which type of managers of a business must answer to a board of directors regarding the company's fiscal performance

Your company expects to receive CAD 1,200,000 in 90 days. The 90 day forward rate for CAD is $0.80 and the current spot rate is

Masteriza [31]

Answer:

Cost of hedging = $24,000

Explanation:

cost of hedging = 1,200,000 * ($0.80 - $0.82) = 1,200,000 * $0.02 = -$24,000

Since the actual forward rate was higher than th eexpected forward rte, the coampny lost money by hedging the operation. The cost of hedging the operation was $24,000.

4 0

3 years ago

If the quantity supplied responds only slightly to changes in price, thenA. supply is said to be elastic.B. even a large decreas

Murrr4er [49]

Answer:

D. supply is said to be inelastic.

Explanation:

When the change in the quantity supplied of any good is less sensitive due to change in the price, then the supply is known as the inelastic and If the quantity supplied responds only slightly to changes in price, then supply is said to be inelastic.

6 0

3 years ago

Which of the following statements about federal taxes is TRUE? Everfi

Elanso [62]

Answer:

Federal takes are money you earn from working at a job.

Explanation:

4 0

3 years ago

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The operating income and the amount of invested assets in each division of Conley Industries are as follows: Operating income In

sergiy2304 [10]

Answer:

A.)

Retail division = 21.95%

Commercial division = 19%

Internet division = 26%

B.) INTERNET DIVISION HAS THE HAS THE HIGHEST RETURN ON INVESTMENT.

Explanation:

- - - - - - - - - - - - operating - - - - - - invested

Retail - - - - - - - 180,000 - - - - - - - 820,000

Commercial - - 81,700 - - - - - - - - 430,000

Internet - - - - - 83,200 - - - - - - - - 320,000

A.)

return on investment ;

Operating income ÷ invested asset

Retail division (180,000 ÷ 820,000) × 100 = 21.95%

Commercial division (81700 ÷ 430000) × 100 = 19%

Internet division (83200 ÷ 320000) × 100 = 26%

B.) Interest division has the most residual income.

3 0

3 years ago

Britney, a teenager, starts her own business of selling cupcakes to coffee shops and restaurants. she strives to increase either

castortr0y [4]

This is an example of <u>"Sales-oriented pricing objective".</u>

Pricing objectives are the objectives that control your business in setting the expense of an item or administration to your current or potential customers.

Sales-oriented pricing objectives try to help volume or market share. A volume increment is estimated against an organization's very own deals crosswise over explicit eras.

An organization's market share estimates its deals against the offers of different organizations in the business. Volume and market share are autonomous of one another, as an adjustment in one doesn't really enact an adjustment in the other.

7 0

3 years ago

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