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3 years ago

Who first discovered America?

Business

2 answers:

cricket20 [7]3 years ago

7 0

Answer:

Answer:Christopher Columbus is credited with discovering the Americas in 1492.

Explanation:

erma4kov [3.2K]3 years ago

6 0

Answer:Christopher Columbus is credited with discovering the Americas in 1492.

Explanation:

Five hundred years before Columbus, a daring band of Vikings led by Leif Eriksson set foot in North America and established a settlement. And long before that, some scholars say, the Americas seem to have been visited by seafaring travelers from China, and possibly by visitors from Africa and even Ice Age Europ

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The financial statement that organizes costs by their behavior instead of by their function is the

stellarik [79]

Answer:

The correct answer is: contribution margin income statement.

Explanation:

The contribution margin income statement organizes costs by behavior and not by function thus it is not used for financial reporting. The variable expenses are deducted from sales to be recorded at a contribution margin. Fixed expenses are subtracted from the net profit obtained at the end of the accounting period.

3 0

4 years ago

In an ___________ stock market it will make no difference whether new stock is obtained via rights or via direct purchase.

Andru [333]

In an efficient stock market, it will make no difference whether a new stock is obtained via rights or via direct purchase.

Stock markets are venues where buyers and sellers meet to exchange equity shares of public corporations. Stock markets are components of a free-market economy because they enable democratized access to investor trading and exchange of capital. As a result, stock traders decided to meet at a London coffeehouse, which they used as a marketplace. Eventually, they took over the coffeehouse and, in 1773, changed its name to the "stock exchange." Thus, the first exchange, the London Stock Exchange, was founded.

Without a stock market, purchasing shares directly from a company or selling directly to new investors would be more complex and expensive.

learn more about Stock markets here

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3 0

2 years ago

Historically auditing standards have been organized into three categories, including: A) Standards of field work. B) Purpose of

zheka24 [161]

Answer:

The correct answer is letter "A": Standards of field work.

Explanation:

The Generally Accepted Auditing Standards or GAAS are the rules auditors follow when analyzing the financial statements of a company. The GAAS has three (3) main categories: general standards, standards of fieldwork, and standards of reporting. The body in charge of reviewing the GASS is the Auditing Standards Board (ASB).

4 0

3 years ago

Sweet Treats common stock is currently priced at $36.72 a share. The company just paid $2.18 per share as its annual dividend. T

Phantasy [73]

Answer:

Cost of equity= 8.0%

Explanation:

Cost of equity can be ascertained using the dividend valuation model. The model states that the price of a stock is the present value of future dividends discounted at the required rate of return.

Cost of equity (Ke) =( Do( 1+g)/P ) + g

g - 2.2%, P - 36.72, D - 2.18

Ke = (2.18 ×(1+0.022)) /38.72 + 0.022 ) × 100

= 0.07954 × 100

= 8.0%

Cost of equity = 8.0%

4 0

3 years ago

XYZ Corporation, located in the United States, has an accounts payable obligation of ¥750 million payable in one year to a bank

Marysya12 [62]

Answer:

forwards: U$D 6,880,733.95 dollars

call option: U$D 6,540,000.00 dollars

Explanation:

obligation within a year: ¥750,000,000

spot rate: ¥116/$1.00

foward rate in a year: ¥109/$1.00

If we hedge the obligation using the forward rate:

750,000,000 /109 = 6,880,733.94495

forwards: U$D 6,880,733.95 dollars

If we use the call option:

750,000,000 x 0.0086 dollars = 6.450.000‬

premium:

750,000,000 x 0.012/ cents =

750,000,000 x 0.00012 dollars= 90,000

Total: 6,540,000

6 0

4 years ago