. Which one of the following businesses would be the most difficult to get funding for?

Carla Heinz is a portfolio manager for Deutsche Bank. She is considering two alternative investments of EUR10,000,000. Either sh

astraxan [27]

Answer:

The euro return to investing directly in euros is 180 5% 10% 360   = ×  ÷   , so the euros available in 180 days is EUR10,000,000 × 1.05 = EUR10,500,000. Alternatively, the EUR10,000,000 can be converted into Swiss francs at the spot rate of EUR1.1960/CHF. The Swiss francs purchased would equal EUR10,000,000 / EUR1.1960/CHF = CHF8,361,204. This amount of Swiss francs can be invested to provide a 180 4% 8% 360   = ×  ÷   return over the next 180 days. Hence, interest plus principal on the Swiss francs is CHF8,361,204 × 1.04 = CHF8,695,652. If we sell this amount of Swiss francs forward for euros at the 180-day forward rate of EUR1.2024/CHF, we get a euro

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return of CHF8,695,652 ×EUR1.2024/CHF = EUR10,455,652. This is less than the return from investing directly in euros.If these were the actual market prices, you should expect investors to do covered interest arbitrages. Investors would borrow Swiss francs, which would tend to drive the CHF interest rate up; they would sell the Swiss francs for euros in the spot foreign exchange market, which would tend to lower the spot rate of EUR/CHF; they would deposit euros.

Explanation:

6 0

3 years ago

A _____ is a document that outlines specific information about your proposed business, including product, location, and marketin

zhannawk [14.2K]

Answer:

D

Explanation:

5 0

2 years ago

1. What arguments do Feingold and Heuvel offer in defense of Roosevelt?

DiKsa [7]

1. The arguments that these people put forward was to exonerate the president by saying the situation was beyond his control.

<h3>The argument that Feingold put forward</h3>

He argued that there were many situations that occurred that were beyond the capacity of Roosevelt's administration. These were

The determination to liquidate Jews by Berlin.
The decision to rescue a minority in a foreign land that the US did not owe any responsibility.

<h3>The argument that Heuvel put forward</h3>

Heuvel sternly said that it was ironic to put any blames on Roosevelt because he was not the one that caused the holocaust.

According to him, no one had any backgrounds to fault him for what was being done by Hitler because he was not the cause.

2. What Michael meant was that it was not a common occurrence for the president to be silent on issues that are as pressing as this.

According to him, the president was a person that would speak up fast on serious world issues. He meant it was not in the character of the president to be late in issues of this sort.

3. Wyman called it the worst failure of his presidency because he refused to act for a long time during the extermination.

From what he said, the president only stepped in to save the Jews out of pressure.

Read more on the holocaust here:

brainly.com/question/12962

5 0

2 years ago

Assume the following information for Larkspur Corp. Accounts receivable (beginning balance) $145,000 Allowance for doubtful acco

gregori [183]

Answer: See the required journal entries below.

Explanation: See below steps to record the transactions that occurred during the period and recognize ultimately the bad debt expense.

Step 1: Recognize the transactions during the period

Debit Accounts receivables $944,000

Credit Sales revenue $944,000

<em>(To recognize the sales on account)</em>

Debit Cash $901,000

Credit Accounts receivable $901,000

<em>(To recognize sales collection)</em>

Debit Allowance for doubtful account $6,300

Credit Accounts receivable $6,300

<em>(To recognize the write-off of accounts receivable)</em>

Debit Cash $2,200

Credit Bad debt recovery (income statement/other income) $2,200

<em>(Collection of accounts receivable previously written off)</em>

Step 2: Movement schedules of accounts receivable and allowance for doubtful accounts

Accounts receivable

Balance, beginning of the period $145,000

Addition: Net credit sales 944,000

Less: Collections 901,000

Write-off 6,300

Balance, end of the period $181,700

Allowance for doubtful accounts

Balance, beginning of the period $11,480

Less: Write-off 6,300

Balance, end of the period (unadjusted) $5,180

Step 3: Journals for bad debt expense

Debit Bad debt expense [(9% * $181,700) - $5,180] $11,173

Credit Allowance for doubtful account $11,173

<em>(To record bad debt expense for the period)</em>

8 0

3 years ago

Beth files a suit against Cruise Line, Inc. Cruise responds that it appears from the pleadings that the parties do not dispute t

Savatey [412]

Answer:

The answer is C. A motion for summary judgment

Explanation:

A motion for summary judgment in law is a situation where if party A sues party B and party B believes the case has no facts, it tells the court to rule that party A has no case because of the absence of facts.

Party B files this motion in order that the case may not be brought before a jury or that the jury should rule in its favour. This is of course backed by facts and evidence from party B.

So, in the question above, Cruise Line Inc. believes Beth has ignored the facts of the case and that they (Cruise Line Inc.) can prove it with sworn statements from witnesses, hence the need for filing a motion for summary judgement with the court will arise.

4 0

2 years ago