Explanation:
The organizational structure and culture are essential for the design of a strategic plan aligned with the organization's purpose.
What happens is that the structure and culture of an organization constitute its identity, its way of organizing itself and creating an environment designed to obtain the objectives and goals stipulated by strategic planning. So it can be said that there is no way to develop a strategic plan without considering the structure or culture, because it is through these two variables that action plans are developed and modeled according to what the company is, and what it plans to be in the future. All organizational systems must be foreseen in the planning and be developed with the same degree of importance, because together they form the organizational whole that will lead a company to be well positioned in the market, achieve continuous improvement in its processes, achieve competitive advantage in the market, etc.
Structure and culture are the pillars upon which the business organizes its operational activities to get a smooth flow in these different activities.
What is the importance of structure/culture in a strategic plan?The structure defines communication and reporting relationships while culture defines business norms to be followed. It is essential for strategic planning as it helps to develop a competitive edge for the business that would measure its growth.
Therefore, it generates foundations for bringing change and flexibility in the business for achieving improvement in its processes.
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Which answer choice is not one of the top 10 abusive lending practices?
a credit cards
b. high fees
C. bait & switch
d. balloon loan
Answer:
it's A
Explanation:
credit cards
The practise of applying unfair, dishonest, or abusive loan terms to customers is known as predatory lending. Hence option A is correct .
What is predatory lending ?These loans frequently come with excessive fees and interest rates, drain the borrower's equity, or place a creditworthy borrower in a loan with a worse credit rating (and higher cost), all to the lender's advantage.
Predatory lenders frequently employ pushy sales techniques and prey on the borrowers' ignorance of financial transactions. They lure, encourage, and help a borrower take out a loan they will not reasonably be able to repay through deceptive or dishonest conduct and a lack of transparency.
Any dishonest actions taken by lenders to persuade, induce, deceive, or aid borrowers into taking out loans they are unable to responsibly repay or must pay back are considered predatory lending back at a price that is significantly more than the going rate. Predatory lenders prey on the situation or ignorance of borrowers.
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A company's most recent free cash flow to equity was $100 and is expected to grow at 4% thereafter. The company's cost of equity is 13%. Its WACC is 7.77%. What is its current intrinsic value
Answer:
Current intrinsic value - equity = $1155.56
Explanation:
FCFE or Free cashflow to equity is the free cash flow attributable to the equity holders. Using the constant growth model of FCFE we can calculate the intrinsic value of the equity or intrinsic value per share. The formula for the constant growth model is as follows,
Value of equity = FCFE0 * (1+g) / (r - g)
Where,
FCFE0 is the most recent FCFEg is the growth rate in FCFEr is the required rate of return on equityCurrent intrinsic value - equity = 100 * (1+0.04) / (0.13 - 0.04)
Current intrinsic value - equity = $1155.56
McDonalds reported current year pretax book income of $365,000. Included in the computation were favorable temporary differences of $13,750, unfavorable temporary differences of $97,000, and unfavorable permanent differences of $45,000. McDonalds' current income tax expense or benefit would be
Answer:
the current income tax expense or benefit is $103,583
Explanation:
The computation of the current income tax expense or benefit is shown below:
Current income tax expense is
= (pre - tax book income - favourable temporary difference + unfavorable temporary difference + unfavourable permanent difference) × tax rate
= ($365,000 - $13,750 + $97,000 + $45,000) × 21%
= $493,250 × 21%
= $103,583
We assumed the tax rate be 21%
hence, the current income tax expense or benefit is $103,583
If the number of unemployed workers is 19 million, the number in the working-age population is 500 million, and the unemployment rate is 4%, what is the labor force participation rate?
