Currency risk- if unexpected changes in currency values affect the value of the firm 4. Identify and describe the ways in which a US company can participate in international commerce. 5. The price of a currency forward contract is determined by the relationship between interest rates of the two countries in question and the time period covered by the contract. Is this statement exactly true, partly true or false?
Their current FMV at the date of the theft was $12,000. The antiques were not insured. Neil’s AGI for the current year is $60,000. What is the amount of Neil’s deductible casualty loss in the current year? 4) In 2013, Sarah loans Seymour $5,000 for his use in establishing his business.
Annual interest on the debentures will accrue at a floating 5% premium over the prime rate. The right to receive interest payments will be cumulative; that is each debenture holder is entitled to past and current interest payments before DLK’s board can declare a common stock dividend. The debentures would be both nontransferable and noncallable. Lacey, Kaylee and Doug have asked you, their tax accountant, to advise them on the tax implications of the proposed financing agreement. After researching the issue, issue your advice in a tax research memo.
In order to honor the requests, they must be submitted two weeks in advance. Carol references to nursing policies and hospital’s rules. She distributes a copy of this policy to all the nurses in presence. Carol informs the staff of the immediate counseling procedure and references the HR department’s role and function for this purpose. Carol also hands out the nurse’s job description adding that hiring of new nurse is always expensive and her preference to work with all
You are the leader of the customer service team for an organisation. You are responsible for ensuring that the shop is always staffed with assistants who make customers feel welcome, attend to their questions and needs knowledgably and promptly and who are able to maintain the shop’s displays at all times. At any one time you have a team of 15 assistants with six needed per day. Due to the nature of the work you have an average turnover of one position per month. At a recent senior management meeting the business strategic plan was developed, from which you now need to develop a performance plan for your sales team.
Federal Reserve Paper Money is define as the assets that people are generally willing to accept in the exchange of goods and services or for payment of debts (Hubbard & O'Brien, pg 826). The nation’s central bank also known as the Federal Reserve Bank controls the money. The main purpose of money is to buy goods and services that are available in the market. The Federal Reserve Bank evaluates the economic solidity to make certain changes to the monetary policy to maintain a good economic health. During the barter system goods and services were traded directly for other goods and services.
Ethical Concerns Valdez (2014) advises, “Loyalty programs that reward decision makers may run into ethical issues when the decision maker is separate from the payer.” (para. 4) Frequent shopper programs must avoid kickbacks of any sort. If a customer is being rewarded twice, from a business and personal aspect, this can be considered a kickback. It is important to list the personal shopper depending if they are shopping for their business or employer versus personal use. Information Security
It is said that the “lack of security is the biggest threat to consumer privacy from external sources. Selling consumer data without the customer knowledge or permission is the major internal threat to consumer privacy” Marchany, R., & Tront, J. (2002). The concluding evidence of implementing a Frequent Shopper Program for Kudler Fine Foods demonstrates a few concerns to consider, the legal, ethical and information security issues. First, consider whether or not the data collected will pose legal ramifications for Kudler.
a) Prepare a cash budget for Sharpe covering the first seven months of 2004. b) Sharpe has $220,000 in notes payable due in July that must be repaid or renegotiated for an extension. Will the firm have ample cash to repay the notes? No, the firm will not have enough cash to pay the notes payable. Although there is enough ending cash if $200,000 is spent on the notes payable then there will be an insufficient amount to purchase raw materials or other expenditures. If the firm decides to use its cash for the notes payable it will then have to obtain financing to maintain the cash balance.
____________________________________________________________ SureCut Shears, Inc. ___________________________________________________________ Executive Summary The case is about estimating fund requirements for short term sources of finance. In June 1995, Mr. Fisher, treasurer of SureCut Shears arranged a line of credit of $3.5 million with the Hudson National Bank to cover the seasonal sales peak. After going with the analysis, much of these funds were used to fund the capital modernication program. Facing the declining sales, SureCut is facing difficulty in paying its short term loan obligations to Hudson National Bank. After thorough analysis, the need for short term fund requirements should not be used in capital expenses since the cash needed to repay the short term fund requirements comes from the sales of inventory which was the intention of the additional cash to stock up more inventory.