Answers
a. Government bonds
Explanation:
Hungarian government is the issuer for these bonds and these are government bonds. The bond issuer is the borrower, while the bondholder or purchaser is the lender. At the maturity of the bond, bond issuers repay the bondholder the principal value.
Answer:
$121
Explanation:
Change in net working capital is calculated as ; Working capital(Current year) minus Working capital (Previous year)
Since we are considering 2019,
•Current assets in 2018 = Cash + accounts receivable + inventory
= 190 + 684 + 918
= $1,792
•Current liabilities in 2018 = Accounts payable + notes payable
= $788 + $306
= $1,094
Working capital(previous year)
= $1,792 - $1,094
= $698
•Current assets in 2019 = Cash + Accounts receivable + inventory
= 190 + 726 + 1,023
= $1,939
•Current liabilities in 2019 = Accounts payable + notes payable
= 818 + 302
= $1,120
Working capital(current year)
= $1,939 - $1,120
= $819
Therefore,
Changes in net working capital
= $819 - $698
= $121
Answer:
D
Explanation: zero, and the supply curve is vertical.
defining and implementing monetary policy. conducting foreign exchange operations. holding and managing the euro area's foreign currency reserves. promoting the smooth operation of payment systems.
<h3>What is
foreign currency reserves?</h3>
Foreign Exchange Reserves are cash and other reserve assets, such as gold, held by a central bank or other monetary authority and used primarily to balance a country's accounts, influence the foreign exchange rate of its currency, and maintain financial market confidence.
Foreign exchange reserves are a country's emergency funds in the event of an emergency, such as a rapid depreciation of its currency. Countries use foreign currency reserves to maintain a fixed rate of value, maintain competitively priced exports, remain liquid in the event of a crisis, and provide investors with confidence.
To know more about foreign currency reserves follow the link:
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Answer:True
Explanation: A transfer warranty is an implied promise made by one party known as the transferor to another party known as the transferee with regards to the title and credibility of an instrument.
Transfer warranty is achieved through indorsement(a financial term used to signify the signing of a signature at the back of a contract documents) by the transferor to the transferee.
A good transfer warranty is expected to have the following, it must be of a good title,no insolvency,must be authentically signed,must have no alterations etc
