On December 1,20X5,Gillard Ltd

question 2

Multiple Choice

On December 1,20X5,Gillard Ltd.sold goods to International Traders Ltd. ,a company located in Switzerland for 500,000 Swiss francs (CHF) .At the date of sale,the spot rate was CHF1 = $1.0329.On the same date,Gillard acquired a 90-day forward contract at a rate of CHF1 = $1.0315.On March 1,20X6,Gillard receives full payment from International Traders and delivered the Swiss francs in execution of the forward contract.The spot rate at March 1,20X6 was CHF1 = $1.0287.Assume that Gillard has a December 31 year-end and that the spot rate on that date was CHF1 = $1.0302.At December 31,the forward rate for a 60 day contract was CHF1 = 1.0394.At December 31,what is the balance of Gillard's forward contract payable?

• A)$515,000
• B)$515,650
• C)$515,750
• D)$515,850

Understand the interplay between art patronage, self-glorification, and rivalry in the Renaissance.

Understand the concept of productivity and how it's measured in economic terms.

Comprehend how individuals and communities respond to incentives and the implications for public policy.

Grasp the importance of marginal analysis in decision-making processes.

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Definitions:

Job Design

Involves the structuring of job tasks, functions, processes, and responsibilities, aiming to improve employee satisfaction, productivity, and overall organizational performance.

Working Conditions

The environment in which an individual works, including aspects such as hours, safety, resources, and atmosphere, which can affect health and satisfaction.

Hostile Work Environment

A workplace situation where an employee experiences ongoing harassment or discrimination, making it difficult to perform their job.

Bullying

Repeated negative behaviour that is directed toward one or more individuals of lower power or status and creates a hostile work environment.