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3 years ago

What is a foreign exchange rate?

Business

2 answers:

ziro4ka [17]3 years ago

7 0

Difference between the Us Dollar. 1 US dollar is .86 Euro

Bogdan [553]3 years ago

6 0

The correct answer would be, the rate at which one currency is exchanged with another currency.

Foreign Exchange Rate is the rate at which one currency of a country is exchanged with another currency.

Explanation:

When one currency of a country is exchanged with the currency of another country, the rate at which the currencies are exchanged is called as the exchange rate.

For example if someone plans a trip to Europe from America, he has US dollars which he needs to exchange in Euros to be able to use the currency in Europe. So the rate at which he will exchange his Us dollars with Euro, will be the Foreign Exchange Rate.

Roughly, a Euro is equivalent to 1.08 US Dollars, as of today. So this 1.08 dollars will be the exchange rate for US dollars to Euro.

Learn more about Exchange Rate at:

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Ilia_Sergeevich [38]

Answer:

Take a credit facility and do an insurance cover.

Explanation:

In order to meet your monthly financial commitments, you can seek for upfront credit facility through your organization if such provisions exist or ask for a salary loan which can be deducted from source (Salary).

To prepare for similar unfortunate incidence in the future, it will be important to secure a life and health insurance cover either through your organization or on an individual basis.

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3 years ago

Match each type of business insurance with its description.

ser-zykov [4K]

Answer:

insurance against leakage or pilferage of critical and confidential data - data theft insurance

insurance against commercial property damage due to events such as fire, floods, storms, or earthquakes - property insurance

insurance against damage to company vehicles and injury or loss of life due to company vehicles - commercial auto insurance

insurance against severe loss of life or money due to one’s professional negligence or malpractice - professional liability insurance

Explanation:

8 0

3 years ago

Jennifer is trying to decide what combination of music albums and DVDs to buy. She has $45 to spend. DVDs cost $15. Albums cost

Marizza181 [45]

Answer:

The best consumption bundle is (b)

Explanation:

The best consumption bundle is always the one which satisfies the most. In the above scenario, Jennifer wants to buy both DVDs and albums. The cost of DVD and album is $15 and $ 7.5 respectively. The best combination is to buy 2 DVDs they will cost her 30$, and with the remaining 15$ she can buy two albums. So, the best combination is 2, 2.

3 0

4 years ago

Scrimshander, Inc. is a shipping company, transporting goods using cargo ships. On January 1, 2017, the company purchases and pu

Alex17521 [72]

Answer:

Scrimshander, Inc.

a) Annual depreciation expense = $360,000

b) Net book value of the cargo ship as of December 31, 2019 = $9,280,000

c) Net book value of the cargo ship as of December 31, 2041 = $1,360,000

d) Depreciation expense for 2042 = $360,000

Explanation:

a) Data and Calculations:

Purchase price of a cargo ship = $10,000,000

Expected useful life of the ship = 25 years

Salvage value = $1,000,000

Depreciable amount = $9,000,000 ($10,000,000 - $1,000,000)

Annual depreciation expense = $360,000 ($9,000,000/25)

Net book value as of December 31, 2019 = $9,280,000 ($10,000,000 - $720,000)

Accumulated depreciation = $720,000 ($360,000 * 2)

Net book value as of December 31, 2041 = $1,360,000 ($10,000,000 - 8,640,000)

Accumulated depreciation = $8,640,000 ($360,000 * 24)

7 0

3 years ago

A market where prices reflect all available public information is _____.

Alexxandr [17]

Answer:

The correct answer is:

b.) semistrong form efficient

Explanation:

In financial economics, the efficient-market hypothesis is a hypothesis that states that asset prices reflect all available information. The concept theorizes that the market is generally efficient, because it holds that a market cannot be beaten, because it incorporates all the important determination information into current share prices.

There are three versions of an efficient market hypothesis:

1. strong form efficient: This version states that all information - both information available to the public, and those not publicly known - is completely accounted for in stock prices, and there is no information type that can give an investor an advantage in the stock market.

2. semi-strong efficient: This version believes that only information readily available to the public can be used to factor prices and that changes in prices to new equilibrium levels are a product of this public information.

3. weak form efficient: This version assumes that current stock prices reflect all security market information. It contends that past price and volume data have no relationship to the direction or level of security prices. It concludes that excess returns cannot be achieved using technical analysis.

6 0

3 years ago