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Exchange-rate risk

A) results from changes in the exchange rates between the currency of the investor and the country in which the investment is made.
B) can be hedged by using a forward or futures contract in foreign exchange.
C) cannot be eliminated.
D) results from changes in the exchange rates between the currency of the investor and the country in which the investment is made and cannot be eliminated.
E) results from changes in the exchange rates between the currency of the investor and the country in which the investment is made and can be hedged by using a forward or futures contract in foreign exchange.

On Jul 11, 2024


E
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The following information for Urbanski Corporation relates to the three months ending June 30, 2021: The following information for Urbanski Corporation relates to the three months ending June 30, 2021:   Urbanski uses the LIFO method to account for inventory, and expects at least 15,000 units to be on hand in the ending inventory at year-end. Purchases made in the last six months are expected to cost an average of $18 per unit.Prepare the journal entries to reflect the sales and cost of goods sold, assuming Urbanski expects to maintain 11,000 units in inventory at year-end. Urbanski uses the LIFO method to account for inventory, and expects at least 15,000 units to be on hand in the ending inventory at year-end. Purchases made in the last six months are expected to cost an average of $18 per unit.Prepare the journal entries to reflect the sales and cost of goods sold, assuming Urbanski expects to maintain 11,000 units in inventory at year-end.

On Jul 11, 2024


Journal Entries to Record Sales and Cost of Goods Sold Journal Entries to Record Sales and Cost of Goods Sold   Excess of replacement cost over historical cost for beginning inventory liquidated:[($18 − $10) × 5,000 units] Excess of replacement cost over historical cost for beginning inventory liquidated:[($18 − $10) × 5,000 units]
SS

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________ skills are needed to influence people, develop cooperative relationships, establish and maintain social networks, understand individuals, facilitate teamwork, and resolve conflicts constructively.

A) Tactical
B) Conceptual
C) Technical
D) Interpersonal

On Jun 13, 2024


D
SS

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In the context of holder-in-due-course status,explain what a personal defense is,and list the personal defenses.Also,explain what a real defense is,and list the real defenses.

On Jun 11, 2024


A holder in due course is generally free from personal defenses.Personal defenses include: a)lack or failure of consideration; b)breach of contract; c)fraud in the inducement in the underlying contract; d)incapacity; e)illegality; f)duress; g)unauthorized completion or material alteration of the instrument; and h)unauthorized acquisition of the instrument.
In contrast to personal defenses,a holder in due course is subject to real defenses.Real defenses include: a)fraud in the essence; b)discharge of the party liable through bankruptcy; c)forgery; d)material alteration of a completed instrument; and e)infancy [in other words,a party is below the legal age of consent].
SS

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Prime costs consist of factory overhead and direct labor.

On May 14, 2024


False
SS

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Tax rate will affect the optimal level of debt for a firm.

On May 12, 2024


True