a monopolly unlike a perfectly competitive firm has some market power.
The nominal exchange rate is the price of one currency in terms of another currency. A nominal exchange rate specifies how many units of one country's currency are needed to buy one unit of another country's currency. Suppose the following table presents nominal exchange rate data for November 26, 2014, in terms of U.S. dollars per unit of foreign currency. Use the information in the table to answer the questions that follow.
Foreign Currency Cost of one unit Foreign Currency
Brazilian real (BRL) 0.5148
Canadian dollar (CAD) 0.9213
Euro (EUR) 1.3457
Japanese yen (JPY) 0.008226
Mexican peso (MXN) 0.0926
United Kingdom pound (GBP) 1.9695
Suppose that on November 26, 2014, a marble statue handmade in Canada is priced at CAD 1,700. The approximate U.S. dollar price of the statue would be_______ . If the nominal exchange rate for the U.S. dollar–euro rises from $1.3457 to $1.547555 per euro, the euro_______ in value, or_________ , relative to the U.S. dollar.
Answer:
Approximate price of marble statue in USD is:
= Price of statue * Foreign Currency Cost of one unit
= 1,700 * 0.9213
= US$1,566.21
If the nominal exchange rate for the U.S. dollar–euro rises from $1.3457 to $1.547555 per euro, the euro appreciated in value, or appreciated, relative to the U.S. dollar.
If this direct rate increases from $1.3457 to $1.547555 per euro, it means that one Euro can now buy more dollars than before which means that it gained/ appreciated in value relative to the USD.
For instance: Before the change, €10 = 10 * 1.3457 = $10.3457
After the change, €10 = 10 * 1.547555 = 10.547555
Euro therefore became stronger relative to the USD.
The approximate U.S. dollar price of the statue would be $1565.21.
If the nominal exchange rate for the U.S. dollar-euro rises from $1.3457 to $1.547555 per euro, the euro appreciated in value or appreciated, relative to the U.S. dollar.
The approximate price of marble statue in USD will be:
= Price of statue × Foreign currency cost
= 1700 × 0.9213
= $1566.21
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Kirk decides to use the simplified option for his home office deduction on his 2019 income tax return. He figures he uses 200 square feet of his home for business. What is his allowable home office deduction?
a. $0
b. $600
c. $1,000
d. $2,000
Answer:
c. $1,000
Explanation:
For 2019 allowable home office, deduction is prescribed at a rate of $5 per square feet for a maximum of 300 square feet.
Deduction allowed = 200 * $5 per square feet
Deduction allowed = $1,000
So, his allowable home office deduction is $1,000
Sheldon must take a required minimum distribution from his retirement plan by December 31, 2020 to avoid an additional tax due.a) trueb) false
Answer:
Explanation:
A
You have discovered that for a certain group of stocks, large positive price changes are always followed by large negative price changes. This finding is a violation of the ________ form of the efficient market hypothesis.
Answer:
Strong form
Explanation:
Efficient market hypothesis states that all information about a set of investment in a market is readily available, so it is impossible to beat the market and make unusual profit.
There are different forms that looks at the availability of public and non public information in the market system and their effect on stock prices.
The strong form of the efficient market hypothesis states that both public and non public information is accounted for in the price of a stock, therefore there is no way an investor can make unusual profit.
If a certain group of stocks have large positive price changes followed by large negative price changes, it is a violation of strong form of the efficient market hypothesis.
Last year, Bailey bought a bond for $1,000 that promises to pay $110 a year. This year, a person who buys a bond for $1,000 receives $125 a year. If Bailey were to sell his (old) bond, its price would be approximately:__________.a. $880.b. $1,125.c. $1,136.d. $1,110.
Answer:
a. $880.
Explanation:
Bailey bought a bond for $1,000 that promises to pay $110 a year.
The interest rate was 110/1000 * 100 = 11%
This year, $1,000 receives $125 a year= 125/1000 * 100 = 12.5%. So, this year the interest rate now rises to 12.5%.
If Bailey were to sell his (old) bond, the price should be 110/12.5% = 110/0.125 = $880.
After Sandra finishes making her list, she does a bit of research to learn about the different technologies available. She
is
Answer:
finding options
Explanation:
Which of the following most clearly represents an illegal termination of employment?
a. A builder fires one of his carpenters for showing up late to work, without asking the carpenter why he was late.
b. A mechanic is fired after refusing to wear the safety gear required by the shop owners.
c. A delivery service manager fires a female employee after making numerous comments about how unreliable he thinks women are.
d. A waitress quits her job in the middle of a shift because the restaurant is understaffed and patrons are getting upset.
