An Australian manufacturing company is exporting goods to Thailand. In order to ascertain the firm’s competitiveness in the foreign market, it needs to calculate the THB/AUD cross-rate. A FX dealer quotes the following rates:
USD/AUD 1.3112-32

USD/THB 4.2300–50

Calculate the THB/AUD cross rate.

A Malaysian importer has entered into a contract under which it will require payment in AUD in one month. The company is concerned at its exposure to foreign exchange risk and decides to enter into a forward exchange contract with its bank. Given the following data, calculate the forward rate offered by the bank. Both countries use a 360-day year; assume 30-day contract.
MYR/AUD 1.6117-62

One-month Malaysian interest rate: 5.21% p.a.

One-month Australian interest rate: 3.78% p.a

Answers

Answer 1

The forward rate offered by the bank is 1.6210.

To calculate the THB/AUD cross rate, we have to divide the Thai Baht (THB) by the Australian Dollar (AUD).

Given USD/AUD = 1.3112-32 and USD/THB = 4.2300–50

To find THB/AUD cross rate, we need to use the cross-rate formula.

This is as follows: USD/AUD x USD/THB

= AUD/THB

Next, take the reciprocal of the AUD/THB rate we just found to get the THB/AUD cross rate.

This is as follows:1 / AUD/THB = THB/AUD

Therefore: 1.3112 x 4.2300

= 5.54208AUD/THB

= 5.54208

Thus: THB/AUD = 1 / AUD/THB

= 1 / 5.54208

= 0.18029MYR/AUD

=1.6117-62

One-month Malaysian interest rate = 5.21% p.a.

One-month Australian interest rate = 3.78% p.a.

We will use the interest rate parity formula to determine the forward exchange rate:

(1 + RM) / (1 + RA) = Forward rate / Spot rate,

Where:

RM = Malaysian interest rate

RA = Australian interest rate

Rearranging the formula, we have:

Forward rate = Spot rate x (1 + RM) / (1 + RA)

Since the one-month period is a 30-day contract, we will use the actual number of days in a year (360) to calculate the interest rates.

RM = 5.21 / 360

= 0.01447

RA = 3.78 / 360

= 0.01050

MYR/AUD = 1.6117-62 (we will use the midpoint 1.6175)

Using the formula:

Forward rate = Spot rate x (1 + RM) / (1 + RA)

Forward rate = 1.6175 x (1.01447 / 1.01050)

Forward rate = 1.6210

Therefore, the forward rate offered by the bank is 1.6210.

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Related Questions

How is being comfortable with risk and flexibility important to having an entrepreneurial mindset?

Answers

An entrepreneurial mindset is a set of skills that enable people to identify and make the most of opportunities, overcome and learn from setbacks, and succeed in a variety of settings.  This means that being too stubborn and unyielding in your approach can be a recipe for stress and potential business disaster. Being flexible as an entrepreneur can provide you with an important competitive edge. It helps you to exploit opportunities as and when they arise. Successful entrepreneurs stick to the basic principles of risk management: They look for opportunities where if they fall short they lose only a certain value, but if they win they could stand to gain 10 times as much. And the best entrepreneurs never bet more than they can afford to lose. They always consider Plan B (as well as Plan C, D and E) in case the current program doesn’t work out as expected.

Hope that this gives some insight on the topic :)

Rosé ordered a package of macaroons from an out of state bakery. She received the cookies the following week. What type of e commerce product did rose order

Answers

Answer:

physical

Physical products are tangible goods that can be shipped or delivered to a customer's location. E-commerce refers to the buying and selling of goods or services online, typically through a website or app. In this case, Rosé likely placed an order for the macaroons through the bakery's e-commerce platform, and the bakery shipped the cookies to her location.

If you get into a car accident, your___________ may increase because you will be considered riskier for insurance companies to cover
A. Car loan payment
B. Insurance premium
C. Taxes
D. Claims adjustment

Answers

Answer:

B. Insurance premium

Explanation:

If you get into a car accident, your Insurance premium may increase because you will be considered riskier for insurance companies to cover. Thus, option B is correct.

What are companies?

