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Maurinko [17]
3 years ago
13

Assume a U.S.-based MNC is borrowing Romanian leu (ROL) at an interest rate of 8% for one year. Also assume that the spot rate o

f the leu is $.00012 and the one-year forward rate of the leu is $.00010. The expected spot rate of the leu one-year from now is $.00011.What is the effective financing rate for the MNC assuming it borrows leu on an uncovered basis?
a) 10%
b) –10%
c) –1%
d) 1%
e)None of the above
Business
1 answer:
gregori [183]3 years ago
4 0

Answer:

c. -1

Explanation:

Base on the scenario been described in the question, we can use the following method to solve the given problem

Solution:

Depreciation of leu: .00010/.00011 – 1

Depreciation of leu = -9.09%

Effective financing rate: (1.08) x [1 + (-9.09%)] – 1 = -1.82%.28.

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anyanavicka [17]

Answer:

c) finish-to-start; start-to-start

Explanation:

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The most common type of dependency in all projects (no matter the nature or industry) is the finish-to-start one, where the activity A needs to be completed before activity B starts, e.g. base nail polish has to be put before the top coat gets put on the nails.

The second most common type of dependency is the<em> start-to-star</em>t one, where two activities need to start at the same time. This is common for activities where synchronization is paramount.

3 0
3 years ago
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Chelsea, Inc. uses the job costing method and uses direct labor hours as the allocation base. In 2016, the total estimated and a
REY [17]

Answer:

3. MOH allocated to job= predetermined MOH rate * actual amount of allocation base used by the job

Explanation:

3. MOH allocated to job= predetermined MOH rate * actual amount of allocation base used by the job

The predetermined overhead rate is used to apply manufacturing overhead costs to production jobs. the quantity of a cost driver required by a particular job is multiplied by a predetermined overhead rate to determine the amount of overhead cost applied to the job.

An estimate is made of

  1. the amount of manufacturing over head that will be incurred during a specific period of time and
  2. the amount of the cost driver ( or activity base) that will be used or incurred during the same time period. the predetermined overhead rate is computed as follows

Predetermined Overhead Rate= Budgeted Manufacturing Overhead Cost/ Budgeted amount of cost driver

The predetermined overhead rate is used to apply manufacturing overhead costs to production jobs. The quantity of the cost driver ( or activity base ) required by a particular job is multiplied by the predetermined overhead rate to determine the amount of overhead cost applied to the job.

6 0
3 years ago
This is one of the questions I have and I have no idea what they might be
Westkost [7]

Answer:

1) You get what you get and don't throw a fit?

2)Be patient???

I hope this helps TwT

6 0
2 years ago
You own a portfolio that has $1,600 invested in Stock A and $2,700 invested in Stock B. Assume the expected returns on these sto
Rina8888 [55]

Answer:

the expected return on the portfolio is 14.77%

Explanation:

The computation of the expected return on the portfolio is shown below:

The expected return is

= ($1,600 ÷ $4,300) × 11% + ($2,700 ÷ $4,300) × 17%

= 14.767 %

= 14.77%

The $4,300 comes from

= $1,600 + $2,700

= $4,300

hence, the expected return on the portfolio is 14.77%

The same is considered

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3 years ago
What is it called when any amount of money is debited (subtracted) from the checking account?
blsea [12.9K]
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