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3 years ago

Functions of the jse in details

1 answer:

Nookie1986 [14]3 years ago

4 0

Functions of the JSE include: *serves as a link between investors and entrepreneurs. *serves as an indicator of economic conditions. *Provides a regulated vehicle for trading shares.

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You are a U.S. investor who purchased British securities for 2,340 pounds one year ago when the British pound cost $1.52. No div

Olin [163]

Answer:

Total Return = 10.45%

Explanation:

To calculate the return, we must first determine the appreciation in the value of the securities in terms of the US dollar.

The initial investment in terms of US dollar was of,

Initial Investment in USD = Investment in Pounds * Exchange rate

Initial Investment in USD = 2340 * 1.52

Initial Investment in USD = $3556.8

The current value of the investment in terms of USD is,

Current value of investment in USD = 2440 * 1.61

Current value of investment in USD = $3928.4

The formula to calculate total return is,

Total Return = (Current Value - Initial Value) / Initial Value

So, the total return based on US dollars was:

Total return = (3928.4 - 3556.8) / 3556.8

Total Return = 0.10447 or 10.447% rounded off to 10.45%

6 0

3 years ago

Pam works for a corporation that recently fired three top managers who were caught using the company credit cards to lavishly fu

jeka57 [31]

Answer:

D) visibly punish unethical acts

Explanation:

Ethics is the act of knowing what ia right and doing same. That is a good ethical act.

The ethical culture practised by Pam's company is to visibly punish unethical acts. This entails punishing any unethical act appropriately before others to see it.

This approach is really good because it will make others to sit up bearing in mind that they will get same punishment without hesitation if they err.

Pam's organization firing the three managers caught using the company's resources to fund their personal lifestyle pointed towards applying visible punishment for unethical acts.

7 0

3 years ago

Read 2 more answers

__________ is an arrangement whereby someone with a good idea for a business sells the rights to use the business name and sell

ira [324]

Answer:

Franchise

Explanation:

This is a business arrangement where the owner of a successful business gives the right (through special business and legal arrangement) to another, to run such business in a specified location using his brand name in accordance with agreed terms and conditions. Under this arrangement, technical support and training are always provided by the franchiser.

The franchisor charges the franchisee a fee for the right which in most cases is periodic. The franchise is renewable.

7 0

3 years ago

Which of the following would further an economic goal of efficiency?

max2010maxim [7]

Answer:

The correct answer is (C)

Explanation:

Economics is all about allocating limited resources to attain maximum utility. In that regard, efficiency can be achieved by giving contracts to companies with higher productivity. These companies are all about attaining maximum productivity by investing limited resource. More productivity will increase the utility, and that will improve economic efficiency. So it is critical to give projects and contracts to certain companies which can increase the overall productivity.

7 0

3 years ago

Mars Inc. produces 100,000 boxes of Snickers bars which sell for $4 a box. If variable costs are $3 per box, and it has $150,000

Maru [420]

Answer:

keep producing as variable costs are being met.

Explanation:

A firm should shutdown in the short run if price is less than average variable cost. But since price is greater than the average variable cost, the firm should keep producing in the short run.

I hope my answer helps you

6 0

3 years ago