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
dexar [7]
3 years ago
11

Choose the correct statements. 1. Foreign currency is always in the form of notes or coins. nothing 2. The foreign exchange mark

et is made up of thousands of people comma including international tourists and foreign exchange brokers. 3. The foreign exchange market is the market in which the currency of one country is exchanged for the currency another. 4. In a growing economy comma the exchange rate is always rising.
Business
1 answer:
siniylev [52]3 years ago
6 0

Answer:

Option 2 and 3 are correct

Explanation:

Foreign exchange refers to the conversion of one currency in exchange for another currency.

Foreign exchange market refers to a market for buying and selling of foreign currency in exchange of home currency. Such form of market has various participants such as forex dealers, brokers, institutions and individuals.

Foreign exchange market has no geographical location, rather it is spread online through network of banks, forex institutions and brokers.

International tourists require the currency of the nation they tour and thus they exchange their own currency in return for it. The process is foreign exchange.  

You might be interested in
Stagflation exists when prices:
tensa zangetsu [6.8K]

Answer:

The correct answer is (B)

Explanation:

Stagflation is a mixture of fusty monetary development, high unemployment, and high inflation. It's an unnatural circumstance since swelling should happen in a weak economy. In a typical market economy, slow development stops development. Accordingly, customer demand drops enough to prevent costs from rising. Stagflation is dangerous for economic growth and it leads a country towards depression.

5 0
4 years ago
Dixie Bank offers a certificate of deposit with an option to select your own investment period. Jonathan has ​$6,000 for his CD
OlgaM077 [116]

Answer:

The maturity value of certificate of deposit(CD) would be:

A = P (1\ +\ r)^{n}

wherein, A= Amount

              P= Principal

              r= rate of interest compounded annually

              n= no of years to maturity

(a) two year investment plan:

   $6000 (1 + .05) (1 + .05) = $6615

(b) five year investment plan:

= $6000 (1\ +\ .05)^{5} = 6000 (1.2763) = $7657

(c) eight year investment plan:

= $6000 (1\ +\ .05)^{8} = $6000(1.4774) = $8865 approx.

(d) twenty year investment = $6000 (1\ +\ .05)^{20} = $6000 (2.6533) = $15,920 approx

7 0
3 years ago
When making business changes in the short run, management sometimes gets locked in to certain costs arising from previous decisi
Jlenok [28]

Answer: This is the type of cost known as Sunk.

  • sunk cost is a cost that has already been incurred and cannot be recovered. Sunk costs are contrasted with prospective costs, which are future costs that may be avoided if action is taken.

  • A sunk cost refers to money that has already been spent and which cannot be recovered. ... Sunk costs are excluded from future business decisions because the cost will remain the same regardless of the outcome of a decision.

  • The sunk cost effect is manifested in a greater tendency to continue an endeavor once an investment in money, effort, or time has been made. Evidence that the psychological justification for this behavior is predicated on the desire not to appear wasteful is presented.

3 0
3 years ago
The Porch Cushion Company manufactures foam cushions. The number of cushions to be produced in the upcoming three months​ follow
vodomira [7]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Number of foam cushions to be produced in July 13, 000

Number of foam cushions to be produced in August 12, 000

Number of foam cushions to be produced in September 14, 000

Each cushion requires 2 pounds of the foam used as stuffing. The company has a policy that the ending inventory of foam each month must be equal to 25% of the following​ month's expected production needs.

Production for August:

Sales= 12,000*2= 24,000

Ending inventory= (14,000*0.25)*2= 7,000

Beginning inventory= (12,000*0.25)*2= 6,000 (-)

Total= 25,000 pounds

5 0
3 years ago
Understanding your money and how to keep it moving in a positive direction is another way of ____________________________.
Aneli [31]

Understanding your money and how to keep it moving in a positive direction is another way of <u>Generating </u><u>Positive</u><u> </u><u>Cash</u><u> </u><u>Flow</u>.

Positive Cash Flow means an agency has more money stepping into it than out of it. Bad cash goes with the flow indicates an organization has extra cash moving out of it than into it.

We can see, highlighted in blue, that JC Penney acquired an inflow of coins from borrowings of a credit facility together with extra coins from new lengthy-term debt. In different phrases, the employer nevertheless posted a loss for the period but received sufficient coins from borrowing to offset the loss and create Positive Cash Flow.

The stability you owe for your card will now not count the number as a “cash outflow” till the debt is truly paid. After your calculations, if your closing balance adds up to be more than your starting balance, your coins float is nice. If it adds as much as being decrease, your coins float is terrible.

Learn  more about Positive Cash Flow here brainly.com/question/5129874

#SPJ4

4 0
2 years ago
Other questions:
  • ​if an employee feels she is underpaid for the effort she exerts, she will probably:
    10·1 answer
  • ▼ Cash Flow Present Discounted Value Interest Rate is based on the notion that a dollar paid in the future is less valuable than
    14·1 answer
  • Why would technical analysis to forecast future exchange rates be ineffective if all parity conditions prevailed? the only predi
    12·1 answer
  • In Year 1, Costello Company performed work for a customer and billed the customer $10,000. In Year 2, the customer pays Costello
    12·1 answer
  • Unsubsidized Stafford Loans:
    8·1 answer
  • Which three factors make starting a business a highly risky investment?
    13·2 answers
  • The Topangins are a minority group in the Canary Island, with a set of preferences, attitudes, and taboos, distinct from that of
    12·1 answer
  • Windswept, Inc. 2010 Income Statement ($ in millions) Net sales $ 8,700 Less: Cost of goods sold 7,340 Less: Depreciation 405 Ea
    11·1 answer
  • Kevin’s Bacon Company Inc. has earnings of $7 million with 2,500,000 shares outstanding before a public distribution. Eight hund
    11·1 answer
  • Stan has a summer beach cottage that he has owned for many years. The cottage is valued at $ 125 comma 000. This​ year, Stan spe
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!