This strategic move will positions Zenovia Incorportation to enjoy and benefit from economic arbitrage. Economic arbitrage refers to simultaneous buying and selling of an asset or a product in order to make profit from the price difference. Arbitrage strategy profits by exploiting the price differences of a particular product in different markets.
Interest begins accruing on a __<span> cash advance </span>___ the day of the transaction
.As interest is the
<span>money that is paid regularly at a particular rate for the use of money lent
</span>A __<span>posting date</span>___ is when a payment is credited to an account.
its the date at which money is being transected from bank
so correct option is B
hope it helps
Answer:
Discovery of new oil reservoirs and technological developments on oil extraction.
Explanation:
The world has not run out of oil by two reasons. First, the discovery of new oil reservoirs and, second, the development of new technologies that increased extraction efficiency in a feasible way.
Answer:
<u>Pro forma income statement in contribution format</u>
Sales ( 2,200 units × $ 12.00) 26,400
Less Variable Costs :
Variable manufacturing cost ( 2,200 units × $ 7.20) (15,840)
Contribution 10,560
Less Expenses :
Fixed manufacturing cost (3,600)
Fixed selling and administrative cost (1,200)
Net Income 5,760
Explanation:
A flexed budget shows the Budgeted Costs and Revenues at Actual level of production rather than the Budgeted level of production.
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Answer:
the value of the stock is $21
Explanation:
The computation of the value of the stock is given below:
= Annual dividend per share ÷ required rate of return
= $2.10 ÷ 10%
= $21
Hence, the value of the stock is $21
We simply divided the annual dividend from the required rate of return so that the value of the stock could come
