Answer:
Missing word <em>"a. What must the six-month risk-free rate be in Japan"</em>
<em />
a. Spot rate = 1 US $ = 1.2377 Aus.dollar
Forward rate = 1 US $ = 1.2356 Aus.dollar
<u>1.2356</u> = <u>(1 + i Ad)</u>
1.2377 (1 + 0.05)
0.9983 * (1.05) = 1 + i.Ad
1.048215 = 1 + i.Ad
i.Ad = 1.048215 - 1
i.Ad = 0.048215
i.Ad = 4.82%
b. Spot rate = 1 US $ = 100.3300 Japan Yen
Forward rate = 1 US $ = 100.0500 Japan Yen
<u>100.0500</u> = <u>(1 + i Ad)</u>
100.3300 (1 + 0.05)
0.9972 * (1.05) = 1 + i.Ad
1.04706 = 1 + i.Ad
i.Ad = 1.04706 - 1
i.Ad = 0.04706
i.Ad = 4.71%
Answer:
$90; $900
Explanation:
Given that,
Amount of deposits = $100
Required reserve ratio = 10%
Required reserves:
= Amount of deposits × Required reserve ratio
= $100 × 10%
= $10
Excess reserves = Deposits - Required reserves
= $100 - $10
= $90
Money multiplier:
= 1/ Required reserve ratio
= 1/ 0.1
= 10
Money Supply:
= Amount of excess reserves used for lending × Money multiplier
= $90 × 10
= $900
The money supply could eventually grow by as much as $900.
Answer:
False
Explanation:
The provision of the Uniform Commercial Code as amended is that any missing terms such as price, quantity,location and expected time of delivery as well as payment terms can be added to the contract later on with consent of all parties involved or provided in compliance with other commercial codes.
In other words,the fact that payment should be made within seven working days when payment terms are missing is alien to Uniform Commercial Code.
The answer, therefore is false.
In this instance, Holly would be able to deduct all of these expenses if she is not reimbursed from her employer.
This company's accounting records are: Incorrect because debits side do no equal credits side.
<h3>Accounting record</h3>
Based on the information given their is an error when recording the journal entry reason been that we are supposed to credit cash with the amount of $200 and not $20.
Due to this error this company's accounting records will be wrong or Incorrect based on the fact that the debits side do no equal credits side.
The principle of accounting entry states that "Every debit entry must have a corresponding credit entry and every credit entry must have a corresponding debit entry"
The correct entry was supposed to be:
Debit Account payable $200
Credit Cash $200
Inconclusion this company's accounting records are: Incorrect because debits side do no equal credits side.
Learn more about accounting record here:brainly.com/question/26282268
