if purchases are relatively uniform under the periodic inventory method, which inventory cost method would provide similar results to the physical flow of goods during the accounting period?

Answers

Answer 1

If purchases are relatively uniform under the periodic inventory method, The inventory cost method would provide similar results to the physical flow of goods during the accounting period is "the cost of each unit of inventory by dividing the total cost of goods".

The inventory cost is  the cost of goods sold is determined by subtracting the ending inventory from sum of the beginning inventory and purchases during the accounting period.

This method calculates the cost of each unit of inventory by dividing the total cost of goods available for sale by the total number of units available for sale.

The weighted average cost method can provide a reasonable idea of the actual cost of goods sold during the accounting period, if purchases are relatively uniform.

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Related Questions

which of these is the interest rate that is actually observed in financial markets?

Answers

The interest rate that is actually observed in financial markets is the market interest rate.

The market interest rate is the interest rate that banks and other financial institutions charge one another for lending and borrowing funds. It is determined by the forces of supply and demand in the financial markets and is typically influenced by the Federal Reserve's monetary policy.

It is also affected by economic conditions, such as inflation, unemployment, and GDP growth. The market interest rate is used to determine the cost of borrowing money, and is the rate of return investors can expect on investments.

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Dennis is doing the bookkeeping for his business. He is determining his assets, liabilities,
and owner's equity so he can see the financial state of his business on any given day.
What financial statement would MOST likely help him with this process?

Answers

The financial statement that would most likely help Dennis with determining his assets, liabilities, and owner's equity is the balance sheet. The balance sheet is a snapshot of a business's financial position at a specific point in time. It lists the assets of the business, such as cash, accounts receivable, inventory, and property, plant, and equipment.


By examining the balance sheet, Dennis can see the financial state of his business on any given day. He can see how much cash he has available to operate his business, how much inventory he has on hand, and how much he owes to creditors. He can also see how much of the business's assets are financed by debt and how much by owner's equity. It also lists the liabilities of the business, such as accounts payable, loans payable, and accrued expenses.

Finally, it lists the owner's equity, which is the difference between the assets and liabilities. The balance sheet is an important tool for business owners, as it provides a clear picture of the financial health of the business. It allows Dennis to make informed decisions about how to manage his business and plan for its future. By regularly reviewing his balance sheet, Dennis can identify trends and take action to improve the financial performance of his business.

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Answer the following 2 questions using time value of money (your financial calculator or Excel including inputs).
I can only put away $2,000 a year toward retirement. I am 25 and plan on retiring at 65 and earning 5%. How much will I have at retirement?
I want to be able to have $50,000 a year during retirement. I want to make sure that I can have it until I am 100 years old. I plan to retire at 65. I can earn 5%. How much do I need to have at retirement to be able to make it?

Answers

Answer:

Question 1:

PV = 0, FV = ?, PMT = -2000, n = 40, i = 5

Using a financial calculator or Excel, solving for FV, we get:

FV = $200,418.12

Therefore, with an annual contribution of $2,000 and earning 5%, at the age of 65, the retirement fund will have a balance of approximately $200,418.12.

Question 2:

PV = ?, FV = 0, PMT = -50,000, n = (100-65)= 35 years x 12 = 420 months, i = 5/12

Using a financial calculator or Excel, solving for PV, we get:

PV = $1,018,788.83

Therefore, to have $50,000 per year during retirement until the age of 100, with an earning rate of 5% and inflation not being accounted for, we need to have a retirement fund balance of approximately $1,018,788.83 at the age of 65.

Janet wants to line a block of text on the right what up come in and allow her to do this
a. indet
b. window control
c. justification
d. line and page breaks

Answers

Answer:

I believe the answer would be C. Justification

Explanation:

She would be allowed to do this.

what is money you are paid based on a sertain number of hours worked multiplied by the rate earned per hour. A-royalty B-wage C-gift D-profit

Answers

Wage is the amount of money you get paid depending on the number of hours worked multiplied by the hourly rate. Hence, the correct answer is wage.

What is a wage?

A wage is a payment made by an employer to an employee for work done within a specific time frame. Wage payments include compensating expenditures such as the minimum wage, prevailing wage, and annual bonuses, as well as remunerative payments such as prizes and tip payouts. Wages are one of the expenses that come with owning a business. It is a commitment to the employee regardless of the success of the firm. The monetary unit that correlates to the standard units of working hours is the wage. The first such unit of time was the day of work, which is still frequently used today.

