We got a $/£ bid-ask quote of $1.2529-$1.2535 three months ago. What is the spread?
- a) 4.8%
- b) 60 basis points
- c) 4.8 basis points
- d) 14.4 basis points
- e) -14.4 basis points
Answers
The bid-ask quote of $1.2529-$1.2535 three months ago is 6 points.
To find the spread of the $/£ bid-ask quote of $1.2529-$1.2535, follow these steps:
1. Identify the bid and ask prices: Bid price = $1.2529, Ask price = $1.2535
2. Calculate the spread: Spread = Ask price - Bid price = $1.2535 - $1.2529 = $0.0006
3. Convert the spread to basis points: Spread in basis points = $0.0006 * 10,000 = 6 basis points
The spread of the $/£ bid-ask quote is 6 basis points, which is not among the given options.
A bid-ask quote, also known as a two-way quote or a quotation, represents the prices at which a financial instrument, such as a stock, currency pair, or commodity, can be bought and sold in a market. The bid price refers to the highest price a buyer is willing to pay for the asset, while the ask price represents the lowest price at which a seller is willing to sell the asset.
The bid-ask quote is typically displayed as two prices side by side, with the bid price appearing on the left and the ask price on the right. For example, if a stock has a bid-ask quote of $50.25 - $50.30, it means that buyers are willing to purchase the stock at a maximum price of $50.25 (the bid price), while sellers are willing to sell the stock at a minimum price of $50.30 (the ask price).
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Related Questions
In general, how would you describe the U.S. Economy to someone else?
Answers
The U.S. is a mixed economy, exhibiting characteristics of both capitalism and socialism. Such a mixed economy embraces economic freedom when it comes to capital use, but it also allows for government intervention for the public good.
What are people with out a college education most likely to do
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A life insurance applicant's answers on the application indicate that they in good health. In fact, the applicant actually has a disease that they are not aware of. The statement on the application is considered: A Fraudulent B A warranty C A concealment D A representation
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Why should you check the spelling by reading a document even if you used Writer's Spell Check feature? A. The Spell Check dictionary is usually out of date. B. Spell Check won't recognize mistakes you've made when you misspell a word in a way that makes another word. C. Spell Check only checks the first half of a document, so you have to check the rest yourself. D. The Spell Check suggestions are always wrong.
Answers
Answer:
B) Spell Check won't recognize mistakes you've made when you misspell a word in a way that makes another word.
Explanation:
individuals in different segments should have ______ within the segment and ______ across the segments.
Answers
Answer:
similarities; differences Is correct answer
Explanation:
individuals in different segments should have similarities within the segment and differences across the segments.
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All of the following would require use of the equity method for investments except:
a. Material intra-entity transactions.
b. Investor participation in the policy-making process of the investee.
c. Valuation at fair value.
d. Technological dependency.
e. Interchange of managerial personnel.
Answers
c. Valuation at fair value. The equity method is a technique of accounting for investments in enterprises over which the investor has considerable influence but not control.
The equity method entails including the investor's portion of the investee's earnings or losses into the investor's own financial statements. Except for "c. Valuation at fair value," the criteria given in the choices are normally features of assets that would necessitate the adoption of the equity method. A alternative accounting approach is "fair value valuation," which includes evaluating investments based on their market worth.The equity method is a technique of accounting for investments in enterprises over which the investor has considerable influence but not control.
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In the following pictograph, how many books has Group 3 read?
18
25
15
12
Answers
Answer:
15 is the answer you are looking
Fabio Corporation is considering eliminating a department that has a contribution margin of $30,000 and $60,000 in fixed costs. Of the fixed costs, $15,000 cannot be avoided. The effect of eliminating this department on Fabio's overall net operating income would be: Group of answer choices a decrease of $15,000. a decrease of $30,000. an increase of $15,000. an increase of $30,000.
Answers
Answer is in a photo. I can only upload it to a file hosting service. link below!
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Which of these describes information that can appear in a consumer’s credit report?
