Business, 22.12.2020 03:40, samarth4315
Assume interest rate parity holds. The one-year risk-free rate in the U. S. is 5.62 percent and the one-year risk-free rate in Japan is 6.05 percent. The spot rate between the Japanese yen and the U. S. dollar is ¥118.53/$. What is the one-year forward exchange rate?A. ¥117.53/$.B. ¥114.33/$.C. ¥113.97/$.D. ¥114.69/$.E. ¥116.56/$.
Answers: 3
Business, 22.06.2019 04:30, mt137896
Required prepare the necessary adjusting entries in the general journal as of december 31, assuming the following: on september 1, the company entered into a prepaid equipment maintenance contract. birch company paid $3,400 to cover maintenance service for six months, beginning september 1. the payment was debited to prepaid maintenance. supplies on hand at december 31 are $3,900. unearned commission fees at december 31 are $7,000. commission fees earned but not yet billed at december 31 are $3,500. (note: debit fees receivable.) birch company's lease calls for rent of $1,600 per month payable on the first of each month, plus an annual amount equal to 1% of annual commissions earned. this additional rent is payable on january 10 of the following year. (note: be sure to use the adjusted amount of commissions earned in computing the additional rent.)
Answers: 1
Business, 22.06.2019 19:40, mahoganyking16
Chang corp. has $375,000 of assets, and it uses only common equity capital (zero debt). its sales for the last year were $595,000, and its net income was $25,000. stockholders recently voted in a new management team that has promised to lower costs and get the return on equity up to 15.0%. what profit margin would the firm need in order to achieve the 15% roe, holding everything else constant? a. 9.45%b. 9.93%c. 10.42%d. 10.94%e. 11.49%
Answers: 2
Assume interest rate parity holds. The one-year risk-free rate in the U. S. is 5.62 percent and the...
Physics, 24.02.2020 19:32