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2 years ago

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Business

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Thepotemich [5.8K]2 years ago

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Answer:

ur mom

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The foreign exchange market is a market for converting the currency of one country into that of another country.

3241004551 [841]

Answer:

a. True

Explanation:

The foreign exchange market is a market for converting the currency of one country into that of another country.

For example, the conversion of dollars of the United States of America can be converted into naira (Nigeria) at the foreign exchange market.

Efficient market school is the market school which argues that forward exchange rates do the best possible job for forecasting future spot exchange rates, so investing in exchange rate forecasting services would be a waste of time because it is impossible to have a consistent alpha generation on a risk adjusted excess returns basis as market prices are only affected by new informations.

The efficient market school also known as the efficient market hypothesis (EMH) is a hypothesis that states that asset (share) prices reflect all information and it is very much impossible to consistently beat the market.

Also, forward exchange rates are exchange rates controlling foreign exchange transactions at a specific future date or time.

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2 years ago

The _____, which can hold a wide variety of merchandise by means of hardware hung from the vertical spine, is the workhorse fixt

ohaa [14]

Answer and Explanation:

gondola.

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2 years ago

What are two advantages of the procurement integrated enterprise environment.

nevsk [136]

Answer:

Increasing visibility on all procurement stages. You can get access to the reports, documents, payments, workflows anytime. Data Security.

Explanation:

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2 years ago

Jones Company collected the following information to prepare its August bank reconciliation: Cash balance per books, August 31,

weqwewe [10]

Answer:

Adjusted cash balance as per books = $11,100

Explanation:

Given Cash balance as per books = $9,400

Add: Deposits in transit that is deducted by us but not added by bank thus added = $9,400 + $1,100 = $10,500

Add: Notes Receivables collected by bank but not added in books = $10,500 + $2,500 = $13,000

Less: Bank Service Charges as not deducted in books = $13,000 - $50 = $12,950

Less: Outstanding Checks as yet not cleared = $12,950 - $1,450 = $11,500

Less: NSF check as not received by bank = $11,500 - $400 = $11,100

Adjusted cash balance as per books = $11,100

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3 years ago

AllSpice Incorporated plans to do business with a company located in the Leone Republic, a common law country. The companies hav

Cerrena [4.2K]

The contract must be very detailed and should include all the contingencies spelled out in it.

<u>Explanation:</u>

Contract is a document that is made between two or more than two parties who have come in to an agreement with each other over a particular thing. The contract might be a business contract that the parties make which should have the proportion of profit and liabilities of the business that is to be shared among the partners.

Since the profit and losses are to be shared between the business partners on the basis of this contract, the contract should have very detailed information in it and all the contingencies should be spelled out in it.

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3 years ago

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