A. The name of a company that gave the consumer a car loan two years ago
B. The amount of money that the consumer loaned to a family member
C. The amount of money the consumer will need to borrow in the next five years
D. The name of a store where the consumer pays cash for all purchases
Answers
Answer:
A. The name of a company that gave the consumer a car loan two years ago
Explanation:
A credit report is the statement that contains the information related to your credit activity & the present credit situation like history of loan payment, the status of your credit accounts. This would help lenders to use these reports whether they will give you loan and if they are agree than what rate of interest they would offer you
So according to the given situation, the option A is correct
Examples of productivity in economics.
Answers
Answer:
The value of output obtained with one unit of input is referred to as economic productivity. For example, if a worker produces two units at a cost of ten dollars each in an hour, his productivity is twenty dollars. :))))
How does specialization affect voluntary exchange between countries?
Answers
Answer:
It increases voluntary exchange by encouraging other countries to be less self-sufficient
Explanation:
the idea that firms will get the most for their money when they pay wages higher than the equilibrium wage is called: responses optimal-wage theory. optimal-wage theory. efficiency-wage theory. efficiency-wage theory. the insider-outsider model. the insider-outsider model. equilibrium-wage theory
Answers
Efficiency-wage theory is that the idea that firms will get the most for their money when they pay wages higher than the equilibrium wage .
Efficiency wages are a level of pay given to employees over the minimum wage in labour economics in order to keep a competent and productive workforce. According to the efficiency wage hypothesis, an employer must offer employees a wage that is comparable with the market in order to keep highly trained individuals and provide them with an incentive to be productive. The "efficiency wage" theory contends that wages, at least in some labour markets, do not develop in a manner consistent with market clearing. According to the efficiency wage principle, it is legitimately "fair pay" to pay your employees more than the market rate for their position. The efficiency wage hypothesis contends that these higher rates promote overall productivity and long-term profitability for the company, which helps to explain why businesses appear to overpay for employees.
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QRS Corporation has a fiscal year-end that ends on September 30. It is required to make quarterly estimated payments. The first estimated payment will be due on the 15th of:
A) November.
B) December.
C) January.
D) February.
Answers
The first estimated payment for QRS Corporation will be due on the 15th of November. Hence Option A is correct.
Since its fiscal year-end is on September 30, the first quarter of its fiscal year ends on December 31. Therefore, the first estimated payment is due two months after the end of the first quarter, which falls on November 15. The remaining estimated payments will be due on February 15, May 15, and August 15. It's important for QRS Corporation to make these payments on time to avoid penalties and interest charges.
Estimated tax payments are calculated based on the corporation's expected income for the year and the tax rate, and they serve as a way to prepay the corporation's tax liability for the year. By making estimated payments, QRS Corporation can manage its cash flow and ensure that it has enough funds to cover its tax obligations.
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Flint Company signed a long-term noncancelable purchase commitment with a major supplier to purchase raw materials in 2018 at a cost of $990,700. At December 31, 2018, the raw materials to be purchased have a market value of $942,000. Prepare any necessary December 31, 2018 entry.
Answers
Answer:
JOURNAL ENTRY :
Unrealized holding loss on purchase commitment - - - - - $48,700 Dr.
Estimated liability on purchase commitment ($990,700 - $942,000) - - - - 48,700 Cr.
Explanation:
Given the following :
Agreed purchase price of raw materials in 2018 = $990,700
Market value of raw material at 31, December 2018 = $942,000
JOURNAL ENTRY :
Unrealized holding loss on purchase commitment - - - - - $48,700 Dr.
Estimated liability on purchase commitment ($990,700 - $942,000) - - - - 48,700 Cr.
