Step 8: Continuously Improve

Explanation:

Hope it helps

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8 0
3 years ago
Using the Rule of 70, if Slowland's GDP grows at 2% per year and Speedyland's GDP grows at 5% per year, how much quicker will Sp
Solnce55 [7]

Answer:

b. Speedyland will double its GDP 21 years quicker than Slowland.

Explanation:

According to the rule of 70, it tells about the number of years to double

For Slowlands

= 70 ÷ 2

= 35

For speedyland

= 70 ÷ 5

= 14

So if we take the difference than it comes

= 35 - 14

= 21

Hence, the correct option is b and the same is to be considered

And all other options are wrong

6 0
3 years ago
Pilfer Company acquired 90 percent ownership of Scrooge Corporation in 20X7, at underlying book value. On that date, the fair va
Alexandra [31]

Based on the cost of producing the inventory by Scrooge, the consolidated inventory balance on December 31 will be $20,100.

<h3>What is the inventory balance for the consolidated entity?</h3>

This can be found as:

= Cost of inventory sold to Pilfer - Amount of goods sold

Solving gives:

= 67,000 x (1 - 70%)

= 67,000 x 30%

= $20,100

Find out more on consolidated inventory at brainly.com/question/15415717.

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5 0
2 years ago
When using net present value to compare projects, the total cost approach?
amid [387]

When using net present value to compare projects, the total cost approach  Is the most flexible method available to compare projects. Includes all cash inflows and outflows under each alternative.

Total fee technique, the whole cost technique normally consists of subtracting the bid fee from the total cost of performance and including profit in the resulting amount. This method is closely disfavored with the aid of the forums and courts.

Producers usually define supply chain charges using the full value of ownership. the total cost of ownership is defined as the aggregate of the acquisition or acquisition fee of a great or carrier. To this, they add the extra expenses incurred earlier than or after the services or products are delivered.

The whole price formulation is used to combine the variable and fixed costs of providing goods to determine a complete. The system is total fee = (common constant value x common variable value) x quantity of gadgets produced. To use this component, you need to recognize the figures for your constant and variable fees.

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3 0
2 years ago
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