Answer:
$97,000
Explanation:
Data provided in the question:
Receivable amount = 100,000 Canadian dollar
Premium per unit = $0.02
Exercise price of put option = $0.94
Spot rate at maturity = $0.99
Now,
Dollars received from selling Canadian dollars in the spot market
= Receivables amount × Spot rate
= $100,000 × $0.99
= $99,000
Premium paid for options = Receivable amount × Premium per unit
= $100,000 × $0.02
= $2000
Therefore,
The net amount received by the corporation if it acts rationally
= Dollars received from selling Canadian dollars - Premium paid
= $99,000 - $2000
= $97,000
Answer:
+$183,000
$0
+$183,000
Explanation:
Total assets increased by ($298,000 - $115,000) $183,000.
Total liabilities has no change
Total shareholder equity increased by ($298,000 - $115,000) $183,000.
Answer:
Banks create money with a system called credit creation. With the help of credit creation, banks can lend a lot more money than the deposits that it holds. When banks lend this money to agriculture, industries, small businesses, and service providers, they are actually helping the economy grow exponentially.
Explanation:
Answer:
d-
supply curve for grapes to shift to the left, resulting in a higher equilibrium price for grapes and a decrease in the quantity consumed.
Explanation:
supply curve for grapes to shift to the left, resulting in a higher equilibrium price for grapes and a decrease in the quantity consumed. An increase in the price of factors of production leads to a supply contraction. When the supply is contracted, the graph moves towards top to the left. Businesses have limited capital and when the wage rates increase it would lead to higher amount paid to workers and lower amount left to purchase raw materials, to spend on advertising, etc. This whole phenomenon leads to a decrease in supply ,obviously an increase in the price of the good and a decrease in the quantity consumed
