Business, 11.12.2019 04:31 katelynn73

Northrim inc. (nri), imports extreme condition outdoor wear and equipment from the allofit territories company (atc) located in canada. with the steady decline of the u. s dollar against the canadian dollar nri is finding a continued relationship with atc to be an increasingly difficult proposition. in response to nri's request, atc has proposed the following risk-sharing arrangement. first, set the current spot rate of c$1.20/8 as the base rate. as long as spot rates stay within 5% (up or down) nri will pay at the base rate. any rate outside of the 5% range, atc will share equally unth ri the difference betueen the spot rate and the base rate. if nri had a payable of c$100,000 due today and the current spot rate were c$1.17/s, how much would nri owe in u. s. dollars?

a. $85,837
b. $83,333v
c. $85,470
d. $117,000

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 14:30

As he explores his options, sergio notices that some opportunities appear to be riskier than others. when considering various opportunities, sergio should keep in mind that:

Answers: 1

Answer

Business, 21.06.2019 21:40

Morgana company identifies three activities in its manufacturing process: machine setups, machining, and inspections. estimated annual overhead cost for each activity is $168,000, $315,900, an $97,200, respectively. the cost driver for each activity and the expected annual usage are number of setups 2,100, machine hours 24,300, and number of inspections 1,800. compute the overhead rate for each activity. machine setups $ per setup machining $ per machine hour inspections $ per inspection

Answers: 1

Answer

Business, 22.06.2019 20:20

Carmen’s beauty salon has estimated monthly financing requirements for the next six months as follows: january $ 9,000 april $ 9,000 february 3,000 may 10,000 march 4,000 june 5,000 short-term financing will be utilized for the next six months. projected annual interest rates are: january 9 % april 16 % february 10 may 12 march 13 june 12 what long-term interest rate would represent a break-even point between using short-term financing and long-term financing?

Answers: 3

Answer

Business, 22.06.2019 21:10

Which of the following statements is (are) true? i. free entry to a perfectly competitive industry results in the industry's firms earning zero economic profit in the long run, except for the most efficient producers, who may earn economic rent. ii. in a perfectly competitive market, long-run equilibrium is characterized by lmc < p < latc. iii. if a competitive industry is in long-run equilibrium, a decrease in demand causes firms to earn negative profit because the market price will fall below average total cost.

Answers: 3

Answer

You know the right answer?

Northrim inc. (nri), imports extreme condition outdoor wear and equipment from the allofit territori...

Questions