Answer:
Forward market.
Explanation:
Transaction exposure represent the uncertatinity level where the business is involved in the trade that to be done on the international level. It is the risk where the currency exchange rate fluctuates when the financial obligation is undertaken by the firm
So as per the given situation, it engaged in all the things except the forward market because in all other things it is engaged by the MNC
Therefore the first option is correct
Answer:
d. It can usually be synced to a handheld device
Explanation:
One helpful feature of most Web 2.0 organization software is that it can usually be synced to a handheld device.
Answer:
01-Jan-19
Dr Cash $1,000,000
Cr Bonds Payable $1,000,000
Explanation:
Preparation of the Journal entry for Providence, Inc
Based on the information given we were told that the company issues the amount of $1,000,000 of 10% which include 5-year bonds at par value on January 1, 2019, this means that the Journal entry will be recorded as:
01-Jan-19
Dr Cash $1,000,000
Cr Bonds Payable $1,000,000
(To record bonds at par value)
Answer: $415,688
Explanation:
First find the future value of paying $1,200 every month for 360 months.
This is the future value of an annuity:
= Payment * ([1 + interest) ^ no. of periods - 1) / interest
Use periodic interest = 5.75%/ 12
30 years * 12 = 360
= 1,200 * ( ( 1 + 5.75%/12)³⁶⁰ - 1) / 5.75% / 12
= $1,149,357.14
Future value of the loan amount is:
= 280,000 * (1 + 5.75% / 12) ³⁶⁰
= $1,565,045.14
Ballon Payment = 1,565,045.14 - 1,149,357.14
= $415,688
