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3 years ago

Why might a broker look at world news and financial data?

1 answer:

5 0

Brokers are the people who invest in worlds largest financial market which is know as the Foreign Exchange or Forex Market.

Brokers deal in buying and selling of different products like currencies, commodities, stocks, etc. They predict the trends for specific currency or commodity and then decides whether to buy it or sell it on the basis of their analysis.

To be fully aware of the trends of the specific product, they analyze the factors or news or financial decisions of the economies that can affect the buying or selling pattern of that product. That is why they have to look at the world's news and financial data of the big giant economies like US, Europe, UK, Japan, etc.

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The 2017 balance sheet of Kerber’s Tennis Shop, Inc., showed $2.7 million in long-term debt, $760,000 in the common stock accoun

g100num [7]

Answer: -($2,000,000)

Explanation:

Cash flow to creditors = Increase in long term debt + Interest Paid

= ($2.7 - $4.25) + $180,000

= - $1,550,000 + $180,000

= - ($1,370,000)

Cash flow to shareholders = Dividends paid + Increase in common stock + Increase in additional paid-in surplus account

= $510,000 + ($760,000 - $905,000) + ($6.25 - $7.9)

= $510,000 - $145,000 - $1,650,000

= - ($1,285,000)

Cash flow from Assets = Cash flow to creditors + Cash flow to shareholders

= - ($1,370,000) - ($1,285,000)

= - ($2,655,000)

Operating cash flow = Cash flow from Assets + Change in net working capital + net capital spending

= - ($2,655,000) + (-$195,000) + $850,000

= -($2,000,000)

8 0

3 years ago

The primary objective of growth mutual funds is capital appreciation with a high level of current income.

GenaCL600 [577]

The primary objective of growth mutual funds is capital appreciation with a high level of current income.

This statement is False.

A mutual fund is an investment vehicle that is professionally managed and collects money from a number of investors to buy securities.

The phrase is frequently used in the US, Canada, and India, while other countries with comparable arrangements include the UK's SICAV in Europe.

The primary investments of mutual funds are frequently categorized as money market funds, bond or fixed income funds, stock or equity funds, or hybrid funds.

Alternatively, funds can be characterized as actively managed funds, which aim to outperform stock market indices but typically charge higher fees, or index funds, which are passively managed funds that follow the performance of an index, such as a stock market index or bond market index.

Unit investment, closed-end funds, and open-end funds are the three main types of mutual funds.

Learn more about mutual funds here

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8 0

1 year ago

What results when work seeps into non-work time?

tankabanditka [31]

burnouts im guessing

7 0

2 years ago

Which of the following is a benefit of outsourcing? a. It makes employees self-reliant. b. It helps a firm meet its expansion ne

Fofino [41]

Answer:

C. It eliminates jobs that tend to be repetitious.

Explanation:

Outsourcing is usually engaged in business to beat down the cost of production, it is the act in which a particular company invite another company from outside to carry out some service for them on agreement however, this service is been carried out at home.

It should be noted that one of the benefit of outsourcing is that It eliminates jobs that tend to be repetitious.

4 0

3 years ago

The break even income would be level

Anton [14]

The answer would be 2 (C). As break-even the point at which cost and income are equal and there is neither profit nor loss also : a financial result reflecting neither profit nor loss. break-even.

I hope it helped you!

5 0

3 years ago