Answer:
7.6%
Explanation:
Calculation for What is the annualized forward premium or discount of the euro
Using this formula
Euro annualized forward premium or discount = [(F/S) - 1] x 360 days/90 days
Where,
F represent forward rate $1.07
S represent current spot rate $1.05
Let plug in the formula
Euro annualized forward premium or discount =[($1.07/$1.05) - 1] x 360 days/90 days
Euro annualized forward premium or discount =($1.019-1)×x 360 days/90 days
Euro annualized forward premium or discount =0.019×360 days/90 days
Euro annualized forward premium or discount =0.076×100
Euro annualized forward premium or discount = 7.6 %
Therefore the annualized forward premium or discount of the euro will be 7.6%
i guess the correct answer is conciseness
Khalida is sending an e-mail message to a client. Before sending it, she wants to make sure that she has made her point in the fewest possible words.
Khalida is checking for conciseness.
Answer:
Dr merchandise inventory($34,000+$540) $34,540
Cr accounts payable $34,000
Cr cash $540
Explanation:
The cost of inventory purchased is shown as an increase in merchandise inventory since perpetual system of inventory requires that inventory is updated each time there is a receipt or sale of inventory.
In other words, the cost of inventory purchased is debited to merchandise inventory and credited to accounts payable.
The cost of freight is also added to the cost of inventory while it is credited to cash account.
The actions that Carly displays are considered to be legal as it does not involve of doing things that may be considered for it to be illegal in any way but the way she does these things is highly unethical because she doesn't necessarily need to do this because it could it is not biased and her way of doing things affects her decision that is not in a professional way.
Answer:
arbitration
Explanation:
Arbitration occurs when the price of a security or a commodity varies significantly between different markets. For example, I purchase gold in the United Kingdom at a lower price than in the United States, and I bring it to the United States and make a profit. Arbitration opportunities result from market inefficiencies and a lack of a single price.