The comparative balance sheet of Merrick Equipment Co. for December 31, 20Y9 and 20Y8, is as follows: Dec. 31, 20Y9 Dec. 31, 20Y8 Assets Cash $70,720 $47,940 Accounts receivable (net) 207,230 188,190 Inventories 298,520 289,850 Investments 0 102,000 Land 295,800 0 Equipment 438,600 358,020 Accumulated depreciation—equipment (99,110) (84,320) Total assets $1,211,760 $901,680 Liabilities and Stockholders' Equity Accounts payable $205,700 $194,140 Accrued expenses payable 30,600 26,860 Dividends payable 25,500 20,400 Common stock, $1 par 202,000 102,000 Paid-in capital: Excess of issue price over par—common stock 354,000 204,000 Retained earnings 393,960 354,280 Total liabilities and stockholders' equity $1,211,760 $901,680 Additional data obtained from an examination of the accounts in the ledger for 20Y9 are as follows: Equipment and land were acquired for cash. There were no disposals of equipment during the year. The investments were sold for $91,800 cash. The common stock was issued for cash. There was a $141,680 credit to Retained Earnings for net income. There was a $102,000 debit to Retained Earnings for cash dividends declared. Required: Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Use the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments. Merrick Equipment Co. Statement of Cash Flows For the Year Ended December 31, 20Y9 Cash flows from operating activities: Net income $ Adjustments to reconcile net income to net cash flow from operating activities: Depreciation Loss on sale of investments Changes in current operating assets and liabilities: Increase in accounts receivable Increase in inventories Increase in accounts payable Increase in accrued expenses payable Net cash flow from operating activities $ Cash flows from (used for) investing activities: Cash from sale of investments $ Cash used for purchase of land Cash used for purchase of equipment Net cash flow used for investing activities Cash flows from (used for) financing activities: Cash from sale of common stock $ Cash used for dividends Net cash flow from financing activities Increase in cash $ Cash at the beginning of the year Cash at the end of the year $
Answers
Merrick Equipment Co. Statement of Cash Flows For the Year Ended December 31, 20Y9, increase in cash -$70,780, cash at the beginning of the year $47,940, and cash at the end of the year $70,720.
Cash flows from operating activities:
Net income $141,680
Adjustments to reconcile net income to net cash flow from operating activities:
Depreciation ($99,110 - $84,320) $14,790
Loss on sale of investments ($102,000 - $91,800) $10,200
Changes in current operating assets and liabilities:
Increase in accounts receivable ($207,230 - $188,190) -$19,040
Increase in inventories ($298,520 - $289,850) -$8,670
Increase in accounts payable ($205,700 - $194,140) $11,560
Increase in accrued expenses payable ($30,600 - $26,860) $3,740
Net cash flow from operating activities $154,260
Cash flows from (used for) investing activities:
Cash from sale of investments $91,800
Cash used for purchase of land -$295,800
Cash used for purchase of equipment ($438,600 - $358,020) -$80,580
Net cash flow used for investing activities -$284,580
Cash flows from (used for) financing activities:
Cash from sale of common stock ($202,000 - $102,000) $100,000
Cash used for dividends ($102,000)
Net cash flow from financing activities -$2,000
Increase in cash ($154,260 - $284,580 + $2,000) -$70,780
Cash at the beginning of the year $47,940
Cash at the end of the year ($70,780 + $47,940) $70,720
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true or false: quantity supplied increases as price decreases, and economic profit is usually higher at lower product prices and output.
Answers
The given statement is false. An industry with intense competition and falling costs has an upward-sloping long-term supply curve.
Economic profit is typically larger at lower product prices and output as supply increases as price declines. Productive efficiency describes long-term market circumstances where marginal cost and marginal revenue are equal.
The law of supply is a microeconomic principle that asserts, with all other things being equal, that if the cost of an item or service rises, suppliers will offer more of those goods or services, and vice versa. According to the rule of supply, suppliers will try to maximize their earnings when the price of an item rises by offering more products for sale.
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Sprint Nextel Corp. stock ended the previous year at $35.36 per share. It paid a $2.87 per share dividend last year. It ended last year at $30.89. If you owned 710 shares of Sprint, what was your dollar return and percent return
Answers
Percent return is negative, indicating a loss of 9.1%
To calculate the dollar return, we need to find the change in the value of the shares and add the dividend paid per share.
Change in value of the shares:
$30.89 - $35.36 = -$4.47
Dollar return:
(710 shares x (-$4.47 per share)) + (710 shares x $2.87 per share) = -$3,171.70 + $2,038.70 = -$1,133.00
The dollar return is negative, meaning there was a loss.
To calculate the percent return, we divide the dollar return by the initial investment and express it as a percentage.
