120. Assume that the bid rate for Australian dollar $.60 [.9650] while the ask rate is $.61 [.9811] at Bank A. Also assume that the bid rate for the Australian dollar is $.62 [.9972] while the ask rate is $.625 [1.0052] at Bank B. What would be your profit if you have $100,000 and you execute locational arbitrage

Answers

Answer 1

Answer:

$1,639.3

Explanation:

Calculation to determine What would be your profit if you have $100,000 and you execute locational arbitrage

Profit=$100,000-($100,000/$.61)*$.62

Profit = $100,000-(A$163,934.4*$.62)

Profit = $100,000-$101,639,3.

Profit =$1,639.3

Therefore What would be your profit if you have $100,000 and you execute locational arbitrage will be $1,639.3


Related Questions

"On April 3, Erin Garnder received her bank statement showing a balance of $2,087.93 Her checkbook showed a balance of $1,493.90. Outstanding check were $224.15, $327.80, $88.10, $122.42, and $202.67. There was an $8.00 service charge, and the deposits in transit amounted to $813.11. There was an electronic payroll deposit of $450.00. The reconciled balance is:"

Answers

Answer:

$1,935.90

Explanation:

We prepare a Bank Reconciliation Statement to determine the  reconciled balance as follows :

Erin Garnder

Bank Reconciliation Statement

Balance as per Bank Statement                                            $2,087.93

Add Outstanding Lodgments                                                      $813.11

Less Unpresented checks

($224.15 + $327.80 + $88.10 + $122.42 +  $202.67)              ($965.14)

Balance as per Cash Book                                                      $1,935.90  

Therefore,

The reconciled balance is: $1,935.90

Ai biết câu trả lời thì giúp mình với

Answers

What? Uhhhhhhhhhhhhhhh

Key Company acquires 60, 10%, 5 year, $1,000 Community bonds on January 1, 2012 for $61,250. This includes a brokerage commission of $1,250. The journal entry to record this investment includes a debit to

Answers

Answer: Debt investment for $61250

Explanation:

Since we are given the information that Key Company acquires 60, 10%, 5 year, $1,000 Community bonds on January 1, 2012 for $61,250, the journal entry to record this investment will be:

Dr Debt investment $61250

Cr Cash $61250

Therefore, the journal entry to record this investment includes a debit to Debt investment for $61250

Social Media Social media can be a far-reaching and impactful tool in the workplace for spreading messages to your audience, building your brand, or even communicating with employees. However, it can also be a source for leaking proprietary information, posting negative comments about a company, and other harmful communication about employees or the company. This activity is important because practices regarding social media in the workplace can be a gray area as social media usage continues to grow. It is increasingly important for managers to know and implement your company's social media rules and to make decisions regarding your employees' social media usage. The goal of this activity is to provide you with techniques for making decisions about social media in the workplace. It is brought to the attention of the Horizon Technologies project manager that one of his employees has told someone outside the company information about a proprietary product, information that was then leaked on social media. How does he handle the situation? How would you? Even though Kelly did not actively post the leaked information on social media, Don and the rest of the management team decided she was still responsible for the social media infringement because she:________

a. didn't complete the social media training
b. argued with her manager.
c. told someone information which led to the social media post.
d. was a habitually bad employee.
e. bad-mouthed the company on social media.

Answers

Answer:

C

Explanation:

because she was the one who told the information

The division of labor is another word for Group of answer choices specialization. taxes. expanding markets. efficiency.g

Answers

Division of lab our is the same thing as Specialization.

Hightown Electronics deposits $75,000 at the end of each 6-month period for the next 3 years, to accumulate enough money to meet debts that mature in 3 years. What is the future value that the company will have on deposit at the end of 3 years if the annual interest rate is 10%?

Answers

Answer:

$510,143.25

Explanation:

Calculation to determine the future value that the company will have on deposit at the end of 3 years

First step is to calculate the Present value (PV) using financial calculator

N = ( 3 years x 2 )=6

I/Y = ( 10% / 2 )=5%

PV = ?

PMT = -$75,000

FV = 0

Hence,

PV = $380676.91

Now let calculate Face value (FV) using financial calculator

N = 6

I/Y = 5%

PV = -$380,676.91

PMT = 0

FV = ?

Hence,

FV = $510,143.25

Therefore the future value that the company will have on deposit at the end of 3 years is $510,143.25

Harper Company lends Hewell Company $14,400 on March 1, accepting a four-month, 6% interest note. Harper Company prepares financial statements on March 31. What adjusting entry should be made before the financial statements can be prepared

Answers

Answer:

Dr Interest Receivable $72

Cr Interest Revenue $72

Explanation:

Based on the information given the appropriate adjusting journal entry that should be made before the financial statements can be prepared will be to Dr Interest Receivable $72 and Cr Interest Revenue $72.