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Which of the following descriptions best describes a focus group? a) A qualitative market research technique b) A behavioural segment c) A promotional tool d) A pressure group

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The best description of a focus group is a) A qualitative market research technique.

A focus group is a market research technique that involves a small group of individuals, typically selected based on specific criteria, gathering to participate in a guided discussion facilitated by a moderator. The purpose of a focus group is to obtain qualitative insights, opinions, perceptions, and attitudes regarding a particular product, service, concept, or topic.

During a focus group session, participants are encouraged to express their thoughts, ideas, and experiences openly. The moderator facilitates the discussion by asking questions, probing for deeper insights, and encouraging interaction among the participants. The group dynamic allows for the exploration of different perspectives and the generation of rich qualitative data.

Focus groups are widely used in market research to gather in-depth qualitative information, explore consumer preferences, test new product concepts, evaluate marketing messages, and gain insights into customer needs and behaviors. They provide valuable insights that help organizations understand their target audience, make informed decisions, and develop effective marketing strategies.

A focus group is a group of people brought together to dicuss a given subject such as a new innovation. The reactions of the focus group is studied and used to draw conclusions.

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What refers to the study of your strengths and weakness and the identification of your area of interest?

Answers

Answer:

Personality inventory

Explanation:

Unemployment that is caused by business recessions is called.

Answers

Answer:

Cyclical unemployment

Explanation:

Students will research using the internet what a typical day looks like for various types of workers (CEO, general and middle managers, custodians, etc.) in a business of their choice.

Students will develop a short presentation on their findings of how these different working groups are treated and respected and their responsibilities.

Be sure to relate it to the field of business and include requirements, if any, for the job.

The conclusion should include big takeaways from the student’s perspective of what they would change if they were in charge and how their perception has changed regarding the organization that they chose to research.

Answers

Answer:

For this presentation, I researched the typical day for various types of workers in a business and found interesting differences in how they are treated and respected in their respective positions.

First, let's look at CEOs. A typical day for a CEO can include attending board meetings, meeting with investors, setting company strategy, and representing the company in public events. CEOs are responsible for the overall success of the company and making important decisions that impact the entire organization. They are typically well-respected and compensated for their role.

Next, let's look at general and middle managers. These individuals are responsible for overseeing specific departments or teams within the organization. A typical day for a general or middle manager can include attending meetings with their team, reviewing performance metrics, and working with other managers to ensure the success of the organization. They are generally respected within their departments and have a good understanding of the day-to-day operations of the business.

Finally, let's look at custodians. A typical day for a custodian can include cleaning the office, restocking supplies, and ensuring the building is in good condition. While custodians may not have the same level of responsibility as CEOs or managers, they are still an important part of the organization and play a crucial role in maintaining a safe and clean work environment. Unfortunately, custodians are sometimes undervalued and may not receive the same level of respect as other positions in the organization.

In terms of job requirements, CEOs typically have extensive business experience and a strong track record of success. General and middle managers typically have a degree in business or a related field and experience in their specific industry. Custodians may not have any formal education requirements, but they should have good communication skills and be able to work independently.

In terms of big takeaways, it's clear that different positions within an organization require different levels of responsibility and expertise. However, it's important to remember that all positions are important and contribute to the overall success of the business. As a manager, I would strive to create a culture of respect and appreciation for all employees, regardless of their position. My perception of the importance of custodians has also changed, and I would ensure that they receive the respect and recognition they deserve for their important work.

Explanation:

Which one of the following transactions is included in a current year's GDP as investment spending?
Select one:
a. Ronnie bought a new BMW.
b. ABC company purchased 10,000 shares of IBM stock.
c. Maggie bought a play-gym set for her day-care business.
d. Anton purchased his friend's condo.

Answers

Maggie bought a play-gym set for her day-care business is included in a current year's GDP as investment spending.

How can spending on investments boost GDP?

Business investment has the potential to affect both the short- and long-term expansion of the economy. A growth in business investment directly raises the current level of gross domestic product because physical capital is created and sold (GDP).

What elements make up the GDP?

