. Suppose the dollar interest rate and the pound sterling interest rate are the same,5 percent per year. What is the relation between the current equilibrium $/£ exchangerate and its expected future level? Suppose the expected future $/£ exchange rate,$1.52 per pound, remains constant as Britain’s interest rate rises to 10 percent peryear. If the U. S. interest rate also remains constant, what is the new equilibrium $/£exchange rate?

Select the word from the list that best fits the definition sometimes

Archangel manufacturing calculated a predetermined overhead allocation rate at the beginning of the year based on a percentage of direct labor costs. the production details for the year are given below. calculate the manufacturing overhead allocation rate for the year based on the above data. (round your final answer to two decimal places.) a) 42.42% b) 257.14% c) 235.71% d) 1, 206.90% archangel production details.

Use the information below to answer the following question. the boxwood company sells blankets for $60 each. the following was taken from the inventory records during may. the company had no beginning inventory on may 1. date blankets units cost may 3 purchase 5 $20 10 sale 3 17 purchase 10 $24 20 sale 6 23 sale 3 30 purchase 10 $30 assuming that the company uses the perpetual inventory system, determine the gross profit for the month of may using the lifo cost method.