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steposvetlana [31]
4 years ago
10

Assume the bid rate of a new zealand dollar is $.33 while the ask rate is $.335 at bank x. assume the bid rate of the new zealan

d dollar is $.32 while the ask rate is $.325 at bank y. given this information, what would be your gain if you use $1,000,000 and execute locational arbitrage?
Business
1 answer:
Aleks [24]4 years ago
7 0
I think you might have to add then subtract
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An important application of regression analysis in accounting is in the estimation of cost. Bycollecting data on volume and cost
Yuki888 [10]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Consider the following sample of production volumes and total cost data for a manufacturing operation.

Production Volume (units)Total Cost ($)

400units $4000

450units $5000

550units $5400

600units $5900

700units $6400

750units $7000

We will use the high-low method to calculate variable cost and fixed cost.

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ highest activity units - Lowest activity units)

Variable cost per unit= (7000 - 4000)/(750 - 400)= $8.57

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 7000 - (8.57*750)= 572

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 4000 - (8.57*400)= 572

Proportion of variable cost= 8.57/572= 0.0149= 1.49%

500 units= 572 + 500*8.57= 4,857

6 0
3 years ago
Finding the interest rate and the number of yearsThe future value and present value equations also help in finding the interest
steposvetlana [31]

Answer:

A=P(1+r/100)^n

where

A=future value

P=present value

r=rate of interest

n=time period.

a.

16843.93=12800*(1+r/100)^7

(16843.93/12800)^(1/7)=(1+r/100)

(1+r/100)=1.04

r=1.04-1

=4%

b.

50618.88=45,000*(1.04)^n

(50618.88/45,000)=(1.04)^n

Taking log on both sides;

log (50618.88/45,000)=n*log 1.04

n=log (50618.88/45,000)/log 1.04

=3 years

c.

1.A=$50*(1.05)^5

=$63.81(Approx).

A=$25*(1.1)^5

=$40.26(Approx).

2.

A=$25*(1.1)^5

=$40.26(Approx).

A=$50*(1.05)^5

=$63.81(Approx).

Hence Case 1 is correct.

Explanation:

5 0
3 years ago
If Abrams Company has an inventory turnover of 7.3 and a receivables turnover of 9.6, approximately how long is its operating cy
Leviafan [203]

Answer:

It is 16.9

Explanation:

Operating cycle = Inventory turnover + Receivable turn over - payable turnover

Hence, Operating cycle = 7.3+9.6

=16.9

Operating cycle implies how long it takes us to convert entire production process to cash .

It has an direct relationship with the level of working capital required. The higher the operating cycle, the higher the working capital investment required to keep the operation running.

A cash driven businesses like restaurant which hardly sell on credit will certainly have shorter operating cycle compared to a manufacturing company.

6 0
3 years ago
On December​ 31, Mercury Corporation has the following data​available: Net Income ​$200,000 Interest expense ​20,000 Preferred d
aliina [53]

Answer:

D 34.62%

Explanation:

To get the return on commonequity we need to follow a few steps as follows:  

Here we have to let the Average total common stockholders' equity = ($550,000 + $490,000) ÷ 2 = $520,000 and (Net income $200,000 - Preferred Dividends $20,000) ÷ Average total common stockholders' equity = 34.62% .Therefore the correct answer is 34.62%.

8 0
3 years ago
You inherited 500 shares of ge stock from your great aunt martha. as you contemplate selling the shares, your accountant informs
ella [17]
The appropriate response is double taxation. Double taxation is a tax assessment guideline alluding to wage charges paid twice on a similar wellspring of earned salary. It can happen when salary is burdened at both the corporate level and individual level. Twofold tax assessment likewise happens in universal exchange when a similar pay is exhausted in two unique nations.
6 0
4 years ago
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