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Serhud [2]
3 years ago
7

Many of the responsibilities associated with working in a professional sport organization, such as the National Football League

(NFL) or the Big Ten, entail responsibilities similar to those found in collegiate athletic administration.
True / False.
Business
1 answer:
I am Lyosha [343]3 years ago
8 0

Answer:

False

Explanation:

Many of the responsibilities associated with working in a professional sport organization is similar to the responsibilities found in collegiate athletic administrations

Collegiate athletic administration is a body that regulates student athletes from North American it generally covers unprofessional and university level competitive games and it is non-profit . while professional sport organizations have vast responsibilities that are applicable to collegiate athletic administration

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The current USD/euro exchange rate is 1.4000 dollar per euro. The six month forward exchange rate is 1.3950. The six month USD i
Zigmanuir [339]

Answer:

the six month euro interest rate is 1.36%

Explanation:

Spot exchange rate: 1.4 USD/ EUR

6 month forward rate: 1.3950 USD/EUR

Domestic interest rate: 1% pa

Foreign interest rate: the six month euro interest rate?

We have the formula:

Forward rates =  Spot rate * (1+domestic interest rate)/(1+foreign interest rate)

⇔ 1.3950 = 1.4 *(1+1%)/(1+foreign interest rate)

⇔ 1+foreign interest rate = 1.4 *(1+1%)/1.3950

⇔foreign interest rate = 1.01362 - 1 = 0.01362

⇒ the six month euro interest rate is 1.36%

7 0
3 years ago
Bina Co. purchased a machine on January 1st for $15,000 and estimates it will use the machine for three years with a $3,000 salv
KATRIN_1 [288]

The machine's second year depreciation expense is $3,200.

Depreciation is a method that is used to expense the cost of an asset. The units-of-production depreciation method determines the depreciation expense based on the units of goods that the machine produces in a given year.

Unit of production depreciation expense = (unit of goods produced in year 2 / total units the machine can produce) x (cost of the asset - salvage value)

Total units the machine can produce = 1500 + 1250 + 1000 = 3750

(1000 / 3750) x ($15,000 - $3,000) = $3,200

A similar question was answered here: brainly.com/question/15858628?referrer=searchResults

4 0
2 years ago
Preparing the statement of cash flows Polk Street Homes had the following cash transactions for the month ended July 31, 2018.Ca
MrRissso [65]

Answer:

Explanation:

The preparation of the Cash Flows from three Activities - Direct Method is shown below:  

Cash flow from Operating activities  

Cash receipts:

Collections from customers $25,000

Less: Cash payments:

Rent -$500

Utilities -$2,000

Salaries -$1,500

Net Cash flow from Operating activities $21,000

Cash flow from Investing activities  

Purchase of equipment -$25,000

Net Cash flow from Investing activities -$25,000

Cash flow from Financing activities  

Issued common stock $13,000

Less: Payment of cash dividends -$4,000

Net Cash flow from Financing activities $9,000

Net Cash flow from Operating activities $21,000

Net Cash flow from Investing activities -$25,000

Net Cash flow from Financing activities $9,000

Net increase (decrease) in cash for the year is $5,000

Add: Cash balance, July 1, 2018 $14,000

Cash balance, July 31, 2018 $19,000

6 0
3 years ago
Photo Framing's cost formula for its supplies cost is $1,090 per month plus $19 per frame. For the month of November, the compan
Zepler [3.9K]

Answer:

Spending Variance    $389   Unfavorable

Explanation:

<em>The spending variance is the difference between the standard cost allowed for the actual level of activity and the actual cost incurred.</em>

                                                                              $

Standard allowance ($19× 609) + 1090         12,661    

Actual cost                                                        1<u>3,050</u>

Spending Variance                                           <u>  389   Unfavorable</u>

5 0
3 years ago
Read 2 more answers
The best time for a manager to practice a democratic leadership style is when the manager wants:
Annette [7]
A. Little or no feedback because the manager wants to know a little bit of feedback so they know what to do
6 0
3 years ago
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