a company whose parent operations ate baded in kenya hg as establish a branch in Tanzania wjose financial year ends the same year as the calendar year. the expenses paid at the branch during the year amounted to Tsh 18,000,000. the following information is also available at the branch. (1) accrued expenses amounted to Tsh 15,000,000 (2) prepaid expenses amounted to Tsh 18,000,000. (3) non- current assets of Tsh 120,000,000 . The exchange rate available in are l: historic rate( 1Ksh,= Tsh15), closing rate( 1Ksh=Tsh10), average rate ( 1Ksh=Tsh12), actual rate(1Ksh=Tsh11.82) ..Compute the amount of expenses in the currency of the head office ( use presentation method)​

Which of the following explains why the government sets a required reserve ratio for private banks? a. to allow the government to control the interest rate charged on loans. b. to prevent banks from printing too much money and causing inflation. c. to make sure banks don't run out of money when customers make withdrawals. d. to enable the regulation of risk levels in the decision process of offering loans. 2b2t

Ummit record company is negotiating with two banks for a $157,000 loan. fidelity bank requires a compensating balance of 24 percent, discounts the loan, and wants to be paid back in four quarterly payments. southwest bank requires a compensating balance of 12 percent, does not discount the loan, but wants to be paid back in 12 monthly installments. the stated rate for both banks is 9 percent. compensating balances will be subtracted from the $157,000 in determining the available funds in part a. a-1. calculate the effective interest rate for fidelity bank and southwest bank. (do not round intermediate calculations. input your answers as a percent rounded to 2 decimal places.) a-2. which loan should summit accept? southwest bank fidelity bank b. recompute the effective cost of interest, assuming that summit ordinarily maintains $37,680 at each bank in deposits that will serve as compensating balances

Acompany that adapts its product mix to meet the needs of a new market is using which of the following global marketing strategies market development diversification strategy product development undiversified