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pickupchik [31]
4 years ago
14

In forward transactions A. currency is bought and sold for delivery later that same day. B. currencies may only be exchanged at

rates set by governments well in advance. C. currencies are exchanged at a set date in the future. D. the exchange takes place at the same exchange rate as i
Business
1 answer:
alina1380 [7]4 years ago
4 0

Answer:

The correct answer is letter "C": currencies are exchanged at a set date in the future.

Explanation:

A Forward Contract is an arrangement to buy and sell an asset on a future date. The price of the commodity shall be determined at the time the contract is signed. A forward contract is similar to a forward contract with some major variations. Future contracts do not trade on an exchange and settle at the end of the contract period, while futures contracts do not.

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Question 4
sp2606 [1]

The main risk posed by pests when it comes to food is that of d. Biological contamination

Pests are very bad for food because:

  • They can infect it with faces
  • They can infect the food with dangerous pathogens

Fetal contamination and bacterial (pathogenic) infections are examples of biological contamination.

We can therefore conclude that pests are more likely than not, to pose a risk of biological contamination.

<em>Find out more at brainly.com/question/2600140. </em>

7 0
3 years ago
On July 1, 2021, an interest payment date, $153000 of Oriole Company bonds were converted into 3070 shares of Oriole Company com
Stolb23 [73]

Answer:

$17,900

Explanation:

= ($153,000-$5,900-(3070*45))*2

= ($153,000 - $5,900 - $138,150)*2

= ($8,950)*2

= $17,900 -  increase in paid-in capital in excess of par

NB - When a company issues bonds, it incurs a long-term liability on which periodic interest payments must be made, usually twice a year.

3 0
4 years ago
According to a summary of the payroll of Scotland Company, $450,000 was subject to the 6.0% social security tax and $500,000 was
solmaris [256]

Answer:

Credit to salaries payable of $364,500

Explanation:

There is important to undestand some vocabulary for business aproach.  

A credit to salaries are the amount that the companies owed to their employees.

3 0
3 years ago
Effective leaders are also good members of a team. <br> A. True <br> B. False
ira [324]
A false and tell eriuddjsjsuxhhzuxn b
6 0
4 years ago
Read 2 more answers
4. (10 points). Prezas Company's balance sheet showed total current assets of $4,250, all of which were required in operations.
dsp73

Answer: $3,025

Explanation:

The Net Working Capital is used to find out if the company is able to use its current assets to cater for it's Current Liabilities and as such is calculated by subtracting Current Assets from Current Liabilities.

= Current Assets - Current Liabilities

Current Liabilities = 975 + 250

= $1,225

The interest bearing funds are not included when Calculating Net Working Cap.

Net Working Capital = 4,250 - 1,225

= $3,025

6 0
3 years ago
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