Your firm is a u. k.-based importer of bicycles. you have placed an order with an italian firm for €1,000,000 worth of bicycles. payment (in euro) is due in 12 months. use a money market hedge to redenominate this one-year receivable into a pound-denominated receivable with a one-year maturity. contract size country u. s. $ equiv. currency per u. s. $ £ 10,000 britain (pound) $ 1.9600 £ 0.5102 interest apr 12 months forward $ 2. £ 0.5000 rates € 10,000 euro $ 1.5600 € 0.6410 i$ = 1 % 12 months forward $ 1.6000 € 0.6250 i€ = 2 % sfr. 10,000 swiss franc $ 0.9200 sfr. 1.0870 i£ = 3 % 12 months forward $ 1. sfr. 1. isfr . = 4 % the following were computed without rounding. select the answer closest to yours. a) £780,312.13 b) £72,352.94 c) £803,721.49 d) €800,000

Oceanside marine company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. oceanside uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 2 pound per unit; $ 11 per pound direct labor: 2 hours per unit; $ 19 per hour oceanside produced 2 comma 000 units during the quarter. at the end of the quarter, an examination of the direct materials records showed that the company used 7 comma 500 pounds of direct materials and actual total materials costs were $ 98 comma 100. what is the direct materials cost variance? (round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)

Discuss the positive and negative effects of the north american free trade agreement on the united states. support your conclusions with examples and evidence from the lesson.

Cesar had a part-time job last year. he worked every week for the year and made $23 an hour. he worked 28 hours each week. cesar saved what was left of his earnings after paying all of his monthly expenses. at the end of the year, he had saved $3,360. what were cesar’s average monthly expenses, rounded to the nearest dollar?