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1 year ago

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

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Cause and Effect. Appointed people for their abilities,not for their class. What is the effect?

sergiy2304 [10]

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2 years ago

This year Army purchased $3,700 of equipment for use in her business. However, the machine was damaged in a traffic accident whi

Andreas93 [3]

Answer: Check explanation

Explanation:

a. Since Amy bought the equipment for $3700 and sold the equipment for $690, the amount that Amy can deduct for the loss of the equipment will be:

= $3700 - $690

= $3010

b. Here, the amount that Army can deduct for the loss of equipment will be the lesser of the amount Amy bought the equipment which is $3700 or the cost of the repair which is $1370.

Therefore, $1370 will be deducted.

c. After the accident, Army could not replace the equipment so she had the equipment repaired for $4,300. What amount can Army deduct for the loss of the equipment?

Here, the amount that Army can deduct for the loss of equipment will be the lesser of the amount Amy bought the equipment which is $3700 or the cost of the repair which is $4300.

Therefore, $4300 will be deducted.

4 0

2 years ago

All of the following assets require a title as proof of ownership, except: Group of answer choices Life insurance. Boat. Home. V

bearhunter [10]

Answer:

Life insurance.

Explanation:

A life insurance policy can be defined as a contract between a policyholder and an insurer, in which the insurer agrees to pay an amount of money to a specific beneficiary either upon the death of the insured person (decedent) or after a set period of time.

All of the following assets such as home, boat, vehicle require a title as proof of ownership, except a life insurance because no one person can present a proof to attest to the ownership of their life.

Simply stated, a life of an individual is abstract and as such can not be quantified or qualified by any document as a proof to be presented to another person or business entity. Thus, a life insurance cannot be used as a collateral to obtain credits or loans from a financial institution or investors.

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2 years ago

Who benefits from fashion forecasting?

irga5000 [103]

Answer:

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2 years ago

Imagine the economy is defined by the consumption function of C = 140 + 0.9 (Yd) where 140 is autonomous consumption, 0.9 is mar

polet [3.4K]

Answer:

1. Y = 3730

2. Consumption function

Explanation:

1. Given that,

C = 140 + 0.9 (Yd)

T = 0.3Y

Yd=Y-T

I = 400, G = 800, X = 600, M = 0.15Y

Y = C + I + G + (X - M)

Y = 140 + 0.9 (Y - 0.3Y) + 400 + 800 + (600 - 0.15Y)

Y = 140 + 0.9 Y - 0.27Y + 1,800 - 0.15Y

Y = 1,940 + 0.48Y

Y - 0.48Y = 1,940

0.52Y = 1,940

Y = 3,730.76 or 3,730

2. C = 210 + 0.8 (Yd) is a consumption function.

5 0

2 years ago