cost‚.. need in production‚ selling and administrative expenses‚…. The flexible budget is a performance evaluation tool which can not be prepared before the end of period being budgeted. It adjusts the static budget for actual level of output. Questions appeared in mind when you are going to construct a flexible budget are “If I had known at the beginning of the period what my units produce or units sold would be‚ what would my budget have looked like?”. So‚ a budget is very essential for evaluating
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ICICI BANK INTEREST RATES FOR FIXED DEPOSITS Maturity Period Rates of Interest (% p.a.) w.e.f January 26‚ 2013 For deposit less than Rs. 1 crore General Senior Citizen ** 7 days to 14 days 4.50 5.00 15 days to 29 days 4.75 5.25 30 days to 45 days 5.50 6.00 46 days to 60 days 6.25 6.75 61 days to 289 days 7.00 7.50 290 days to less than 1 year 7.25 7.75 1 year to 389 days 7.50 8.00 390 days to less than 2 years 9.00 9.50 2 years to less than 5 years 8.75 9.50 5
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Subject: Fixed versus floating exchange rates Introduction The exchange rate regime The exchange rate regime is the way a country manages its currency in respect to foreign currencies and the foreign exchange market. Each country has its exchange rate policy which determines the form of a government influence on the currency exchange rate. There are three main type of the exchange rate regime: • a floating exchange rate‚ where the market dictates the movements of the exchange rate‚
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establish goals‚ and guides them toward achievement of those goals‚ thereby allowing them to be effective (Nahavandi‚ 2015). Leaders in turn are responsible for the overall success or failure of an organization. Over the years‚ there have been many leadership theories developed. Flexible leadership theory (FLT) theorizes that businesses implement three key factors to achieve organizational success. These three factors are as follows; efficiency and process reliability‚ innovation and adaptation
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Topic: The effects on China’s economy due to fluctuation of exchange rate. 1. Introduction China’s economy is huge and expanding rapidly. In the last 30 years‚ the rate of Chinese economic growth has been almost miraculous‚ averaging 8 percent growth in Gross Domestic Product (GDP) per annum. The economy has grown more than 10 times during that period‚ with Chinese GDP reaching 3.42 trillion US dollars in 2007. China already has the biggest economy after the United States and most analysts
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vanilla swap in which it will exchange fixed payments of 8 percent for floating payments of LIBOR + 1 percent. The notional principal is $50 million. LIBOR is expected to 7 percent‚ 9 percent‚ and 10 percent‚ respectively‚ at the end of each of the next three years. a. Determine the net dollar amount to be received (or paid) by Cleveland each year. ANSWER: End of Year: END OF YEAR 1 2 3 LIBOR 7 9 10 Floating Rate Received 8 10 11 Fixed Rate Paid 8 8 8 Swap Differential
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Flexible Learning Online I enrolled at Western Governors University (WGU) because the program was more flexible‚ cost-effective and geared towards helping me obtain a degree than other online degree programs. I can complete my WGU courses around my schedule with a minimum weekly time commitment. Because I can set my pace‚ I can graduate faster‚ saving thousands of dollars while earning my degree. WGU actually encourages accelerated education and provides personal mentors and course mentors to help
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Flexible Work Schedules What are we really trading to get them? Flexible work schedules are very prevalent in our workplace today. Many employees have benefited from this recent concept but the long term effects on the workplace far out weigh its benefits. In this paper‚ this will be analyzed‚ along with the definition of flexible work schedules‚ the history of those schedules in the workplace and what type of employee has access to flexible work schedules‚ do they really have a future? Does
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seen to be a promotion. Whether such a move is good or bad depends on employees’ expectations. Employees who seek such positions ought to analyze the benefits and drawbacks of such a move. For instance‚ it should be recognized that salaried workers do not qualify for overtime. The Fair Labor Standards Act states that hourly employees should be paid overtime. Therefore‚ it should be noted that employees who are moved from hourly to salaried category would no longer be paid overtime in their paycheck
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Tiffany’s Co. What type of decision did the company have to make in 1993? Why was the decision important? 2. History of Japanese Yen. Describe the historical exchange rates between Japanese Yen and U.S. dollar over time. Focus on the big changes and what was the exchange rate in (and years before) July 1993. 3. To Hedge or Not? Do you think Tiffany should actively manage its yen-dollar exchange rate risk? Why or why not? Explain the benefits and costs of hedging. 4. What to Hedge? If
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