A corporation is a legal body formed by a number of people to conduct and manage a business entity, whether it be commercial or industrial. An organizational model that will work as an individual representative and not in a collective manner. 

As you already must be paying some amount of insurance premium, that premium will help you pay for the damage that has occurred this time. but still, when you next time may have a plan, they will increase the insurance premium.

After the accident, you have shifted from a lower-risk person to a higher-risk person. Therefore, option B is the correct option.

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Six Sigma is better applied on for-profit than in nonprofit organizations.
Select one:
True
False

Answers

The statement "Six Sigma is better applied on for-profit than in nonprofit organizations" is False. While it is true that Six Sigma has been widely adopted by many for-profit organizations, its principles and methodologies can be effectively applied to nonprofit organizations as well.


Six Sigma is a systematic approach that focuses on improving processes, reducing waste, and increasing efficiency. This is achieved through a data-driven process that involves identifying, analyzing, and resolving issues in any organization. The ultimate goal of Six Sigma is to enhance customer satisfaction and minimize errors, which is applicable to both for-profit and nonprofit organizations.



In nonprofit organizations, Six Sigma can help streamline operations, reduce costs, and improve the quality of services provided to beneficiaries. By identifying inefficiencies and eliminating waste, nonprofit organizations can allocate resources more effectively, ultimately making a greater impact on their target audience. This can also improve donor trust and overall organizational sustainability.

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Select the correct answer.
From the following balances of Casper Inc., calculate the free cash flow of Casper Inc.

Select the correct answer.From the following balances of Casper Inc., calculate the free cash flow of

Answers

From the given balances of Casper Inc., the free cash flow of Casper Inc. can be calculated as $917,000. Hence the correct option is c.

Give a brief account on free cash flow.

Free cash flow (FCF) refers to the cash a company generates after accounting for cash outflows in order to support its business and maintain its fixed assets. Unlike earnings and net income, free cash flow is a measure of profitability, excluding non-cash expenses on the income statement and including spending on equipment and assets, and changes in working capital from the balance sheet. increase.

Free cash flow = Net operating profit after taxes - Net investment in operating capital.

Net operating profit after taxes = Cash flow from operating activities

Net investment in operating capital = Sale of machinery + Dividend paid

Free cash flow = 1,000,000 - (30,000 + 53,000)

Free cash flow = 1,000,000 - 83,000

Free cash flow = $ 917,000

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when purchase costs are (rising/declining) , lifo will report the lowest cost of goods sold yielding the highest gross profit and net income.

Answers

When purchase costs are declining, LIFO (last-in, first-out) will report the lowest cost of goods sold, yielding the highest gross profit and net income.

LIFO stands for last-in, first-out, and it is a method of accounting for inventory costing. The last goods obtained are the first to be sold under this approach. As a result, the value of inventory on the balance sheet is based on the oldest inventory items.

LIFO has a big effect on the cost of goods sold and, as a result, net income. When purchase costs are increasing, LIFO will report the highest cost of goods sold and the lowest gross profit, lowering net income. When purchase costs are decreasing, however, LIFO will report the lowest cost of goods sold and the highest gross profit, raising net income. Therefore, when purchase costs are declining, LIFO will report the lowest cost of goods sold, yielding the highest gross profit and net income.

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noncash items do not affect

Answers

Noncash items do not affect the Cash Flow Statement.

Cash Flow Statements only report the inflow and outflow of cash, not noncash items such as depreciation or inventory write-downs. Noncash items do not affect the cash flow of a company. These items are typically expenses that are recognized on the income statement but do not result in a cash outlay.

Examples of noncash items include depreciation, amortization, and stock-based compensation. These items are important to consider when analyzing a company's financial statements, as they can have a significant impact on the company's profitability and overall financial health. However, because they do not result in a cash outlay, they do not affect the company's cash flow.

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Software that can help business owners and individuals manage their finances, track expenses for taxes, and highlight potential errors in bank and investment accounts falls under the general category of _____ programs.

A)addition
B)IRS
C)accounting
D)inventory

Answers

C) Accounting is correct answer

Use these graphics to answer the question.

An association of medical researchers examined exercise trends among adults.







pls help need an answer fast


Which ratio shows the relationship between the total percent of people who exercised in 2014 to the percent of adults ages 18–24 who exercised in 2016?

