Party A has agreed to exchange $1 million U.S. dollars for1.21 million Canadian dollars. This agreement is called a swap.
<h3>
What is swap?</h3>
An agreement for a financial exchange known as a "swap" calls for one of the two parties to commit to making a given number of payments at a specified frequency in exchange for the other party making a different set of payments. These flows often react to interest payments based on the swap's nominal amount.
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What is the advantage of swap contract?</h3>
Through the use of swap, one can gain access to new financial markets for funding by analyzing the comparative advantage that the other party has in that market. As a result, exchange fully utilizes the comparative advantage that parties possess. As a result, money can be collected at a lower cost from the best source available.
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Answer:
B) It is reported on the income statement when it pertains to short term investments
Explanation:
Unrealised loss is defined as a reduction in the value of an asset that is held by an investor rather than selling it and realising a loss.
Unrealised loss is also called paper loss. This loss is not realised until the asset is sold.
Unrealised losses are not usually recorded on the income statement unless they intend to be sold in a short time.
When a security is to be sold in the short run it is called a trading security. Trading securities are represented in the income statement as they can increase or reduce income
Answer:
For Bagels = 1.33
For Donuts = -1.33
Explanation:
Using the midpoint method, Alex's percentage change in income is given by the difference in income divided by the average income:
Alex's percentage change in demand for both bagels and donuts is given by the difference in the quantity consumed divided by the average consumption:
Alex's income elasticity of demand for bagels and donuts, respectively, is:
His income elasticity of demand for bagels is 1.33, while for Donuts it is -1.33.
Answer: A blog
Explanation:
A blog is an online journal or website that displays information about a particular topic or product. A blog is an avenue for a writer to give their views on certain subject.
There are important reasons to start a blog. Blogging for projects or business, increases the visibility for the company. Blogging helps to get the attention of the consumers hence, connecting the company to it audience. It also boost traffic as the more one posts, the more the company is known.
Answer:
The answer is through legal redress known as Specific Performance.
Explanation:
A contract is an agreement between two or more people. It is legally binding and enforceable. Each individual must satisfy their separate obligations.
Since the contract has been signed. This means it is legally binding.
Since it is legally binding, the best course of action is to proceed to court of law.
In law, this known as Specific Performance. Specific Performance is a resolution used by competent court of law to order a party to perform a specific act like order the owner of the land to relinquish the land. Specific Performance is an equitable remedy.
