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fredd [130]
3 years ago
10

Which term defines using currency derivatives to reduce potential currency risks due to currency exchange rate movement that cou

ld lead to losses for a firm?Which term defines using currency derivatives to reduce potential currency risks due to currency exchange rate movement that could lead to losses for a firm?Which term defines using currency derivatives to reduce potential currency risks due to currency exchange rate movement that could lead to losses for a firm?
Business
1 answer:
Fudgin [204]3 years ago
5 0

Answer:

Hedging

Explanation:

The term that defines using currency derivatives to reduce potential currency risks due to currency exchange rate movement that could lead to losses for a firm is known as <u>Hedging</u>. Hedging is a financial strategy in which an equal and opposite position is undertaken in the financial portfolio which offsets the risk and prevent loss from any adverse movement in the price of the underlying assets.

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Fairweather Corporation purchases merchandise on terms of 2/15, net 40, and its gross purchases (i.e., purchases before taking o
Kobotan [32]

Answer:

The answer is $53,699

Explanation:

Discount = 2%

Discount days = 15 days

Net days = 40 days

Gross purchase is $800,000 per year

Discount on the purchase is $16,000(2% of $800,000)

Therefore net purchase is $784,000($800,000 - $16,000).

Net per day is:

Net purchase ÷ 365 days

$784,000 ÷ 365 days

= $2,147.95

Total trade credit = Net per day x Net days

$2,147.95 x 40 days = $85,918

Free credit = Net per day ×Discount days

=$2,147.95 x 15= $32,219

Therefore, Costly trade credit = Total credit −Free credit

$85,918 - $32,219

= $53,699

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3 years ago
eight cards are marked 3,4,5,6,7,8,9, and 10 such that each card has exactly one of these numbers. A card is picked without look
GREYUIT [131]
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6 0
3 years ago
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7 0
3 years ago
In 1993, when Fischer began his tenure at Kodak, the film industry was evolving from one type of change which was slow to anothe
Pavel [41]

Answer:

<u><em>Radical change</em></u>

Explanation:

A distinguishing feature of radical change is that it is rapid in terms of ground breaking breakthrough innovations.

Thus, In 1993 the film industry was experiencing breakthrough innovations such as the release of the blockbuster movie "Jurassic park" which introduced high-tech special effects in the film industry.

5 0
3 years ago
A bank of 10 machines requires regular periodic service. Machine running time and service time are both exponential. what is the
marishachu [46]

Answer:

hello your question lacks some details below is the complete question

A bank of 10 machines requires regular periodic service. Machine running time and service time are both exponential. Machines run for an average of 44 minutes between service requirements, and service time averages six minutes per machine

If operators cost $15 per hour in wages and fringe benefits and machine downtime costs $75 per hour in lost production, what is the optimal number of operators for this bank of machines?

A 1

B 2

C 3

D 4

E 5

Answer : 3 operators ( c )

Explanation:

number of machines = 10

machine run time for each = 44 minutes

service time = 6 minutes

cost of each operator = $15 per hour

loss during machine down time = $75 per hour

hence the optimal number of operators  

The total minutes the machine would work in a hour

= (60 - 6) * 10 = 540 minutes  

assuming we assign 180 minutes to each operator then each operator would cost = 15 * 3 = $45

for three operators that would be = 45 * 3 = $135

lost inquired during down time

= 6 minutes * 10 = 60 minutes  i.e the total cost inquired per hour = $75

hence 3 operators would be an optimal number of operators because the operators would work lesser hours and more efficiently as well

5 0
3 years ago
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