Government spending, corporate investment, consumer consumption, and net exports make up the GDP's four main components. Residential investment (housing), inventory investment, and commercial fixed investment are the three types of investment spending.

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The article mentions that if you are owed a refund from the irs, you won’t be penalized if you file your tax return late. However, why might you want to file your tax return on time?.

Answers

You might  want file your tax return on time to avoid penalty.

What is tax return?

Tax return is the tax amount that a person or an individual remit to the government.

You wont be penalized if you file your tax return late but you might be penalize if you refuse to file your tax return within the stipulated due date or before the due date given to you by tax authority.

Inconclusion you might  want file your tax return on time to avoid penalty.

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The Hull Petroleum Company and Inverted V are retail gasoline franchises that compete in a local market to sell gasoline to consumers. Hull and Inverted V are located across the street from each other and can observe the prices posted on each other's marquees. Demand for gasoline in this market is Q= 80-12 and both franchises obtain gasoline from their supplier at $410 per gallon. On the day that both franchises opened for business, each owner was observed changing the price of gasoline advertised on its marquee more than 10 times: the owner of Hull lowered its price to slightly undercut Inverted V's price, and the owner of Inverted V lowered its advertised price to beat Hull's price. Since then, prices appear to have stabilized. Under current conditions, how many gallons of gasoline are sold in the market, and at what price? Instructions: Enter your responses rounded to the nearest two decimal places Gallons sold: Price: $

Answers

Answer:

I believe that the demand equation is incomplete, since there is no price (P).

If we just solve this equation like it is, the quantity demanded = 80 - 12 = 68 gallons

if we add the price into the equation:

Q = 80 - 12P

since this is a competitive market, in order to maximize profits, marginal revenue = marginal cost = $4.10 per gallon (not $410).

That means that both companies will sell gasoline at $4.10 per gallon

equilibrium quantity = 80 - (12 x 4.10) = 30.8 gallons of gasoline

Automatic stabilizers can do which of the following?A. offset the destabilizing influence of changes in tax revenuesB. aid the economy to move away from the full-employment output levelC. allow policymakers to formulate a set of rules flexible and comprehensive enough to eliminate discretionary actionsD. cause tax revenues to decrease when GDP decreases and to increase when GDP increasesE. allow policymakers to prescribe public works programs during inflationary periods because expenditures for unemployment and welfare have correspondingly decreased

Answers

Answer:

D. cause tax revenues to decrease when GDP decreases and to increase when GDP increases.

Explanation:

Gross Domestic Products (GDP) is a measure of the total market value of all finished goods and services made within a country during a specific period.

Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country.

Automatic stabilizers can be defined as changes in government spending or taxes and consequently, raises aggregate demand without the intervention of policy makers when an economy falls into recession.

In Economics, it is also referred to as built-in stability and this means that with given tax rates and expenditures policies such as fiscal and monetary policy; an increase in domestic income will reduce a budget deficit or produce a budget surplus, while a decline in income will result in a deficit or a lower budget surplus.

Basically, an automatic stabilizer is an economic system or policies that automatically shore up or strengthen the Gross Domestic Products (GDP) without specific government intervention for sustenance or creation of stability in the economic cycle of a country.

Hence, automatic stabilizers can cause tax revenues to decrease when GDP decreases and to increase when GDP increases.

The text states: "If supervisors communicate effectively with employees, deal with their concerns, and treat them fairly, employees are far less likely to be interested in forming or joining a union." Do you agree or disagree with this statement? Why?

Answers

While effective communication and fair treatment are essential elements in maintaining positive employer-employee relationships, they do not guarantee the absence of interest in forming or joining a union.

answer: disagree. effective communication and fair treatment alone cannot guarantee employees' disinterest in forming or joining a union. other factors like job dissatisfaction, lack of representation, or collective bargaining needs may still motivate employees to seek unionization.

while effective communication, addressing concerns, and fair treatment can positively impact employee satisfaction and reduce the likelihood of unionization, they are not the sole determining factors. employees may have other reasons for considering unionization, such as a desire for stronger collective bargaining power, improved working conditions, or better job security.

the decision to form or join a union is influenced by various complex factors, including perceived inequities in the workplace, the need for greater job protection, or a desire for a collective voice. even in cases where supervisors excel in communication and fairness, employees may still feel the need for a union to address broader systemic issues.

additionally, external factors like industry norms, economic conditions, or labor relations history can also play a significant role in employees' decision to seek union representation.

