Why should a pencil never be used as a tool when working inside a computer?

Suppose the spot and three-month forward rates for the yen are ¥102.21 and ¥101.18, respectively.a. Is the yen expected to get s

tresset_1 [31]

Answer:

a.

The yen is expected to get stronger in three-month time.

It is because it is taking up to ¥102.21 to exchange for $1 at spot, while in three-month time, it is expected that it will only take ¥101.18 to exchange for $1.

b.

Applying relative purchasing power parity, we have:

USD is expected to depreciate 3% against Japan Yen, calculated as: 102.21 / 101.18 - 1 = 3%.

Thus, inflation rates of the United States is estimated to be 3% higher than inflation rates of the Japan.

Explanation:

3 0

3 years ago

2. Selected data from the Carmen Company at year end are presented below: Total assets $2,000,000 Average total assets 2,200,000

erik [133]

Answer:

a) 65%

b) 11.4%

c) 25%

d) $25 per share

Explanation:

(a) Ratio of sales to assets = Sales revenue / Total assets

= $1,300,000/ $2,000,000 = 65.0%

(b) Rate earned on total assets = Annual net income / Average total assets

= $250,000 / $2,200,000 = 11.4%

(c) Rate earned on common stockholder's equity = Net Income / Average common stockholder's equity

= $250,000 / $1,000,000 = 25%

(d) Earning per share on common stock = Net Income / Share of common stock outstanding

= $250,000 / 10,000 = $25 per share

8 0

3 years ago

A client has an options account that is qualified to buy options and sell covered calls. The client calls his representative, te

eduard

Answer:

The correct answer is letter "B": The "Special Statement for Uncovered Options Writers" must be provided before executing the transaction.

Explanation:

A naked call is a type of strategy options traders use when writing a call option without owning the underlying assets. For this to be possible, the trader must sign an options agreement and the Registered Options Principal (ROP) must approve the account so the trader can write naked options.

Before proceeding the "<em>Special Statement for Uncovered Options Writers</em>" must be provided.

6 0

3 years ago

A firm should never accept a project if its acceptance would lead to an increase in the firm's cost of capital (its WACC).

olga2289 [7]

B. False 1: False The decision of the project should be made based on the net present value that it adds to the company and not the impact on

3 0

2 years ago

Name three pieces of information you may need when obtaining a car insurance quote.

Salsk061 [2.6K]

The agent will probably further inquire about the following to give you an estimate on auto insurance:

Individual data.
driving history
additional background

<h3>A car insurance quotation is what?</h3>

A car insurance quotation is an estimate of your monthly premium. No two quotes will be identical, regardless of whether you provide Geico, Progressive, or any other carrier with the same information, as each insurer uses a separate algorithm to calculate a car insurance price.

<h3>What are the three things to think about while purchasing car insurance?</h3>

Particular Elements That Affect Your Rate

Your driving history — drivers with a history of infractions or collisions are viewed as higher risk.
Urban locations have more claims than rural areas in terms of your geographic territory.
Your age and gender- Certain age groups and males have more claims and accidents, respectively.

Learn more about car insurance quote: brainly.com/question/3705016

#SPJ13

5 0

1 year ago