1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
crimeas [40]
3 years ago
13

A currency trader observes the following quotes in the spot market: 1 U.S. dollar = 122 Japanese yen 1 British pound = 2.25 Swis

s francs 1 British pound = 1.63 U.S. dollars Given this information, how many yen can be purchased for 1 Swiss franc? 89.47 85.05 91.70 88.38
Business
1 answer:
andrezito [222]3 years ago
8 0

Answer:

88.38

Explanation:

Given;

1 U.S. dollar = 122 Japanese yen

1 British pound = 2.25 Swiss francs

1 British pound = 1.63 U.S. dollars

Therefore,

2.25 Swiss francs = 1.63 U.S. dollars

1 US. dollar = 2.25/1.63 Swiss francs

1 US dollar = 1.38 Swiss francs

since

1 U.S. dollar = 122 Japanese yen then,

1.38 Swiss francs = 122 Japanese yen

1 Swiss francs = 122/1.38 Japanese yen

1 Swiss francs  = 88.38 Japanese yen

1 Swiss franc can be used to purchase 88.38 Japanese yen.

You might be interested in
Cho owns and operates a store in a country experiencing a high rate of inflation. In order to prevent the value of money in her
Ber [7]

Answer:

Shoe leather costs

Explanation:

(A) Shoe leather costs

(B) Inflation can be defined as the persistent rise in the prices of goods and services. Shoe leather costs can be defined as the costs of time and effort that are encountered by individuals while trying to prevent the effect of inflation. It describes the costs incurred by individuals that visits the bank often inorder to withdraw money needed to purchase goods and services during the time of inflation.

Shoe leather cost arises during the period of high inflation, individuals do not hold large amount of cash because there will be a reduction in the value of the money.

5 0
3 years ago
Predictive analytics is used for all of the following exceptâ:
Sindrei [870]

Answer: determining the best routes for product delivery.

Explanation:

Predictive analytics is designed I order to help determine the effects of changes that occurs in a business environment.

It can be used for establishing consumer credit scores, forecasting the safety of drivers, identifying the most profitable customers and also anticipating customer response to price changes.

It is not used for determining the best routes for product delivery.

6 0
2 years ago
The interest paid on a municipal bond, otherwise known as a muni, is generally exempt from federal income taxes. therefore, the
Ratling [72]
That statement is true
A corporate Bond is way more senstive to the condition of the market which will affect the volatility of its value. Since government could technically produce their money from the federal reserve, the municipal bond is technically will always be paid (by risking inflation)
4 0
3 years ago
Assume that demand for a commodity is represented by the equation P=10−0.2Qd. Supply is represented by the equation P=2+0.2Qs, w
svet-max [94.6K]

Answer:

Equilibrium price=6

Equilibrium quantity=20

Explanation:

P=10-0.2Qd

P-10= -0.2Qd

Qd=p-10/-0.2

Qd=-5p+50

P=2+0.2Qs

P-2=0.2Qs

Qs=p-2/0.2

Qs=5p-10

(a)

Qs=Qd

5p-10= -5p+50

5p-10+5p-50=0

10p-60=0

10p=60

p=6

Equilibrium price=6

Equilibrium quantity

Qd=-5p+50

=-5(6)+50

=-30+50

=20

Qs=5p-10

=5(6)-10

=30-10

=20

Equilibrium quantity=20

(c) Graph has been attached showing the equilibrium price and quantity

8 0
3 years ago
What do neoclassical economics and behavioral economics believe about giving people options?
UNO [17]

Neoclassical economics focuses on providing more options while Behavioral economics focuses on helping people make better decisions with the options available.

A psychological approach to business, behavioral economics looks at how well people's expectations of utility and profit maximization match their actions and if they actually maximize predicted utility.

Contrarily, neoclassical economics views manufacturing costs as a key determinant of pricing a product. Thus, neoclassical economists contend that customers' primary determinant of choice is price.

Hence, the two have different beliefs about giving people options. While behavioral economics focuses on assisting people in making better decisions with the options at hand, neoclassical economics places greater emphasis on offering more options.

Want to know how would keynesian and neoclassical economics propose dealing with cyclical unemployment? Read here: brainly.com/question/28213854

#SPJ4

4 0
1 year ago
Other questions:
  • Refer to the HR Reports in the Inquirer. Through past investments in recruiting and training Chester has obtained a productivity
    13·1 answer
  • An automobile dealer expects to sell 900 cars a year. The cars cost $9000 plus a fixed charge of $1000 per delivery. If it costs
    5·1 answer
  • Bob is 46 and made $45,000 in wages in 2017. he divorced in 2014 and has not remarried. he pays all the cost of keeping up his h
    13·2 answers
  • Baby boomers represent a huge demographic segment for travel marketers. baby boomers are also heavily motivated by self-fulfillm
    15·1 answer
  • A 3-year bond with 10% coupon rate and $1000 face value yields 8%. Assuming annual coupon payment, calculate the price of the bo
    14·1 answer
  • Llano’s stock is currently selling for $50.00. The expected dividend one year from now is $1.50, and the dividend growth rate is
    8·1 answer
  • On January 1, 2021, Bombay Corporation signed a five-year noncancelable lease for equipment. The terms of the lease called for B
    14·1 answer
  • ¿La desigualdad social, puede afectar en los principios de administración de una empresa?
    14·1 answer
  • Colt Football Co. had a player contract with Watts that is recorded in its books at $5,600,000 on July 1, 2014. Day Football Co.
    11·1 answer
  • Farmers company purchased equipment on January 1 year one for $96,000 The equipment is estimated to have a five-year life and a
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!