A free enterprise economy is the idea that a capitalist economy can maintain itself in a freely competitive market due to a the supply and demand relationship. Since this concept claims that the economy can regulate itself, the government has a minimalist role in it.
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
For first one this is the answer
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Pretty sure your answer is
<span>B. Profit margin</span>
Answer:
b. $ 14,000
Explanation:
In the cash section of balance sheet, it includes cash on hand, cash in check accounts and normal deposit with term lower than 3 months.
Thus in this case, the cash should be reported in the statement = Cash in Bank - checking account of $13,500 + Cash on hand of $500 = $14,000
Post-dated checks received totaling $3,500 is a check on which the issuer has stated a date later than the current date, so it is not reported in current position
Certificates of deposit totaling$124,000 is reported in investment (short term or long term subject to the tenor of deposit)
