A loan in which a parent deposits money with a host-country bank, which then lends the money to a subsidiary located in the host country is known as a back-to-back loan.
<h3>What is a back-to-back loan?</h3>
A back-to-back loan is a deal in which two parent corporations from separate nations borrow equal sums of money in their home currencies and lend it to the local subsidiary of the other.
While businesses could trade money on the currency markets, back-to-back loans can be more practical and provide the necessary currency. However, back-to-back loans have mainly been replaced by currency swaps and other comparable instruments. Nevertheless, these tools support global trade.
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Answer:
43,411.15
Explanation:
The formula for compound interest is
A = P(1 +I) ^n
From the question,
A = 45,000
P = Unknown
I = 0.036 ÷ 12
n = 1 * 12
Therefore,
45,000 = P(1 +0.036/12) ^1 *12
45,000 = P(1.003)^12
45,000 = 1.0365998P
P = 43,411.15
Answer:
Accrual
Explanation:
The accounting principle of accrual means that you should register something when the fact that origins the right for the future payment/collecting occurs. It does not matter if the payment is done later, the fact that made you to pay was already done, so we apply accrual and say we already owe that money that we pay later.
In this example, Sally used the principle of accrual for the things in June that she later paid in July... but her expenses were origined in June, so they apply to June.
Answer:
The correct answer is competitive inertia.
Explanation:
In physics the principle of inertia is studied, which is explained as "Every body that is not subjected to any force will remain at rest" or also as "The resistance of the bodies to change their state of rest or movement without the intervention of any strength". These concepts fit perfectly into the world of organizations, since these bodies can be seen as a team of people who interact with each other (work team), towards a common vision.
Competitive inertia refers to the tendency of companies to remain at rest or to continue moving in a certain strategic line unless stimulated by some external force.
Answer:
C. $5
Explanation:
Marginal utility is the benefit gained from consuming an additional unit of a product or service.
According to the question, Michael is maximizing utility when Marginal Utility / Price of colas is equal to Marginal Utility / Price of hotdogs. Marginal utility can thus be found by solving the following equation for X (the price of hot dog)
MU/P of Colas = MU/P of hot dogs
300/3 = 500/X
3/300 = X/500
X = (3/300) x 500
X = 0.01 x 500
X = 5
Hence, the price of each hot dog is $5.
