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Lesechka [4]
3 years ago
13

(Exchange rate arbitrage​) You own ​$10 comma 000. The dollar spot rate in Tokyo is 215.8906 yen​/$. The yen rate in New York is

given in the following​ table: LOADING.... Are arbitrage profits​ possible? Set up an arbitrage scheme with your capital. What is the gain​ (loss) in​ dollars? Hint​: Compare the​ Tokyo's direct quote with the New​ York's indirect quote. ​"Assuming no transaction​ costs, the rate between Tokyo and New York are out of line.​ Therefore, arbitrage profits are​ possible." Is the above statement true or​ false? True . ​(Select from the​ drop-down menu.) The yen is cheaper in Tokyo . ​(Select from the​ drop-down menu.) The amount of yen you could buy in Tokyo for ​$10 comma 000 is 2135839 yen. ​(Round to the nearest whole​ number.)
Business
1 answer:
allochka39001 [22]3 years ago
3 0

Answer:

Answer for the question:

(Exchange rate arbitrage​) You own ​$10 comma 000. The dollar spot rate in Tokyo is 215.8906 yen​/$. The yen rate in New York is given in the following​ table: LOADING.... Are arbitrage profits​ possible? Set up an arbitrage scheme with your capital. What is the gain​ (loss) in​ dollars? Hint​: Compare the​ Tokyo's direct quote with the New​ York's indirect quote. ​"Assuming no transaction​ costs, the rate between Tokyo and New York are out of line.​ Therefore, arbitrage profits are​ possible." Is the above statement true or​ false? True . ​(Select from the​ drop-down menu.) The yen is cheaper in Tokyo . ​(Select from the​ drop-down menu.) The amount of yen you could buy in Tokyo for ​$10 comma 000 is 2135839 yen. ​(Round to the nearest whole​ number.)

is given in the attachment.

Explanation:

Download pdf
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The financial statements of a company are the primary sources of information that enable us to communicate the financial results
maks197457 [2]

Answer: both internally and externally

                     

Explanation: In simple words, financial statements refers to the group of reports and statements that are prepared by an organisation for communication its financial performance and postilion to its internal and external stakeholders.

It constitutes balance sheet, cash flow statement and income statement etc.

4 0
3 years ago
A company has quick assets of $ 300,000 and current liabilities of $ 150,000 . The company purchased $ 50,000 in inventory on cr
anzhelika [568]

A company has quick assets of $ 300,000 and current liabilities of $ 150,000. The company purchased $ 50,000 in inventory on credit. After the purchase, the quick ratio would be d. 1.75.

Inventory refers to all of the gadgets, items, products, and materials held with the aid of a commercial enterprise for selling within the marketplace to earn a profit. instance: If a newspaper supplier makes use of an automobile to supply newspapers to the customers, handiest the newspaper may be taken into consideration in inventory. The vehicle can be dealt with as an asset.

Inventory is an asset due to the fact a company invests money in it that it then converts into sales while it sells the inventory. stock that doesn't promote as quickly as anticipated may become a liability.

The principle feature of stock is to offer operations with ongoing delivery of materials. To gain this feature correctly, your enterprise has to attempt to discover a sweet spot between an excessive amount and too little, without ever going for walks out of inventory.

quick assets = 300000

quick liablities= 150000

inventory on credit

quick assets = 350000

quick liablities= 200000

quick ratio = 350000/200000

                   = 1.75

Learn more about inventory here brainly.com/question/25947903

#SPJ4

6 0
2 years ago
A company decides to let go of some employees due to a financial crisis. Jane loses her job, while her colleagues with similar p
zheka24 [161]

Answer:

The perception of unfairness

Explanation:

The perception of unfairness

the feeling of unfairness come when one feel unjust and unequal. It is a feeling of inequality or partiality toward one.

In the above situation Jane feel unfairness due to the fact that in-spite of being  at same level with the other colleagues and showing same performance, company decide to suspend her.

3 0
3 years ago
Mountain Foods is developing a new line of fruit-flavored salsas. It hires a firm to give away samples of salsa to customers and
Elza [17]

Answer:

Test marketing

Explanation:

Product development process are the steps involved in taking a concept, creating a product, and making it available to the final consumer.

The test marketing step of the product development process that entails release of limited amount of a product to the consumer to gauge consumer response.

It is a marketing strategy the occurs with or without the consent of the consumer.

In the give scenario Mountain Foods gives away samples of salsa to customers and gather feedback on their perceptions of the product. Three different products will be given away in three specific markets: peach salsa in Georgia, cherry salsa in Michigan, and orange salsa in Florida.

This is test marketing.

3 0
3 years ago
Whether the minimum wage is a binding price floor always depends upon whether the economy is in a recession. a. True b. False
murzikaleks [220]

Answer:

false

Explanation:

A price floor is when the government or an agency of the government sets the minimum price of a product. A price floor is binding if it is set above equilibrium price

A country is in a recession when the GDP for 2 consecutive quarters is negative.

A binding price floor depends if it is above or below equilibrium

6 0
3 years ago
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