Answer:
C) Supplying euros and demanding dollars in the foreign exchange market.
Explanation:
Foreign exchange market can be defined as type of market in which the currency of one country is converted into that of another country.
For example, the conversion of dollars of the United States of America can be converted into naira (Nigeria) at the foreign exchange market.
Hence, French and German farmers wanting to buy equipment from an American manufacturer based in the U.S. will be supplying euros and demanding dollars in the foreign exchange market because the medium of exchange (legal tender) in France and Germany is the "Euros" while it is "Dollars" in the United States of America.
Answer:
The break-even in sales dollars for Division Q is closest to $171,909
Explanation:
In order to calculate the The break-even in sales dollars for Division Q we would have to calculate the following formula:
break-even in sales dollars for Division Q=Division Q Fixed cost/contribution margin ratio
Division Q Fixed cost=$75,640
contribution margin ratio=contribution margin/sales
contribution margin ratio=$179,520/$408,000
contribution margin ratio=44%
Therefore, break-even in sales dollars for Division Q=$75,640/44%
break-even in sales dollars for Division Q=$171,909
The break-even in sales dollars for Division Q is closest to $171,909
Answer:
get margin call if stock drop below $35.71
Explanation:
given data
share = 200
margin = $50 per share
initial margin = 50 %
maintenance margin = 30%
to find out
margin call if the stock drops below
solution
we know equity is = 200P - 5000
and here P is margin call if stock drop
margin is express as
margin = 
= maintenance margin
= 0.30
200P - 5000 = 60P
P = 
P = 35.71
so get margin call if stock drop below $35.71
Answer:
$328000
Explanation:
Given: Cost of machine= $880000
Residual value= 60000
Estimated life= 10 years
Company use straight line depreciation method.
∴ Depreciation = 
⇒ Depreciation= 
∴ Depreciation= 
per year.
Now, lets find the value of depreciation.
∵ Machine is sold on December 31, 2019, which is 6 years after it is installed.
∴ Depreciation value after 6 years= 
Depreciation value after 6 years= 
Next, finding the value of machine after 6 years of depreciation.
Value of machine after 6 years= 
∴ Disposal value of machine after 6 years of usage is 
, however, machine was sold at $225000.
