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Temka [501]
3 years ago
7

Mondo Corporation is a U.S. firm that invoices some of its exports in Japanese yen. If it expects the yen to weaken, it could __

__ to hedge the exchange rate risk on those exports.
Business
1 answer:
Allisa [31]3 years ago
5 0

Answer:

The answer is 'sell future contracts on yen

Explanation:

Futures contract is a form of derivative that is standardized. It occurs through the exchange rather than over the counter. It is safe from default or counterparty risk because the clearing house guarantees any loss.

Futures contract obligates the parties involved to either buy or sell the underlying security.

Because Mondo corporation is expecting some of its exports in yen and it is afraid of fall in exchange of yen relative to US dollar, to hedge the risk, it must sell future contracts on yen.

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It is dangerous because the bus could brake the things could get stuck and the bus is to big
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2 years ago
Sarah's company encourages her to tolerate ambiguity and reward her employees for taking risk. In​ addition, she often has descr
Alik [6]

Answer:

Innovative company culture

Explanation:

This Characterizes a particular form of corporate culture mainly aimed at promoting creativity in business. Innovation Culture is the working environment that managers create to promote and apply unorthodox thought. Work environments that promote a creativity culture generally believe that creativity is not a leading province but it can originate from everyone.

7 0
3 years ago
A case study in the chapter analyzed purchasing-power parity for several countries using the price of Big Macs. Here are data fo
goblinko [34]

Answer:

Predicted exchange rate = Country price of Big Mac/ US price of Big Mac

Predicted exchange rate:

Chile = 2,050 / 4.37

= 469.11 Pesos / US dollar

Hungary = 830 / 4.37

= 189.93 Forints / USD

Czech Republic = 70 / 4.37

= 16.01 Korunas / USD

Brazil = 11.25 / 4.37

= 2.57 Real/ USD

Canada = 5.41 / 4.37

= 1.24C$/ US$

<em>According to purchasing power parity, the predicted exchange rate between the Hungarian forint and the Canadian dollar is </em><em><u>153.42 Forint per C$</u></em><em>. However, the actual exchange rate is </em><em><u>217 Forint per Canadian Dollar</u></em><em>. </em>

Predicted exchange rate = 830 / 5.41 = 153.42 Forint per C$

Actual Exchange rate = 217/1 = 217 Forint per C$

5 0
3 years ago
During 2017, Ziplock Manufacturing expected Job No. 89 to cost $700,000 in overhead, $1,000,000 in direct materials, and $500,00
irga5000 [103]

Answer:

a. not able to be determined from the provided information.

Explanation:

For determining the over applied or under applied, first, we have to compute the predetermined rate based on the direct material cost which is  

= $700,000 ÷ $1,000,000

= $0.70

Now the applied overhead is  

= $0.70 × $1,200,000

= $840,000

And, the actual overhead amount is not given by which we can find out the underapplied or overapplied overhead amount

So, in this case, the correct option is a.

7 0
3 years ago
Elisa was involved in three auto accidents this year. Even though none was her fault, her insurance company increased her rates.
Ket [755]

Your insurance carrier might have to raise your rates to pay for the vehicle's damage or medical if a person involved needs it.

5 0
3 years ago
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