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2 years ago

A ________ transaction in the foreign exchange market requires delivery of foreign exchange at some future date.

Business

1 answer:

sweet-ann [11.9K]2 years ago

8 0

A Forward transaction in the foreign exchange market requires delivery of foreign exchange at some future date.

A forward contract, or simply a forward, is a sort of derivative instrument in finance. It is a non-standard contract between two parties to buy or sell an asset at a specific future time at a price agreed upon at the time of the contract's conclusion.

A forward transaction is when two people or other entities bind themselves to carry out a trade in the future rather than right now. Futures deals differ from spot trading due to the timing of the transactions.

Learn more about Forward transaction here

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Are starting points for Internet exploring and are interested in channeling surfers to particular sites, especially commercial o

Firdavs [7]

Answer:

Portals.

Explanation:

A portal is defined as an internet site whose purpose is to cluster and make available diverse content from various sources, and acts as an access point for various websites.

In order to function effectively a portal must be designed to withstand the large amount of user access, so that it works properly without slow system and damage to users. As a portal is a channel especially for commercial websites, it is imperative that the team of contributors who feed the portal have access to the large amount of structured and unstructured information, so that there is better organization and search accuracy and prevention of misfortune, such as failures on commercial sites such as a paid purchase that is not registered and ends up lost or a customer unable to access the site information screen.

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3 years ago

Lindsay needs to purchase a car. The car she is planning o in purchasing costs $8,000

Firlakuza [10]

Answer:

1. $6,000

2. $60

3. $8,180

Explanation:

With the down payment equal to $2,000, amount Lindsay need finance to purchase car would be: $8,000 - $2,000 = $6,000

As Lindsay would pay for a term of 3 years

=> In each year, the amount finance is: $2,000

In one year, with APR = 3%, interest Lindsay has to pay on the loan of $2,000 is: $2,000 x 3% = $60

=> In three years, amount Lindsay pay for interest for the total finance is: $60 x 3 = $180

The actual cost of the car for Lindsay to own:

Actual cost = down payment + finance + interest = $2,000 + $6,000 + $180

= $8,180

8 0

3 years ago

Each of the following independent events requires a year-end adjusting entry. Show how each event and its related adjusting entr

Tatiana [17]

Answer:

1. Prepaid insurance (Dr.) $6,300

Cash (Cr.) $6,300

2. Cash (Dr.) $15,300

Unearned Income (Cr.) $15,300

3. Purchases (Dr.) $1,750

Accounts payable (Cr.) $1,750

Cost of Goods Sold (Dr.) $1,620

Ending Inventory (Dr.) $130

Purchases (Cr.) $1,750

4. Prepaid office rent (Dr.) $6,300

Cash (Cr.) $6,300

Explanation:

The adjusting entry is a journal entry recorded at end of accounting period to adjust events or transactions to comply with the accrual concept.

The closing entries are journal entries required to close a transaction or event in the period. The purpose is to follow matching concept of accounting.

7 0

3 years ago

In the United States, all financial institutions are required to conduct business at a physical location only.

worty [1.4K]

Answer:

B-False

Explanation:

Because some companies do business online.

4 0

3 years ago

Leader Corporation Company uses a job-order costing system with a single plantwide pre-determined overhead rate based on machine

taurus [48]

Answer:

Selling price per unit= $196

Explanation:

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (400,000 / 50,000) + 6

Predetermined manufacturing overhead rate= $14 per machine hour

Now, we can allocate overhead and calculate the total cost:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 14*100= $1,400

Total cost= 1,400 + 750 + 2,750

Total cost= $4,900

Finally, the selling price per unit:

Unitary cost= 4,900/40= $122.5

Selling price= 122.5*1.6

Selling price= $196

3 0

3 years ago