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zalisa [80]
2 years ago
14

Jetta production cost in 2002 and 2003 was 12,000 Euro per Jetta. Jettas were sold in US at $13,000 in 2002 and 2003. Forward he

dge exchange rate was 1 $/Euro in 2003. The market exchange rate was 1.15 $/Euro (i.e. rate without hedge) in 2003. If 9,000 Jetta were sold in US, in 2003, by 60% forward hedge and 40% not hedged. What would be profits or loss from sales of 9,000 Jetta in US?

Business
1 answer:
Tcecarenko [31]2 years ago
5 0

Answer:

Profit of 2.895 million Euro.

Explanation:

Please find attached

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A streaming music site changed its format to focus on previously unreleased music from rising artists. the site manager now want
pishuonlain [190]

Answer : The p-value of 0.0743 is greater than alpha at 0.05; so we fail to reject the null hypothesis and conclude that there is no significant difference in the number of unique users before and after a change in policy.

In this question, the manager wants to know if the number of users has changed.

So, the null and alternate hypotheses are:

Null Hypothesis: {H_{0}}: \mu = 131,520

Alternate Hypothesis : {H_{1}}: \mu \not\equiv 131,520

Type of test : Two-tailed test

The level of significance is 95%

We can calculate alpha (α) as follows:

\alpha = 1- Confidence Level

\alpha = 1- 0.95
\alpha = 0.05

The p value = 0.0743.

We use the following rules to arrive at a conclusion when p-values and alpha is given:

If p-value < \alpha, reject the null hypothesis

If p-value \geq \alpha, we don't reject the null hypothesis.

Since the p-value is greater than alpha, we don't reject the null hypothesis.

4 0
2 years ago
GNP equals GDP7)A)plus net receipts of factor income from the rest of the world.B)minus receipts of factor income from the rest
xeze [42]

Answer:

The answer is A. Plus net receipts of factor income from the rest of the world

Explanation:

Gross National Product (GNP) measures the total output produced by a citizen of a country regardless of whether the production occurs domestically or overseas in a given period of time. while Gross Domestic Product(GDP) is the market value of all final goods and services produced within the economy in a given period of time.

For example, a citizen of United States that produced outside the country will not count for GDP but will count in the GNP.

It is only goods produced within a country that counts for GDP excluding the ones produced outside the country.

But for GNP, it includes GDP and the one outside produced by its citizens

3 0
2 years ago
On December 31, 2017, Dow Steel Corporation had 770,000 shares of common stock and 47,000 shares of 9%, noncumulative, nonconver
Oksana_A [137]

Answer:

EPS = 3.37

Explanation:

<u>First step we will calculate the income after paying the preferred dividends</u>

net income 2,950,000

86,000 preferred stock dividends

earnings for common stock: 2,864,000

<u>Then we calcualte the average shares outstanding</u>

Feb 28th 68,000 sold shares

May 15th 770,000 x 5% = 38,500 new shares

July 1st 4,000 shares retired

weighted average shares:

770,000 +68,000 x 10/12 + 38,500 x 7.5/12 - 4,000 x 6/12  = 848729.1667

average shares 848,729

<em>Earning per share</em>

(net income - preferred stock) / weighted average shares outstanding

2,864,000 / 848,729 = 3,.744 = 3.37

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I'm assuming you want to talk about accountants, that is a practitioner of accounting or accountancy. They do disclosure or provision of assurance about financial information. This in turn helps managers, investors, tax authorities and others make decisions about allocating resource.
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2 years ago
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