A. 7.8%
B. 96.2%
C. 95%
D. 4.75%
Answer:
labor force participation rate= 96.2%
Explanation:
Giving the following information:
Unemployed people= 19 million
Labor force= 500 million
First, we need to calculate the employed people:
Employed population = 500 - 19= 481 million
Now, to calculate the labor force participation rate, we need to use the following formula:
labor force participation rate= (employed people/labor force)*100
labor force participation rate= (481/500)*100
labor force participation rate= 96.2%
Your real estate agent mentions that homes in your price range require a payment of $1,200 per month for 30 years at 0.75% interest per month. What is the size of the mortgage with these terms?
Answer:
the size of the mortgage with these terms is $149,138.24
Explanation:
The computation of the size of the mortgage is shown below:
Present value of annuity is
= Monthly payment × {[1 - (1 + rate of interest)^-number of months] ÷ rate of interest}
= $1,200 × {[1 - (1 + 0.0075)^-360] ÷ 0.0075}
= $1,200 × 124.2819
= $149,138.24
The 360 is come from
= 30 years × 12 months
= 360 months
hence, the size of the mortgage with these terms is $149,138.24
In what ways do different ideologies and political systems influence the environment in which MNCs operate?
Answer:
meant to cover all aspects of the society organized as a political ent called the state ... the influence the ideological "infrastructure" exerts on the latters' institu- tions and ... both of them make use, to a large extent, of identical political institutions ... reveal the different approaches and modes of thinking of various periods.
Explanation:
Brown Industries has a debt-equity ratio of 1.5. Its WACC is 9.6 percent, and its cost of
debt is 5.7 percent. There is no corporate tax.
What is the company's cost of equity capital? (Do not round intermediate
calculations and enter your answer as a percent rounded to 2 decimal
places, e.g., 32.16.)
b-1. What would the cost of equity be if the debt-equity ratio were 2.0? (Do not round
intermediate calculations and enter your answer as a percent rounded to 2
decimal places, e.g., 32.16.)
b-2. What would the cost of equity be if the debt-equity ratio were 0.5? (Do not round
intermediate calculations and enter your answer as a percent rounded to 2
decimal places, e.g., 32.16.)
b-3. What would the cost of equity be if the debt-equity ratio were zero? (Do not round
intermediate calculations and enter your answer as a percent rounded to 2
decimal places, e.g., 32.16.)
Answer:
A .Unlevered cost of equity = 9.6
b-1 Levered cost of equity = 28.69
b-2 Levered cost of equity = 14.37
b-3 Levered cost of equity = 9.6
Explanation:
A. First step is to calculate the E/A
D/A = D/(E+D)
D/A = 1.5/(1+1.5)
D/A=0.6
E/A = 1-D/A
E/A=1-0.6
E/A=0.4
Second Step is to calculate WACC using this formula
WACC = Levered cost of equity*E/A+Cost of debt*(1-tax rate)*D/A
Let plug in the formula
0.096= Levered cost of equity*=0.4+0.057*(1-0)*=0.6
Levered cost of equity =15.45%
Third step is to calculate UnLevered cost of equity using this formula
Levered cost of equity = Unlevered cost of equity+D/E*( Unlevered cost of equity-cost of debt)*(1-tax rate)
Let plug in the formula
0.1545 = Unlevered cost of equity+1.5*(Unlevered cost of equity-0.057)*(1-0)
Unlevered cost of equity = 9.6
b-1. Calculation for What would the cost of equity be if the debt-equity ratio were 2.0
Using this formula
Levered cost of equity = Unlevered cost of equity+D/E*( Unlevered cost of equity-cost of debt)*(1-tax rate)
Let plug in the formula
Levered cost of equity = 9.6+2*(9.6-0.057)*(1-0)
Levered cost of equity = 28.69
b-2. Calculation for What would the cost of equity be if the debt-equity ratio were 0.5
Using this formula
Levered cost of equity = Unlevered cost of equity+D/E*( Unlevered cost of equity-cost of debt)*(1-tax rate)
Let plug in the formula
Levered cost of equity = 9.6+0.5*(9.6-0.057)*(1-0)
Levered cost of equity = 14.37
b-3. Calculation for What would the cost of equity be if the debt-equity ratio were zero
Using this formula
Levered cost of equity = Unlevered cost of equity+D/E*( Unlevered cost of equity-cost of debt)*(1-tax rate)
Let plug in the formula
Levered cost of equity = 9.6+0*(9.6-0.057)*(1-0)
Levered cost of equity = 9.6
Marin Company's accounts receivable arising from sales to customers amounted to $88000 and $77000 at the beginning and end of the year, respectively. Income reported on the income statement for the year was $334000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is
Answer:
Marin Company
Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is
$345,000
Explanation:
a) Data and Calculations:
Accounts Receivable (Beginning) $88,000
Accounts Receivable (Ending) $77,000
Increase in Cash received from customers = $11,000
b) Income reported on the income statement for the year = $334,000
Increase in Cash received from Customers = 11,000
Cash flows from operating activities to be reported = $345,000
c) The Accounts Receivable reduced from $88,000 to $77,000. This implied that some customers settled their accounts. Therefore, there was inflow of cash from customers. This increases the cash flows from operating activities. This is why the difference is added to the Income as per income statement as a change in working capital.
