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4 years ago

One fact about all currency is that it

Business

2 answers:

sleet_krkn [62]4 years ago

8 0

Answer:

One of the main reasons why different countries have different currencies is to allow people the possibility to choose the origin of the currency and the goods they want. Imagine if every country in the world would use only dollars. Then every country would be able to print dollars, but the dollars would be same for the US or for Burma or the Congo. Do goods available or produced at the US, Burma and Congo have the same value for everyone?

The US dollar is the most widely accepted currency in the world but the Euro is the most commonly used currency.

Deffense [45]4 years ago

5 0

Answer:

Differs amounts between different countries

Explanation:

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Calculating the geometric and arithmetic average rate of return) Marsh Inc. had the following end-of-year stock prices over th

KatRina [158]

Complete Question:

Marsh Inc. had the following end-of-year stock prices over the last five years and paid no cash dividends:

Time Marsh

1 $99

2 141

3 121

4 88

5 99

a. Calculate the annual rate of return for each year from the above information.

b. What is the arithmetic average rate of return earned by investing in Marsh's stock over this period?

c. What is the geometric average rate of return earned by investing in Marsh's stock over this period?

d. Considering the beginning and ending stock prices for the five-year period are the same, which type of average rate of return (the arithmetic or geometric) better describes the average annual rate of return earned over theperiod?

Answer:

Marsh Inc.

a. annual rate of return for each year

Year

2 42. 4%

3 -14.2%

4 -27.3

5 12.5

b. The arithmetic average rate of return earned by investing in Marsh's stock over this period is:

= 3.35%

c. The geometric average rate of return earned by investing in Marsh's stock over this period is:

= -0.7502%

d. Considering the beginning and ending stock prices for the five-year period are the same, the geometric type of average rate of return better describes the average annual rate of return earned over the period.

Explanation:

a) Data and Calculations:

Time Marsh ARR

1 $99

2 141 42. 4% ($42/$99 * 100)

3 121 -14.2% (-$20/$141 * 100)

4 88 -27.3 (-$33/$121 * 100)

5 99 12.5 ($11/$88 * 100)

Sum of ARR = 13.4%

Arithmetic mean = 3.35% (13.4%/4)

Geometric mean = {(1 + 0.424 * 1 - 0.142 * 1 - 0.273 * 1 + 0.125)∧1/4} - 1

= {(1.424 * 0.858 * 0.727 * 1.125)∧1/4} - 1

= {(0.99927)∧1/4} - 1

= 0.2498 - 1

= -0.7502

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3 years ago

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3 years ago

Which of the below statements is inaccurate?

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Answer c is the most inaccurate

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4 years ago

Identify the features of stocks and bonds.

motikmotik

<h3>Answers:</h3><h2>(A) Face Value</h2><h2>(D) Maturity Date </h2><h3>Explanations:</h3>

Par value, in finance and accounting, suggests stated value or face value. From this come the words at par (at the par value), over par (over par value) and under par (under par value).
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3 years ago

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Problem 13-22 The injection molding department of a company uses an average of 30 gallons of special lubricant a day. The supply

Alex Ar [27]

Answer:

The answer is 150 gallons

Explanation:

First we will write out the relevant information in the question that will help us with our calculation:

Safety stock = 50 gallons

50 gallons = 9% stockout risk

??? gallons = 3% stockout risk

Next, you have to understand that the relationship between the safety stock and stockout risk is an inverse proportion. This means that the bigger the safetystock amount, the smaller the stockout risk, and vice versa. Therefore, there will be a lesser risk of running out of stock, as the safety stock amount increases.

Let g be the safety stock

Let r be the stockout risk

This relationship is represented as:

$g = \frac{k}{r}$