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
inna [77]
3 years ago
6

A British firm may need dollars to pay for U.S. imports. It can work with banks in London to exchange pounds for dollars to make

this payment via electronic transfer. This is an example of a(n) _____ market.
Business
1 answer:
Rzqust [24]3 years ago
7 0

Answer:

The correct answer is Spot market.

Explanation:

The spot market or spot market is one in which both the transaction and the settlement of an operation coincide on the same date. Although it is considered cash market when delivery occurs up to a maximum of 2 days later.

In spot markets, transactions are usually settled within a day or two after the date of purchase / sale. This is what is understood as a settlement in D + 1 or D + 2. The transactions are also closed at the current price on the asset in question that exists at the time of the transaction. This is one of the main differences between the cash market and the futures market.

You might be interested in
What are three key pieces of information that you can retrieve from the new car labels?.
andreev551 [17]

The  three key pieces of information that you can retrieve from the new car labels are: exterior and interior color, engine and transmission combination, the model year and trim level of the vehicle.

<h3>What is labels?</h3>

Labels can be defined as a paper attach to a products or an item that contain information which help to describe a  products.

Them three key pieces of information that a person can tend to  retrieve from the new car labels are:

  • Engine and transmission combination
  • Exterior color and interior color
  • Car model year and trim level of the vehicle

Learn more about labels here:brainly.com/question/27992495

#SPJ1

4 0
2 years ago
The company budgeted for production of 2,400 units in June, but actual production was 2,500 units. The company used 19,850 pound
horsena [70]

Answer:

d. $40 F

Explanation:

Calculation to determine what The variable overhead efficiency variance for June is

First step is to calculate the SH

SH = 2,500 units × 0.4 hour per unit

SH= 1,000 hours

Now let calculate the Variable overhead efficiency variance

Using this formula

Variable overhead efficiency variance = (AH - SH) × SR

Let plug in the formula

Variable overhead efficiency variance= (980 hours - 1,000 hours) × $2 per hour= (-20 hours) × $2 per hour

Variable overhead efficiency variance= $40 F

Therefore Variable overhead efficiency variance is $40 F

8 0
3 years ago
You would like to borrow money three years from now to build a new building. In preparation for applying for that loan, you are
zysi [14]

Answer:

Option "D" is the correct answer to the following statement.

Explanation:

The cash coverage ratio helps find the available cash in hand or cash at the bank to pay for the expenditure of a loan. The ratio must be considerably higher to 1: 1, it shows our potential to pay interest. In this situation Option "D" has the highest Cash coverage ratio.

The debt-equity ratio is used to find the firm's credibility.

5 0
3 years ago
Who wants to trade on rocket league
Firlakuza [10]

Answer:

Explanation:

^^my brother has rocket league

3 0
3 years ago
Read 2 more answers
West Company borrowed $10,000 on September 1, Year 1 from the Valley Bank. West agreed to pay interest annually at the rate of 6
Setler [38]

Answer:

The correct answer is $200

Explanation:

The interest expense appearing on the company's income statement in year 1 is for  a period of four months(September to December) year 1.

The interest expense using an annual rate of 6% is computed thus:

interest expense=$10,000*6%*4/12=$200

The correct option is $200 which is not one of the options provided,hence the options need.

In another version of the question,option D was $200 which shows is missing here,

All in all, the correct answer is $200 interest for a period of four months from September to December

8 0
3 years ago
Other questions:
  • What are high-risk loans?
    9·2 answers
  • Match each term below with its correct definition.a.a crasha major decrease in stock prices.b.bear marketa general upward trend
    12·1 answer
  • At the beginning of the year, the balance in Allowance for Doubtful Accounts is a credit of $760. During the year, previously wr
    13·1 answer
  • Kevin thought the laptop was priced too high, but when he found out that it came with a free printer, he decided it was worth th
    13·1 answer
  • Monica is interested in changing careers, and she needs to find a job Web site that lists careers from all industries. What type
    9·2 answers
  • Indiana Co. bega n a construction project in 2018 with a contract price of $150 million to receive when the project completed in
    9·1 answer
  • When reducing project duration, the duration for a project that is optimal is at the point where Select one: a. Direct costs are
    10·1 answer
  • Prine Company purchased equipment on January ​1, 2018​, for $ 25 comma 000. Suppose Prine Company sold the equipment for $ 3 com
    6·1 answer
  • Alternative or non-traditional assessments are become more popular among teachers. One type of alternative assessment is called
    7·1 answer
  • Which of the following describes a person's financial debt or obligation?
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!