A 10-year 5.5 percent coupon bond was issued 3 years ago. It pays interest semiannually, and has a yield to maturity of 6.23 percent. What is the current market price of the bond
Answer:
The current market price of the bond is $959.09
Explanation:
Price of the bond is the present value of all cash flows of the bond. These cash flows include the coupon payment and the maturity payment of the bond. Both of these cash flows discounted and added to calculate the value of the bond.
According to given data
Face value of the bond = F = $1,000 ( Assumed )
Coupon payment = C = $1,000 x 5.5% x 6/12 = $27.5
Number of periods = n = ( 10 years - 3 years ) x 12/6 = 14 period
Yield to maturity = 6.23% annually x 6/12 = 3.115% semiannually
Price of the bond is calculated by following formula:
Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]
Price of the Bond = $27.5 x [ ( 1 - ( 1 + 3.115% )^-14 ) / 3.115% ] + [ $1,000 / ( 1 + 3.115% )^14 ]
Price of the Bond = $308.22 + $650.87
Price of the Bond = $959.09
The demand for cooldrink is price elastic if
Answer:
see below
Explanation:
Elastic demand describes a scenario where a small change in price results in a significant difference in the quantity demanded. The term 'elastic ' suggests a moving or a stretching demand. Goods that have many substitutes have an elastic demand.
A product or service will have an elastic demand when a small price change greatly affects consumption. Customers will still seek alternative cheaper options if the price increases, which causes demand to drop significantly. The demand for cooldrink is price elastic if a small change in price results in demand changing considerably.
Floyd Industries stock has a beta of 1.20. The company just paid a dividend of $.50, and the dividends are expected to grow at 6 percent per year. The expected return on the market is 11 percent, and Treasury bills are yielding 5.9 percent. The most recent stock price for the company is $76.
Required:
a. Calculate the cost of equity using the DDM method.
b. Calculate the cost of equity using the SML method.
Answer:
a.
r = 0.06697 or 6.697% rounded off to 6.70%
b.
r = 0.1202 or 12.02%
Explanation:
a.
Using the constant growth model of dividend discount model, we can calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,
P0 = D0 * (1+g) / (r - g)
Where,
D0 * (1+g) is dividend expected for the next period /year g is the growth rate r is the required rate of return or cost of equity
Plugging in the values for P0, D0 and g in the formula, we can calculate the value of r to be,
76 = 0.5 * (1+0.06) / (r - 0.06)
76 * (r - 0.06) = 0.53
76r - 4.56 = 0.53
76r = 0.53 + 4.56
r = 5.09 / 76
r = 0.06697 or 6.697% rounded off to 6.70%
.
Using the CAPM, we can calculate the required/expected rate of return on a stock. This is the minimum return required by the investors to invest in a stock based on its systematic risk, the market's risk premium and the risk free rate.
