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STatiana [176]
3 years ago
15

Foreign exchange ________ earn a profit by a bid-ask spread on currencies they purchase and sell. Foreign exchange ________, on

the other hand, earn a profit by bringing together buyers and sellers of foreign currencies and earning a commission on each sale and purchase.
Business
1 answer:
eimsori [14]3 years ago
8 0

Answer:

Dealers, Brokers

Explanation:

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Although Deutsche Bank is headquartered in Germany, it is very likely it has some U.S. banking oversight.
marishachu [46]
True, banks around the world keep an eye on foreign currency  
3 0
3 years ago
Read 2 more answers
Which of the following is true of copyright law? Group of answer choices It protects the design, color, or shape that is associa
marta [7]

The following is true of copyright law : It protects original, creative expression.

<h3>What is Copyright ?</h3>

Copyright (or author's proper) is a prison time period used to explain the rights that creators have over their literary and inventive works. Works protected through copyright variety from books, music, paintings, sculpture, and films, to laptop

<h3>What is Copyright laws?</h3>

Copyright is a federal law. It is Title 17 of the United States Code. Copyright is the right of authors to control the use of their work for a limited period of time.

Copyright laws can be described as those laws which are useful for the protection of the original expression of an idea. Copyright laws are laws which are used to securely protect literary works, musical works, artistic works, as well as educational properties etc. The law does not offer protection from an idea. What it protects is the expression of that particular original idea. This means that another work could be done that is based on the same idea as a first work but this second work is not an infringement on the first.

Learn more about copyright law on:

brainly.com/question/24205575

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8 0
2 years ago
Firms are willing and able to sell 100 guitars per day at a price of $250 per guitar. What price will firms require to sell 100
kondaur [170]

Answer:

The correct answer is $ 265.

Explanation:

The gross price at which the product is required to be sold is the price  inclusive of all taxes charge on behalf of the Government (sales tax, federal excise duty etc).

So the sale price in the case given in the question will be sum of 250 dollars and 15 dollars that is 265$.

Please note that income tax in not included in price of the product.

5 0
3 years ago
A manufacturing firm's cost of goods manufactured is equivalent to a merchandising firm's: Select one: a. Cost of goods sold. b.
velikii [3]

Answer:

(B) Cost of goods purchased

Explanation:

While a merchandising company buys goods from its suppliers (goods purchased) and adds this to its opening inventory to determined the quantity of goods it has available for sale (goods available for sale), a manufacturing firm makes the goods to be sold (goods manufactured) and add to its opening inventory of finished goods to determine the same metric (quantity of goods available for sale).

This relationship can be seen when the trading account of both firms are compared.

8 0
3 years ago
Delta Lighting has 30,000 shares of common stock outstanding at a market price of $15.00 a share. This stock was originally issu
Oksi-84 [34.3K]

Answer:

Option (B) 10.87%

Explanation:

Data provided in the question:

common stock outstanding = 30,000

Market price = $15.00

Issuing price of share = $31 per share

Total face value = $280,000

Selling price = 86% of par

Cost of equity, ke = 13%

After-tax cost of debt, kd = 6.9%

Beta = 1.48

Tax rate = 30%

Now,

Market value of debt, Md = Total face value × Selling price

= $280,000 × 86%

= $240,800

Market value of equity, Me = Stocks outstanding × Market price

= 30,000 × $15

= 450,000

Thus,

WACC = [ Kd × Md + Ke × Me ] ÷ ( Md + Me )

= [ 0.069 × $240,800 + 0.13 × $450,000 ] ÷ ( $240,800 + $450,000 )

= $75,115.20 ÷ $690,800

= 0.1087

or

= 0.1087 × 100%

= 10.87%

Option (B) 10.87%

5 0
3 years ago
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