PLEASE SHOW WORK
Princess Cruise Company (PCC) purchased a ship from Mitsubishi Heavy Industry. PCC owes Mitsubishi Heavy Industry 500 million yen in one year. The current spot rate is 124 yen per dollar and the one-year forward rate is 110 yen per dollar. The annual interest rate is 5% in Japan and 8% in the U.S. PCC can also buy a one-year call option on yen at the strike price of $.0081 per yen for a premium of .014 cents per yen.
(a) Compute the future dollar costs of meeting this obligation using the money market hedge and the forward hedges.
(b) Assuming that the forward exchange rate is the best predictor of the future spot rate, compute the expected future dollar cost of meeting this obligation when the option hedge is used.
(c) At what future spot rate do you think PCC may be indifferent between the option and forward hedge?
PLEASE SHOW WORK
In: Accounting
Prepare Journal Entries, Trial Balance, and Income Statements
Oct 1. Graham invested $90,000 cash, a 36,000 computer system, and $18,000 of office equipment in the business
Oct 2. Paid rent in advance $9,000
Oct 3. Purchased computer supplies oncredit for $ 2,640 from Abbott Office Products.
Oct 5. Paid $4,320 cash for one yesr's premium on a property and liability insurance policy
Oct 6. Billed Capital Leasing $6,600 for installing new computer
Oct 8. Paid for the computer supplies purchased from Abbott Office Products
Oct 10. Hired Carly Smith as a part0time asistanat for $200 per day, as needed
Oct 12. Billed Capital Leasing another $2,400 for computer services rendered
Oct1 15. Received $6,600 from Capital leasing on its account
Oct 17. Paid $1,410 to repair computer equipment damaged when movng to a new office
Oct 20. Paid $3,720 for and advertisement in the local newspaper
Oct 22. Received $2,400 from Capital Leasing on its account
Oct 28. Billed Decker Company $6,450 for services
Oct 31. Paid Carly Smith for seven days work
Oct 31. Withdrew $7,200 cash from the business for personal use
Nov 1. Reimbursed graham's business automobile expense for 1,000 kilometers at $1.00 per kilometer
Nov 2. Received $9,300 cash from Elite Corporation for computer services rendered
Nov 5. Purchased $1,920 of computer supplies for cash from Abbott Office Products
Nov 8. Billed Fostek Co. $8,700 for computer services rendered
Nov 13. Notified by Alamo Engineering Co. that Echo's bid of $7,500 for an upcoming project was accepted
Nov 18. Received $3,750 from Decker Company againts the bill dated October 28
Nov 22. Donated $1,500 to the United Way in the company's name
Nove 24. Completed work fr Alamo Engineering Co. and sent a bill for $7,500
Nov 25. Sent another bill to Decker Company for the past due amount of $2,700
Nov 28. Reimbursed Graham's business expense for $1,200 kilometers at $1.00 per kilometer
Nov 30. Paid Carly Smith for 14 days work
Nov 30. Withdrew $3,600 cash from the business for personal use
In: Accounting
From Leiyu Shi and Douglas A. Singh. (2017). Delivering Health Care in America: A Systems Approach. 7th
Your textbook makes a brief mention of globalization as one of the forces that will impact on the future of health care delivery in this country. How do you think that has changed over the last year, and what new things do you see on the horizon?
In: Nursing
Globalization has an effect on overall human health. The way we eat in America has expanded to other countries, such as Jamaica. The country now has fast food outlets like KFC and Wendy’s available, this was previously not part of the Jamaican diet. Discuss the health implications of globalization at a population level and provide at least two examples of how this impacts health.
In: Biology
QUESTION: Last week I gave a statistic from Wikipedia which listed the average weight of a person in North America was 177.9. I don’t think this value is correct. Use our class data to test my claim. Use α=.05.
CLASS DATA:
the average weight of a person is 165.1
the standard deviation is 36.3
sample size is 261
In: Statistics and Probability
(a) Use a graphical approach to explain the effect of the following changes.
i. A new Covid 19 face mask, made in America, is successful in sales to canada.
ii. canada reduces its interest rate compared to the U.S., causing investors to sell canada’s bonds and buy U.S. bonds.
iii. Canadians, unhappy with monetary unification, transfer their bank balances to the U.S.
In: Economics
Based on Chapter 8, Reading 23 titled "Unequal Childhood- Class, Race and Family Life" (Page 306) of book Family in Transition 15th Edition by Skolnick & Skolnick
Q. Discuss some of the preconceptions regarding family life in America and why the family is theoretically significant.
The pdf of book is available free at
https://1drv.ms/b/s!Aq4Y5j0NgDNugSM0_lnXdbap4wwn
In: Psychology
Bronner’s Christmas Store is one of the largest in America. Bronner’s currently has one store located in Frankenmuth, Michigan. Bronner’s has decided to open up a second store in Heidelberg, Germany. Reflecting on each chapter in our textbook, respond to each of the following questions as though you were hired to be a consultant to Bronner’s.
What will be your staffing policy in Germany?
In: Operations Management
- YOU ARE A MOTOR COACH ENTHUSIAST...YOU ARE TRAVELLING ALL OVER NORTH AMERICA USING MOTOR COACHES? YOU HAVE THREE MONTHS TO SEE THE WHOLE OF CANADA AND THE U.S.A AND HAVE $30,000.00, WHICH MOTORCOACH COMPANY WILL YOU CHOOSE AND WHY? INCLUDE YOUR BUDGET AND DISCUSS YOUR REASON WITH REAL LIFE EXAMPLES.
- WRITE AN ESSAY OF 250 - 300 WORDS
In: Psychology
Bronner’s Christmas Store is one of the largest in America. Bronner’s currently has one store located in Frankenmuth, Michigan. Bronner’s has decided to open up a second store in Heidelberg, Germany. Reflecting on each chapter in our textbook, respond to each of the following questions as though you were hired to be a consultant to Bronner’s.
What will be your staffing policy in Germany?
In: Operations Management