47:42
58:45
48:59
48:50

Use these graphics to answer the question.An association of medical researchers examined exercise trends

Answers

The ratio that represents the relationship between the total percent of people who did exercise in 2014 compared to the the percent of adults ages 18–24 who exercised in 2016 is 48:59.

What is a ratio?

A ratio is the comparison of two figures, this can be done with the past data, or can be done with the budgeted or any competitor. In the example given the data is compared with the past data, base year is 2014 and the current year is 2016.

The ratio that is calculated represents that the total percentage of people were 48% in 2014 and the adults in 2016 as a total represents a percentage of 59% and therefore the ratio is 48:59.

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a retail outlet is being designed in a strip mall in nebraska. for this outlet, the installed fiberglass insulation to protect against heat loss in the winter and heat gain in the summer will cost an estimated $100,000. the annual savings in energy due to the insulation will be $18,000 at eoy one in the 10-year life of the outlet, and these savings will increase by 12% each year thereafter. if the annual interest rate is 15%, what is the present value of the energy savings? pinoybix

Answers

The present equivalent of energy savings is $88,000 and since the amount is less than the cost of insulation, the cost of insulation is not justified.

What are equivalent energy savings?Energy Efficiency on a par Measure refers to decreases in the use of fossil fuels other than natural gas or the use of other energy sources not derived from fossil fuels that are equivalent to decreases in the consumption of natural gas or electricity.Energy conservation measures include turning off the lights when leaving a room, unplugging appliances when not in use, and choosing to walk rather than drive. Gaining more control over their energy bill and lowering the demand for the planet's natural resources are the two main motivations for energy conservation.

According to our question -

the cost of installation is $90,000. the life of insulation is 7 years.

the interest rate, r is 0.18.

the cash flow series of energy savings is a geometric cash flow series. where the first cash flow , A is $16,000  and the geometric gradient is 0.15

The present equivalent of energy savings is given by:

P = A[(1+(1+g)^n(1+i)^-n)/(i-g)]

  = (16000)[(1+(1+0.15)^7(1+0.18)^-7)/(0.18-0.15)]

  = $88,000

Hence, The present equivalent of energy savings is $88,000 and since the amount is less than the cost of insulation, the cost of insulation is not justified.

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A decrease in demand, with no change in supply, will lead to ________ in equilibrium quantity and ________ in equilibrium price.

Answers

Blank 1: shortage

Blank 2: increase

An experiment must have a placebo group in order to be valid.a. Trueb. False

Answers

Answer: True

Explanation:

how can the adherence to high standards of ethical business practice contribute to the goal of shareholder wealth maximization?

Answers

Maximizing shareholder wealth means that the company's primary goal is to increase the stock price. Maximizing shareholder wealth is a good thing because it gives company managers a clear objective to create value.

Maximizing shareholder wealth is the idea that the main goal of a company's management is to raise its share price as much as possible. When corporate executives try to maximize the wealth of their company, what they are really trying to do is raise the company's stock price. If the stock price rises, the value of the company increases, and the shareholders' wealth increases. Maximizing shareholder wealth is a corporate governance principle that sets the primary goal of corporate leaders.

These are people, companies, and institutions that take an interest in the company after purchasing shares in the company. Even if your company is a sole proprietorship, you are a shareholder because of your investment interest in your company. Shareholders own the company and are therefore entitled to the profits of the company.

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Drew a bill upon Raman amounting to Rs 25000 and he accepted the bill.
Journal entry​

Answers

Answer:

left hand side; SALE

RIGHT HAND SIDE: 25000

Explanation:

firms can greatly increase the likelihood of success if they carefully define their objectives and develop a plan for meeting those objectives. this activity is referred to as

Answers

If strategic planning clearly defines its goals and creates a plan to achieve those goals, it can considerably boost the likelihood of success.

Leaders of a company develop their future vision and determine their organization's goals and objectives through the process of strategic planning. Establishing the order in which these objectives should be accomplished can help the organisation attain its stated vision.

Upper-level management of a corporation must put a lot of thinking and planning into the strategic planning process. Executives may look at a wide range of choices before deciding on a course of action and then figuring out how to strategically implement it.

