On december 15 of last year duster inc. entered into a forward contract to purchase 100,000 yen in sixty days. the relevant exchange rates are as follows: date forward rate 2/1511/15 $0.0075 $0.008612/15 $0.0081 $0.008312/31 $0.0089 $0.00852/15 $.0084 $0.0084duster entered into the forward contract to hedge a purchase of inventory made on november 15 payable on february 15 of the next year. at december 15 of last year what is the fair value of this forward contract? (for purposes of this exercise, use a present value factor of 1.)a) $ 810b) $ 830c) $ 860d) $ 20e) $ - 0

Recently, verizon wireless ran a pricing trial in order to estimate the elasticity of demand for its services. the manager selected three states that were representative of its entire service area and increased prices by 5 percent to customers in those areas. one week later, the number of customers enrolled in verizon's cellular plans declined 4 percent in those states, while enrollments in states where prices were not increased remained flat. the manager used this information to estimate the own-price elasticity of demand and, based on her findings, immediately increased prices in all market areas by 5 percent in an attempt to boost the company's 2016 annual revenues. one year later, the manager was perplexed because verizon's 2016 annual revenues were 10 percent lower than those in 2015"the price increase apparently led to a reduction in the company's revenues. did the manager make an error? yes - the one-week measures show demand is inelastic, so a price increase will decrease revenues. yes - the one-week measures show demand is elastic, so a price increase will reduce revenues. yes - cell phone elasticity is likely much larger in the long-run than the short-run. no - the cell phone market must have changed between 2011 and 2012 for this price increase to lower revenues.

As a finance manager at allsports communication, charlie worries about the firm's borrowing requirements for the upcoming year. he knows the benefit of estimating allsports' cash disbursements and short-term investment expectations. facing these concerns, a(n) would provide charlie with valuable information by providing a good estimation of whether the firm will need to do short-term borrowing. capital budget cash budget operating budget line item budget

What resourse is both renewable and inexpensive? gold coal lumber mineral