Dr Interest Receivable $72

Cr Interest Revenue $72

($14,400 × 6% × (1 months ÷ 12 months)]

$72

Heinz Company began operations on January 1, 2020, and uses the FIFO method in costing its raw material inventory. Management is contemplating a change to the LIFO method and is interested in determining what effect such a change will have on net income. Accordingly, the following information has been developed:

Final Inventory
2017 2018
FIFO $640,000 $712,000
LIFO $560,000 $636,000
Net Income
(computed under the FIFO method) $980,000 $1,030,000

Based on the above information, a change to the LIFO method in 2020 would result in net income for 2018 of ________.

a. $1,070,000
b. $1,030,000
c. $954,000
d. $950,000

Answers

Answer: $954,000

Explanation:

Thw difference in the final inventory between the FIFO and the LIFO method in 2018 will be:

= $712,000 - $636,000

= $76,000

Then, based on the above information, a change to the LIFO method in 2018 would result in net income for 2018 of:

Net income as per FIFO = $1,030,000

Less: Decrease in income = $76,000

Net income as per LIFO = $954,000

Sunglow estimates that each blocked road results in lost revenue of $4,500 per event unless all three roads are blocked. When all three roads are blocked, the estimated lost revenue is $35,000 for that day. Sunglow estimates that weather will be similar in Year 2. It can retain a snowplow service for $50,000 annually to clear blocked roads. The variable cost of operating the snowplow is $500 per day per blocked road. If Sunglow uses a snowplow service in Year 2, the estimated benefit would be

Answers

Answer:

$127,500

Explanation:

The computation of the estimated benefit is given below;

In the case when the sunglow does not applied the service in the year 2, so the loss in revenue is

= $4500 per day per road × 1 road × 16 days + $4500 per day per road × 2 roads × 10 days + $35000 × 1 day

= $72,000 + $90,000 + $35,000

= $197,000

Now in the case when it applied the service in year 2, so the expenses incurred is  

= $50,000 + $500 per day per blocked road × 1 road × 16 days + $500 per day per blocked road × 2 roads × 10 days + $500 per day per blocked road × 3 roads × 1 day

= $50,000 + $8,000 + $10,000 + $1,500

= $69,500

So, the net benefit is  

= $197,000 - $69,500

= $127,500

cách huy động vốn của công ty bảo hiểm

Answers

How to raise capital from an insurance company?

The shareholders of the Stackhouse Company need to elect seven new directors. There are 850,000 shares outstanding currently trading at $45 per share. You would like to serve on the board of directors; unfortunately no one else will be voting for you. How much will it cost you to be certain that you can be elected if the company uses straight voting

Answers

Answer:

The correct answer is "$19,125,045".

Explanation:

According to the question,

Number of shares,

= 850,000

Per share,

= $45

The shares needed will be:

= [tex](\frac{850,000}{2})+1[/tex]

= [tex]425000+1[/tex]

= [tex]425,001[/tex]

hence,

The total cost will be:

= [tex]425,001\times 45[/tex]

= [tex]19,125,045[/tex] ($)

LMNO Partnership has operated for several years. Currently, the partnership has the following account balances: Assets Liabilities Cash $ 100,000 Notes Payable $50,000 Land 200,000 Equity Larry, Capital $60,000 Marge, Capital 70,000 Nancy, Capital 80,000 Owen, Capital 40,000 Larry, Marge, Nancy, and Owen share equally in profits and losses. LMNO Partnership has decided to dissolve their operation. If LMNO is able to sell the land for $250,000 and uses the proceeds to pay off the Notes Payable, how much will Larry receive in return for his partnership interest

Answers

Answer:

LMNO Partnership

Larry will receive $72,500 in return for his partnership interest.

Explanation:

a) Data and Calculations:

Assets Liabilities

Cash $ 100,000

Land 200,000

Total assets = $300,000

Notes Payable $50,000

Equity:

Larry, Capital $60,000

Marge, Capital 70,000

Nancy, Capital 80,000

Owen, Capital 40,000

Total equity = $250,000

Total equity and liabilities = $300,000

Profit and loss sharing = equally (25% each)

Cash balance after the sale of land and settlement of debt:

Cash balance                                         $100,000

Sale of land                                           $250,000

Settlement of notes payable                   (50,000)

Balance to be distributed to partners $300,000

Statement of capital liquidation:

                                      Larry       Marge      Nancy        Owen        Total

Capital accounts      $60,000   $70,000  $80,000     $40,000   $250,000

Profit from land sale   12,500      12,500     12,500        12,500        50,000

Capital balances      $72,500   $82,500  $92,500    $52,500   $300,000

Cash distribution    ($72,500) ($82,500) ($92,500) ($52,500) ($300,000)

Capital balances                $0             $0             $0             $0               $0

On 6/30, Office Depot purchased 17,000 shares of treasury stock at $9 per share. On 11/1, Office Depot resold half of the treasury shares for $4 per share. On 11/1, what should be recorded as a debit to the Additional Paid-in-capital account?