Answer: c. A delivery service manager fires a female employee after making numerous comments about how unreliable he thinks women are.
Explanation:
It is explicitly prohibited by Federal law to fire someone on the basis of their gender. The delivery service manager in this scenario did just that when he fire the female employee based on his prejudiced feeling towards women at work.
In doing so, the man broke federal law and illegally terminated the employee's employment. She has the right to seek redress with the Equal Employment Opportunity Commission (EEOC).
Bramble Corp. incurs the following costs to produce 9900 units of a subcomponent: Direct materials$8316 Direct labor11187 Variable overhead12474 Fixed overhead16200 An outside supplier has offered to sell Bramble the subcomponent for $2.85 a unit. If Bramble accepts the offer, it could use the production capacity to produce another product that would generate additional income of $3600. The increase (decrease) in net income from accepting the offer would be
Answer:
$3,762
Explanation:
The computation is as seen below
Total cost when the production is 9,900 units
Direct materials $8,316
Direct labor $11,187
Variable overhead $12,474
Total $31,977
But,
Their new cost on supplier offer is
= $2.85 × 9,900 units
= $28,215
In the case when the order is accepted, the net income would increase by
= $31,977 - $28,215
= $3,762
If there is a scarcity of supply in potatoes and many people want to buy, the prices is likely to be
If the value of risk-sensitive assets exceeded that of its liabilities, the bank's profit from the interest rate will:_____
a. Increase
b. Decrease
Answer:
Increase
Explanation:
The rate of a bank work or performance is mostly acted upon or influenced by the interest payments earned on its assets (loans and investments) relative to the interest paid on its liabilities (deposits). Bank will get profit from increasing interest rates only if the said assets have floating (adjustable) rates.
When the value of risk-sensitive assets is beyond that of its liabilities, the bank would profit from increase in interest rates.
Amy invests 1000 at an effective annual rate of 14% for 10 years. Interest is payable annually and is reinvested at an annual effective rate of i. At the end of 10 years the accumulated interest is 2,341.08. Bob invests 150 at the end of each year for 20 years at an annual effective rate of 15%. Interest is payable annually and is reinvested at an annual effective rate of i. Find Bob's accumulated interest at the end of 20 years. A) 9000 B) 9010 C) 9020 D) 9030 E) 9040
Answer:
I want to say thatbi love this app.and im just saying rjrsb
Explanation:
he
Newsome Inc. buys on terms of 4/10, net 45. It does not take the discount, and it generally pays after 60 days. What is the effective (not nominal) annual percentage cost of its non-free trade credit, based on a 365-day year?
Answer:
28.19%
Explanation:
Cost of trade credit = (1 + D/1-D)^(365/n) - 1
Cost of trade credit = (1 + 0.04/1-0.04)^(365/60) - 1
Cost of trade credit = (1 + 0.04/0.96)^(6.083) - 1
Cost of trade credit = (1.04167)^(6.083) - 1
Cost of trade credit = 1.28189526454 - 1
Cost of trade credit = 0.28189526454
Cost of trade credit = 28.19%
How may hedging increase value of a company through: Reducing agency costs; Reducing costs of financial distress; Tax optimization.
Answer:
Hedging increases value of a company through:
Reducing costs of financial distress.
Explanation:
Hedging is a risk reduction and management strategy, which a company employs to offset or reduce its losses in investments by assuming opposite positions in some related assets. The reduction in risks through hedging results in some reduction in the profitability of the investments, based on the basic understanding of risk-return trade-off. Hedging strategies are done with derivatives, such as options and futures contracts.
A _____________________ is created during the first half of the Sprint planning meeting and a _________________ is created during the second half of t
Answer:
c. Sprint Goal, Sprint Backlog
Explanation:
Sprint planning is the first event in which the task is to be done when there is a planning of the sprint. here the meeting is to be conducted where the scrum master, owner of the product, the developing meet.
After Brainstorming, the sprint goal is to be established at the time when the first half of the planning is to be done. In the second half, the sprint backlog is established which would be taken for accomplishing the sprint plan
Hence, the correct option is c.
Ken Larch is a tailor. He bought two industrial sewing machines from his father. He placed both machines in service in the same year he bought them. All of the following are true except:________.A. The sewing machines do not qualify as section 179 propertyB. Ken cannot claim a section 179 deduction for the cost of these machinesC. Ken can claim a partial section 179 deductionD. The asset must be used at least 50% of the time for business in the first year it is placed in service to qualify for a section 179 deduction
Answer:
A.The sewing machines do not qualify as section 179 property
Explanation:
Section 179 deduction is available for machinery bought and used in the business in the same year provided the usage in business is more than 50% and upper limit on deduction is $ 500,000. However, a partial deduction is possible in case cost of machine exceeds $500,000. Hence, the first option in the given question is not true.
