Answer:
The futures price of the pound for a one-year contract be to prevent arbitrage opportunities would be $1.63/BP.
Explanation:
In order to calculate the the futures price of the pound for a one-year contract be to prevent arbitrage opportunities we would have to make the following calculation:
futures price of the pound for a one-year contract=Spot rate*(1+United Kingdom risk free rate)/(1+United States risk free rate)
futures price of the pound for a one-year contract=$1.60/BP*(1+6%)/(1+4%)
futures price of the pound for a one-year contract=$1.63/BP
The futures price of the pound for a one-year contract be to prevent arbitrage opportunities would be $1.63/BP.
All of these are very true
Answer:
1.33
Explanation:
Data provided in the question:
Cash = $14,000
Marketable securities = $8,000
Account receivable = $34,000
Current liabilities = $42,000
Now,
Acid Test Ratio
= (Cash + Marketable securities + Account receivable) ÷ Current Liabilities
= ( $14,000 + $8,000 + $34,000 ) ÷ $42,000
= $56,000 ÷ $42,000
= 1.33
Let x be the number of television panels that the Company B produced. It is stated in this item that 5% of these panels are defective. The number of defective panels from Company B is therefore equal to 0.05x.
With the representation above, the total number of panels produced by the two companies is equal to 12000 + x. The percentage of total defective panels to the total panels produced can be expressed through the equation,
((12000)(0.02) + 0.05x) / (12000+x))(100) = 3
Dividing the equation by 100
(240+0.05x)/(12000+x) = 0.03
Cross-multiplying the denominator of the left-hand side to the right hand side of the equation,
240 + 0.05x = 360 + 0.03x
Transposing like terms,
0.02x = 120
Dividing the equation by 0.02.
x = 6000
<em>ANSWER: The number of tv panels produced by Company B is 6000. </em>
