Deposit made in U.S dollars in Switzerland are known as foreign depository receipts.
Given that U.S. dollars are deposited in a bank in Switzerland.
We are required to fill the blank with appropriate option among the following:
a)Foreign depository receipts,
b) Eurocurrency,
c) Eurodollars.
U.S. dollars which are deposited in a bank in Switzerland are known as foreign depostory receipts.
A depositary receipt is basically a negotiable financial instrument issued by a bank to represent a foreign company's publicly traded securities.
Hence U.S. dollars deposited in a bank in Switzerland are called foreign depository receipts.
Learn more about depository receipts at brainly.com/question/13549464
#SPJ4
Answer:
$14,160 F
Explanation:
The computation of the labor efficiency variance is shown below:
As we know that
Labor Efficiency Variance = (Standard Hours - Actual Hours) × Standard Rate
where,
Standard hours is
= 3,400 units × 0.5 hours
= 1,700 hours
And, the actual hours is 520 hours
And, the standard rate is $12
So, the labor efficiency variance is
= (1,700 hours - 520 hours) × $12
= $14,160 favorable
Since standard hours is more than the actual hours so it would lead to favorable variance
Answer:
False.
Explanation:
The concept of "Nash equilibrium" is been by economist and also by "gamers" in game theory. Nash equilibrium is so good for making decisions and the determination of strategies.
In playing this game, the players or participants can use the pure strategy or the mixed strategy. The mixed strategy is the use of different strategies randomly.
"If a player chooses a mixed strategy in a Nash equilibrium, this implies that the payoff from using that mixed strategy is the same as the payoff from using any of the pure strategies in it".
The statement given above is FALSE because the PAYOFF WILL INCREASE IF WE ARE TO PLAY A MIXED STRATEGY.
For instance if we have a head of 1 and -1, and a tail of -1 and 1, the payoff for pure strategy is likely one or minus one but for a mixed strategy it could be zero.
Answer:
Number of year = 10 year
Explanation:
Given:
Principal = $1,500
Rate of interest = 10% = 0.1
Amount = 2 × Principal = 2 × $1,500 = $3,000
Interest = Amount - Principal = $3,000 - $1,500 = $1,500
Find:
Number of year = ?
Computation:
⇒ Interest = Principal × Rate of interest × Number of year
⇒ $1,500 = $1,500 × 0.1 × Number of year
⇒ $1,500 = $150 × Number of year
⇒ Number of year = $1,500 / $150
⇒ Number of year = 10 year
Answer:
The answer is letter E
Explanation:
The variable overhead spending variance, the fixed overhead spending variance, and the variable overhead efficiency variance can be combined to find the controllable variance