Answer:
fhuafuhfuhsuihfuishfdvbcgufjvhfigirhhjfhhhfhh
Explanation:
Answer:
Cachita should buy put on yen
Explanation:
Given:
The current spot rate = ¥120.00/$
in US $/¥ = 
or
in US $/¥ = 0.0083
Maturity time = 90 days
Put on Yen Call on Yen
Strike Price 125/$ 125/$
Strike Price in $/¥ 0.008 0.008
Premium 0.00003/$ 0.00046/$
Therefore,
Here the strike price for put on Yen and call on Yen are same
but the premium for Put on Yen is less than the premium for the call on Yen
Therefore, Cachita should buy a put on yen to get the profit from the rise of the dollar
During the 1970s, some economists argued that the cause of the woes of the economy was due to d.) supply shock due to issues with the supply of oil
<h3>What was the
economic crisis of the 1970s?</h3>
This refers to the term that is used to discuss and describe the economic crisis that threatened to engulf the United States financial sector due to certain influences such as the 1973 oil crisis, the fall outs of the Vietnam War under President Johnson and many other factors.
Hence, it can be seen that with these factors in mind, the main argument of some economists was that the cause of the woes of the economy was due to d.) supply shock due to issues with the supply of oil as can be found in option D which is true because of the supply shock which helped to cripple the US economy.
Read more about economic crisis of the 1970s here:
brainly.com/question/1549639
#SPJ1
Answer:
Explanation:
The journal entries are shown below:
Taxes expense A/c Dr $12,320
To Prepaid Taxes $12,320
(Being prepaid taxes are adjusted)
Taxes expense A/c Dr $45,000
To Property taxes payable $45,000
(Being property taxes are adjusted)
The prepaid taxes are computed below:
= Prepaid taxes × (number of months ÷ total number of months in a year)
= $18,480 × (8 months ÷ 12 months)
= $12,320
The eight months is calculated from May 1 to December 31