Tricia had $100,000 in mortgage debt forgiven through a short sale on her principal residence on her Federal income tax return. Generally, Tricia must include what amount of the discharge of indebtedness from the disposition of her principal residence when completing her Schedule CA for 2019?
a) $0.
b) $25,000.c) $50,000.d) $100,000.
Answer:
d) $100,000
Explanation:
In answer to this question, Tricia must include $100000 as the amount of the discharge of indebtedness from the disposition of her principal residence when when she is completing her Schedule CA for the year 2019.
We have option d, 100000 dollars as the answer because the amount of debt forgiven is known to be taxable.
SID Asset Management initiated an open-end and a closed-end mutual fund a few years ago. If you want to invest in the funds today, you A. must purchase shares of each fund in the secondary (stock) market B. may purchase shares of each und in either the primary from the investment company) market or the secondary (stock) market C. must purchase shares of the open end fand in the secondary stock market and shares of the closed and fund in the primary (from the investment company market D. must purchase shares of the open ond fund in the primary from the westment company market and shares of the closed end tund in the secondary (stock) market
Answer: D. must purchase shares of the open end fund in the primary market from the investment company and shares of the closed end fund in the secondary (stock) market.
Explanation:
Open ended funds have the power to issue unlimited shares and sells directly to investors which means that to purchase from them after they have launched, one would need to do so through the primary market from the investment company itself.
Closed-end funds however raise a fixed capital by issuing an Initial Public Offering and then the shares of the fund will then be listed in a stock exchange. To buy into such funds after a few years, you will have to go through the secondary market and buy it in the stock market.
Why is it important to handle customers issues using acknowledge, apoligize, and act?
Answer:
because
Explanation:
it is ur job example if u work at cashier and then your exchange is less then the costumer complains of course you need to apologize lest you get fired
________________ is the degree of sound intensity or audibility.
a.
Pronunciation
b.
Volume
c.
Rate
d.
Articulation
Answer:
VolUme
Explanation:
A customer is complaining to you about an issue they are having with your company’s product. You know from experience that this issue was caused by the customer. She is clearly wrong but is insisting that you fix the issue. What would you be MOST likely to do?
A. Let the customer finish complaining, then explain to her why she is having the issue.
B. Ask her to stop and explain that because she created the issue, the only thing to do is buy a new product
C. Tell her that you will get back to her after you ask your manager about the issue
D. Explain what she did to create the issue and help her purchase a new product
E. Tell her that you will replace the product, but she needs to be careful not to do this again
Answer:
A. Let the customer finish complaining, then explain to her why she is having the issue.
Explanation:
In dealing with customers it is important that conflicts is on de-escalation in such a way that the customer is satisfied after the transaction and does not feel bad about the incident.
In the given scenario the customer caused the issue but it is important to listen to their complaint and get clarity on the situation.
Cutting the customer short because a similar situation occurred in the past may not reveal all issues. So it is better to hear the customer's full complaint.
Then we need to explain to the customer why the customer is having the issue without emphasising they are wrong.
This will reduce bad feelings on the part of the customer
What is the price of a three-year coupon bond with a coupon rate of 1%, face value equal to $100, and a current interest rate of 0.75%? Do not include any symbols in your answer.
Answer: 100.74
Explanation:
Face value= $100
Coupon payment = $100 × 1% = $100 × 1/100 = $100 × 0.1 = $1
Interest rate = 0.75% = 0.75/100 = 0.0075
The price of the bond will be:
= 1/(1 + 0.0075) + 1/(1 + 0.0075)^2 + 1/(1 + 0.0075)^3
= 100.74
An investment offers $6,200 per year for 20 years, with the first payment occurring one year from now. If the required return is 7 percent, what is the value of the investment
Answer:
$65,682.89
Explanation:
Calculation for what is the value of the investment
Using this formula
PVA = C({1 − [1 / (1 + r)t]} / r)
Let plug in the formula
Where,
C represent Investment offer =$6,200
R represent Required Return=7%
T =20 years
PVA = $6,200{[1 − (1 /( 1+.07*20 years)] / .07
PVA = $6,200{[1 − (1 / 1.07*20 years)] / .07}
PVA = $6,200{[1 − (1 / 2.14)] / .07}
PVA= $65,682.89
Therefore the value of the investment will be $65,682.89
Jazz Corporation owns 10% of the Williams Corp. stock. William distributed a S10,000 dividend to Jazz Corporation. Jazz Corp.'s taxable income (loss) before the dividend was ($2,000). What is the amount of Jazz's dividend received deduction on the dividend it received from Williams Corp.?
