Ask question

Ask question

All categories

2 years ago

13

A trader enters into a short forward contract on 100 million yen. The forward exchange rate is$0.0090 per yen. How much does the

trader gain or lose if the exchange rate at the end of the contract is (a) $0.0084 per yen; (b) $0.0101 per yen

1 answer:

Helen [10]2 years ago

3 0

Answer:idk

Explanation:idk

You might be interested in

What is the ground clearance of the Nissan GT-R?

labwork [276]

Answer:

110 mm

Explanation: The Nissan GT-R has a 110 mm ground clearance.

3 0

2 years ago

How do you spell ''the''

sergeinik [125]

Answer:

T-H-E

Explanation:

4 0

2 years ago

Read 2 more answers

Amy's school records describe her as a monochromat. what can we assume about amy's perceptual abilities

nirvana33 [79]

Estoy bien y tu ????

8 0

3 years ago

The 2016 income statements of Leggett & Platt, Inc. report net sales of $3,749.9 million. The balance sheet reports accounts

sergejj [24]

Answer:

option (A) 49 days

Explanation:

Data provided:

Net sales = $3,749.9 million

Accounts receivable on December 31, 2016 = $486.6 million

Accounts receivable on December 31, 2015 = $520.2 million

Now,

The duration from December 31, 2015 to December 31, 2016 = 365 days

Days sales outstanding = $\frac{\textup{Average accounts receivable}}{\textup{Credit sales}}\times Number of days$

or

Days sales outstanding = $\frac{\frac{\$486.6 + \$520.2}{2}\textup{million}}{\$\textup{3,749.9 million}}\times365$

or

Days sales outstanding = $\frac{\$\textup{503.4 million}}{\$\textup{3,749.9 million}}\times365$

or

Days sales outstanding = 48.99 ≈ 49 days

Hence,

The correct answer is option (A) 49 days

5 0

2 years ago

Executives at Southwestern Construction have noticed that the company's construction team in the Phoenix office is more efficien

zimovet [89]

Answer:

The correct answer is (B)

Explanation:

Information is a significant resource for any organization, and it must be utilized to realize positive changes and further benefit. To engage different team will help the organisation to discuss databases, reports, records, documents, budget summaries, methodology, arrangements and it also helps to understand what other team are doing to get better results and what other things should be done to achieve efficiency

5 0

2 years ago