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
zavuch27 [327]
3 years ago
7

A friend of yours suggests a get-rich-quick scheme: borrow from the nation with the lower nominal interest rate, invest in the n

ation with the higher nominal interest rate, and profit from the interest-rate differential. Which of the following statements explains the flaw in your friend's logic? Nominal exchange rates adjust for the effects of inflation. The scheme would work only if the real interest rates are the same in both nations. The scheme would work only if there is greater inflation in one nation than in the other.
Business
1 answer:
slava [35]3 years ago
3 0

Answer:

Nominal exchange rates adjust for the effects of inflation.

You might be interested in
Patti Company owns 80% of the common stock of Shannon, Inc. In the current year, Patti reports sales of $10,000,000 and cost of
Elden [556K]

Answer:

$10,140,000

Explanation:

To make consolidated statements company needs to consolidate the financial data of its own and its subsidiary.

Revenue can be consolidated of parent and subsidiary as follow:

First

Add revenue of both companies

Total Sales = Patti Company sales + Shannon Inc. sales

Total Sales = $10,000,000 + $200,000 = $10,200,000

Now deduct the sale made to each other because sales mad within the group is not recorded for consolidation purposes and it is not a sale for a group it is an internal group transfer.

Consolidated Sales = Total sales - Internal Sales

Consolidated Sales = $10,200,000 - $60,000 = $10,140,000

8 0
3 years ago
Ayayai Corporation reported net cash provided by operating activities of $345,000, net cash used by investing activities of $145
Furkat [3]

Answer:

the free cash flow is $145,000

Explanation:

The computation of the free cash flow is given below:

The free cash flow is

= cash flow from operating activities - capital expenditures

= $345,000 - $200,000

= $145,000

hence, the free cash flow is $145,000

The same should be considered and relevant

5 0
3 years ago
Managers do not need to motivate employees to want to do their jobs efficiently and effectively.
Zielflug [23.3K]
False because I believe it is
7 0
2 years ago
A buyer and a seller enter a contract for the sale of a three-bedroom residential property. Shortly after the contract is in pla
Komok [63]

Answer:

The best answer to the question: How should the parties proceed, when talking about the buying of a house in which the buyer has already entered a contract with the seller of the property, before having an inspection performed on it, to find out that there are some issues with the property itself, would be, C: The fixes do not become part of the sales agreement.

Explanation:

To begin with, the buyer should have had the inspection done before entering an agreement, and much more signing the contract. Now that the contract is in place, and since the buyer did not have the inspection done beforehand, the terms that would have made the seller responsible for making fixes on the damaged property are not part of the contract. The buyer signed the contract without these adendums and therefore, it is no longer the seller´s responsibility, as part of the original contract, to take care of them. The buyer must abide by the original contract because he did not insist on having any such provisions placed on it that would have made the seller responsible for the fixes.

3 0
3 years ago
________ are nonprofit independent groups that receive and distribute funds to influence the nomination, election, and defeat of
Eddi Din [679]
Organization i think so
4 0
3 years ago
Other questions:
  • The cheap foreign labor argument for protectionism refers to ________.
    6·2 answers
  • Marigold Company owns equipment that cost $936,000 and has accumulated depreciation of $395,200. The expected future net cash fl
    11·1 answer
  • Drew's company. Ace High sells customized sets of poker chips. he is developing a plan for next year on a quarterly basis. the e
    11·1 answer
  • Which is a way that companies attempt to get consumers to buy their products instead of their competitor's products? 1. market r
    9·1 answer
  • You are the project manager of the BHY Project. Your project customer has demanded that the project becompleted by December 1. D
    13·1 answer
  • The inventory data for an item for November are: Nov. 1 Inventory 20 units at $19 4 Sold 10 units 10 Purchased 30 units at $20 1
    6·2 answers
  • Sandoval needs to determine its year-end inventory. The warehouse contains 33,000 units, of which 4,300 were damaged by flood an
    13·1 answer
  • Someone want to beat me up for free
    11·1 answer
  • How will forgoing traditional advertising in favor of a social media campaign using various social media technologies help Slice
    10·1 answer
  • 15) keeping a product generic as long as possible before customizing is known as:__________
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!