Answer:
D) is 20% above expectations.
Explanation:
The Augusta Division was supposed to earn a net profit of $1,000,000 (= $2,000,000 - $1,000,000). Since the division's manager and his/her team were able to cut reduce fixed costs to $900,000 and increase contribution margin to $2,100,000 (either by increasing selling price or reducing variable costs), then the division earned a net profit of $1,200,000 (= $2,100,000 - $900,000). This net profit is 20% higher than expected, therefore the manager's (and his/her team's) overall performance was 20% above expectations.
Answer:
C. The Federal Trade Commission
B. As soon as they have disposable income
Explanation:
Assuming the second CPI should be January 2016, not Jan 2015:
To calculate the rate of inflation (rate of change in CPI)
( CPI(2016) - CPI(2015) ) ÷ CPI(2015) x 100%
(236.916 - 233.707) ÷ 236.916 x100% = 1.35%
Answer:
A.5$
B.The difference between the interest rate on one-year dollar deposits and that on one-year euro deposits (assuming no repayment risk) is 5%
Explanation:
A.
The forward premium on euro is (1.26 - 1.20)/1.20 = 0.05 or 5%
B. The interest rate difference between one-year dollar deposits and one-year euro deposits (assuming no repayment risk) will be 5 percent because the interest difference must equal the forward premium on euro against dollars when the covered interest parity holds.
