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Stella [2.4K]
1 year ago
8

U.s. dollars deposited in a bank in switzerland are called:_________

Business
1 answer:
Vlad1618 [11]1 year ago
5 0

Deposit made in U.S dollars in Switzerland are known as foreign depository receipts.

Given that U.S. dollars are deposited in a bank in Switzerland.

We are required to fill the blank with appropriate option among the following:

a)Foreign depository receipts,

b) Eurocurrency,

c) Eurodollars.

U.S. dollars which are deposited in a bank in Switzerland are known as foreign depostory receipts.

A depositary receipt is basically a negotiable financial instrument issued by a bank to represent a foreign company's publicly traded securities.

Hence U.S. dollars deposited in a bank in Switzerland are called foreign depository receipts.

Learn more about depository receipts at brainly.com/question/13549464

#SPJ4

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At the beginning of the year, Zinc Inc. estimated that overhead would be $115,000 and direct labor hours would be 23,000. At the
Basile [38]

Answer:

a. $ 900 underapplied

Explanation:

Based on the data provided we conclude that the factory overhead is applied on the basis of direct labour hours.

Determination of Overhead rate

Estimated overhead                                                             $ 115,000

Direct labour hours                                                                  23,000 hours

Overhead rate per direct labor hour is $ 115,000/ 23,000 = $ 5 per direct labor hour

Amount of applied overhead = Direct Labor hours * Overhead rate per hour

Applied Overhead = $ 5 * 35,000                                        $ 175,000

Actual Overhead                                                                    <u>$ 175,900</u>

Underapplied Overhead                                                        $(     900)

6 0
3 years ago
Lenders reserve their lowest interest rates for
Levart [38]

Mortgage lenders prefer candidates that can prove steady employment for at least the past two years. Long periods of unemployment won’t bode well for your application, and neither will a pattern of declining earnings. In a perfect world, you have been on the same job for at least the last two years, or have made a job change to a higher paying position in that time.


8 0
3 years ago
Different segments of the project are delegated to respective functional units. this is called?
sweet-ann [11.9K]

Different segments of the project are delegated to respective functional units called as the Functional Organization.

<h3>What is a Functional Organization?</h3>

The notion of specializations based on function or role is used by functional organizations as a sort of organizational structure. For businesses with one or a few product offerings as well as medium-sized and small organizations, an efficient organizational structure is ideal. For instance, the little company AB Company manufactures diapers and employs around one hundred people. A matrix organization is a sort of corporate structure that divides a corporation into various sections according to areas of specialization. Functional managers or heads of departments are responsible for managing these departments, which act as functional units.

To learn more about delegated, visit:

brainly.com/question/11870071

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6 0
1 year ago
A 30-year zero coupon bond with a face value of $5,000 is currently selling for $1,156.88 and has a market rate of interest of 5
daser333 [38]

Answer:

Price will increase by $277.58

Explanation:

Market rate of Interest of a zero coupon bond can be determined by following formula

Market Rate of Interest = [ ( F / P )^(1/30) ] - 1

4.25% = [ ( $5000 / P )^(1/30) ] - 1

0.0425 + 1 = ( $5000 / P )^1/30

( 1.0425 )^30 = (( $5000 / P )^1/30)^30

3.4856 = $5000 / P

P = $5,000 / 3.4856

P = $1,434.46

Now Calculate the change in Price

Change in price = $1,434.46 - $1,156.88 = $277.58

Price will increase by $277.58

5 0
3 years ago
Although it is not known whether you have to buy 1, 10, or 100 lottery tickets to get a winning ticket, it is highly probable th
Effectus [21]

Answer:

variable-ratio

Explanation:

According to my research on studies conducted by various psychologists, I can say that based on the information provided within the question the type of schedule being used is called variable-ratio schedule. This refers to when a response is reinforced after a completely random amount of responses. Since positive results from gambling are completely random, this type of scheduling is mostly used in these situations.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
2 years ago
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