On 4/1/18, a U Discount Rate Is 12

question 28

Multiple Choice

On 4/1/18, a U.S.Company commits to sell a piece of equipment to a French customer.At that time, the U.S.company enters into a forward contract to sell foreign currency on 8/1/18 (120 days) .Delivery and payment will take place 8/1/18.The fiscal year end for the company is 6/30/18.The sales price of the equipment is 200,000 Euros.Various exchange rates are as follows: ?

$$\begin{array} { l r r } & \text { Spot } & \text { Forward } \\\hline 4 / 1 / 18 & 1 \mathrm { FC } = \$ 0.60 & 1 \mathrm { FC } = \$ 0.58 \\6 / 30 / 18 & 1 \mathrm { FC } = \$ 0.57 & 1 \mathrm { FC } = \$ 0.56 \\8 / 1 / 18 & 1 \mathrm { FC } = \$ 0.55 & 1 \mathrm { FC } = \$ 0.55\end{array}$$ Discount rate is 12%.What is the amount in the Firm Commitment account on 6/30/18?

• A)4,000 debit
• B)9,901 debit
• C)3,960 credit
• D)6,000 credit

Understand the principles of operant and classical conditioning, including positive and negative reinforcement, punishment, and extinction.

Identify the contributions of key figures in behavioral psychology such as Watson, Pavlov, Thorndike, Skinner, Bandura, and Rotter.

Differentiate between classical and operant conditioning procedures and their applications.

Explain the concept of shaping and its relevance to learning behaviors.

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Definitions:

Nonunion Employee Committee

A group formed within a workplace to discuss and address issues of interest to employees, independent of union representation.

Job Enrichment

The method of making a job more rewarding and satisfying by adding more meaningful tasks and giving workers more control over their duties.

Quality Circles

Small groups of employees who voluntarily come together to identify solutions to work-related problems, aiming to improve the quality of products, services, and work life.

Profit-Sharing

A company program that offers employees a portion of the company's profits, usually in the form of bonuses or stocks.