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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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A written agreement setting forth issues between labor and management is called a?

marishachu [46]

Labor contract.

A labor contract sets for the rights and responsibilities of labor and management for unions and other labor groups.

3 0

3 years ago

At its peak at the end of 1999, Microsoft had a market cap of $600B. PC sales were booming and most PCs ran on Microsoft softwar

Slav-nsk [51]

Answer: C. The decline in the P/E ratio more than offset earnings growth and this pushed the market cap down.

Explanation:

Market Cap = P/E ratio * Earnings

Market cap is dependent on both the P/E ratio and Earnings as shown by the formula and as shown on the graph, the P/E ratio kept on decreasing which means that for the Market Cap to decrease, the downward pull of the P/E ratio must have overshadowed the growth in earnings such that the Market Cap went down instead of up.

For instance, if the earnings were $40 billion and the P/E ratio was 15, Market Cap would be $600 billion.

If earnings increased to $45 billion but P/E ratio decreased to 10, Market Cap would become $450 billion.

6 0

3 years ago

The following Information applies to the questions displayed below.) Bargain Rental Car offers rental cars in an off-airport loc

butalik [34]

Answer:

a. The variable cost per rental return is $4.04.

b. The monthly fixed cost Incurred to wash cars is $1,376.

Explanation:

Note: See the attached excel file for the calculations of Rental Returns (x), Car Wash Costs (y), xy, and x^2.

Since Σ = Total of or summation of, we can therefore obtain the following from the attached excel file:

Σx = 34,854

Σy = 157,317

Σxy = 462,541,971

Σx^2 = 102,623,516

N = Number of months = 12

a. calculation of variable cost per rental return

To calculate the variable cost per rental return, the following formula is used:

Variable cost per rental return = (NΣxy − ΣxΣy) /((NΣx²) − (Σx)²) ……………… (1)

Substituting the relevant values into equation (1), we have:

Variable cost per rental return = ((12 * 462,541,971) - (34,854 * 157,317)) / (((12 * 102,623,516) - 34,854^2)

Variable cost per rental return = 4.03917240317595

Rounding to 2 decimal places as required, we have:

Variable cost per rental return = $4.04

Therefore, the variable cost per rental return is $4.04.

b. Calculation of monthly fixed cost Incurred to wash cars

To calculate the monthly fixed cost Incurred to wash cars, the following formula is used:

Fixed Cost per month = {Σy - (Variable cost per rental return * Σx) / N ....... (2)

Substituting the relevant values into equation (2), we have:

Fixed Cost per month = (157,317 - (4.04 * 34,854)) / 12

Fixed Cost per month = $1,375.57

Rounding to the nearest whole dollar amount as required, we have:

Fixed Cost per month = $1,376

Therefore, the monthly fixed cost Incurred to wash cars is $1,376.

Download xlsx

8 0

3 years ago

Show all your steps and reasoning.

Sindrei [870]

Answer:

The following are the solution to the given question:

Explanation:

In option a:

The Mandovi's absolute benefit in this issue is that so many ratios are produced and transform because less power is spent than Ducennia (50 -100 compounds to 150 -200).

In option b:

$\left\begin{array}{ccc} \text{ O.C}&\text{Per.Ratid}&\text{Per Tauron} \\\text{Mandovia}&\text{0.5\ Tauron}&2 \ Rotid\\\text{Ducennia}&\text{ 0.75\ Tauron}& 1.33 \ Rotid \end{array}\right$

In option c:

$\left \begin{array}{cccc}1& \text Rotids \ ou tput} &\text Taurous \ ou tput}\\ \text{Mandovia }& 10 \ M&5 M\\\text{Ducennia}& 6.7 \ M&5 M \\\text{Total}& 16.7 \ M&10 M\end{array}\right$

There are a total of 1 billion labours are available for the equally divided for 0.5 billion and 0.5 billion for both and the Rotiods is $\frac{0.5}{50} = 0.01 \ \ billion$

and for taurous = $\frac{0.5}{100}-0.005\ \ billion$ .

5 0

3 years ago

Jefferson Cleaning signed an agreement with Willis Company on December 15 to provide cleaning services every Friday. The service

uysha [10]

Answer:

Debit Accounts Receivable, $225; credit Fees Earned, $225

Have a fantastic Day!

5 0

2 years ago