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3 years ago

Foreign currencies are traded:

Business

1 answer:

pychu [463]3 years ago

7 0

Answer: over the counter

Explanation: In simple words, over the counter markets are the platform in which the securities like foreign exchange are traded without any supervision. There is no monitoring authority in such markets as opposed to the structure of stock exchanges.

Foreign currencies are traded in over the current markets as these are highly fluctuating in values and the margins are very low in trading such securities. Therefore, to pay a mediator is not feasible while dealing in foreign currencies.

Hence from the above we can conclude that the correct answer is option B.

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Communities and countries with greater income inequality tend to have higher rates of crime and higher rates of drug use. These

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False Communities and countries with greater income inequality tend to have higher rates of crime and higher rates of drug use. These relationships are examples of positive correlations

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Income is the consumption and saving opportunity gained by an entity over a given time period, which is usually expressed in monetary terms. Income is difficult to define conceptually, and definitions vary across fields.

Income is defined as the amount of money received by a person, group, or company over a specific time period. A salary of $70,000 per year is an example of income.

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11 months ago

How is a change in the quantity demanded illustrated on the demand curve?

mars1129 [50]

Answer:

There is the diagram and some explanations

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2 years ago

Adam, Ben and Erica are liquidating their partnership. Before selling the assets and paying the liabilities, the capital balance

ser-zykov [4K]

Answer:

Adam = $41,000 , Ben = $31,000 , Erica =$20,000

Profit and loss sharing Ratio respectively =1:1:2

Requirement 1

Cash available $72,000

Add: Cash received from sale of $50,000

non-cash assets

$122,000

Less: Cash paid against account $20,000

receivables

Cash to be distributed $102,000

Distribution

Adam= $102,000 * 1/4 = $25,500

Ben = $102,000 * 1/4 = $25,500

Erica = $102,000 * 2/4 = $51,000

Requirement 2

Cash available $72,000

Add: Cash received from sale of $25,000

non-cash assets

$97,000

Less: Cash paid against account $20,000

receivables

Cash to be distributed $77,000

Distribution

Adam= $77,000 * 1/4 = $19,250

Ben = $77,000 * 1/4 = $19,250

Erica = $77,000 * 2/4 = $38,500

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3 years ago

Alby Ltd. is a cement manufacturing plant. Alby calculates the NPV of buying a new cement mixer. He turns down the capital inves

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Answer: C

Explanation:

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