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
Anastasy [175]
2 years ago
6

If the price of Yoo-hoo is $2 in New York and $1 in St. Petersburg, Russia (after converting the rubles to dollars), you might e

xpect: Group of answer choices
Business
1 answer:
Luba_88 [7]2 years ago
4 0

Answer: A) people to buy Yoo-hoo in St. Petersburg and sell it in New York until the price was the same in each country

Explanation:

As the Yoo-hoo is cheaper in St. Petersberg than in New York, this presents an arbitrage opportunity to buy cheap and sell higher. People will therefore buy from St.Petersberg at the price of $1 and then sell it in New York for $2 thereby making a 100% profit.

Once this happens more and more people will start doing this which would lead to an increase in demand for St. Peterberg Yoo-Hoos. According to the Law of Demand, when demand rises, the price will rise as well so the price in St. Petersberg will keep rising till it gets to the same amount in New York thereby dissuading people from buying to take advantage of the opportunity.

You might be interested in
Most businesses in the united states are concidered what type of entity
Vesna [10]

Answer:

A sole proprietorship

Explanation:

5 0
2 years ago
Suppose you are going to receive $13,800 per year for six years. the appropriate interest rate is 8.7 percent. what is the prese
Dmitry_Shevchenko [17]

13.800 \times 6 \div 8.7\%
6 0
2 years ago
Altamonte Telecommunications has a target capital structure that consists of 55% debt and 45% equity. The company anticipates th
Mazyrski [523]

Answer:

59.09%

Explanation:

Dividend paid:

= Net income - (Weight of equity × Capital budget)

= 1,100,000 - (0.45 × 1,000,000)

= $650,000

Hence,

Dividend payout ratio = Dividend ÷ net income

                                     = $650,000 ÷ 1,100,000

                                     = 59.09%(Approx).(or 0.5909 approx).

Therefore, the dividend payout ratio is 59.09%.

8 0
3 years ago
*HELP QUICK*
ivanzaharov [21]
True, i hope this is right
3 0
2 years ago
Can anyone tell me more about acting as a career path
Reil [10]

Answer:

Sitting at a cinema at age 11, I watched as the movie began to appear on the screen. Up until this point, I had been interested in a variety of professions, from architectural work to the medical field, but I wasn’t too sure. All I knew was that I didn’t want to be an actor. I was raised in a household where acting was viewed as casual, low-earning and a lousy career. And so I believed that.

The movie continued, and at about the 20 minute mark, a woman appeared. I didn’t know who she was, though she looked slightly familiar. A pretty, oval face and perfected wavy, brown hair, I couldn’t help but notice she looked like the ideal woman in a movie. She delivered her lines effortlessly and with such grace - I have to admit, I was pretty awestruck. The woman appeared for the rest of the movie, and there was something about her that strangely inspired me. Her attitude, her looks and her extremely talented acting had got me thinking.

Walking out of the cinema, I glanced at the poster for the movie on the wall. It had small credits on it, paying recognition to the actors involved. Surely enough, I spotted the woman, and above her, it read in white, capital letters, “Scarlett Johansson.” Now that I knew her name, I was completely determined to find more about her career. Going home and searching her up, I realised she had a passion for acting since she was little, and this passion had stemmed into her talent. I was beyond starstruck.

I felt as if I wanted to do what she did. Act in movies, portray a behaviour and become a character.

6 0
2 years ago
Read 2 more answers
Other questions:
  • EcoFabrics has budgeted overhead costs of $945,000. It has allocated overhead on a plantwide basis to its two products (wool and
    8·1 answer
  • La) State clearly 1 consumer need which is met by "Canadian Living" magazine. Be careful to remember that needs are "states of d
    12·1 answer
  • Due to budget restrictions, a business school could afford to hire only one new faculty member for the next academic year. Howev
    10·1 answer
  • NewCorp has net income of $360. The firm pays out 35 percent of the net income to its shareholders as dividends. During the year
    9·1 answer
  • Crane Company purchased a new machine on October 1, 2022, at a cost of $89,920. The company estimated that the machine has a sal
    5·2 answers
  • Last year both a borrower and a lender expected an inflation rate of 3 percent when they signed a long-term loan agreement with
    14·2 answers
  • Singh, a member of Trucking LLC, ceases to be associated in the carrying on of the business of the firm. Despite the dissociatio
    11·1 answer
  • Alex Karev has taken out a ​$ loan with an annual rate of percent compounded monthly to pay off hospital bills from his wife​ Iz
    8·1 answer
  • To determine a product selling price based on the total cost method, management should include: Multiple Choice Total product an
    12·1 answer
  • _____ gives employers the benefit of keeping an experienced worker and gives older people a chance to make a continued contribut
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!