The formula for required rate of return under CAPM is,
r = rRF + Beta * (rM - rRF)
Where,
rRF is the risk free rate
rM is the market return
r = 0.059 + 1.2 * (0.11 - 0.059)
r = 0.1202 or 12.02%
Bigelow has a levered cost of equity of 14.29% and a pretax cost of debt of 7.23%. The required return on the assets is 11%. What is the firm's debt-equity ratio based on MM Proposition II with no taxes?
Answer:
0.873
Explanation:
Given that
Cost of equity, RS = 14.29% = 0.1429
Required return on assets = 11% = 0.11
Cost of debt = 7.23% = 0.0723
Then we can calculate the firm's debt equity ratio by using the relation
0.1429 = 0.11 + B/S(0.11 - 0.0723)
0.1429 = 0.11 + B/S(0.0377)
B/S(0.0377) = 0.1429 - 0.11
B/S(0.0377) = 0.0329
B/S = 0.0329 / 0.0377
B/S = 0.873
Therefore, the debt equity ratio is 0.873
Nanometrics, Inc. has a beta of 3.15. If the market return is expected to be 10 percent and the risk-free rate is 3.5 percent, what is Nanometrics required return
Answer:
23.975%
Explanation:
Calculation for Nanometrics required return
Using this formula
Required return = Risk free rate + (Beta*(Market rate - Risk free rate))
Where,
Risk free rate =3.5%
Beta=3.15%
Market rate =10%
Let plug in the formula
Required return = 3.5% +(3.15*(10%-3.5%)
Required return = 3.5% +(3.15*6.5%)
Required return = 3.5% + 20.475%
Required return = 23.975%
Therefore Nanometrics required return will be 23.975%
Accounting profit is different than economic profit because economic profit is only important to economists and does not apply to the actual decision to launch a new business. accounting profit ignores the opportunity cost of launching a new business. economic profit is what is reported on your tax return. accounting profit includes all financial and opportunity costs of starting a business.
Answer:
accounting profit ignores the opportunity cost of launching a new business.
Explanation:
economic profit = accounting profit - opportunity costs
the easiest way to explain this concept is through an example:
you earn $60,000 per year by working at a bank
your friend wants to start a small accounting firm with you as his partner
each of you will invest $40,000 and the expected revenue is $150,000, expected costs are $30,000
your accounting profit = ($150,000 - $30,000) / 2 = $60,000
but your economic profit is negative:
opportunity cost of lost wages = $60,000opportunity cost of lost interests on your capital = $40,000 x 3% = $1,200economic profit = $60,000 - ($60,000 + $1,200) = $60,000 - $61,200 = -$1,200
PLEASE HELP!!! Compare U.S. government savings bonds to mutual funds and collectibles in terms of risk and potential return. Explain why these investments are categorized as they are.
Answer:
.......
Explanation:
...................
Jefferson's recently paid an annual dividend of $1.31 per share. The dividend is expected to decrease by 4% each year. How much should you pay for this stock today if your required return is 16%? A 5.5 percent coupon bond ( coupon rate=5.5%) has a face value of 1,000 and a current yield of 5.64 percent. What is the current market price?
Answer:
a. The price that should be paid for Jefferson's stock today is $6.29.
b. The current market price is $975.18.
Explanation:
a. Calculation of the price to pay for the Jefferson's stock today
This can be calculated using the following formula:
P = D / (r - g) ............................ (1)
Where;
P = Price per share today = ?
D = Next dividend = Current dividend * (1 + Dividend growth rate) = $1.31 * (1 + (-0.04)) = $1.31 * (1 - 0.04) = $1.31 * 0.96 = 1.2576
r = Required return = 16%, or 0.16
g = Dividend growth rate = -4%, or -0.04
Substituting the values into equation (1), we have:
P = 1.2576 / (0.16 - (-0.04))
P = 1.2576 / (0.16 + 0.04)
P = 1.2576 / 0.20
P = 6.29
Therefore, the price that should be paid for Jefferson's stock today is $6.29.
a. Calculation of the current market price
This can be calculated using the following formula:
Current market price = (Coupon rate * Face value) / Current yield ............ (2)
Where;
Coupon rate = 5.5%
Face value = $1,000
Current yield = 5.64%
Substituting the values into equation (2), we have:
Current market price = (5.5% * $1,000) / 5.64%
Current market price = $55 / 5.64%
Current market price = $975.18
Therefore, the current market price is $975.18.
