Answer: The statement is <u>TRUE.</u>
Explanation: The theory of purchasing-power parity is an economic theory that tries to calculate the exchange rate between the currencies of two countries necessary so that the same basket of goods and services can be purchased in the currency of each one, that is, so that the purchasing power (or purchasing power) ) of both currencies is equivalent.
Answer:
Sell pound forward
Explanation:
Forward rate = $1.51 *(1+2.65%) = 1.51 * 1.0265 = 1.55
Amount receivable in case of forward hedge = 100,000 * 1.55 = 155,000
Premium payable on put options = 100,000 * 0.3 = 3,000
Amount receivable in put options = 100,000 * 1.54 = 154,000
Net receivables in put options = 154,000 - 3,000 = 151,000
Conclusion: Higher amount is available in case of forward hedge. So, sell pound forward
Answer: The whole of $7,500 moving expenses
Explanation:Mike Hansen is entitled to the deduction of $7,500 moving expenses from his adjusted gross income.
The IRS now allows employees to deduct any moving expenses incurred by them to be deducted from their adjusted gross income before taxation.
The best way that Hank would handle this situation would be to Remind the American employees that the Indians may be showing respect by remaining silent.
<h3>Why the Indians may be silent</h3>
The reason for this silence could be due to the fact that the people are from a region where the society frowns at talking back to authority.
Understanding these people's culture would make the Michigan's understand why the people are that way.
Read more on culture here:brainly.com/question/514395
<span>It is believed to be factual or true by most people.</span>