Answers

Answer:

$42,500

Explanation:

Number of shares sold = 17,000 shares * 1/2 = 8,500  

Cost per share = $9

Selling price per share = $4

Date       General Journal                    Debit         Credit

11/1          Cash                                     $34,000

              (8,500 * $4)

              Additional paid in capital    $42,500

              [8,500*($9 - $4)]

                     Treasury stock                                 $76,500

              (To record sale of treasury stock)

A strategic goal is to get the right balance between exploitation of existing competencies and the exploitation and development of new competencies. Which of the following is not a critical issue in this respect?Select one:a. The breadth and limits of management cognition which influence decision-making.b. The skills and experience of employees and other human capital.c. The internal and external relationships that influence access to information and knowledge.d. The vision, control and power of senior managers.

Answers

Answer:

.d. The vision, control and power of senior managers

Explanation:

Strategic goal can be regarded as long-term, they are big picture as well as objective for a business, unlike short-term tactic which give addresses to current challenge. Strategies goal focus on improving the business in way of operation and develop new goals. It should be noted that strategic goal is to get the right balance between exploitation of existing competencies and the exploitation and development of new competencies.

Critical issue in this respect are;

✓The breadth and limits of management cognition which influence decision-making.

✓The skills and experience of employees and other human capital.

✓The internal and external relationships that influence access to information and knowledge.

what osi layer encrypts data sent from network​

Answers

The sixth OSI layer.
It formats and encrypts data that gets sent across a network.
Can also be called the syntax layer.

The concept of _______________ is used to address the interplay between system performance, availability (reliability, maintainability, and supportability), process efficiency, and system life cycle cost. Reliability Centered Maintenance (RCM) Test, Analyze, Fix, and Test (TAFT) Level of Repair Analysis (LORA) Affordable System Operational Effectiveness (ASOE)

Answers

Answer:

Affordable System Operational Effectiveness( ASOE)

Explanation:

Affordable System Operational Effectiveness gives illustration about the dependency as well as interrelationship that exist between

Availability, Process Efficiency,

Life Cycle Cost/Total Ownership Cost

and Technical Performance,

The availability in this sence means

Reliability as well as Maintainability, and Supportability. Process Efficiency in this sence could mean system operations, logistics support and

maintenance. It Can be regarded as one that reflects the balance achieved that exist between the design as well as the process efficiencies which is utilized in operation as well as the support system,these encompass the product support package as well as the supply chain. It should be noted that the The concept of Affordable System Operational Effectiveness

is used to address the interplay between system performance, availability (reliability, maintainability, and supportability), process efficiency, and system life cycle cost.

Calculate the real dollar rate of return on a 10,000 pound sterling deposit in a London bank in a year when the interest rate on pounds is 6 ​percent, the​ dollar/pound exchange rate moves from ​$1.31 per pound to ​$1.65 per​ pound, and the dollar prices increase by 9 percent. The real rate of return will be nothing percent ​(Enter your response as a percentage rounded to one decimal place.​)

Answers

Answer:

The real rate of return is 23.0%.

Explanation:

This can be calculated as follows:

Gain due to dollar depreciation = (1.65 - 1.31) / 1.31 = 0.260, or 26.0%

Inflation rate = Increase in dollar price = 9%

Real rate of return = (Gain due to dollar depreciation + Interest rate on pounds) - Inflation rate = (26.0% + 6%) - 9% = 23.0%

Therefore, the real rate of return is 23.0%.

which industries operates at the primary stage of production​

Answers

Answer:

raw material extraction

Explanation:

any industry that extract raw material for onward production is considered a primary stage.

According to _____________, as an entity separate and distinct from its owners, the corporation acts under its own name rather than in the name of its stockholders. A) Ability to acquire capital B) Limited liability of stockholders C) Separate legal existence D) Continuous life E) Transferable ownership rights

Answers

Answer:

According to _____________, as an entity separate and distinct from its owners, the corporation acts under its own name rather than in the name of its stockholders.

