I am looking to safely invest 1 billion pounds in cash for the next year - assuming that I start in pounds and end in pounds. I have 3 alternatives: 1) a pound bank account with an interest rate of 3.0%,
2) a yen bank account with an interest rate of 4%,
and 3) a dollar bank of account with an interest rate of 2%.
The following spot and forward quotes are observed in the currency markets:
Spot 0L/$ = L1.00/$
Spot 0L/Y = L0.0100/Y
Forward 1 year L/$ = L1.01/$
Forward 1 year L/Y = L0.0099/Y
Rank my alternatives - Show your supporting calculations:
Account to Invest in
Rank (1, 2, of 3)
Pounds
Yen
Dollars

Aaron corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 102 units in beginning inventory 0 units produced 4,900 units sold 4,260 units in ending inventory 640 variable costs per unit: direct materials $ 20 direct labor $ 41 variable manufacturing overhead $ 5 variable selling and administrative expense $ 4 fixed costs: fixed manufacturing overhead $ 64,200 fixed selling and administrative expense $ 2,900 the total contribution margin for the month under variable costing is:

Rate of return douglas keel, a financial analyst for orange industries, wishes to estimate the rate of return for two similar-risk investments, x and y. douglas's research indicates that the immediate past returns will serve as reasonable estimates of future returns. a year earlier, investment x had a market value of $27 comma 000; and investment y had a market value of $46 comma 000. during the year, investment x generated cash flow of $2 comma 025 and investment y generated cash flow of $ 6 comma 770. the current market values of investments x and y are $28 comma 582 and $46 comma 000, respectively. a. calculate the expected rate of return on investments x and y using the most recent year's data. b. assuming that the two investments are equally risky, which one should douglas recommend? why?

Organizations typically rely on schedules, such as hourly wages and annual reviews and raises.