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3 years ago

Weighted Average Method, Separate Materials Cost

Business

1 answer:

Nutka1998 [239]3 years ago

8 0

Sir sis so did. I. Dog go. Sidney nx be I. Six six Ron is considered 38!:83738:! &;!Eli 48 848;

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Use the information below to answer the following questions. Currency per U.S. $ Australia dollar 1.2376 6-months forward 1.2357

gladu [14]

Answer:

A. 3.00%

B. 2.99%

C. 2.99%

Explanation:

A. Calculation to determine What must the six-month risk-free rate be in Australia

As per Interest Rate Parity:-

Forward Rate/Spot Rate = Interest in Australia/ Interest In USA

1.2357/1.2376=Interest in Australia/0.03

Hence,

Interest in Australia=1.2357*0.03/1.2376

Interest in Australia= 2.995%

Interest in Australia=3.00%

Therefore What must the six-month risk-free rate be in Australia is 3.00%

B. Calculation to determine What must the six-month risk-free rate be in Japan

Forward Rate/Spot Rate = Interest in Japan/ Interest In USA

100.0600/ 100.3200 =Interest in Japan/0.03

Hence,

Interest in Japan =100.0600 *0.03/ 100.3200

Interest in Japan= 2.99%

Therefore What must the six-month risk-free rate be in Japan is 2.99%

3. Calculation to determine What must the six-month risk-free rate be in Great Britain

Forward Rate/Spot Rate = Interest in Great Britain/ Interest In USA

.6780 /.6793=Interest in Great Britain/0.03

Hence,

Interest in Great Britain= .6780*0.03/0.6793

Interest in Great Britain=2.99%

Therefore What must the six-month risk-free rate be in Great Britain is 2.99%

8 0

3 years ago

The competitive equilibrium rent in the city of Lowell is currently $1,000 per month. The government decides to enact rent cont

Zarrin [17]

Answer:

The answers are:

For someone who is currently renting an apartment, he or she should be better off with rent control as long as they keep renting the same apartment. They will pay a lower price.
For someone who is moving to Lowell, he or she will be worse off because the quantity supplied for apartments on Lowell will decrease (price ceilings always decrease the quantity supplied). So it will be very hard for him to find a suitable apartment.
For the landlord that abides by the law, he will be worse off because he will lose money. He should be earning more money but due to the rent control, his earnings decrease.
For the landlord that decides to ignore the, he will eventually be worse off by his actions, since illegal activities always have a sour ending. He will eventually be caught and will probably have to pay a fine of some sort.

3 0

4 years ago

Jordan deposits $100 into a savings account that pays him with a compound interest rate of 3%. Justin deposits $100 into an acco

ipn [44]

Answer:

Jordan

Explanation:

Given that :

JORDAN :

Principal (P) = $100

Compound interest rate (r) = 3%

AMOUNT AFTER 3 YEARS:

A = P(1 + r/n)^nt

n = number of times interest is applied per period

t = time ; A = final amount

A = 100(1 + 0.03)^3

A = 100(1.03)^3

A = 100(1.092727)

A = $109.2727

JUSTIN :

Principal = $100

SIMPLE INTEREST interest rate = 3%

A = P(1 + rt)

A = 100(1 +(0.03 * 3))

A = 100(1 + 0.09)

A = 100(1.09)

A = 1.09 * 100

A = final amount after 3 years = $109

4 0

3 years ago

Crane, Inc. had net sales in 2020 of $1,488,400. At December 31, 2020, before adjusting entries, the balances in selected accoun

Arte-miy333 [17]

Answer:

Explanation:

The journal entry to record the bad debt expense is shown below:

Bad debt expense A/c Dr $11,181

To Allowance for doubtful debts $11,181

(Being bad debt expense is recorded)

The computation of the bad debt expense is shown below:

= (Accounts receivable × estimated percentage given ) - (credit balance of Allowance for Doubtful Accounts)

= ($206,300 × 7%) - ($3,260)

= $14,441 - $3,260

= $11,181

4 0

3 years ago

How can i prepare database in access

anyanavicka [17]

If you meann microsoft accsess, heres a link to a helpful page! http://www.wikihow.com/Make-a-Database-Using-MS-Access
hope this helps!

7 0

3 years ago