I am looking to safely invest 1 billion pounds in cash for the next year - assuming that I start in pounds and end in pounds. I have 3 alternatives: 1) a pound bank account with an interest rate of 3.0%,
2) a yen bank account with an interest rate of 4%,
and 3) a dollar bank of account with an interest rate of 2%.
The following spot and forward quotes are observed in the currency markets:
Spot 0L/$ = L1.00/$
Spot 0L/Y = L0.0100/Y
Forward 1 year L/$ = L1.01/$
Forward 1 year L/Y = L0.0099/Y
Rank my alternatives - Show your supporting calculations:
Account to Invest in
Rank (1, 2, of 3)
Pounds
Yen
Dollars

On january 1, 2018, jay company acquired all the outstanding ownership shares of zee company. in assessing zee's acquisition-date fair values, jay concluded that the carrying value of zee's long-term debt (8-year remaining life) was less than its fair value by $21,600. at december 31, 2018, zee company's accounts show interest expense of $14,440 and long-term debt of $380,000. what amounts of interest expense and long-term debt should appear on the december 31, 2018, consolidated financial statements of jay and its subsidiary zee? long-term debt $401,600 $398,900 $401,600 $398,900 interest expense $17,140 $17,140 $11,740 $11,740 a. b. c. d.

At which stage would you introduce your product to the market at large? a. development stage b. market testing stage c. commercialization stage d. ideation stage

About time delivery co. incurred the following costs related to trucks and vans used in operating its delivery service: classify each of the costs as a capital expenditure or a revenue expenditure. 1. changed the oil and greased the joints of all the trucks and vans. 2. changed the radiator fluid on a truck that had been in service for the past four years. 3. installed a hydraulic lift to a van. 4. installed security systems on four of the newer trucks. 5. overhaul the engine on one of the trucks purchased three years ago. 6. rebuilt the transmission on one of the vans that had been driven 40,000 miles. the van was no longer under warranty. 7. removed a two-way radio from one of the trucks and installed a new radio with a greater range of communication. 8. repaired a flat tire on one of the vans. 9. replaced a truck's suspension system with a new suspension system that allows for the delivery of heavier loads. 10. tinted the back and side windows of one of the vans to discourage theft of contents.