Answer:
The nominal annual percentage cost of its non-free trade credit, based on a 365-day year is 0.2795%
Explanation:
The computation of the nominal annual percentage is shown below:
= Discount rate ÷ (100 - discount rate) × ({Total number of days ÷ payable days} - discount days)
= 2% ÷ ( 100 - 2%) × (365 days ÷ 65 days - 15 days)
= 2% ÷ (98% × 7.3)
= 2% ÷ 7.154
= 0.2795%
The net purchase amount is irrelevant. hence, this part is ignored
Answer:
Explanation:
Q(8) =15 - 0.5 x 10 - 0.8 x 8 = 15-5-6.4=3.6
Q(10) =15 - 0.5 x 10 - 0.8 x 10 =15-5-8= 2
Cross Elasticity = -0.2 / 0.8 = -0.4
Strategic aliance is collaborative relationship between independent firms. Though this relationship the partnering firms do not invest in one another, which means <span>do not create an equity partnership</span>
<span>Example is when Cisco systems inc. of San Jose, California, and Tata consultancy services of Mumbai, India, entered into their strategic aliance. They both continued to develop market-ready infrastructure and network solutions for customers, but they relied on each other to provide the training and skills that one or the other might have lacked.</span>
Answer:
The exchange rate implies in exchange rate of $1.75 but current market exchange rate is $1.80 which means that the dollar is undervalued and pound is over valued in the market.
We will buy Dollar in the market and use these dollars to buy gold and then sell this gold in Euros
E.G Buy a $1000 from the market for £555(10,000*1/1.8)
After that we can by 28.5(1000/35) ounces of gold from that and sell the gold for £571(20*28.5). This way we make a profit of £16 (571-555) without taking any risk.
Explanation:
Well, insurance or taxes! :D
