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katovenus [111]
3 years ago
13

The foreign-exchange market is located exclusively in the united states. true or false

Business
1 answer:
Alex3 years ago
5 0

False: An individual buys from a supplier whose currency is depreciating against the individuals currency, the individual will have to pay a larger amount of his own currency to complete the purchase.

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lesya [120]

a debit or credit card?

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3 years ago
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The Jameson Company just paid a dividend of $0.75 per share, and that dividend is expected to grow at a constant rate of 5.50% p
belka [17]

Answer:

Jameson's current stock price, P0 is  $18.62

Explanation:

Required rate of return = Risk free rate + Beta*Market risk premium.

                                       = 4.00% + 1.15*5.00 %

                                       = 9.75 %

Current stock price, P0

= Expected dividend per share/(Required rate of return - Growth in dividends)

= (0.75 + 5.50%*0.75)/(0.0975 - 0.055)

= $18.62

Therefore, Jameson's current stock price, P0 is  $18.62

5 0
3 years ago
An investment banker agrees to underwrite an issue of 10 million shares of stock for TWResearch, Inc. on a firm commitment basis
Mrac [35]

Answer:

$ 7.5 million

Explanation:

The investment bank will have a loss which = ( 9.75 - 10.50 ) × 10 million = $ - 7.5 million

7 0
3 years ago
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Who wants to buy me?⊇·⊆
Artist 52 [7]

Answer:

buy you what? and I don't think this is the right place lol

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The entry to record the use of direct materials in production would include a A. credit to Finished Goods Inventory. B. debit to
earnstyle [38]

Answer:  

B. debit to WIP inventory

Explanation:

The journal entry to record the usage of direct material in production is

Work in Process Inventory                                  Dr.

     To Raw Material Inventory

(Raw materials consumed recorded)

Raw material inventory is an asset. It's consumption should reduce it's balance. A debit increases an asset's balance while a credit reduces it's balance.

Work in process, like raw material is an inventory account i.e an asset. A debit increases their balance whereas a credit reduces it.

Here, raw materials i.e direct material have been issued for production, which would reduce their balance and increase the balance of work in process as finished goods are yet to be made.

3 0
3 years ago
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