Answer:
b. Buy £1,000,000 forward for $1.50/£.
Explanation:
Let's say for instance, we agree to make purchase of €1,000,000 and then forward for $1.50/€ and we assume that the price turns out to become $1.62/€ in three months time, the expected profit will be $12,000 = €1,000,000 ($1.62 - $1.50)As we can see, answer d looks convincing from an accounting standpoint, but it is wrong because the question asks us to make money with a forward contract, not by holding a particular spot. The correct option should be option b.
That statement is false
Due process refers to the treatment that both parties involved in a case should experience in order to obtain a hearing. The standard for the treatment is the same for civil and criminal cases. The only thing that different between the two only the magnitude of the punishment.
Answer:
Explanation:
A heart transplant is a surgical procedure that replaces the person’s heart with a donor heart. A person may require a heart transplant for several reasons including congenital, arterial and muscle diseases or for unforeseen reasons such as accidents or viral infections.
The donor heart is matched to the recipient by blood type. More variables are also used to decide which recipient receives a heart if there are not enough hearts available for all recipients waiting for a transplant. The variables included in the decision may include the recipient state of health, cause of the heart condition and the urgency of the transplant.
The main goal of this project is for you to write a matching function that receives as a parameter the number of available hearts for transplant and will output all the recipients ranked in order of precedence.
The number of hours worked for which I will the receive the payment is 7 hours.
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<u>Explanation:</u>
Considering the working hour is from 7:30 am to 8:30 pm
Initial work hours = 7:30 to 11:30am
number of hours = 4
If I start working at 5:30 pm and work till 8:30 pm then the number of hours would be 3
Thus,
total number of hours worked = 4 + 3
= 7
Therefore, number of hours worked for which I will the receive the payment is 7 hours.
Answer:
Journal Entry
Explanation:
The Journal Entry is shown below:-
Bonds payable Dr, $1,030,000
Loss on retirement of bond Dr, $78,800
($1,091,800 - $1,013,000)
To discount on bond $17,000
To cash $1,091,800
($1,030,000 × 106%)
(Being retirement of the bonds is recorded)