Jansen company reports the following for its ski department for the year 2017. all of its costs are direct, except as noted. sales $ 605,000 cost of goods sold 425,000 salaries 112,000 ($15,000 is indirect) utilities 14,000 ($3,000 is indirect) depreciation 42,000 ($10,000 is indirect) office expenses 20,000 (all indirect) 1. prepare a departmental income statement for 2017. 2. & 3. prepare a departmental contribution to overhead report for 2017. based on these two performance reports, should jansen eliminate the ski department?

The east asiatic company (eac), a danish company with subsidiaries throughout asia, has been funding its bangkok subsidiary primarily with u.s. dollar debt because of the cost and availability of dollar capital as opposed to thai baht-denominated (b) debt. the treasurer of eac-thailand is considering a 1-year bank loan for $247,000.the current spot rate is b32.03 /$, and the dollar-based interest is 6.78% for the 1-year period. 1-year loans are 12.04% in baht.a. assuming expected inflation rates of 4.3 % and 1.24% in thailand and the united states, respectively, for the coming year, according to purchase power parity, what would the effective cost of funds be in thai baht terms? b. if eac's foreign exchange advisers believe strongly that the thai government wants to push the value of the baht down against the dollar by5% over the coming year (to promote its export competitiveness in dollar markets), what might the effective cost of funds end up being in baht terms? c. if eac could borrow thai baht at 13% per annum, would this be cheaper than either part (a) or part (b) above?