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Scorpion4ik [409]
3 years ago
5

Foreign exchange​ ________ earn a profit by a bidminusask spread on currencies they purchase and sell. Foreign exchange​ _______

_, on the other​ hand, earn a profit by bringing together buyers and sellers of foreign currencies and earning a commission on each sale and purchase.
Business
1 answer:
Ronch [10]3 years ago
7 0

Answer:

Dealers ; Brokers

Explanation:

Foreign exchange dealers make money or profit by buying stock at lower price and selling the same at a higher price. They do this by adding a markup on the price of stock bought by them and sell the same to a buyer. The markup serves as profit to dealers.

Foreign exchange brokers act as intermediary between buyers and sellers as traders could execute trades through a brokers only. A broker earns profit in the form of commissions and fees earned on executing each transaction.

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ohaa [14]

Answer:

D. Using customer's past purchase history to send information about related products and services the customer may be interested in

Explanation:

Data mining is the process whereby large pre existing databases are examined with the aim of generating new information. It is the extraction of usable data from a larger set of data. Company usually use this process to turn raw data into useful information that can be applied to their daily activities.

In the case of marketing, data mining helps in extracting useful information from a customer's purchase history in order to identify useful information on goods or services the customer may be interested in or attracted to.

3 0
3 years ago
What does our government do with tax money? How does government affect the business cycle? Income distribution?
Kazeer [188]
Government to invest in technology and education, and to provide goods and services for the benefit of the American people. The government affect the business cycle Use of fiscal policy increased government spending and/or tax cuts is the most common way of boosting aggregate demand, causing an economic expansion.
5 0
3 years ago
Why must the eliminating entries be entered in the consolidation worksheet each time consolidated statements are prepared?
DedPeter [7]

Answer:

The reason to prepare the consolidation worksheet is to maintain the record of what is finally entered in the books to record the transactions in between the holding and subsidiary.

This basically thus, requires the elimination of all the assets and liabilities of the subsidiary, and creation of such assets and liabilities into the balances of the holding(parent) company. In this manner the elimination is necessary to record.

So that there is no error in the form of multiple record of assets and liabilities, or in the form of no record of assets and liabilities of the subsidiary.

8 0
3 years ago
The Nichols Company uses the weighted-average method in its process costing system. The company recorded 29,500 equivalent units
algol [13]

Answer:

A. 23,000 units

Explanation:

The number of units started during November is given by the number of units completed and transferred out during the month (25,000) added to the ending work in process inventory for the month (6,000) and subtracted by the beginning work in process inventory  (8,000):

6,000-8,000+ 25,000 = 23,000

Therefore, the number of units started during November in the department was: A. 23,000 units.

3 0
3 years ago
Read 2 more answers
When Angela wanted to provide financial security for her dependents, she considered purchasing a product that would provide inco
zavuch27 [327]

Answer:

C. Life insurance company

Explanation:

  • Life insurance is an insurance company that deals with a product that provides reinsurance in the event of the untimely death of the insured.
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so correct option is C. Life insurance company

4 0
3 years ago
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