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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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Younger employees also are more likely to use the Internet and social media to accomplish their tasks. This is an example of the
DaniilM [7]

Answer: Expectation and norms

                                   

Explanation: In simple words, expectation refers to the believe that something would happen in the future in a certain way. While norms refers to something that is standard and very probable ion nature.

It is automatically assumed that young employees will use more technology as their generation is the when where the technology gained its pace. Thus, the assumption in the statement shows expectations and norms.

5 0
3 years ago
Donny owns and leases a coal mine to brian. the lease agreement states that brian will pay donny $4 per ton royalty on coal mine
Gnoma [55]

Answer: $25,000

Explanation:

Given Data:

Gross income from coal = $250,000

Income from trucking coal = $20,000

Royalty paid to Donny = $30,000

Taxable income on call excluding depletion = $40,000

Coal depletion rate = 10%

Lease agreement = $4/ton

Therefore:

brian's percentage depletion deduction for the current year is

= gross income x coal depletion rate

= $250,000 x 0.1

=$25,000

5 0
2 years ago
A company purchased inventory for $ 2 comma 000 from a vendor on​ account, FOB shipping​ point, with terms of 2​/10, ​n/30. The
Flauer [41]

Answer:

Inventory would be 1, 768

Explanation:

2,000  goods

 +200  freight-in (A)

  -400  returned goods

 <u>   -32 </u> discount (B)

1, 768 net amount for inventory

<u>Notes:</u>

(A) The freight-in will be included in the inventory, as is a cost needed to have the inventory in the company's possession and be ready to use or sell.

(B) goods x discount rate

net goods 2,000 - 4,00 return = 1,600

discount for payment within 10 days 2%

Discount on purchase: 1,600 x 2% = 32

8 0
3 years ago
In an​ expansion, taxes rise and government expenditures​ fall, and therefore act as automatic​ ________. Inflation is more like
Sergeu [11.5K]

Answer:

The correct answer is: stabilizers; destabilizer.

Explanation:

The automatic stabilizer is a government policy that correct fluctuations in the economy through their normal operation and hence they are called automatic stabilizers.  

Taxes and government spending are examples of automatic stabilizers.  

During an expansion, taxes increase with an increase in income and government spending decrease. These two without any intervention by the government automatically stabilize the economy.  

Automatic destabilizer causes fluctuations by their normal operation. An example of destabilizer is inflation which increases during expansion and causes fluctuations without any intervention.

6 0
3 years ago
A writer, an illustrator, a publisher and an agent would form a ______. a. functional team b. cross-functional team c. managemen
tresset_1 [31]

A Cross-functional team will be formed when a writer, an illustrator, a publisher and an agent work together.

<h3>What is a Cross-functional team?</h3>

This means the groups of people from various departments in an organization that work together to achieve a common goal.

Hence, when writer, an illustrator, a publisher and an agent work together, this is known as a Cross-functional team.

Therefore, the Option B is correct.

Read more about Cross functional team

<em>brainly.com/question/7628770</em>

6 0
2 years ago
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