C) Separate legal existence

Explanation:

This separate legal existence means that before the law, a corporation is a distinct person, just like every other person, with rights and obligations.  It can enter into binding contracts.  It can perform business activities within the ambits of the law.  It has its own name and personality that is not intertwined with those of the owners or stockholders.  It enjoys a continuous lifespan that can only be liquidated under the laws.

Suppose the U.S. foreign assets are 67 percent of the U.S.​ GDP, and the U.S. foreign liabilities are 95 percent of the U.S. GDP. ​ Moreover, suppose that 66 percent of U.S. foreign assets are denominated in foreign​ currencies, while all liabilities to foreigners are denominated in U.S. dollars. How will a 13 percent depreciation of the dollar affect ​foreigners' net foreign claims on the U.S. measured in U.S. dollars​ (as a percent of U.S.​ GDP)

Answers

Answer:

8.58% of US GDP is the answer for the required question.

Explanation:

US Foreign Assets = 67% of US GDP

US Liabilities = 95% of US GDP

66% of US Foreign Assets = Foreign Currencies

All Liabilities to Foreigners = US Dollars.

Depreciation rate = 13%

Solution:

Consider the following formula for this problem:

Change in external wealth in US dollar = (Change in foreign assets in dollars) - (Change in foreign liabilities in US dollars)

Liabilities are already denominated in dollars in our instance, but assets are not. As a result, we'll use the formula above to calculate the dollar value of the foreign assets. However, because the dollar value of net external assets fluctuates, we must also consider the rate of depreciation.

Change in dollar value of foreign currency denominated asset = rate of depreciation x Share of the foreign currency

Share of the foreign Currency = 66%

Rate of Depreciation = 13%

= 0.13 x 0.66 = 0.0858 = 8.58%

Hence,

8.58% of US GDP is the answer for the required question.

Introduction to the future value of money Aa Aa Under the concepts of the time value of money, you can determine the future value of an amount invested today that will earn a given interest rate over a given amount of time. This technique can be used to calculate the future value of (1) a single receipt or payment made or (2) a series of receipts or payments Dakota and Gabriella are sitting together, with their notebooks and textbooks open, at a coffee shop. They've been reviewing the latest lecture from Dr. Phillips's financial management class by asking each other questions. Today's topic addressed the calculation of future values for both simple and compound interest-earning accounts. Complete the missing information in the conversation that follows. Round your final answer to all computations to two decimal places. However, if you compute any interest factors as an intermediate step in your calculations, round them to four decimal places Dakota So, why is it important to be able to calculate the future value of some amount invested? Gabriella First, remember that the amount invested is usually called and the amount earned during the investment period is called calculate a future value so that you can know in advance what a given amount of principal will be worth after earning a specified It is important to be able to for a known Dakota OK, I understand that, and I know the amount of principal invested today can be called the value of the investment, whereas the amount realized after the passage of t period of value. But what causes the present and future values to be different time is called its values? Gabriella Two things cause the present and future values to be different amounts. First, the earned during the investment period causes the future value to be greater than, equal to, or less than the present value. Second, the method used to calculate the interest earned-that is, whether the account pays amount by which the future value differs from the present value interest-determines the

Answers

So what to do hear what’s the answers

The following represents the probability distribution for the daily demand of microcomputers at a local store. Demand Probability 0 .1 1 .2 2 .3 3 .2 4 .2 The expected daily demand is _____. a. 4 b. 2 c. 2.2 d. 1.0

Answers

Answer:

2.2

Explanation:

to get the expected daily demand we have to multiply each daily demand by their probability  distribution and sum up the results

0 * 0.1 = 0

1 * 0.2 = 0.2

2 * 0.3 = 0.6

3 * 0.2 = 0.6

4 * 0.2 = 0.8

0 + 0.2 + 0.6 + 0.6 +0.8 = 2.2

From this calculation above, the expected daily demand has been summed up to 2.2

what is the present value of $7500 per year, at a discounted rate of 7.1%, of the first payment is received 6 years from now and the last payment is received 25 years from now

Answers

Answer:

PV= $50,981.17

Explanation:

First, we need to calculate the future value at the end of the period:

FV= {A*[(1+i)^n-1]}/i

A= annual payment

FV= {7,500*[(1.071^19) - 1]} / 0.071

FV= $283,234.78

Now, the present value:

PV= FV/(1+i)^n

in this case n=25 years

PV= 283,234.78 / (1.071^25)

PV= $50,981.17

Beard Company sells a product for $15 per unit. The variable cost is $10 per unit, and fixed costs are $1,750,000. Determine (a) the break-even point in sales units and (b) the sales units required for the company to achieve a target profit of $400,000.

