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2 years ago

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The dollar-euro exchange rate is $1.25 = €1.00 and the dollar-yen exchange rate is ¥100 = $1.00. What is the euro-yen cross rate

? Group of answer choices ¥1.00 = €0.80 ¥125 = €1.00 None of the above ¥1.00 = €125

1 answer:

ivann1987 [24]2 years ago

5 0

Answer:

¥1.00 = €0.80

Explanation:

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Which of the following is true of accrual basis accounting and cash basis accounting? A. Cash basis accounting records all tran

Fed [463]

Answer: Option C is true about Accruals basis

Explanation:

Cash basis states that transactions are only recognized when cash is received and paid. Some of the short comings of the cash basis was it didn’t regard the period in which transactions occured, etc

Accrual basis states that revenue is recognized when earned and expenses when incurred and not when cash is received or paid.

Option 1 is wrong because cash basis only records cash transactions.

Option 2 is wrong because Accruals basis is recognized by GAAP

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3 years ago

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Dietterich Electronics wants its shareholders to earn a return of 15% on their investment in the company. At what price would t

Tema [17]

Answer:

(a) price stock need = $1.667

(b) price stock need = $6.667

(c) price stock need = $11.667

(d) price stock need = $16.667

Explanation:

given data

return = 15% = 0.15

to find out

what price would the stock need to be priced today

a. $0.25 constant annual dividend forever?

b. $1.00 constant annual dividend forever?

c. $1.75 constant annual dividend forever?

d. $2.50 constant annual dividend forever ?

solution

(a) price stock need = $\frac{0.25}{0.15}$

(a) price stock need = $1.667

(b) price stock need = $\frac{1.00}{0.15}$

(b) price stock need = $6.667

(c) price stock need = $\frac{1.75}{0.15}$

(c) price stock need = $11.667

(d) price stock need = $\frac{2.50}{0.15}$

(d) price stock need = $16.667

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2 years ago

Since your first birthday, your grandparents have been depositing $ 1 comma 000 into a savings account on every one of your bir

nika2105 [10]

Answer:

The amount of money in my savings account will be closest to $29,213

Explanation:

A fix Payment for a specified period of time is called annuity. The Compounding of these payment on a specified rate is known as Future value of annuity. In this question $1,000 per year payment for 18 years at 6% interest rate is also an annuity.

We can calculate the amount of saving by calculating the future value of the given annuity.

Formula for Future value of annuity is as follow

Future value of annuity = FV = P x ( [ 1 + r ]^n - 1 ) / r

Where

P = Annual payment = $1,000

r = rate of return = 6%

n = number of years = 18 years

Placing Value in the formula

As on the 18th payment no compounding interest income is accrued yet because grandparent made it now.

Future value of annuity = FV = $1,000 + 1,000 x ( [ 1 + 6% ]^18-1 - 1 ) / 6%

Future value of annuity = FV = $1,000 + 1,000 x ( [ 1 + 0.06 ]^17 - 1 ) / 0.06

Future value of annuity = FV = $29,213

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2 years ago

How has tobacco use changed over the last few decades?

Levart [38]

It has significantly decreased

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2 years ago

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_____________ include all of the groups and/or individuals affected by a decision, policy, or operation of a firm or individual.

jeka57 [31]

Answer:

<u>Business ethics.</u>

Explanation:

Business ethics is the set of ethical and moral principles that exist in an organization to regulate its activities, actions and decisions that occur in the organization. The set of ethical values is directly determined by the organizational culture, and should be shared with all employees and organizational levels, as it is the business conduct of the company.

When well-established, corporate ethics ensure and motivate positive behavior, enhance a company's reputation and ensure its safety in the marketplace.

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2 years ago