Mendelson Laboratories purchased engineering equipment at a cost of $420,000. Shipping costs totaled $15,000. Installation cost was $8,000. An additional electrical line had to be run to the equipment at a cost of $3,000. Labor and testing costs totaled $6,000. Materials used up in testing cost $3,000. The capitalized cost is:
Answer:
The capitalized cost is $455,000
Explanation:
According to the Standard (IAS 16) costs of an item of Property, Plant and equipment include the Purchase Costs and any other costs directly attributable to placing the asset in the location and condition for use as intended by management.
Calculation of Costs of Equipment :
Purchase Costs $420,000
Shipping costs $15,000
Installation cost $8,000
Electrical line $3,000
Labor and testing costs $6,000
Material in testing $3,000
Total cost $455,000
The EU began as a common market for Multiple Choice the coal and steel industries. the transportation industries. the textile and dairy industries. all imported goods from beyond Europe.
Answer:
The answer is "The coal and steel industries".
Explanation:
In compliance with the terms of the 1975 Constitutional Act, on 5 June 1975, the UK promised a Vote on Inclusion in the European Union, often alluded to as the Vote on the European Union, the Single Market Vote as the EEC Participation referendum to measure support.
This Group established its Council of Europe Coal and Steel Community, that consolidated free flow of coal and steel as well as the freedom of access to sources of production in 6 countries.
Cushion Sports accepted a credit card account receivable in exchange for $5,000 of services provided to a customer. The credit card company charges a 5% service charge. Recording the transaction in the company's accounting records will have what effect on the accounting equation?
a. Increase assets and equity by $4,750.
b. Increase equity by $5,000.
c. Increase assets by $5,000.
d. Decrease assets and equity by $250.
Answer:
increase assets and equity by $4,750
Explanation:
Based on the information given we were told that they accepted an account of a credit card account receivable for the exchange of the amount of $5,000 of the services that was provided to a customer in which the credit card company charges 5% service charge, Based on this if we are to Record the transaction in the company's accounting records the effect on the accounting equation will be:
Increase assets and equity by $4,750
Calculated as :
$5,000-($5,000*5% Service charge)
$5,000-$250
=$4,750
which value of a makes this investor indifferent between the risky portfolio and the risk-free asset
Answer: 8
Explanation:
Expressing the value of A that would equate the risk-free rate to the risky portfolio is;
0.06 = 0.15 − A/2(0.15)²
0.06 - 0.15 = -0.01125 * A
A = (0.06 - 0.15) / -0.01125
A = 8
With A being 8, the investor would be indifferent between the risk free asset and the risky portfolio according to their utility function.
WGU manufacturing receives an order for 2000 laptops. Karl, the production planner, realizes the company has no planned orders and has 1500 laptops on-hand. However, Karl has to keep a minimum of 1000 laptops on-hand at all times. Based on this information, what will the MPS reflect for the number of laptops to be produced?
Answer:
500
Explanation:
The computation of the MPS reflect for the number of laptops to be produced is shown below:
since it is mentioned in the question that there is a minimum of 1,000 laptop is on hand so here 500 should from inventory.
