Answer:
(c) Foreign exchange option
Explanation:
Derivatives refer to those securities whose value is derived from the underlying asset. Examples being currency derivatives, commodity derivatives, etc.
Foreign exchange option refers to a derivative instrument whereby the holder has the right but not the obligation to buy or sell a currency at a future date at a predetermined rate fixed today.
In a call option, the holder has the right but not the obligation to buy a currency while in a put option the holder has the right but not the obligation to sell a currency.
The predetermined price at which the holder can buy or sell a currency is referred to as the strike price or exercise price.
Answer:
E. The demand for loanable funds increases.
Answer:
A). She cites a personal services company in another city that increased its business by adding dog walking to its services.
Explanation:
PREP method is demonstrated as the effective method or approach of presentation or speech that consists of four steps: 'P stands for 'point'(statement of claim), 'R stands for 'reasons'(explanation of the point), 'E stands for 'examples or evidence'(to support the claim), and lastly, 'P stands for point('justification and restatement of the claim').
According to this method, option A i.e. 'She cites a personal services company in another city that increased its business by adding dog walking to its services' reflects the third step that Khandi uses for her presentation. <u>This citation would not only support her claim but also establish the credibility of her claim</u> while the next step would prove how her claim is justified. Thus, <u>option A</u> is the correct answer.
Answer:
Part (1) November 1
The amount paid is the rental advances and must be recorded as advances which falls under the current asset category:
Dr Rental Advances $90,000
Cr Bank account $90,000
Part (2) December 31
On this date, some of the rental advances paid would be realized as expenses from the period November 1, 20X1 to December 31, 20X2.
This time duration constitutes to 2 months and the rental advance made on November were for five months. Out of these 5 months, 2 months share must be recognized as expense which is
The relevant entry would be:
Dr Rental Expenses $36,000
Cr Rental Advances $36,000
Practicia completes the job in one hour = 1/4
Naoimi completes the job in one hour = 1/5
If Parcticia and Naoimi does it together,let us suppose in x number of hours.
The equation so form is:
(1/4)*x + (1/6)*x = 1 (i.e job finished)
The Least common multiple(LCM) of 4 and 6 = 12
12*(1/4)*x + 12*(1/6)*x = 12*1
Therefore, solving the equation we get,
3x + 2x = 12
5x = 12
x = 12/5
x= 2 2/5 hours or 2.24 hours
Therefore number of hours they took to complete the work is 2 hours and 24 minutes or 2.24 hours.