Answer:
c. Appreciate; Appreciate
Explanation:
Triangular arbitrage is the act of taking an opportunity resulting from a pricing discrepancy among three different currencies when the currency's exchange rates do not exactly match up
This cases are very rare and for a quite short period of time so there are very few traders who takes the advantange of them.
Lets study th given cases here:
A) NZ dollar Versus Mexican Peso
The exchage rate is 1NZ$= 2 Mexican Pesos (MXP)
But if we apply the triangular arbitrage:
1 NZ dollar = 0.3333 US$
and we know tha 1 US$= 7 Mexican Pesos (MXP
Then 1 NZ dollar = 0.3333* 7 MXP= 2.333 MXP
So the NZ dollar appreciates
B) MXP Versus U$S
The exchage rate is 1 MXP= (1/7) U$S
But if we apply the triangular arbitrage:
1 MXP = 0.5 NZ
and we know tha 1 NZ= 0.333 US$
Then 1 MXP = 0.5* 0.333 U$S= 0.166 U$S
So the MXP appreciates
This excess should be credited to Budgetary Fund Balance Unassigned.
<h3>
What is Fund Balance?</h3>
Any specific fund's fund balance is basically what is left over after the fund's assets are used to pay its liabilities. Both the reserved and unreserved portions of the fund balance must be disclosed.
<h3>What is Unassigned Fund Balance?</h3>
The term "unassigned fund balance" refers to the balance that remains after non-spendable, restricted, committed, and assigned funds have been deducted from the total amount. It contains all spendable monies that are not included in the other classes. That's not a very simple explanation.
Therefore, perhaps the simplest approach to considering the unassigned fund balance is the amount of money available to stop a cash flow problem.
Therefore, in a town's general fund operating budget for the year, the number of its estimated revenues exceeded the number of its appropriations. This excess should be credited to Budgetary Fund Balance Unassigned.
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<span>As discussed in your reading material,the word nature in the "nature versus nurture" argument refers mainly to genetics.</span>
Answer:
the ending inventory is $13,200
Explanation:
The computation of the dollar value of the ending inventory under variable costing is shown below:
= Variable production cost per unit × difference in units
= $13.20 per unit × (5,200 units - 4,200 units)
= $13.20 per unit × 1,000 units
= $13,200
hence, the ending inventory is $13,200
Private owners' primary aim in capitalism is money creation.
A system of economics referred to as "capitalism" is one that promotes private ownership of the tools of creation, distribution, and exchange in order to generate profit. In this system, the market decides the production and pricing of the goods and services, hence supply and demand dynamics are very important.
An economic system known as capitalism is one in which private individuals own and manage the trade and industries of the economy in order to profit.
What is Capitalism:
Capitalism, which includes both the working class and the capitalist class, supports class differentiation, there is a significant gap between the rich and the poor. On the other hand, communism is opposed to class inequalities in society since it supports a society in which there is no distinction among the rich and the poor.
In a capitalist society, everyone is responsible for generating their own wealth. Contrarily, in communism, wealth is dispersed in accordance with needs and capacity. While there is intense competition between businesses in capitalism, this is not the case in communism, because the government controls the market. While capitalism exists in western nations, socialism is more prevalent in eastern nations.
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