1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anna11 [10]
3 years ago
12

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 <em>foreign exchange</em> (forex) trading only followed by London and Tokyo. The main currencies being traded are the <em>U.S. dollar (USD), Euro (EUR) </em>and <em>the Japanese yen (JPY)</em>. Some analysts believe soon the <em>Chinese renminbi (CNY)</em> will take an important place among the previously mentioned three currencies.

You might be interested in
You are considering investment that is going to pay $1,500 a month starting 20 years from today for 15 years. If you can earn 8
Margarita [4]

Answer:

  • <u><em>$31,858.57</em></u>

Explanation:

1. First calculate the value of a constant annuity of $1,500 for 15 years at the 8% return.

The formula is:

            PV=C[\dfrac{1}{r}-\dfrac{1}{r(1+r)^t}]

Where:

  • PV is the present value of the annuity
  • C is the constant pay,emt: $1,500
  • r is the rate of return: 8%/12 = 0.08/12 =
  • t is the number of periods: 15 years × 12 moths/year = 180

Substitute and compute:

            PV=\$ 1,500[\dfrac{1}{(0.08/12)}-\dfrac{1}{(0.08/12)(1+0.08/12)^{180}}]

            PV=\$ 156,960.89

<u>2. Discount to the present year.</u>

You calculate the value of the annuity 20 years from now.

Then, you must discount that value at the same 8% rate to have the price today.

           Price=(Value\text{ }in\text{ }20\text{ }years)/(1+r)^t

Here, the value in 20 years is $156,960.89, r = 0.08/12, and t = 240 (20 × 12).

           Price=\$ 156,960.89/(1+0.08/12)^{240}=\$ 31,858.57

5 0
3 years ago
Owen Conner works part-time packaging software for a local distribution company in Indiana. The annual fixed cost is $10,000 for
Brut [27]

Answer:

break even point in units = 2,667

break even point in $ = $33,338

Explanation:

The break even point marks the point where a company is able to cover all its expenses. At this point the company is not losing money, but it is not making a profit either.

break even point in units = total fixed costs / contribution margin

  • total fixed costs = $10,000
  • contribution margin = $12.50 - ($4 + $4.75) = $12.50 - $8.75 = $3.75

break even point in units = $10,000 / $3.75 = 2,666.67 ≈ 2,667 units

break even point in $ = 2,667 units x $12.50 per unit = $33,337.50 ≈ $33,338

7 0
3 years ago
Klivinich is a manufacturer of oral hygiene products. In addition to manufacturing and selling oral hygiene products, Klivinich
olga55 [171]

Answer:

Option C Achieve a competitive advantage

Explanation:

The reason is that anything brings an upperhand over the other competitors is competitive advantage. This might be due to product uniqueness or due to customer after sales services or anything in our product that the customer values more than the feature of other competitors. In this scenario, the advice of the K Company is valued by the customers and thats the reason they prefer its products because they give valuable advice with their products.

7 0
3 years ago
What is a specific set of organizational practices, policies, and programs, plus a philosophy that actively supports efforts to
katovenus [111]

The specific set of organizational practices, policies, and programs, plus a philosophy that actively supports efforts to help employees achieve success at both work and home considered is -work-life effectiveness. This is further explained below.

<h3>What is organizational practices?</h3>

Generally, An organizational practice is the habitual application of knowledge inside an organization for the purpose of carrying out a certain function. This application of knowledge has developed over the course of time as a result of the history, people, interests, and activities of the organization.

In conclusion, The precise combination of corporate practices, policies, and programs, plus a mindset that actively supports efforts to assist individuals to achieve success at both work and home regarded called -work-life effectiveness.

Read more about organizational practices

brainly.com/question/17329622

#SPJ1

4 0
2 years ago
An engaged couple is meeting with a bakery to order their wedding cake. They want a cake that will represent their individual st
IRINA_888 [86]

Answer:

The correct answer is E. micromarketing.

Explanation:

Micromarketing is the personalization of sales actions by deep knowledge of the interests and habits of the individual consumer.

This is how micromarketing is defined, a practice that tends to become general to reach a more specific type of audience. Under this strategy, the target audience is considered as a sum of micro-segments, of unique but large market niches. With more precise promotions and actions. Other criteria could be specific interests, age, sex, common activities or geolocation.

Segmented marketing achieves the best results for companies if costs are under control. With micromarketing, advertising efforts focus on a small, very specific group of consumers who share similar needs.

3 0
3 years ago
Other questions:
  • Firm B's demand for a product is 12 units per month. Its supplier charges an ordering cost of $5 per order and $10 per unit with
    12·1 answer
  • A start-up will not pay any dividends for 3 years. At the end of the third year, it is expected to pay a dividend of $0.30. This
    15·1 answer
  • True or False. April put an advertisement in the newspaper advertising the sale of her computer for $500. Simultaneously, six pe
    14·1 answer
  • During a​ year, a​ firm's gross investment is ​$2 comma 000 and net investment is ​$1 comma 600. What is the​ firm's depreciatio
    13·1 answer
  • The maximum time allowed for the sale of an agricultural property, through the Public Trustee’s office after filing of the notic
    11·1 answer
  • While shopping you discover that your favorite department store has lowered the price on a new MP3 player that you wanted to buy
    14·2 answers
  • Taylor Shoe Company just realized that the local newspaper advertisement was not correct and they immediately contacted the loca
    13·1 answer
  • 10. Veda Inc., a manufacturer of cosmetics, offers two product lines, each catering to a distinct segment. Its most popular bran
    11·1 answer
  • Suppose that the equilibrium exchange rate (Euro/$) is .90 and the The Federal Reserve decides to fix the exchange rate at .70.
    5·1 answer
  • Determine for which type of financial responsibility centers the following managers are most likely responsible.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!