Answer:
The overview of the given situation is described in the explanation section below.
Explanation:
(1)...
The actual exchange rate from either the viewpoint of U.S:
= 0.867
<u>Working:</u>
As per the British automobiles cost will be:
= £20,000 x $1.50/£ or $30,000
And the US car's cost compares to either the Uk car will be:
=
=
It demonstrates that the US car seems to be cheaper or affordable.
(2)...
From either the Uk view the actual exchange rate will be:
= 1.154
<u>Working: </u>
US automobile worth in pounds is equivalent to,
=
= £17,333.
The Uk vehicle's price compared to the US car currently amounts to,
=
=
(3)...
Cars or Automobiles are competitively priced in the US.
<u>Explanation:</u>
British vehicle exceeds,
=
= compared to the U.S car.
It also means that perhaps the British car is much more costly, and as such the U.S. car becomes valued more highly competitive.
Answer: The shares are deducted rather than added
Explanation:
The adjustment to the weighted-average shares for retired shares is the same as for issuing new shares when the shares are added rather than deducted, the shares are treated as being acquired at the end of the year and the shares are treated as being acquired at the beginning of the year.
Therefore, the adjustment to the weighted-average shares for retired shares is the same as for issuing new shares except when the shares are deducted rather than added.
Answer:
The rate of return on the investment is 10.79% per year
Explanation:
The rate of return on the bond can be calculated using the future value formula, which is given as :
FV=PV*(1+r)^N
FV future value is the value of investment at redemption at $25000
PV is the current price of the bond now at $4,850
r is the rate of return on the bond which is unknown
N is th number of years the bond matures which is 16 years
25000=4,850*(1+r)^16
divide both sides by 4850
(25000/4850)=(1+r)^16
divide the exponential on both sides by 16
(25000/4850)^1/16=1+r
1.107930178
=1+r
r=1.107930178
-1
r=0.10793
r=10.79%
Answer:
A) if it is deemed a necessary good
Explanation:
Minors are not usually bound by a contract, and most of the time they can avoid liability under a contract. Minors can only sign a valid contract if it includes something that is essential for them. Medicines, food and medical services are the only things that are usually considered essential for a minor.
So the store has to prove that selling her the cell phone was a necessity, and something essential for her. It is possible to prove that it was a necessity, but it is something very difficult to do.
But the fact that the contract is not valid doesn't mean that Lydia can do whatever she wants. Her parents are responsible for returning the cell phone or since she lost it, they are responsible for paying it.
If Jayda started the corporation, her position is founder and CEO of the business.