Therefore 500 should be produced for filling the order
Hence, the same is to be considered
Therefore the number of laptops to be produced is 500
Jarvis is a coffee farmer who wants to hedge his entire coffee crop that will be harvested by September. The December coffee contract (which consists of 37,500 pounds of coffee) is trading at $2.00 per pound, which the farmer views as a profitable price. To hedge the entire crop, which is expected to weigh 150,000 pounds, at the best price, Jarvis should:
Answer: Sell four December coffee future contracts at $2.00 per pound
Explanation:
Based on the scenario in the question, the number of contracts that is required for hedging the entire crop will be gotten by dividing the total number of crops by the pounds that are available in one contract. This will be:
= 150,000/37,500
= 4 contracts
Therefore, the answer will be for Jarvis to sell four December coffee future contracts at $2.00 per pound
5. If you wanted to show how many employees at your office ride a bicycle to work in comparison to the
number of employees who drive a car, take public transportation, or walk, what visual would be best?
Answer:
a bar graph
Explanation:
A bar graph may be defined as a visual representation of the categorical data or information which is represented by rectangular shape bars with their lengths or height proportional to the values they represent. A bar graph is also known as bar charts.
The rectangular bars can be plotted either vertically or horizontally.
In the context, a bar graph or a bar chart would be the best option to represent the number of employees who ride a bicycle and come to office and compare them to the number of employees who takes a public vehicle, drives a car or even come to office by walking.
Costco is an example of _______ warehouse. Group of answer choices Hub and spoke system Assortment Spot stock Break bulk
Answer:
Hub and spoke system
Explanation:
Costco Wholesale Corporation is a company that operates in the warehouse industry. They store merchandise at a lower cost than other wholesale or retail sources.
They aim to reduce warehousing cost for small and medium scale businesses.
In the hub and spoke system each component of the warehousing system are independent and contribute to the central warehousing activity.
It is also called the master feeder structure.
Freight traffic is moved to the central hub through spokes that are arranged around the centre like a wheel.
This system reduces the travel time and therefore is more efficient with lower cost
If a bank has a reserve ratio of 8 percent, then Group of answer choices the bank keeps 8 percent of its assets as reserves and loans out the rest. the bank keeps 8 percent of its deposits as reserves and loans out the rest. the bank's ratio of loans to deposits is 8 percent. government regulation requires the bank to use at least 8 percent of its deposits to make loans.
Answer:
the bank keeps 8 percent of its deposits as reserves and loans out the rest.
Explanation:
Since it is mentioned in the question that there is a reserve ratio of 8% so now the reserve requirement means the requirement with respect to the fund value that bank should hold on to in reserve against deposits that made by their clients. The money must be either at the vaults of the bank or at the closing of the federal reserve bank
Therefore the second option is correct
Upon arrival at the international airport in the country of Canteberry, Charles Alt exchanged $200 of U.S. currency 1,000 florins, the local currency unit. Upon departure from Canteberry's international airport on completion of his business, he exchanged his remaining 100 florins into $15 of U.S. currency.
Required:
a. Determine the currency exchange rates for each of the cells in the following matrix for Charles Alt's business trip to Canteberry.
b. Discuss and illustrate whether the U.S. dollar strengthened or weakened relative to the florin during Charles's stay in Canteberry.
c. Did Charles experience a foreign currency transaction gain or a loss on the 100 florins he held during his visit to Canteberry and converted to U.S. dollars at the departure date? Explain your answer.
Arrival Date Departure Rate
Direct exchange rate
Indirect exchange rate
Answer:
Explanation:
Here's the answer!! Hope this helped...
a. Exchange rate for buying florins = 5 florins per U.S. dollar and Exchange rate for selling florins = 0.15 U.S. dollars per florin
b. At the beginning of his trip, the exchange rate for buying florins was 5 florins per U.S. dollar. At the end of his trip, the exchange rate for selling florins was 0.15 U.S. dollars per florin.
c. Charles experienced a foreign currency transaction loss on the 100 florins he held during his visit to Canteberry and converted to U.S. dollars at the departure date.