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Why is it good to be organized?

Answers

Answer:

its good to be organized to feel like you have your life together. it makes it easier to find things and makes you feel less stressed and anxious when the area youre in is organized and clean

Because when you are organized things are easier, you have an organized sleep schedule and your school things and papers are organized so it's easier to know where everything is. Also when you are organized you'll notice some things would run smoother than it would when you aren't organized. But you have to want to be organized.

if the long-run market supply curve for a perfectly competitive market is horizontal, then this industry is one that exhibits:

Answers

If the long-run market supply curve for a perfectly competitive market is horizontal, then this industry is one that exhibits:  constant costs.

What does it mean when long run supply curve is horizontal?In a sector where expansion does not affect input prices (a constant-cost sector), the long-term supply curve is horizontal. An industry with increasing production costs (also known as an increasing-cost industry) has an upward-sloping long-term supply curve.In a perfectly competitive market, the long-run supply curve is composed of an upward-sloping portion, a flat area, and a downward-sloping area.Businesses can only make money or lose money in a market that is perfectly competitive in the short term. Profits and losses are ultimately eliminated because an infinite number of businesses produce uniform, infinitely divisible products.

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how do you the accounting equation​

Answers

Answer:

1. Assets = Liabilities + Owner Equity.

2. Liabilities = Assets - Owner Equity.

3. Owner Equity = Assets - Liabilities.

A supermarket is selling two types of​ candies, orange slices and strawberry leaves. the orange slices cost per pound and the strawberry leaves cost per pound. how many pounds of each should be mixed to get a ​-pound mixture that sells for ​?

Answers

In the following question, we need 1/3 pound of orange slices and 4 2/3 pounds of strawberry leaves to make a 5-pound mixture that sells for $4.50 per pound.

To solve this problem, we can use a system of two equations with two variables.

Let x be the number of pounds of orange slices and y be the number of pounds of strawberry leaves. Then we have:

Equation 1: x + y = Pounds of mixture

Equation 2: price per pound * x + price per pound * y = Total price of mixture

We can substitute the given values into these equations to solve for x and y.

For example, if we want to mix 5 pounds of candy that sells for $4.50 per pound, and the orange slices cost $3.50 per pound and the strawberry leaves cost $5.00 per pound, we would set up the equations as follows:

Equation 1: x + y = 5

Equation 2: $3.50x + $5.00y = $4.50(5)

Simplifying Equation 2, we get:

$3.50x + $5.00y = $22.50

Now we can solve for one variable in terms of the other using Equation 1, and substitute the result into Equation 2. For example, we can solve for y as follows:

y = 5 - x

Substituting this into Equation 2, we get:

$3.50x + $5.00(5 - x) = $22.50

Simplifying and solving for x, we get:

$1.50x = $0.50

x = 1/3

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which historical perspective is grounded in the twin notions of the freedom of the marketplace and of market competition that became dominant in the 1990s and continues with force today?

Answers

The foundation of the free marketing point of view is the coexisting, powerful ideas of market competition and market freedom that first gained traction in the 1990s.

What are types of freedom?

Freedom of expression, freedom of thought, freedom of expression, freedom of press, freedom to select ones personal position in life, freedom from religion, freedom from slavery and servitude, and freedom of mobility are some examples of different types of freedom.

What is freedom and why is it important?

Freedom, in essence, is the capacity to choose our own actions. We are free to express our opinions openly, to follow the course we want to take in existence, and to interact with anyone we desire. This enables us to be unique individuals who may design our own special lives.

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The ability of the president to veto a bill passed by congress is a good example of what principle of limited government?

Answers

The ability of the president to veto a bill passed by congress is a good example of the checks and balances principle of limited government.

The Checks and Balances system gives each arm of government its own authority to check the others and prevent any one branch from gaining excessive power.

What is the importance of checks and balances?

In organizations, checks and balances can assist cut down on errors and avoiding improper conduct. The concept of checks and balances is most frequently applied to governmental structures, such as the executive, legislative, and judicial branches of the U.S. government.

A system in which each component of an organization, such as a government, has the ability to influence and regulate the others in order to prevent any one component from gaining undue power.

