Interest rates on the U.S. dollar are 5.4% and euro rates are 4.6%. Given a dollar per euro spot rate of 0.918, what is the 6-month forward rate ($/E)?
A) 0.912
B) 0.917
C) 0.922
D) 0.934
C
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During 2014, America Inc produced, among other products, 9,500 cameras, incurring the following unit costs: $5 in direct materials, $3 in direct labor, $2 in variable overhead, $4 in fixed overhead, $0.50 in variable selling and administrative expenses, and $1 in fixed selling and administrative expenses. An outsider had offered to produce the cameras for $12 each. Assuming that the factory space
would have been idle otherwise, acceptance of the outside offer would have A) lost the company $9,500. B) saved the company $34,250. C) saved the company $19,250. D) lost the company $14,250.
According to the U.S. Census Bureau, wholesaling is defined as the activities of firms that sell to retailers but do not sell in large amounts to final consumers, manufacturers, or other institutional users.
Answer the following statement true (T) or false (F)
Which of the following statements about federal flood insurance is true?
A) It is available even if property has been previously flooded. B) It is unavailable in high-risk flood areas. C) It is available only for residences, not for businesses. D) Waiting periods are not used in the federal flood insurance program.
The President determines the jurisdiction of the federal courts
Indicate whether the statement is true or false