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
kupik [55]
3 years ago
10

A bank purchased a credit default swap from another financial institution to protect itself against the default of one of its bo

rrowers. In this example, the bank is:.
Business
1 answer:
Vedmedyk [2.9K]3 years ago
6 0

Answer: Hedging

Explanation: because the bank is hedging when it purchases a credit default swap that is offering protection against the default of one of its borrowers.

You might be interested in
Whitney wants to become a cosmetologist. What academic requirements will she need to complete in order to find a job?
poizon [28]
She would need some science classes as for high school, but she would also need to go to beauty school and get her cosmologist license, and it also would depend on what she wants to do whether she wants to do hair or makeup or nails etc.
8 0
3 years ago
Read 2 more answers
Jeff Co. sells its giant cheese wheels for $36 per wheel. The contribution margin ratio is 75% and total fixed costs are $270,00
Damm [24]

Answer:

Level of sales in dollars in order to generate a profit of $54,000 Fixed cost + Target profit/Contribution per unit $270,000 + $54,0000/0.75

= $432,000

Number of units to be sold

= Level of sales/Selling price

= $432,000/$36

= 12,000 units

The correct answer is A

Explanation:

In this case, we need to calculate level of sales in dollars, which is fixed cost plus target profit divided by contribution margin ratio. Then, we will calculate no of units to be sold, which is the level of sales divided by selling price.

7 0
3 years ago
Bike St. Pete currently produces 1,000 tires per month. The following per unit data apply for sales to regular customers: Direct
Tpy6a [65]

Answer:

$78,000

Explanation:

Total cost of producing 2,000 tires:

= [(Direct materials + Direct manufacturing labor + Variable manufacturing overhead) × 2,000 units] + Fixed cost

= [($20 + $3 + $6) × 2,000 units] + ($10 × 2,000 units)

= $58,000 + $20,000

= $78,000

Therefore, the total cost of producing 2,000 tires is $78,000.

8 0
3 years ago
As price falls from Pa to Pb, we could use the three demand curves to calculate three different values of the price elasticity o
elena-s [515]

Answer:

c. 03

Explanation:

3 0
3 years ago
What are some examples of fees that can be seen on a bank statement?
pogonyaev

Answer:

Monthly service fee.

Overdraft fee.

Non-sufficient funds (NSF) fee.

ATM fee.

Paper statement fee.

Foreign transaction fee.

Account closure fee.

Explanation:

4 0
3 years ago
Other questions:
  • The management of Petro Garcia Inc. was discussing whether certain equipment should be written off as a charge to current operat
    7·1 answer
  • For each of the following transactions that occur in their lives, identify whether it is included in the calculation of U.S. GDP
    15·1 answer
  • Kevin noticed that Derek, an automotive technician at his repair shop, was getting bored of repeatedly performing the lone task
    8·1 answer
  • Ruth markets rock concerts. She is looking for a company that will handle all of the various mailings needed to promote the purc
    8·1 answer
  • Meeting clients in person instead of talking with them on the phone can help to reduce _____ when you own your own business. A.
    12·1 answer
  • Which of the following statements is true?
    10·1 answer
  • Suppose the economy is initially in​ long-run equilibrium. The Fed enacts a policy to . In the​ short-run, this expansionary mon
    8·1 answer
  • If licensee A representing a party cannot attend a closing and the employing broker B sends another licensee C in his place, whi
    12·1 answer
  • There are hundreds of highly targeted, upstart sites on the Internet along with magazines created by users. Initially, the main
    12·1 answer
  • A bond has a yield to maturity of 9.25 percent, a coupon of 7.25 percent paid semiannually, a $1,000 face value, and a maturity
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!