Assume the spot rate on the Canadian dollar is C$1.1847. The risk-free nominal rate in the U. S. is 5 percent while it is only 4 percent in Canada. What one-year forward rate will create interest rate parity? a. $1.1362
b. $1.1734
c. $1.1799
d. $1.1429
e. $1.1961

Almeda products, inc., uses a job-order costing system. the company's inventory balances on april 1, the start of its fiscal year, were as follows:

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.

If a society decides to produce consumer goods from its available resources, it is answering the economic question