Business, 13.04.2021 01:00 grecie9643
Chavez S. A. Chavez S. A., a Venezuelan company, wishes to borrow $7,500,000 for eight weeks. A rate of % per annum is quoted by potential lenders in New York, Great Britain, and Switzerland using, respectively, international, British, and the Swiss-eurobond definitions of interest (day count conventions). Although all three currency markets assume a 360-day year for interest rate calculations, the U. S. and British markets use the exact number of days in the period in question, 56 days in this case, while the Swiss market assumes a standardized 30-day month. From which source should Chavez borrow? The interest charge on the principal from lenders in New York is $ nothing. (Round to the nearest cent.)
Answers: 2
Business, 22.06.2019 06:10
Investment x offers to pay you $5,700 per year for 9 years, whereas investment y offers to pay you $8,300 per year for 5 years. if the discount rate is 6 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) present value investment x $ investment y $ if the discount rate is 16 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) present value investment x $ investment y
Answers: 1
Business, 22.06.2019 06:30
Select all that apply. what do opponents of minimum wage believe are the results of minimum wage? increases personal income results in job shortages causes unemployment raises prices of goods
Answers: 1
Business, 22.06.2019 13:30
On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?
Answers: 3
Business, 22.06.2019 23:50
Harris fabrics computes its predetermined overhead rate annually on the basis of direct labor-hours. at the beginning of the year, it estimated that 34,000 direct labor-hours would be required for the period’s estimated level of production. the company also estimated $599,000 of fixed manufacturing overhead expenses for the coming period and variable manufacturing overhead of $3.00 per direct labor-hour. harris's actual manufacturing overhead for the year was $768,234 and its actual total direct labor was 34,500 hours.required: compute the company's predetermined overhead rate for the year. (round your answer to 2 decimal places.)
Answers: 2
Chavez S. A. Chavez S. A., a Venezuelan company, wishes to borrow $7,500,000 for eight weeks. A r...
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