Answer: A. Currency traders who believe that the value of the ruble in the future will be less than its value today.
Explanation:
In the foreign exchange market, currencies are traded at different prices. From the options given in the question, the correct option is option A (Currency traders who believe that the value of the rubleruble in the future will be less than its value today).
When the currency traders believe that the value of the rubel is going to depreciate in the future, they will start selling the rubels and this will lead to a decrease in the demand for it because it will depreciate. Here, the supply will increase but the demand will reduce.
Answer: B. 7%; 2%
Explanation:
0ver the past 100 years, stocks have showed a positive average return of 7% whilst bonds have shown a return of 2%. This makes sense because stocks generally offer higher returns than bonds which are fixed.
Stocks react to a variety of factors including interest rates and market fluctuations which makes them more risky whereas bonds which are fixed income securities are more stable in their returns making them less of a risk.
Stocks therefore offer a higher return to compensate for this risk as opposed to bonds.
Answer:
Cash Balance = $12610
Explanation:
We can calculate the adjusted or true cash balance of Owen by making adjustments in the book balance using the transactions that only appear on the bank statement and are missing from the book balance calculation.
1. The bank service charges are a deduction that bank has made from the bank account of Owen. This, they should be deducted from the book balance.
2. A collection of $1170 made by the bank on Owen's behalf will increase the account balance of Owen. Thus, it should be added to the book balance.
3. The interest earned by Owen is also an addition to the bank balance and should be added in the unadjusted book balance.
The new or true cash balance of Owen will be,
Cash Balance = 11400 - 80 + 1170 + 120
Cash Balance = $12610
Answer:
The answer is 23,500 units
Explanation:
Break-even point is the point at which the business is neither making profit or loss. The point at which total revenue equals total cost.
The formula for breakfast even point is Fixed cost ÷ contribution margin.
Where contribution per margin is selling price minus variable cost.
Contribution margin is now:
$16 - $9
$7 per unit.
Therefore, break-even point is
$164,500 ÷ $7
23,500 units
