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 However, back-to-back loans have mainly been replaced by currency swaps and other comparable instruments.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:
C. The termination of the firm's legal existence.
Explanation:
General partners are individuals, two or more , who come together to own a business and controls daily activities of the business. Each member has unlimited liability and their action can legally bind the activities of the business. They share profit and losses equally.
According to fact pattern 27-3, if the partners agree to dissolve one of their business line- equity lending as in the case above and the company's assets are shared among the partners, it would result in the termination of the firm's legal existence.
Once there is a breach by any of the partners as contained in the partnership agreement and the partner's asset shared, that is dissolution. The partnership business has therefore been terminated legally and cease to exit.
Answer:
i a depreciation of its currency;
Explanation:
A flexible exchange rate is when exchange rate is determined by the forces of demand and supply.
an expansionary monetary policy is a policy where the monetary authorities increase the money supply in the economy.
If exchange rate is flexible and an expansionary monetary policy is carried out, the supply of money would exceed its demand. as a result, the value of money would fall. this is known as depreciation
Answer:
(attached graph)
The increase in the ticket price makes the budget line slope to decrease. There will be less ticket available for Alphonso.
The increase in the bus tickets makes the opportunity cost of the hamburger to decrease as now, consuming an hamburger will make Alphonso renounce to a lesser amount of bus tickets. As the the opportunity cost is the goods or services we don't consume in favor for those we do.
Explanation:
Answer:
Total cost= $930
Explanation:
Giving the following information:
Copy Center pays an average wage of $12 per hour.
Overhead rate= $18 per direct labor hour
Job M-47:
used $330 of direct materials and took 20 direct labor hours of labor to complete.
Total cost= direct material + direct labor + allocated overhead
Total cost= 330 + 20*12 + 20*$18= $930
