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torisob [31]
2 years ago
6

A loan in which a parent deposits money with a host-country bank, which then lends the money to a subsidiary located in the host

country is known as a(n) ________.
Business
1 answer:
Sveta_85 [38]2 years ago
5 0

A loan in which a parent deposits money with a host-country bank, which then lends the money to a subsidiary located in the host country is known as a back-to-back loan.

<h3>What is a back-to-back loan?</h3>

A back-to-back loan is a deal in which two parent corporations from separate nations borrow equal sums of money in their home currencies and lend it to the local subsidiary of the other.

While businesses could trade money on the currency markets, back-to-back loans can be more practical and provide the necessary currency. However, back-to-back loans have mainly been replaced by currency swaps and other comparable instruments. Nevertheless, these tools support global trade.

Learn more about loans here:

brainly.com/question/26390951

#SPJ4

You might be interested in
What step is most important for sellers to focus on.
Gemiola [76]

The step that is most important for sellers is to focus on Identifying customers with lifetime value.

<h3>Who is a seller?</h3>

A seller can be regarded as the part of distribution channel that made the goods from producer to be available to consumers.

However, he must focus on Identifying customers with lifetime value.

Therefore, option C is correct.

CHECK THE COMPLETE QUESTIONS

What step is most important for sellers to focus on?

A: Keeping all customers at all cost

B: Keeping loyal customers and forgetting about the others

C: Identifying customers with lifetime value to the seller

D: Working to attract new customers regardless of the costs

Learn more about seller at:

brainly.com/question/12851463

3 0
2 years ago
On December 31, Strike Company sold one of its batting cages for $24,440. The equipment had an original cost of $244,400 and has
True [87]

Answer: There was no gain or loss on the sale of this asset.

Explanation: In order to calculate how much profit/loss was made on an asset when it is sold, you have to take the cost price of the asset, and deduct the accumulated depreciation of the asset up to the date of sale. This is known as the book value of the asset, and shows how much it was worth on the day it was sold.

Cost price is the purchase price that the asset was worth on the day it was bought by Strike Company. Accumulated depreciation is the total reduction of the worth of an asset periodically, because of wear and tear.

Book value is calculated as:

Cost price: $244,400

- Accumulated depreciation: ($219,960)

= Book Value = $24,440

However the asset was sold for $24,440. This means that Strike Company sold this asset at its pure value, which is the book value. Thus forfeiting the chance to make a profit, or a loss.

7 0
3 years ago
Ruby Company produces a chair that requires 7 yards of material per unit. The standard price of one yard of material is $14.40.
Usimov [2.4K]

Answer:

See below

Explanation:

a. Price variance

= (Actual price - Standard price) × Actual material

= ($15.12 - $14.40) × 44,600

= $0.72 × 44,600

= $32,112 Unfavourable

b. Quantity variance

= (Actual quantity - Standard quantity) × Standard price

= [44,600 - (6,500 × 7) ] × $14.40

= (44,600 - 45,500) × $14.40

= -900 × $14.40

= $12,960 Favourable

C. Cost variance

= Actual cost - Standard cost

= (44,600 × $15.12) - (7 × 6,500 × $14.40)

= $674,352 - $655,200

= $19,152Unfavourable

7 0
3 years ago
Solving for the sales level needed to achieve a profit of zero is the same process as solving for the sales level needed to ____
____ [38]

Answer: break-even

Explanation:

5 0
2 years ago
The intended audience for the memo is___________.The tone of the memo should be________.Finally, the purpose of the memo is_____
amid [387]

The intended audience for the memo is <u><em>all company employees</em></u>. The tone of the memo should be <em><u>formal</u></em>. Finally, the purpose of the memo is <u><em>to make sure employees understand and follow the updated dress code</em></u>.

7 0
3 years ago
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