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nika2105 [10]
3 years ago
12

Assume the following information regarding U.S. and Canadian annualized interest rates:Currency lending rate borrowing rateus do

llar 5.89% 6.35%candian dollar 5.60% 6.00% Piggy Bank can borrow either $20 million or C$30 million. Furthermore, Piggy Bank expects the spot rate of the Canadian dollar to be $0.82 in 60 days (the current spot rate is $0.80). What is Malone Bank's profit or loss from speculation if the spot rate 60 days from now is indeed $0.78?
Business
1 answer:
Lunna [17]3 years ago
5 0

Answer:

$601,600

Explanation:

$601,600 is Malone Bank's profit or loss from speculation if the spot rate 60 days from now is indeed $0.78.

I hope it will help you!

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You are assigned to weigh mrs. abrera using an electronic scale. when you plug the unit into the outlet, a spark shoots out. the
morpeh [17]

I THINK ITS MIDDLE FINGERS AT THESE AHOLE MODERATORS

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3 years ago
Decision Point: Your Second Meeting: Furniture Assembling of wooden table with screwdriver Your next client is a retailer of rea
drek231 [11]

Answer:

Increase sales force need and commence prospecting

Explanation:

With scenarios like existence in market for over two years, existence of untapped potentials in the sales unit, and a great marketing opportunity that abound with moderate pricing, such furniture business only requires to immediate prospecting to potential client whose needs are in tune with their furniture products and establish a proposal. Also, the sales force should practice the lead approach in their prospecting such that every discussion with an initial prospect should generate lead to three other persons. With this process and a fair market price in a competitive market, coupled with product quality will yield the expected turnover after a projected period.

4 0
3 years ago
Use the below information to answer the following question.
lianna [129]

Answer:

$2,253.35

Explanation:

external financing needed = EFN = [(total assets/total sales) x ($ Δ sales)] - [(total current liabilities/total sales) x ($ Δ sales)] - [profit margin x forecasted sales in $ x (1 - dividend payout ratio)]

total assets = $48,900

total sales = $42,700

$ Δ sales = $5,978

current liabilities = $3,650

profit margin = net income / sales = 0.129

forecasted sales = $48,678

dividends payout ratio = dividends / net income = 0.35

EFN = [($48,900/$42,700) x ($5,978)] - [($3,650/$42,700) x ($5,978)] - [0.129 x $48,678 x (1 - 0.35)]

EFN = $6,846 - $511 - $4,081.65 = $2,253.35

7 0
3 years ago
A profit-maximizing entrepreneur rents an apple orchard for a day. He is a price taker in both the market for labor and the mark
yaroslaw [1]

Answer:

c. 5

Explanation:

L       Q     MPL (ΔinQ/ΔinL)    VMPL

4      52  

5      60              8                       80

6      66              6                       60

7      70               4                       40

8 72               2                       20

Note: Labour hired per day = L, Total product = Q, Marginal Product of labor=MPL, VMPL =Price*MPL

A firm will maximize the profit by increasing the number of labor as long as VMPL is higher than or equal to the wage rate. In this case, we observe that VMPL ($80)>wage rate ($75) for L=5 but VMPL ($60)<wage rate ($75) for L=6. So, the optimal number of labor to be hired is 5.

7 0
3 years ago
___________is a conductor installed on the supply side of a service or separately derived system to ensure the required electric
g100num [7]

Answer:

Supply-side bonding jumper

Explanation:

A supply side bonding jumper is a transmitter on the stockpile side or inside an assistance or independently inferred framework to guarantee the electrical conductivity between metal parts required to be electrically associated.  

A bonding jumper on the stock side of an over current gadget  

The size of the stock side holding jumper depends on the unground stage conductors

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