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The 2-month interest rates in Switzerland and the United States are, respectively, 3% and 8% per annum with continuous compounding. The spot price of the Swiss franc is $0.6500. The futures price for a contract deliverable in 2 months is $0.6600. What arbitrage opportunities does this create?
yengling companys payroll for the year is 593150. of this amount 211630 is for wages paid in excess of 7000 to each
chin company incureed direct materials cost of 300000 during the year manaufacturing overhead applied was 280000 and is
Compute depreciation for 2011 and 2012 and the book value of the drill press at December 31, 2011 and 2012, assuming the straight-line method is used.
what is fasbs stance on companies recording compensation expense for stock options plans? what method is preferable?
what are some ways that companies dispose of assets? what are some reasons that companies dispose
jays technology finds that the total revenue function associated with producing a new type of computer chip is
A small loan company finds 12% of its loans are defaulted for an average of 20% of the loan value. What is the expected percent of default for all their loans?
tampa foundry began operations during the current year manufacturing various products for industrial use. one such
acme corporation began 2007 with 115000 of rawmaterial inventory 250000 of work-in-process inventory and98000 of
Prepare a bond discount amortization schedule which shows the amortization of discount for the first two interest payment dates. (Round to the nearest dollar.)
Your father runs a small auto body shop. He has decided to computerize his records and has asked you to explain the basics of accounting to him so that he can enter the data into his accounting software. 1) Explain to him the rules of debits and c..
On August 1, Stuart Co. issued $1,300,000 of 20-year, 9% bonds, dated August 1, for $1,225,000. Interest is payable semiannually on February 1 and August 1. Present the entries to record the following transactions for the current year:
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