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
dezoksy [38]
3 years ago
13

Suppose you observe the following exchange rates: €1 = $.85; £1 = $1.60; and €2.00 = £1.00. Starting with $1,000,000, how can yo

u make money? Group of answer choices Start with euros; exchange for pounds; exchange for dollars; exchange for euros. Start with dollars, exchange for euros at €1 = $.85; exchange for pounds at €2.00 = £1.00; exchange for dollars at £1 = $1.60. Exchange $1m for £625,000 at £1 = $1.60. Buy €1,250,000 at €2 = £1.00; trade for $1,062,500 at €1 = $.85. No arbitrage profit is possible.
Business
1 answer:
IrinaVladis [17]3 years ago
5 0

Answer:

i'll answer it after 15 years see you then

Explanation:

You might be interested in
When an employee takes a paid​ vacation, the Vacation Benefits Payable account will be decreased with a credit.
Kazeer [188]

Answer:

(B) False

Explanation:

The Vacation Benefits payable account represents a liability that the employer has with the employee that has already earned its days of paid vacations but has not used them yet. When the employee is going to enjoy paid vacations days, this account (as all liability accounts) is decreased through a debit, and the bank's account is credited.

5 0
4 years ago
1) A global company can be headquartered anywhere, but usually most of its employees come
Svetradugi [14.3K]

Answer:

False

Explanation:

A global company is a country that extends beyond the boundaries of the country of origin to carry out business activities but still maintain a consistent practice with the origin company

However , despite the its presence in other countries , the headquarters remains in the country of origin.

Moreover , it does not need to depend on the employees from the home country but rather from the host country.

8 0
3 years ago
Cook Co. incurred the following costs related to the office building used in operating its sports supply company: Select each of
Leya [2.2K]

Answer:

a.Capital expenditure, replacement component

b.Capital expenditure, replacement component

c.Revenue Expenditure, not applicable

d.Capital expenditure, replacement component

e.Capital expenditure, additional

f.Revenue Expenditure, not applicable

g.Capital expenditure, additional

Explanation:

Capital Expenditure involve the addition or replacement on assets that <u><em>increases flows of economic benefits or Income earning</em></u> capacity.

Revenue Expenditure involve repairs or maintenance of assets in order to <u><em>maintain the ability to earn income or economic benefits</em></u> and not to increase it.

8 0
3 years ago
The constantdashgrowth valuation model is based on the premise that the value of a share of common stock is​ ________. A. determ
Dmitry [639]

Answer:

The correct answer is letter "D": equal to the present value of all expected future dividends.

Explanation:

The Constant-Dash-Growth Valuation or the Gordon Growth Model is used to calculate the intrinsic value of a stock today based on the stock's expected future dividends. It is widely used by investors and analysts to compare the predicted stock value against the actual market price. The difference between them may determine if the stock is overvalued or undervalued by the market.

8 0
3 years ago
What is the meaning of a loan
Allushta [10]

Answer:

a thing that is borrowed, especially a sum of money that is expected to be paid back with interest.

4 0
3 years ago
Read 2 more answers
Other questions:
  • Standlar Company makes and sells wireless speakers. The price of the standard model is $360 and its variable expenses are $210.
    12·1 answer
  • Emma owns a flower shop in tampa. she pays $3,091 per month to lease her building, $2,208 in wages, $1,887 for flowers and other
    14·1 answer
  • Nicole wants to purchase an expensive birthday gift for her mother. She will need to save $200 over the next four months. Write
    15·2 answers
  • Kimberly Payne and Arionna Maples decide to form a partnership by combining the assets of their separate businesses. Payne contr
    5·1 answer
  • New Oaks Winery requires two months to make wine, two years to age it, one month to bottle it, two months to sell it, and one mo
    11·1 answer
  • Employees may be required to sign, as a condition of employment, an agreement that they will not leave the company and go to wor
    9·1 answer
  • When was touching spirit bear first copyrighted?
    11·1 answer
  • Assume you borrow $500 from a payday lender. The terms are that you must pay a fee of $75 in advance (today) and oneyear from no
    15·1 answer
  • A company purchased $60,000 of 5% bonds on May 1 at par value. The bonds pay interest on March 1 and September 1. The amount of
    14·1 answer
  • A company is planning to purchase a machine that will cost $ 28,800 with a six - year life and no salvage value . The company us
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!