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Flura [38]
3 years ago
14

Assume that General Electric (GE)'s current assets are $401 billion, fixed assets are $797 billion, current liabilities are $323

billion, and long-term liabilities are zero. Calculate GE's translation exposure using current/noncurrent, monetary/nonmonetary, temporal, and current rate methods.
Business
1 answer:
notka56 [123]3 years ago
8 0

Answer:

Answer is explained below in the explanation section.

Explanation:

Solution:

We can not solve this question as it lacks necessary data.

1. GE's Translation Exposure using current/noncurrent:

$401 billion - $401 billion = 0.

0 is the GE's translation exposure using current/noncurrent method.

2. Using Monetary/Non-monetary:

We can not calculate this requirement as we don't have the breakdown of GE's assets and liabilities under monetary/nonmonetary. So, it is not possible under the given information.

3. GE's Translation Exposure using Temporal method:

Again, we do lack necessary data to solve for this requirement. We need GE's breakdown of current assets and inventory and monetary assets to solve this question. Therefore, it is not possible to solve this question.

4. GE's Translation Exposure Using Current Rate methods:

GE's Exposure = (Current Assets + Fixed Assets) - Current Liabilities

GE's Exposure = ($401 billion + $797 billion) - $323 billion

GE's Exposure = ($1198 billion) - $323 billion

GE's Exposure = $875 billion

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otez555 [7]

Answer:

The systematic portion of the unexpected return is 1.180% and the unsystematic portion was 0.288%

Explanation:

E(R) = 0.034 + 1.18*(0.108 - 0.034) = 0.12132

R - E(R) = 0.136 - 0.12132 = 0.01468

RM - E(RM) = 0.118 - 0.108 = 0.01

[RM - E(RM)] * Beta = 0.01 * 1.18 = 0.0118 = 1.180%

[R - E(R)] - [RM - E(RM)] * Beta = 0.01468 * 0.0118 = 0.00288 = 0.288%

8 0
3 years ago
Data concerning Farm Corporation's single product appear below: Selling price per unit $ 320.00 Variable expense per unit $ 76.8
lara [203]

Answer:

$224,000

Explanation:

Contribution margin = Selling price - Variable cost

= $320 - $76.8

= $243.2

Contribution margin ratio = Contribution margin / Sales

= $243.2 / $320

= $0.76 × 100

= 76%

Break even point = Fixed cost / Contribution margin ratio

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7 0
3 years ago
If staff salaries were $44,000/month last year, and the yearly cost increase from last year to this year $108,000, what is the m
andre [41]

Answer:

The monthly labor cost this year=$53,000

Explanation:

<em>Step 1: Determine yearly cost of labor last year</em>

T=C×N

where;

T=total cost of labor last year

C=labor cost per month

N=number of months in a year

In our case;

T=unknown, to be determined

C=$44,000 per month

N=12 months

Replacing;

T=(44,000×12)=$528,000

<em>Step 2: Determine yearly cost of labor this year</em>

This years cost of labor can be expressed as;

Y=T+I

where;

Y=this year's labor cost

T=last years labor cost

I=the increase in cost from last year to this year

In our case;

Y=unknown to be determined

T=$528,000

I=$108,000

Replacing;

Y=(528,000+108,000)=$636,000

<em>Step 3: Determine monthly cost of labor for this year</em>

Monthly labor cost this year=this years labor cost/number of months in a year

where;

Monthly labor cost this year=unknown to be determined

this years labor cost=$636,000

number of months in a year=12

Replacing;

Monthly labor cost this year=(636,000/12)=$53,000

The monthly labor cost this year=$53,000

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