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2 Consider Figure 2.11. Undertake a similar exercise for different markets (e.g. Germany, United
States, China) and reflect on the implications of the brand positioning in terms of facilities and
services on board.

Answers

Brand positioning gives customers the reasons to buy one product over another.

How is branding important?

It should be noted that brand positioning can be affected by aspects such ad style and, brand personality, customer types, and company reputation

A brand positioning statement is the description of your target market that includes a holistic picture of how you will like your brand to be perceived by customers.

You can use brand positioning to influence what a consumer thinks of your product or brand. Then the resulting consumer mental image has an impact on purchasing decisions.

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the higher the expected inflation rate in the future, the more costly to borrow money, is this statement correct? why or why not?

Answers

The statement "the higher the expected inflation rate in the future, the more costly to borrow money" is generally true. This is because inflation erodes the purchasing power of money over time.

If the inflation rate is expected to be high in the future, lenders will demand higher interest rates to compensate for the loss in the value of the money they will receive back from the borrower. This means that borrowers will have to pay more in interest to secure loans, making borrowing money more costly.
In addition, high inflation rates may also lead to higher costs of goods and services, which could also increase the cost of borrowing money. For example, if the inflation rate is high, businesses may increase prices to maintain their profit margins. This means that borrowers will need more money to cover the costs of borrowing, which could further increase the cost of borrowing.
Overall, it is important to consider inflation rates when borrowing money as they can significantly impact the cost of borrowing. As such, borrowers should carefully assess their borrowing needs and consider the impact of inflation on their ability to repay the loan.

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the u.s. government agency that is responsible for regulating the process by which issuers raise capital is:

Answers

This same Securities and Exchange Commission (SEC) seems to be a federal watchdog organization in the United States tasked with policing the securities industry and safeguarding investors.

What function does an investor serve?

An investor is somebody who invests money with the hope of making a profit or gaining an advantage in the future (interest). The majority of the time, the bank invests some kind of property using this assigned funds.

Why do investors buy securities?

Investing is a successful approach to use your money and possibly increase your fortune. Your money may grow in value and outpace inflation if you make wise investment decisions. The force of compound and the trade-off between risk and return are the main reasons investment has a higher growth potential.

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Please help
9. Describe preventing/controlling risk in relation to how businesses deal with each of the
following:
a. Safety-
b. Security-
c. Employee incompetence-
d. Product selection-
e. Credit-
f. Changes-
g. Weather extremes-

Answers

a. Safety - Businesses can prevent and control risks related to safety by implementing safety protocols and guidelines, providing adequate training to employees, regularly inspecting equipment and facilities, and promptly addressing any safety concerns.

b. Security - Businesses can prevent and control risks related to security by implementing access control measures, using security cameras and alarms, regularly reviewing and updating their security policies, and training employees on how to identify and respond to security threats.

c. Employee incompetence - Businesses can prevent and control risks related to employee incompetence by providing thorough training and development programs, setting clear performance expectations, and regularly monitoring employee performance and providing feedback.

d. Product selection - Businesses can prevent and control risks related to product selection by conducting thorough research on products, identifying potential risks and liabilities associated with them, and regularly reviewing and updating their product selection policies.

e. Credit - Businesses can prevent and control risks related to credit by establishing credit policies and procedures, conducting credit checks on customers, setting credit limits, and regularly monitoring accounts receivable.

f. Changes - Businesses can prevent and control risks related to changes by conducting thorough risk assessments before implementing any changes, communicating changes to stakeholders, establishing contingency plans, and regularly reviewing and updating their change management policies.

g. Weather extremes - Businesses can prevent and control risks related to weather extremes by implementing weather emergency protocols, regularly monitoring weather forecasts, having emergency supplies on hand, and regularly reviewing and updating their weather emergency plans.

\( \: \)

Final answer:

Preventing and controlling risk in business involves implementing various strategies for different aspects such as safety, security, employee competence, product selection, credit, changes, and weather extremes.