a. To determine the currency exchange rates for each of the cells in the matrix, we can use the given information:
1. Charles exchanged $200 into 1,000 florins at the beginning of his trip.
Exchange rate for buying florins = Amount in local currency / Amount in U.S. dollars
Exchange rate for buying florins = 1000 florins / $200
Exchange rate for buying florins = 5 florins per U.S. dollar
2. Charles exchanged his remaining 100 florins into $15 at the end of his trip.
Exchange rate for selling florins = Amount in U.S. dollars / Amount in local currency
Exchange rate for selling florins = $15 / 100 florins
Exchange rate for selling florins = 0.15 U.S. dollars per florin
The completed matrix would be:
| - | U.S. Dollars ($) | Florins |
| Buying | 1 | 5 |
| Selling | 0.15 | 1 |
b. To discuss whether the U.S. dollar strengthened or weakened relative to the florin during Charles's stay in Canteberry, we compare the exchange rates at the beginning and end of his trip.
If the exchange rate for buying florins (5 florins per U.S. dollar) is higher than the exchange rate for selling florins (0.15 U.S. dollars per florin), it means that the U.S. dollar strengthened relative to the florin during Charles's stay in Canteberry. In other words, Charles could get more florins for each U.S. dollar at the beginning of his trip than he could get U.S. dollars for each florin at the end of his trip.
c. This is because the exchange rate for selling florins (0.15 U.S. dollars per florin) was lower than the exchange rate for buying florins (5 florins per U.S. dollar).
When Charles initially exchanged $200 into 1,000 florins, he got 5 florins per U.S. dollar. However, when he exchanged his remaining 100 florins back into U.S. dollars at the end of his trip, he got only 0.15 U.S. dollars per florin.
To illustrate the transaction:
Initial exchange:
$200 --> 5 florins per U.S. dollar --> 5 florins * 200 = 1,000 florins
Exchange at departure:
100 florins --> 0.15 U.S. dollars per florin --> 100 florins * 0.15 = $15
Charles initially got $200 worth of florins (1,000 florins), but when he converted the remaining 100 florins back into U.S. dollars, he received only $15. This difference of $200 - $15 = $185 represents a foreign currency transaction loss during his trip.
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Typically banks rely on other banks to lend reserves to one another. Which interest rate do they charge for these loans
Answer:
Federal funds rate
Explanation:
federal funds rate is simply known as the interest rate at which depository financial institutions borrows(lends) funds maintained at the federal reserve to other depository financial institutions usually or Maybe overnight.
It is simply the interest rate that one bank charges another for borrowing money overnight. Its importance is to help banks meet their reserve requirements and prevent bank failure and also may be use to stimulate the economy.
Wolf Computer exchanged a machine with a book value of $40,000 and a fair value of $45,000 for a very similar machine. In addition, Wolf paid $6,000 as part of the exchange. Wolf should recognize:
Answer:
gain of $5,000
Explanation:
Wolf's gain = fair market value - book value = $45,000 - $40,000 = $5,000
a company must determine the gain or loss of an exchange transaction using the asset's book value and comparing it against its fair market value. If the FMV is higher than the book value, the company will recognize a gain. If the FMV is lower than the book value, then the company will recognize a loss.
Loyalty programs that are most likely to provide a sustainable advantage and to survive in the grocery industry are those that
Complete Question:
Loyalty programs that are most likely to provide a sustainable advantage and to survive in the grocery industry are those that
Group of answer choices
a) leverage data obtained from customers into more effective marketing decisions
b) save companies money by replacing other communication tools
c) result in true value creation
d) all of the above
Answer:
d) all of the above
Explanation:
Loyalty programs can be defined as a collection of activities that add rewards, discount, as well as other enticing incentives given to customers for their loyalty to a business firm or company.
Loyalty programs that are most likely to provide a sustainable advantage and to survive in the grocery industry are those that are;
a). Average data obtained from customers into more effective marketing decisions
b. Save companies money by replacing other communication tools.
c. Result in true value creation.
10. Do you think engaging in organic farming is an example of corporate citizenship? Why?
Answer:
The global population is growing rapidly causing a rise in demand for sustainable food production.
Explanation: