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3 years ago

What is the difference between demand deposits and near money? Thanks!

Business

1 answer:

GalinKa [24]3 years ago

7 0

demand deposits - a deposit of money that can be withdrawn without prior notice

near money - assets that can readily be converted into cash, such as government bonds

just google the definitions and read about it

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Cheetah Copy purchased a new copy machine. The new machine cost $134,000 including installation. The company estimates the equip

RSB [31]

Answer:

1,000.12

Explanation:

4 0

3 years ago

If a U.S. firm desires to avoid the risk from exchange rate fluctuations, and it is receiving 100,000 in 90 days, it could:_____

ivolga24 [154]

A 90-day forward-sale purchase contract will help to reduce or eliminate the risk facing the U.S. Firm.

<h3>What is a Forward sale Contract?</h3>

This refers to a special contract between two parties to purchase or sell an asset at an agreed price on a future date.

The fact that the price has been set and agreed upon protects the parties from fluctuations, which in this case, is exchange rate risks.

The correct answer, thus, is A.

See the link below for more about Forward-sale contract:

brainly.com/question/14862085

6 0

2 years ago

Marle Construction enters into a contract with a customer to build a warehouse for $950,000 on March 30, 2021, with a performanc

Mandarinka [93]

Answer:

The correct answer is option (B).

Explanation:

According to the scenario, computation of the given data are as follows:

As probability is not correctly given.

Let probability be:

July 31, 2021 = 65%

August 7, 2021 = 25%

August 14, 2021 = 5%

August 21, 2021 = 5%

So, We can calculate the transaction price by using following formula:

Transaction price = (Amount + Bonus) × Probability

July 31, 2018 = ($950,000 + $50,000) × 65% = $650,000

August 7, 2018 = ($950,000 + $40,000) × 25% = $247,500

August 14, 2018 = ($950,000 + $30,000) × 5% = $49,000

August 21, 2018 = ($950,000 + $20,000) × 5% = $48,500

So, Total transaction price = $650,000 + $247,500 + $49,000 + $48,500

= $995,000

5 0

4 years ago

What is the present value of a security that will pay $34,000 in 20 years if securities of equal risk pay 8% annually? Round you

OLga [1]

Answer:

present value = $7296.14

Explanation:

given data

future value = $34,000

time t = 20 year

rate r = 8% = 0.08

solution

we apply here future value formula for get present value that is

future value = present value × $(1+r)^{t}$ .....................1

put her value and we get

$34,000 = present value × $(1+0.08)^{20}$

present value = $\frac{34000}{1.08^{20}}$

present value = $\frac{34000}{4.660}$

present value = $7296.14

4 0

3 years ago

Consumption consists of spending by households on goods and services, with the exception of a. purchases of intangible services.

Leona [35]

Answer:

Explanation:

Different schools of economists define consumption differently.

-The process in which goods or services are used to satisfy economics leads.

-Consumption is known as direct or final consumption, when the goods satisfy human wants directly and immediately. The goods have reach their final destination.

-Consumption is also the value of all goods and services bought by households. Includes:

*durable goods. last a long time, e.g. cars, home appliances.

*nondurable goods. last a shot time, e.g. food, clothing.

*services. work done for consumers, e.g. dry cleaning, air travel, legal.

*also, rent is a payment for housing services.

But for GDP, when you bought a house, is considered investment.

4 0

3 years ago