Explanation:Preventing/Controlling Risk in BusinessSafety: Businesses can prevent safety risks by implementing safety measures such as providing proper training, enforcing safety protocols, and conducting regular inspections.Security: Businesses can control security risks by installing security systems, implementing access control measures, and conducting background checks on employees.Employee incompetence: Businesses can prevent employee incompetence risks by providing comprehensive training programs, establishing clear performance expectations, and conducting periodic performance evaluations.Product selection: Businesses can control product selection risks by conducting thorough market research, partnering with reputable suppliers, and performing product testing.Credit: Businesses can prevent credit risks by setting strict credit policies, conducting credit checks on customers, and implementing effective collection procedures.Changes: Businesses can control risks associated with changes by implementing change management strategies, communicating effectively with stakeholders, and conducting impact assessments.Weather extremes: Businesses can prevent or mitigate risks associated with weather extremes by implementing weather monitoring systems, having emergency response plans in place, and investing in appropriate insurance coverage.

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Negotiated transfer prices Blank______. Multiple select question. use the expertise of managers in weighing the costs and benefits of the transfer ensure that the supplying division will receive a market price are consistent with decentralization preserve the autonomy of the divisions ensure that all common costs will be covered

Answers

Negotiated transfer prices Blank uses the expertise of managers in weighing the costs and benefits of the transfer.

What is negotiated transfer pricing?

Negotiated transfer pricing refers to when firm representatives negotiate rates on their own, rather than relying solely on market prices.

Learn about the benefits and drawbacks of adopting negotiated transfer pricing through the example of two companies' negotiations. Transfer prices negotiated assesses the costs and benefits of the transfer with the help of managers.

Therefore, option A is correct.

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why is it important to protect profit motive in a mixed economy

Answers

Answer:

A company's profit motive benefits consumers by ensuring the products and services they need are available at a high quality.

Explanation:

I looked it up, cause I don't know much about this stuff, but I hope it helps you!

a relative price is select one: a. a measure of overall prices at a particular point in time. b. the price of a specific good in comparison to the prices of other goods and services. c. the percentage change in a price index such as the cpi. d. the rate of inflation.

Answers

A relative price is the price of a specific good in comparison to the prices of other goods and services. This means that it is a measure of the value of one good or service in relation to others. For example, if the price of bread increases compared to the price of milk, then the relative price of bread has gone up.

This is an important concept in economics as it helps to explain how prices change over time and how consumers make choices about what to buy. It is important to note that relative prices can fluctuate due to changes in supply and demand, changes in production costs, or changes in consumer preferences. In order to fully understand relative prices, it is necessary to look at them over a long period of time and to take into account other economic factors that may be affecting them.
 A relative price is: b. the price of a specific good in comparison to the prices of other goods and services. In other words, it is a measure of how much one good or service costs compared to other goods and services in the market. This comparison allows you to understand the value of a particular item in relation to others, which can help in making informed decisions when purchasing goods or services.

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Elysha has a monthly gross income of $3,000 and a monthly debt load of $500. How can her debt-to-income ratio be classified?

Answers

Answer:

Her debt to income ratio is classified as favorable

Explanation:

The given information are;

Elysha's gross monthly income = $3,000

The amount she pays as debt each month = $500

Therefore, her debt to in to income ratio, DTI, is given as follows;

DTI = (Amount payed as debt)/(Gross income) = $500/$3,000 ≈ 0.167

We multiply by 100 to express the result as a percentage, to get;

0.167 × 100 = 16.7%

Given that her debt to income ration is less than 35%, her debt to income ratio is classified as favorable and she has a manageable debt.

Answer: Good—between 15 and 20 percent

Explanation: All you have to do is find what the different percents of 3,000 are and see which one is the closest.

Which of the following statements is false?

a. Flexible budgets are based on different assumptions about cost behavior than those used for static budgets.
b. A flexible budget is also called a variable budget.
c. Flexible budgets are prepared for a range of activity.
d. Flexible budgets are matched to actual levels of activity.

Answers

The false statement is: a. Flexible budgets are based on different assumptions about cost behavior than those used for static budgets.

The correct statement is that flexible budgets are based on the same assumptions about cost behavior as those used for static budgets. Flexible budgets are prepared to accommodate different levels of activity and provide a more accurate evaluation of performance by matching the budgeted costs to the actual levels of activity.

