Answer:
$2,108
Explanation:
Max purchases a used car for $3400.
The sales tax paid was 62%
The tax amount would be 62% of $3,400
=62/100 x $3,400
=0.62 x $3,400
=$2,108
Tax amount = $2,108
Answer:
A. True
Explanation:
Arbitrage refers to a situation wherein a gain is made owing to price discrepancy or unevenness in two markets. The rule for arbitrage is to buy from the markets where price is less and sell in the markets where price is higher.
Triangular arbitrage occurs wherein 3 different currencies are involved and the exchange rates are not uniform i.e a discrepancy exists and interest rate parity does not hold true.
Interest rate parity refers to the concept wherein the disparity between two currency exchange rates is adjusted by the respective interest rates of the two countries. When interest rate parity exists, no arbitrage is possible as markets are fairly priced.
Answer:
B) Federal Sentencing Guidelines for Organizations Act.
Explanation:
The Federal Sentencing Guidelines for Organizations Act (FSGO) was passed on November, 1991, and it provides a guideline for organizations' compliance and ethics programs. It applies to virtually all types of private organizations, including corporations, partnerships, non-profits, labor unions, etc.
A and D...................................................
Answer: Venture capitalists should have key contacts and financial strength.
Explanation:
Venture Capital investors invest funds into startups, early-stage, or high growth emerging companies so that they can help the company grow and become successful in the future in exchange for some shares in the company.
The aim of this is to be able to sell their shares in the company for a profit when the company grows successful.
To be able to make these companies grow faster, Venture Capitalists need to present them with opportunities to make them grow. These opportunities include having key contacts to make the work of the company easier. Venture Capitalists should also have the necessary financial strength to support the new startups as needed.