Suppose the dollar interest rate and the pound sterling interest rate are the same, 5 percent per year. what is the relation between the current equilibrium $/₤ exchange rate and its expected future level? suppose the expected future $/₤ exchange rate, $1.52/₤, remains constant as britain’s interest rate rises to 10 percent per year. if the u. s. interest rate also remains constant, what is the new equilibrium $/₤ exchange rate?

Aaron corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 102 units in beginning inventory 0 units produced 4,900 units sold 4,260 units in ending inventory 640 variable costs per unit: direct materials $ 20 direct labor $ 41 variable manufacturing overhead $ 5 variable selling and administrative expense $ 4 fixed costs: fixed manufacturing overhead $ 64,200 fixed selling and administrative expense $ 2,900 the total contribution margin for the month under variable costing is: