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
Darina [25.2K]
3 years ago
6

Assume that the interest rate on borrowings in india is 1 percent while the interest rate on bank deposits in a u.s. bank is 6 p

ercent. john, an active currency trader, borrows in japanese yen, converts the money into u.s. dollars and deposits it in a u.s. bank. the speculative element of john's carry trade is that its success is based upon his belief that
Business
1 answer:
BARSIC [14]3 years ago
3 0
Those who try to benefit from a carry trade are hoping to borrow money at a low interest rate so that they can invest in something that will provide a higher return. People commonly do this between different foreign exchange markets to make the most on their return from investing in different country currencies. 
You might be interested in
Quay Co. had the following transactions during the current period.Mar. 2 Issued 5,000 shares of $7 par value common stock to att
LenaWriter [7]

Answer:

Following are the  journal entries to this question:

Explanation:

Date                            account title                                  Dr.                        Cr.

Mar.2                Incorporation expense                     \$39,600

          Common Stock (Par value=5000 \ Shares \times 7)                \$35,000        

       Paid in excess of par- Common Stock (39600-35000)             \$4,600

      (Bein 5000 common shares Of par value \$4 each issued )

June. 12                                       Cash                            \$519,100

                   Common Stock (Par value -63400\  Shares \times 7)                  \$443,800

        Paid in excess of par- common stock (519100-443800)              \$75,300 (Being 63400 common shares of par value \$7 each issued for \$519100 cash)

July-11                    cash 2175\  shares\times \$130                   \$282,750

               Preferred Stock (Par value =2175\  Shares \times \$110)             \$239,250      

               Paid in excess of par- Preferred stock (282750- 239250)                               (Being 2175 Prefered shares of par value \$110 each issued for \$130 each)

Nov. 28                         Treasury Stock                                           \$83,500

                                     cash                                                            \$83,500

                (Purchased 2,350 shares of treasury stock for\$83,500 ).

3 0
3 years ago
Abc company sells 4,530 chairs a year at an average price per chair of $175. the carrying cost per unit is $39.27. the company o
alina1380 [7]

Answer:

sorry i have no clue im just trying to level up good luck on your test XD

Explanation:

8 0
3 years ago
When a firm gets so large that coordination and management of workers and other inputs becomes costly and difficult, it is exper
elena55 [62]

Answer:

The correct answer is the option A: Diseconomies of scales.

Explanation:

To begin with, the concept known as <em>''diseconomies of scales''</em>, in the field of economics and management, refers to the situation where an organization finds itself in problems due to the fact that a large production is being produced by them and the coordination and management of that large production is beginning to cause trouble and that impacts in the fact that the company will produce good or services with an increase in the cost per unit of the products.

7 0
3 years ago
19th century how successful were labor organizations in improving the working conditions for, and advancing the interests of ind
Alex Ar [27]

Answer:

19th century,labor organizations were not very  successful in improving the working conditions and advancing the interest of industrial workers in united states.

<u>Explanation:</u>

Workers formed union.These unions give them immense power.These unions have a leader selected from among the workers only.Leader act as a representative of whole union.These unions can bargain on behalf of all the workers for providing them better working conditions,more wages,bonus.

They used strikes to force the employers to increase wages and provide better working conditions.These unions worked hard to stop child labor,give health benefits and help those workers who  got injured .In 19th century trade unions were formed by skilled workers.

Knights of labor was a  trade union formed in 1869.It attracted large number of workers and hoped to improve their working conditions.In 1880 skilled labor left Knight of labor and joined American federation of labor.It provides better working conditions.It had 500000 members by 1900.

Despite the efforts unions made less progress in this Era .

8 0
3 years ago
Which of the following best describes vertical integration? A. sell products to a supplier or a distributor B. develop the abili
jasenka [17]

Answer: B

Explanation:

A vertical integration is where a company owns another company in the same production line.

For example a company that bakes bread has a farm where wheat is cultivated, a marketing company and retail locations for the sale of the bread.

The advantages of Vertical integration include:

a. It reduces costs.

b. It increases efficiency.

c. It gives the firm greater control of the production process.

A major disadvantage of vertical integration is it requires huge capital outlay.

7 0
3 years ago
Other questions:
  • A fábrica Pettinati Brinquedos e Lazer Associados foi obrigada a reduzir seu pessoal em função da perda de um importante cliente
    11·2 answers
  • The main shortage cost when a producer does not have a requested item in inventory is
    10·1 answer
  • Economic systems seek to answer what key economic questions Select all that apply. How should goods and services be produced? Wh
    13·1 answer
  • Craig graduated from college and got his first job. He rented an apartment and purchased new furniture, appliances, and a televi
    8·1 answer
  • Rivoli Inc. hired you as a consultant to help estimate its cost of capital. You have been provided with the following data: D0 =
    15·1 answer
  • Explain why the Federal Reserve Bank might be concerned if the economy begins growing too quickly.
    11·1 answer
  • Why is it important to keep your own financial records?
    15·1 answer
  • The Beckham Company has the following information about their activity cost pools: Activity Cost Pools Total Overhead Cost Total
    14·1 answer
  • Which is true of payment history and it’s relation to credit reports
    5·1 answer
  • other things held constant, the lower a firm's tax rate, the more logical it is for the firm to use debt. true false
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!