Boeing just signed a contract to sell a boeing 737 aircraft to air france. air france will be billed €20 million payable in one year. the current spot exchange rate is $1.05/€ and the one-year forward rate is $1.10/€. interest rate is 6.0% per annum in the u. s. and 5.0% per annum in france. boeing is concerned with the volatile exchange rate between the dollar and the euro and would like to hedge its foreign currency exposure.

Based on the supply and demand theory, why do medical doctors earn higher wages than child-care workers?

Suppose that a worker in agland can produce either 10 units of organic grain or 2 units of incense per year, and a worker in zenland can produce either 5 units of organic grain or 15 units of incense per year. there are 20 workers in agland and 10 workers in zenland. currently the two countries do not trade. agland produces and consumes 100 units of grain and 20 units of incense per year. zenland produces and consumes 50 units of grain and no incense per year. if each country made the decision to specialize in producing the good in which it has a comparative advantage, then the combined yearly output of the two countries would increase by a. 30 units of grain and 100 units of incense. b. 30 units of grain and 150 units of incense. c. 50 units of grain and 90 units of incense. d. 50 units of grain and 130 units of ince

For the year ended december 31, a company has revenues of $323,000 and expenses of $199,000. the company paid $52,400 in dividends during the year. the balance in the retained earnings account before closing is $87,000. which of the following entries would be used to close the dividends account?