Since Congress manages the funds used to finance all executive activities, it holds the power of the purse. Federal officials are nominated by the president, but their confirmation by the Senate is required.

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Production is not complete Until goods
reaches the final Consumer Explain​

Answers

Answer:

 B. goods reached the final consumer

Multiple-choices

   A. goods gets to the wholesaler

   B. goods reached the final consumer

   C. factors of production are combined

   D. goods are ready for transportation

   E. wholesalers ask the firms to produce

Explanation:

Like all other businesses, a firm that produces goods for sale is driven by profit motives. The producer's main objective is to make goods that satisfy the customer's need and make profits. For this objective to be met, the producer must find a way of getting the goods to the consumer.

A marketing distribution channel or the distribution channel is the avenue producers use to deliver their products to final consumers. The channel has businesses ranging from distributors, wholesalers to retailers. The retailer is the final trader who sells directly to consumers. It is the consumer that pays the price for the goods, thereby earning the producer their profits.

Derick wants to purchase an existing business in the service industry. However, he does not want to use the traditional sources of information that entrepreneurs generally use to make the purchase. Which of these statements refers to an alternative source that Derick can use to locate businesses up for sale?
A.
He could hire the services of a business brokerage company.
B.
He could refer to websites that provide such details.
C.
He could contact businesses through details provided in trade magazines.
D.
He could ask his accountants and lawyers if any of their other clients want to sell their businesses.
E.
He could refer to “business for sale” advertisements listed in the classified sections of newspapers.

Answers

The correct answer is B because there are websites that list businesses for sale along with contact information for dealing.

Answer:

The answer is D

Explanation:

I got it right on my quiz. :)

Which two sources are considered secondary data? Focus group, Company newsletters, Internet articles, Statistical data​

Answers

Company newsletters and Internet articles are considered two sources of secondary data. The right answer is b and c.

Among the two primary forms of data is secondary data, with primary data constituting the other. Data that is gathered by a user other than the main user is referred to as secondary data. Census information, information gathered by government agencies, records kept by organisations, and data that was initially gathered for other research goals are all common forms of secondary data for social science.

Data that has previously been gathered from primary sources and made easily accessible for academics to use for their own research is known as secondary data. Books, private sources, journals, newspapers, websites, government documents, etc. are examples of secondary data sources. Compared to primary data, secondary data are thought to be easier to find.

The correct answers are options b and c.

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at the end of 2023, payne industries had a deferred tax asset account with a balance of $50 million attributable to a temporary book-tax difference of $200 million in a liability for estimated expenses. at the end of 2024, the temporary difference is $144 million. payne has no other temporary differences and no valuation allowance for the deferred tax asset. taxable income for 2024 is $360 million and the tax rate is 25%.Payne has a valuation allowance of $20 million for the deferred tax asset at the beginning of 2021.
Required:
1. Prepare the journal entry(s) to record Payne’s income taxes for 2021, assuming it is more likely than not that the deferred tax asset will be realized in full.
(A/ Record 2021 income taxes. B/Record valuation allowance for the end of 2021.
2. Prepare the journal entry(s) to record Payne’s income taxes for 2021, assuming it is more likely than not that only one-fourth of the deferred tax asset ultimately will be realized.
(A/ Record 2021 income taxes. B/Record valuation allowance for the end of 2021.

Answers

In the following question, among the various parts to solve on tax- A) Tax Payable $37.5, Tax Payable, $45 million. B) Credit Deferred Tax Asset, $20 million, Credit Deferred Tax Asset, $15 million

To record Payne's income taxes for 2021, assuming it is more likely than not that the deferred tax asset will be realized in full, the journal entries would be:
A/ Debit Tax Expense, $37.5 million; Credit Income Tax Payable, $37.5 million
B/ Debit Valuation Allowance, $20 million; Credit Deferred Tax Asset, $20 million
To record Payne's income taxes for 2021, assuming it is more likely than not that only one-fourth of the deferred tax asset ultimately will be realized, the journal entries would be:
A/ Debit Tax Expense, $45 million; Credit Income Tax Payable, $45 million
B/ Debit Valuation Allowance, $15 million; Credit Deferred Tax Asset, $15 million

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Define a Small Scale Enterprise as per ‘MSMED Act, 2006’.