A. $0
B. $5, 600
C. $7,000
D. $8,000
E. None of these.
Answer:
B. $5, 600
Explanation:
The computation of the amount of dividend deduction is shown below;
Here the Jazz corporation owns 10% of the William stock
The dividend deduction percentage would be 70%
And, the taxable income is
= $10,000 - $2,000
= $8,000
Now the amount of dividend deduction would be
= $8,000 × 70%
= $5,600
hence, the correct option is b.
Consider the four-step process that many companies follow to estimate the market demand curve for their product. Place the steps in order, with the first step in the highest position and the last step in the lowest position.a. survey customersb. plot the demand curvec. scale up the quantities demanded by the survey respondentsd. add up the total quantity demanded by the customers at each price point
Answer:
The four-step process that many companies follow to estimate the market demand curve for their products are:
a. survey customers
d. add up the total quantity demanded by the customers at each price
c. scale up the quantities demanded by the survey respondents
b. plot the demand curve
Explanation:
The above steps enable the companies to estimate the market demand for their products. They also segment the demand to ascertain the segments that will perform better than others. The behavior of consumers is modeled during the estimation to verify how the price of the product, consumer income, or any other variables will impact the market demand.
In 1926, Nedda McGrath became the first female
O copywriter
O art director
O editor
O graphic designer
Answer:
art director
Explanation:
ART DIRECTOR
Which of the following is an example of a market risk for a company that manufactures automobiles?
a) Being suddenly unable to source a critical component of the automobile
b) Damage to completed cars being transported to a buyer
c) A competitor that offers a similar line of cars with comparable quality at lower prices
d) A failure in the company's accounts receivable process
Answer:
Hi! It's definetly D!
Explanation:
You're wasting money and you'll need to spend more. Hope this helps!
Louvers, Inc., accepted a $15,000, 180-day, 10 percent note from a customer on May 31. On June 30, Louvers prepared a period-end adjusting entry to accrue the $125 of interest owed on the note. The note is honored on November 27. Prepare the necessary November 27 entry for Louvers by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns.
Answer:
November 27
Dr Cash $15,750
Cr Interest Revenue $625
Cr Interest Receivable $125
Cr Notes Receivable for $15,000
Explanation:
Preparation for the necessary November 27 entry
November 27
Dr Cash $15,750
[$15,000+($15,000 × 10% × 180/360) ]
($15,000 + $750=$15,750)
Cr Interest Revenue $625
( $15,000 × 10% × 150/360),
Cr Interest Receivable $125
Cr Notes Receivable for $15,000
Note that between the month of June 30 and November 27 we would have a total of 150 days
$39,918.23 rounded to the nearest thousands
Answer:
0.727935
Explanation:
$81.77 rounded off which gives a value of $40,000 rounded to the nearest thousands of $39,918.23.
How do you round a number to thousands?The last three numbers are used to round to the nearest thousand. If these digits total 500 or more, we round the thousands of digits up; if they total less than 500, we round down while maintaining the same thousand digits. The last four numbers are used to round to the closest ten thousand.
Given,
$39,918.23
Required rounded to the nearest thousands =?
For Rounding into a thousand we consider thousand place digits divided by 10000.
In that case = 9918.23 Divide by 10000 =$0.991823
We do upper round off in that case because we get 0.9 which is greater than 0.5. so the answer is $40,000.
The action of forming anything into a circle. Mathematics. the act of changing one number with another that is roughly equivalent in value but has fewer digits
Thus, the rounded of $39,918.23 to the nearest thousand is $40,000.
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Texas Inc. has 10,000 shares of 6%, $125 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at December 31. What is the annual dividend on the preferred stock
Answer:
$75,000
Explanation:
Calculation for the annual dividend on the preferred stock
Using this formula
Annual Dividend= Number of shares × Par value × Dividend %
Let plug in the formula
Annual Dividend= 10,000 shares × $125 × 6%
Annual Dividend= $75,000
Therefore the annual dividend on the preferred stock will be $75,000
What constant-growth rate in dividends is expected for a stock valued at $32.40 if next year's dividend is forecast at $2.20 and the appropriate discount rate is 13.6%
Answer: 6.81%
Explanation:
To calculate the growth rate, we'll use the formula:
Price = Expected Dividend / Discount - Growth rate
32.40 = 2.20 / 13.60% - Growth rate
13.6% - Growth rate = 2.20/32.40
Growth rate = 13.60% - 6.79%
Growth rate = 6.81%