Primo Inc, a U

question 98

Multiple Choice

Primo Inc., a U.S.company, ordered parts costing 100,000 rupee from a foreign supplier on July 7 when the spot rate was $.025 per rupee.A one-month forward contract was signed on that date to purchase 100,000 rupee at a rate of $.027.The forward contract is properly designated as a fair value hedge of the 100,000 rupee firm commitment.On August 7, when the parts are received, the spot rate is $.028.At what amount should the payable be carried on Primo's books?

• A) $2,000.
• B) $2,100.
• C) $2,500.
• D) $2,700.
• E) $2,800.

Discuss the value of employee involvement in enhancing decision-making and creativity.

Explain the rational choice paradigm and its limitations in decision-making.

Understand the potential barriers that can inhibit the accurate identification of business problems within the context of a competitive market environment.

Develop the ability to critically analyze the effectiveness of organizational strategies in response to market challenges.

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Definitions:

Employees

Individuals who are hired by an employer to perform specific duties and tasks in exchange for compensation.

Work Arrival

The point in time when an individual presents themselves for their employment duties.

Departure Times

Specifically planned or scheduled times at which something or someone departs or leaves a place.

Flex-Time

A flexible work arrangement that allows employees to alter their start and end times, typically within a set framework.