Answers

Explanation:

the Government of India has in acted, small and medium enterprises development (MSMED) Act, 2006 in terms of which the definition of micro, small and medium enterprises is an enterprise where the investment in plant and machinery is more than rate 25 lakh but does not exceed rate.

purchasing and engineering personnel visit suppliers to assess their facilities, capacity, and quality control during which stage in the organizational buying process?

Answers

At the alternative evaluation stage of the organizational buying process, purchasing and engineering staff would visit potential suppliers to evaluate their quality control.

What is the organizational purchase process?

The method by which industrial purchasers choose their purchases is referred to as the organizational buying process. Every corporation must buy products and services to maintain its operations, which necessitates a difficult problem-solving and decision-making process. These inputs and outputs within organizations can be as diverse as the resources, information, and personnel.

Processes like new product creation, order fulfillment, and customer support are typical examples. There are two distinct groups of organizational purchasers. These are government, industrial, and reseller. Straight repurchase, modified repurchase, and new tasks are examples of common purchasing scenarios. The simplest scenario is a "straight rebuy," in which an organization just orders the same product or service.

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What was one benefit of the transcontinental railroad? it made cross-country travel times longer. it ended many risks of traveling cross-country. it stopped trade with asia.

Answers

The benefit of the transcontinental railroad was that it ended many risks of traveling across the country.

Why was the transcontinental railroad created?

The American railroad, was created in 1869, with an important innovation through the connection between the coasts of the Atlantic and Pacific oceans, having as benefits the expansion of commercial and passenger transport routes in America.

Therefore, the transcontinental railroad was built using mechanized technology in the 19th century, increasing the safety and speed of travel.

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free hhahahahahhaha ok just for yalll

Answers

Answer:

why?

Explanation:

Answer:

nice thanks mark me brainiest

Explanation:

Describe the Second Triumvirate. In what ways was it similar to the first? In what ways was it different? What made it possible for the Second Triumvirate to arise? What new groups and classes emerged that might have played a role in the conflict?

Answers

It was similar: to the First Triumvirate in that both were informal alliances formed to consolidate power and achieve political goals.

The Second Triumvirate was a political alliance formed in 43 BCE among three prominent Roman leaders: Octavian (later known as Augustus), Mark Antony, and Marcus Aemilius Lepidus. It was similar to the First Triumvirate in that both were informal alliances formed to consolidate power and achieve political goals.

However, the Second Triumvirate was different in that it was legally established by the Lex Titia and had a more formal structure.

The Second Triumvirate arose due to the power vacuum left after the assassination of Julius Caesar in 44 BCE. The three members sought to stabilize the Roman Republic and eliminate their mutual enemies.

New groups and classes that might have played a role in the conflict include the Roman Senate and the plebeian class, both of which had differing interests and opinions on the triumvirs' actions.

In summary, the Second Triumvirate was an alliance formed between Octavian, Mark Antony, and Lepidus. It shared similarities with the First Triumvirate, such as being a political alliance for mutual gain, but differed in its legal establishment and more formal structure.

The power vacuum after Julius Caesar's assassination enabled the Second Triumvirate's rise, with various groups like the Roman Senate and plebeian class potentially influencing the conflict.

