Suppose that Sears owes one million yen to a Japanese electronics manufacturer in three months. It could hedge against the risk of a depreciation of the dollar against the yen by contracting to purchase one million yen in the forward market, at today's forward rate, for delivery in three months.
a. True
b. False
a. True
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Lambda assumes that the variables are measured on an ordinal scale
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. The three major stages of the TRM system are unfreezing, moving, and refreezing. 2. Stakeholder engagement processes ensure that the ethical vision the firm is developing coincides with the needs and expectations of all the stakeholders. 3. Firms that implement a Total Responsibility Management system are not able to generate the relevant information of interest for internal and external stakeholders due to the complexity of the system. 4. An effective code of ethics is formed of a standard set of recommendations that includes both advice and internal structures to help employees implement the code of ethics.
In a month-to-month tenancy, either the landlord or the tenant may cancel a lease upon thirty days' prior written notice
Indicate whether the statement is true or false
Lakeland Chemical manufactures a product called Zing. Direct materials are added at the beginning of the process, and conversion activity occurs uniformly throughout production. The beginning work-in-process inventory is 60% complete with respect to conversion; the ending work-in-process inventory is 20% complete. The following data pertain to May: Units Work in process, May 1 15,000 Units started during May 60,000 Units completed and transferred out 68,000 Work in process, May 31 7,000? Total Direct Materials Conversion CostsCosts: Work in process, May 1$41,250 $16,500 $24,750 Costs incurred during May 234,630 72,000 162,630 Totals$275,880 $88,500 $187,380 Using the weighted-average method of process costing, the equivalent
units of conversion activity total: A. 68,000. B. 74,000. C. 69,400. D. 60,400. E. None of the answers is correct.