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types of environment ?​

Answers

Ecosystem

Desert

Forest

Tundra

Aquatic ecosystem

every month a group of workers at orkden pharmacy meets at the company head office to discuss issues pertaining to equipment maintenance, workplace safety, and drug quality. the workers provide suggestions to the top management about how to solve most of these problems, but the decision to take any action is completely up to the top management. this group is an example of a(n)

Answers

Every month a group of workers at orkden pharmacy meets at the company head office to discuss issues pertaining to equipment maintenance, workplace safety, and drug quality. the workers provide suggestions to the top management about how to solve most of these problems, but the decision to take any action is completely up to the top management. this group is an example of employee involvement team

What is employee involvement?

Employee involvement is defined as the active participation of employees in a company's mission and goals by contributing their own knowledge, skills, and energy to problem-solving and decision-making.

At the company's headquarters, a group of orkden pharmacy employees gather once a month to discuss concerns regarding workplace safety, equipment upkeep, and drug quality. Most of these issues are addressed by the workers' suggestions to the top management, but the choice to take any action is entirely up to the top management. This team is an illustration of an employee involvement group.

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which of the following taxes may be imposed in addition to the individual income tax and are calculated on tax bases other than the regular taxable income? (check all that apply.) multiple select question. capital gains tax self-employment tax value-added tax alternative minimum tax

Answers

b. Self-employment tax and d. Alternative minimum tax may be imposed in addition to the individual income tax and are calculated on tax bases other than the regular taxable income

An entrepreneur, or those who operate for themselves or run their own enterprises, are subject to self-employment tax. Based on net self-employment income, which includes the total revenue from a partnership or sole proprietorship, this tariff is determined. This tariff must be paid by self-employed people in addition to their standard individual income tax.

High-income persons are required to pay at least a specific amount of tariff under the Alternative Minimum Tax, regardless of the deductions and credits they would be entitled for under the standard tax regime. Since it is calculated using a different set of regulations than the normal individual income tax, it might be relevant to those with relatively large earnings, significant deductions, or particular categories of income.

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yall anyone give me a mission statement to use please !!!!!

Answers

Answer:

need to know what its about?

Explanation:

give me an example of a traditional economy.​

Answers

Answer:

agriculture, fishing, hunting, gathering,

Explanation: Hope that helps :)

The spot rate is $1.20 per euro and the one year ahead forward rate is $1.25 per euro. If one year later the spot rate ends up being $1.22 per euro what is the profit/loss for a speculator who bought 100 euros at the forward rate?

Answers

The speculator incurred a loss of $3 by buying 100 euros at the forward rate.

To calculate the profit or loss for the speculator, we need to compare the difference between the forward rate and the actual spot rate at the end of one year.

The speculator bought 100 euros at the forward rate of $1.25 per euro, which means the initial investment was 100 euros * $1.25 = $125.

At the end of one year, the spot rate ended up being $1.22 per euro. To calculate the value of the 100 euros at the spot rate, we multiply the euros by the spot rate:

100 euros * $1.22 = $122.

To determine the profit or loss, we subtract the initial investment from the final value:

Profit/Loss = Final Value - Initial Investment

Profit/Loss = $122 - $125

Profit/Loss = -$3.

Based on the given rates, the speculator incurred a loss of $3. Therefore, the speculator experienced a $3 loss on the investment of 100 euros over the one-year period.

It's important to note that the forward rate is a contractual agreement to exchange currencies at a predetermined rate in the future. The actual spot rate at the end of the period may differ, resulting in potential profits or losses for the speculator depending on the direction of the currency's movement. In this case, the speculator faced a loss due to the spot rate being lower than the forward rate.

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The collection of interactions a company has with a customer who has already purchased a product is called . When dealing with customers face-to-face, a good customer service technique is to . When speaking with customers over the phone, it is important to be aware of because it can change the meaning of what is said.

Answers

Answer:

A customer is frustrated with your company after being directed to several different departments. The customer's problem has not been resolved.

What is the most important thing a customer service agent should remember in this situation?:

If the customer appears to be frustrated the company service agent should try to understand the situation and should be familiar with the situation.

What is a customer service techique ?

A good service technique is the face to face interaction, first listen, summarize the problems, and repeat one should try to get a detailed insight into the problem and understand the client's frustration they should remember to tackle the situation carefully. They should have patience, empathy, and other qualities.

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