Suppose the spot rate and forward rate for the British pound are $1.4248 and $1.4179 respectively. Assume the forward pound is selling at a 1.94% annualized discount, what is the number of days of the forward contract?
A) 180 days
B) 120 days
C) 90 days
D) 60 days
Answer: C
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Strategic alliances are arrangements in which two firms join forces and form a cooperative partnership. Discuss the potential advantages of strategic alliances.
What will be an ideal response?
Attempts to require franchisees to buy products, equipment, and supplies exclusively from the franchisor may violate the prohibition in the ________ Act against tie-in sales.
A. Small Business B. USA PATRIOT C. Sherman D. Clayton
Eco-Eliminator Manufacturing produces a chemical pesticide and uses process costing. There are three processing departments—Mixing, Refining, and Packaging. On January 1, the first department—Mixing—had no beginning inventory. During January, 41,000 fl. oz. of chemicals were started in production. Of these, 32,000 fl. oz. were completed, and 9000 fl. oz. remained in process. In the Mixing Department, all direct materials are added at the beginning of the production process, and conversion costs are applied evenly throughout the process. The weighted-average method is used.
At the end of January, the equivalent unit data for the Mixing Department were as follows:
In addition to the above, the cost per equivalent unit were $1.80 for direct materials and $5.25 for conversion costs. Using this data, calculate the cost of the units that were transferred out of the Mixing Department and into the Refining Department.
A) $168,000
B) $110,400
C) $225,600
D) $57,600
In the Maslow hierarchy of needs, those needs that are represented by the need for achievement, status, prestige, and self-respect are referred to as ________ needs.
A. physiological B. social C. personal D. safety E. self-actualization