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3 years ago

What is the difference between a public and a private corporation?

1 answer:

6 0

The principal difference between public and privately held companies is that public companies have shares that can be publicly traded on a stock market. A privately held company might become a publicly held company by conducting an initial public offering, which is the offering of shares of the company to the public.

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A corporate treasury working out of Vienna with operations in New York simultaneously calls Citibank in New York City and Barcla

WARRIOR [948]

Answer:

Given $1 million and the following quotes:

Bank C - $0.7551-61/€

Bank B - $0.7545-75/€

There are two different arbitrage strategies that can be attempted. The first is to buy euros from bank B, and then sell them to bank C:

Buy euros Bank B:

Euros to be bought = $1,000,000 x Euro / $ 0.7575

Euros to be bought = 1,320,132.01 Euros

Sell euros Bank C:

Euros to be sold = 1,320,132.01 euros x $0.7551 / Euro

Euros to be sold = $996,831.68

The profit/loss can be calculated by subtracting the original starting amount of dollars by the post-arbitrage amount:

Profit/loss = $996,831.68 - $1,000,000

Profit/loss = -$3,168.32

The second strategy involves buy euros from bank C and selling them to bank B: Buy euros Bank C:

Euros to be bought = $1,000,000 x Euro / $ 0.7561

Euros to be bought = 1,322,576.38 Euros

Sell euros Bank B:

Euros to be sold = 1,322,576.38 euro x 0.7545 / Euro

Euros to be sold = $997,883.88

The profit/loss can be calculated by subtracting the original starting amount of dollars by the post-arbitrage amount:

Profit/loss = $997,883.88 - $1,000,000

Profit/loss = -$2,116.12

In both instances a loss is made by the arbitrage. The arbitrager cannot make a profit using these quotes.

3 0

3 years ago

Read 2 more answers

When a sales job is being filled by an untrained individual, the job specifications list will most likely include ________ as a

AlexFokin [52]

When a sales job is being filled by an untrained individual, the job specifications list will most likely include __<u>E) personality traits</u>___ as a way to predict which candidate will perform the job well.

<h3>What are personality traits?</h3>

Personality traits are some characteristics or qualities associated with individuals. Some of the personality traits include extroversion, agreeableness, openness, conscientiousness, adaptability, and neuroticism.

<h3>Answer Options:</h3>

A) age and gender

B) length of previous service

C) past job performance

D) relevant certification

E) personality traits

Thus, since the individuals involved are not trained, the most important factor to consider is not age, gender, previous service, past job performance, or relevant certification, but <u>E) personality traits.</u>

Learn more about personality traits here: brainly.com/question/10082381

6 0

2 years ago

Here are three things you could do if you do not attend your economics class: go to a free outdoor yoga class with some friends

Elina [12.6K]

Answer:

Explanation:

$25 dollars because this is the highest valued alternative forfeited

4 0

3 years ago

Variable Fixed Output Marginal Total Total Marginal cost

allsm [11]

Answer:

The average total cost of producing 60 units of output is:

b. $21.67

Explanation:

a) Data and Calculations:

Variable Fixed Output Marginal Physical Total Total Marginal

Input Input Product of Variable fixed variable Cost

input cost cost

0 1 0 $500 $0

1 1 10 (A) $500 $200 (F)

2 1 25 (B) $500 400 (G)

3 1 45 (C) $500 600 (H)

4 1 60 (D) $500 800 (I)

5 1 70 (E) $500 1000 (J)

The total cost of producing 60 units of output = $1,300 ($500 + $800)

Average total cost of producing 60 units of output = $21.67 ($1,300/60)

8 0

3 years ago

The growth of industrial manufacturing affected skilled tradesmen by:.

alina1380 [7]

answer:

removing control of their labor and their sense of independence.

8 0

1 year ago