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Shkiper50 [21]
3 years ago
14

The Basel Accord

Business
1 answer:
Anton [14]3 years ago
7 0

Answer: forces banks with greater risk to maintain more capital.

Explanation:

The Basel Accord are a set of regulations in the banking industry that enables the proper functioning of banks, if these regulations for banks are strictly adhered to, banks would rarely have problems of total failure which leads to the bank closing up.

The Basel Accord is named after the city of Basel in Switzerland where the meetings took place, the Accord majored on the minimum financial requirements of banks.

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ABC Software is a producer of educational software for children below the age of twelve. The company has operations in Switzerla
igomit [66]

Answer:

Would not exercise its currency option

Explanation:

Currency options are one of the most common ways for corporations , individuals or financial institutions to hedge against adverse movements in exchange rates.

A currency option is a contract that gives the buyer the right , but not the obligation, to buy or sell a certain currency at a specified exchange rate on or before a specified date.

5 0
3 years ago
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M1 is comprised of currency held outside banks + traveler’s checks + __________.
leva [86]
<span>M1 is comprised of currency held outside banks + traveler’s checks + Checkable Deposits
Checkable deposits are a bank account which contain the amount of fund that you could use to write a check. In most cases, as long as the amount is sufficient, there is no restriction or limitation for this account</span>
5 0
3 years ago
In the papyrus corporation, cash receipts from customers were $136,000, cash payments for operating expenses were $102,000, and
sleet_krkn [62]
Cash receipts from customers = $136,000
cash payment for operating expenses = $102,000
tax paid  = 1 / 3
Amount on which tax paid = $9,300
amount of tax paid = $9,300 / 3 = $3,100
net cash provides by operating activities = ?
Net cash = cash from customers - cash payment for operating expense -  amount of tax paid
= $136,000 - $102,000 - $3,100
= $30,900
so the net cash provided by operating activities is $30,900
4 0
3 years ago
Assume that your grandmother wants to give you generous gift. She wants you to choose which one of the following sets of cash fl
Finger [1]

Answer:

The best option is Option A.

Explanation:

3 0
3 years ago
Accounts receivable arising from sales to customers amounted to $40,000 and $55,000 at the beginning and end of the year, respec
Allushta [10]

Answer: The answer is e. $215,000.

Explanation: Based on the information provided in the question, see the cash flows statement below:

XYZ Cash Flows Statement

Net income                                                         $180,000

Increase in account receivable                           (15,000)

Increase in accounts payable                              50,000

Cash flows from operating activities             $215,000

  • Note that the purchase of equipment of $50,000 cash would not be considered under cash flows from operating activities but would rather be considered under cash flows from investing activities.
  • Increase in accounts receivable means outflow of cash while increase in accounts payable means non-payment of debt, that is, inflow of cash.
7 0
3 years ago
Read 2 more answers
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