Answers

Answer:

a. Contribution margin = Selling price - Variable cost per unit

Contribution margin = $15 - $10

Contribution margin = $5 per unit

Break even point in units = Fixed cost / Contribution margin

Break even point in units = $1,750,000 / $5

Break even point in units = 350,000 units

b. Required sale = Fixed cost + Target profit / Contribution margin

Required sale = $1,750,000 + $400,000 / $5

Required sale = $2,150,000 / $5

Required sale = 430,000 units

When recording variances in a standard cost system: Question 22 options: A. Only unfavorable material variances are debited. B. Only unfavorable material variances are credited. C. Both unfavorable material and labor variances are credited. D. All unfavorable variances are debited. E. All unfavorable variances are credited.

Answers

Answer: D. All unfavorable variances are debited.

Explanation:

When recording variances in a standard cost system, all unfavorable variances are debited.

The reason for this is that it should be noted that the unfavorable variances simply means that there's excess production costs, and hence this will bring about reduction in the operating income. Hence, all unfavorable variances are debited.

Therefore, the correct option is D.

Mandy, an Adlerian group leader is helping group members to realize they have choices in their lives about which stimuli they pay attention to and remember. Mandy is employing which techniques?

Answers

Answer:

Push button

Explanation:

Organisms respond to stimuli in order to survive in their given environment. It is the ability to adjust to different environmental factors that are beneficial or detrimental.

For example a worm reflexively crawls towards moisture or a dog salivating when it perceives food.

Push button shows a person that they have choices in their lives about which stimuli they pay attention to and remember.

In a market economy, decisions about which goods are produced are based on:
A. what businesses believe will generate the most profits.
B. what the government decides is important for society.
C. what the local community has made for generations.
D. what health care organizations suggest will be best for citizens.​

Answers

Answer:

a

Explanation:

i choose a because it just sounds accurate towards me. i don't know anything about business

Products whose demand rises when another product’s price increases are called


substitute goods.
complementary goods.
elastic goods.
clearance goods.

Answers

Answer:

They are called Substitute goods.

The products whose demands rise as described relative to another product are called; Substitute goods.

What are substitute goods?

From the knowledge of microeconomics, two goods are considered substitutes if the products could be used for the same purpose by the consumers. In essence, a consumer perceives both goods as somewhat comparable.

In such cases, having more of one good causes the consumer to desire less of the other good.

Read more on substitute goods;

https://brainly.com/question/26480964

3 18.10 International Investment If financial markets are perfectly competitive and the Eurodollar rate is above that offered in the U.S. loan market, you would immediately want to borrow money in the United States and invest it in Eurodollars. True or false

Answers

Answer: False

Explanation:

Based on the information given, the statement that "If financial markets are perfectly competitive and the Eurodollar rate is above that offered in the U.S. loan market, one would borrow money in the United States which will then be invested in Eurodollars is incorrect.

When the financial markets are perfectly competitive, it should be noted that the difference between the Eurodollar rate and the rate in the United States will be as a result of the differences in the government regulations and risk and hence, speculation wont be beneficial. Therefore, the answer is false.

Determine whether each of the following statements is true, false or uncertain, and brieflyjustify your answer (a few sentences). No credit will be given for unsupported answers.1. The optimal tariff for a large open economy is 0.2. Multinational firms are important primarily in labor-intensive industries.3. Horizontal FDI is more likely to occur when trade costs are low but plant-level economiesof scale are high.4. For a small open economy, import tariffs and import quotas have identical effects onprices, welfare, and import levels.5. The median voter theory has been very successful at explaining actual trade policyoutcomes.

Answers

Answer:

1) False

2) Uncertain

3) False

4) False

5) True

Explanation:

1) Optimal tariff for a Large open economy is not zero ( 0 ) and this is because a large open economy has control over interest rates both domestically and in a larger scale, and its engaged in exports and imports trades with other economies of the world. hence its Optimal tariff should be > 0

2) The Importance of Multinational firms primarily in labor-intensive industries is Uncertain because Multinational firms can have a positive effect on labor by providing them with better wages and it can also affect labor negatively by laying off incompetent workers in the long run

3) Horizontal FDI is less likely to occur when the trade costs are low but plant-level economies of scale are high because lower trade costs will lead to a vertical FDI and not horizontal FDI

4) In an open economy the effects of import tariffs and import quotas does not have same effect on prices and import levels .   reduction in import quota reduces import levels while increase in tariffs affects pricing of goods and services

5) True because increase in inequality and a country's endowment been held constant will raise trade barriers in a capital abundant economy and vice versa for less capital abundant economy .

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