Suppose a U.S. importer purchases an Italian product today but will not pay for it for 90 days. The
cost of the product today is 30,000 euros. The spot exchange rate today is .6233 euros per dollar. If
the U.S.
importer does not hedge the position, which of the following spot exchange rates in 90
days will yield the highest returns?
A) $1.4844 per euro B) 0.6833 euros per dollar
C) $1.5387 per euro D) 0.6499 euros per dollar
B
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________ are most likely to recommend a company's product to others
A) Loyal customers B) Captive customers C) New customers D) Repeat customers E) Customer terrorists
Greenlaw Products uses job order costing and applies overhead to products using direct labor hours. Greenlaw has determined that their predetermined overhead is $4.00 per direct labor hour when an estimated 200,000 direct labor hours are incurred
During 2011 Greenlaw actually incurred a total of 215,000 direct labor hours and actual overhead costs ended up being $900,000. Greenlaw has no ending work-in-process or finished goods inventories. Required: A. What were Greenlaw's estimated total overhead costs for the year? B. By how much was overhead over- or underapplied? C. Assuming that cost of goods sold was $3,000,000 prior to the adjustment for over- or underapplied overhead, what will be the cost of goods sold amount after the year-end adjustment?
A major human relations problem noted with multitasking is that it often
A) creates a strong bond between the receiver and sender of the message. B) creates an ethical problem for the receiver and sender of the message. C) trivializes the person with whom the multitasking person is dealing. D) over-inflates the ego of the person with whom the multitasking person is dealing.
Which of the following describes a situation in which linear programming models may result in unbounded solutions?
a. The model has many restrictions, and the constraints do not have a common feasible region. b. The model has few restrictions, and the feasible region is not bounded by the model constraints. c. The model has unrealistic goals, and the objective function cannot be maximized. d. All of the above