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3 years ago

The greatest amount of foreign exchange trading takes place in the following three cities:

Business

1 answer:

irina1246 [14]3 years ago

8 0

Answer:

The correct answer is letter "A": New York, London, and Tokyo.

Explanation:

New York City is still considered the world center for foreign exchange (forex) trading only followed by London and Tokyo. The main currencies being traded are the U.S. dollar (USD), Euro (EUR) and the Japanese yen (JPY). Some analysts believe soon the Chinese renminbi (CNY) will take an important place among the previously mentioned three currencies.

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If a company is given credit terms of 2/10, n/30, it should________.

diamong [38]

Answer:

(A) pay within the discount period and recognize a savings.

Explanation:

The given credit terms of 2/10, n/30 means

If the payment is paid within 10 days so 2% discount is given and the total credit period given is 30 days

Suppose we take an example

A buys the merchandise of goods from B for $10,000 on April 1. The payment is doe by A on April 7

So, the net payment is

= $10,000 - $10,000 × 2%

= $10,000 - $200

= $9,800

The $200 shows the discount which A avails and termed as a savings

6 0

3 years ago

Johnson Enterprises uses a computer to handle its sales invoices. Lately, business has been so good that it takes an extra 3 hou

azamat

Answer:

The old computer should be replaced since the differential amount of the replacing it with a new computer is $10,000

Explanation:

Old machine New machine Differential

amount

purchase cost $0 ($15,000) ($15,000)

operating costs year 1 ($24,600) ($19,600) $5,000

operating costs year 2 ($24,600) ($19,600) $5,000

operating costs year 3 ($24,600) ($19,600) $5,000

operating costs year 4 ($24,600) ($19,600) $5,000

operating costs year 5 ($24,600) ($19,600) $5,000

TOTAL ($123,000) ($113,000) $10,000

4 0

3 years ago

Hunt Advertising is collaborating on an initiative with the Odessa Arts Council, a nonprofit organization, by providing public-r

natita [175]

Incomplete question. The options:

a. green marketing

b. effect-related marketing

c. cause-related marketing

d. relationship marketing

Answer:

c. cause-related marketing

Explanation:

Note, a marketing effort that is centered primarily on making an impact or a said cause; usually, it involves a mutually benefiting agreement, in which a corporation would collaborate with a non-profit such that

the corporation benefits (maybe in terms of sales), and
the non-profit benefits in terms of fulfilling a cause.

The idea is that consumers would be drawn if they see that when they pay for a particular service or product, they will be contributing to a good cause.

6 0

2 years ago

Mr. Gupta is also considering giving his employees a raise that would increase total salaries by $35,000.00 per year. What effec

shutvik [7]

I think the taxes would decrease but increase for the company

6 0

3 years ago

Bernice’s has $823,000 in sales. The profit margin is 4.2 percent and the firm has 7,500 shares of stock outstanding. The market

kipiarov [429]

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8 0

3 years ago