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Use the Gizmo to mix 200 g of granite at 100 C with 1,000 g of water at 20 C. What is the final temperature? Calculate the temperature change of each substance by subtracting the initial temperature from the final temperature. T water: T granite: C. How much heat energy (q) did the water gain? D. Now solve for the specific heat (c) of granite: E. Repeat steps A through D to find the specific heat (c) of lead: When a business owner has the opportunity to make their own choices at what products they want to sell is known as what? ann elkin, who works for brill co., has been sent out to conduct two customer evaluations, which have gone much more quickly than ann anticipated. her supervisor does not expect ann back until after lunch. it is now 10:30 a.m., and ann would like to run some personal errands and then go to lunch before returning to work at 1:00 p.m. should ann take the time? would you? why or why not? is this any different than if ann was sitting at her office desk using a work computer to access her personal email, surf the internet, check social media or make personal phone calls on her work phone? in dry climates of western united states, the major use of water is often for which of the following? 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Your expression will be in terms of Just as the European countries of the early eighteenth century sought to exploit the resources of our continent, so too are we now attempting to extract energy and minerals from the ocean bed.A) Just as the European countries of the early eighteenth century sought to exploit the resources of our continent, so tooB) The European countries of the early eighteenth century sought to exploit the resources of our continent, and in a similar wayC) Like the case of the European countries of the early eighteenth century who sought to exploit the resources of our continent, so tooD) As in the exploitation of the resources of our continent by European countries of the early eighteenth century,E) Similar to the European countries which sought in the early eighteenth century to exploit the resources of our continent AP ENGLISH LIT 31. Compose a thesis statement that develops your position on the extent to which an apprenticeship is a viable alternative to attending college.2. Then, identify two pieces of evidence from two different sources to support your position. Provide brief commentary explaining how each piece of evidence might be used to develop your position.The nagging problem of significant numbers of youth leaving school unprepared for career employment has revitalized interest in vocational education, particularly apprenticeships. Support for vocational education comes from people across the political spectrum, from both labor and business groups, and from the popular media. The clearest manifestation in policy is President Trumps executive order that calls for immediate expansion of existing apprenticeship programs while simultaneously disparaging the effectiveness of current education and training programs.Recent evidence, however, suggests caution. In a knowledge-based economy, early employment gains with vocational training may lead to later problems when specific skills become obsolete and workers lack the ability to adjust to a changed economic environment.Adapting to changed conditions is exactly the theme of much recent discussion about formerly middle-class jobs disappearing to technological advance. This situation will only be alleviated by building a strong educational foundation that provides workers with the ability to adapt as demands change. We should not think that expanded apprenticeships will provide this foundation. More likely they will reproduce the current skill mismatch for future generations.VOCATIONAL/APPRENTICE PROGRAMSWhile some countries, particularly in Europe, stress vocational education that develops specific job-related skills, others, like the U.S., emphasize general education that provides students with broad knowledge and basic skills. In assessing these alternatives, virtually all discussion of vocational education emphasizes its potential advantages in easing entry into the labor market by youth (with surprisingly mixed evidence).But there is also the other end of the market. If people receive skills that are finely tuned to current employment opportunities, they might not be particularly prepared to adjust to new technologies. Thus, with higher growth rates and faster technological and structural change, people with vocational training may be more likely to be out of the labor market later in the life cycle.OVER LIFE CYCLE, INITIAL ADVANTAGE TURNS INTO DISADVANTAGEWe find clear evidence that the initial labor-market advantage of vocational relative to general education decreases with age. There is a trade-off between short-term benefits and long-term costs of vocational education. The skills generated by vocational education appear to facilitate the transition into the labor market but later on become obsolete at a faster rate.Across our sampled countries, employment rates are higher for youth with vocational education, but this turns around by the age of 50. The employment patterns are most pronounced in the apprenticeship countries with combined school and work-based education programs (Denmark, Germany, and Switzerland in our data). What is 1. -2(n-9)+42. 6x - (2 - 3x) "Daisy Miller" is known for presenting all characters' points ofview thoroughly and objectively.Select one:TrueFalseComes from "Daisy miller" by henry james What was the Government of India Act? Most European were directly impacted and benefited from the renaissance movement True or False which statement is not an important function of an efficient market? it allocates consumption of the good to the potential buyers who most value it, as indicated by the fact that they have the highest willingness to pay. it allocates sales to the potential sellers who most value the right to sell the good, as indicated by the fact that they have the lowest cost. it ensures that every consumer who makes a purchase values the good less than every seller who makes a sale, so that all transactions are mutually beneficial. it ensures that every potential buyer who doesn't make a purchase values the good less than every potential seller who doesn't make a sale, so that no mutually beneficial transactions are missed. company has a cost that is $3.00 per unit at a volume of 9,000 units and $3.00 per unit at a volume of 11,000 units. what type of cost is this? Whats MA I need a answer asap if possible glycerophospholipids are derivatives of triacylglycerols that contain a polar phosphate head and an amino alcohol at one of the positions of the glycerol group