Percent return:
($1,133.00 / ($35.36 x 710)) x 100% = -9.1%
The percent return is negative, indicating a loss of 9.1%
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What happens to the equilibrium price and equilibrium quantity when demand and supply increase simultaneously, but the relative size of the shifts are not known?.
Answers
The equilibrium quantity rises, and the change in the equilibrium price is ambiguous when demand and supply increase simultaneously but the relative size of the shifts are not known.
Both the demand decrease and therefore the supply increase cause equilibrium price to decrease, that the total effect on price could be a decrease. As you'll be able to see, a rise in demand causes the equilibrium price to rise.
On the opposite hand, a decrease in demand causes the equilibrium price to fall. a rise in supply causes the equilibrium price to fall, while a decrease in supply causes the equilibrium price to rise.
If the rise in demand is a smaller amount than the decrease in supply, the shift of the demand curve tends to be but that of the provision curve. Due to the extent in demand the equilibrium amount demanded will increase this can thereby increase competition within the market which can lead to an increase in price of the merchandise.
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What does CPM stand for in business?
Answers
CPM can stand for several different things in business depending on the context, the most common meanings are: Cost per thousand, Corporate performance management, Critical path method, Cost per mile.
Cost per thousand (M is the Roman numeral for thousand): CPM is often used in advertising to refer to the cost of showing an ad to 1,000 people or impressions. For example, if an ad has a CPM of $10, that means it costs $10 to show the ad to 1,000 people.
Corporate performance management: CPM is a type of software used by businesses to help manage their financial and operational performance. CPM software typically includes tools for budgeting, forecasting, planning, and reporting.
Critical path method: CPM is a project management technique used to identify the longest sequence of tasks in a project and to determine the minimum amount of time required to complete the project. Cost per mile.
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If Malaysian companies are highly efficient in the production of textiles and U.S. companies are highly efficient in the production of computer software, under a _______ agreement, capital would move to Malaysia and be invested there to produce textiles, while capital from around the world would flow to the United States and be invested in its innovative software companies.
Answers
If Malaysian companies were more efficient in textile production and the U.S. was more efficient in computer software, they should sign a Free trade agreement.
What would a free trade agreement do?A free trade agreement allows for countries to be able to trade without any restrictions.
Implementing a free trade agreement here would allow funds to freely move to Malaysia for textile production, and to the U.S. for software companies.
In conclusion, this is a free trade agreement.
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just say sum and ill give you alot of points⇒⇒⇒⇒
Answers
how does a shop owner add value to their business
Answers
Answer:
A shop owner adds value to their business by conducting all major monetary transactions for his company.
Explanation:
Answer:
Customer engagement.
Community.
Thank you cards.
Membership.
Convenience without a compromise.
Have a cause.
Explanation:
What are the techniques that Halfords has used to enable it to provide a flexible amount of storage capacity and improve its supply lead times by these collaborations?
Answers
Halfords has implemented a number of techniques to provide flexible storage capacity and improve supply lead times through collaborations.
fThese include creating better inventory control systems, investing in infrastructure to accommodate more items, and building closer partnerships with suppliers. Additionally, Halfords has increased its focus on forecasting and demand planning to improve the accuracy of its predictions and ensure the right products are always in stock. Finally, Halfords has improved its supply chain visibility, allowing for greater collaboration and communication between departments to identify and resolve any issues quickly and efficiently.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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A letter to your headmaster telling him the reasons you want to change your course
Answers
Respected ________, I hope you are doing great in health. I am writing this letter to you so that I can ask you the permission of course change. As I am studying (Subject or course name) from last six months or one year and continuously my GPA is Decreasing and the studies are getting difficult as the semesters are passing.
Hope this helps :)
A formal letter is being written to the headmaster telling him the reasons.
What are good reasons for changing course?Financial difficulties, problems with one's mental or emotional health, changes in one's personal situation, and picking the incorrect subject or university are all common causes for altering or leaving a degree.
It is possible to switch to a new course, either at the same institution or one at a different university or college, if you believe the course you are taking isn't quite suitable for you. Transfer procedures vary by university or college, as well as from course to course.
Regardless of the schools, change never stops. Even after the Post UTME and admissions are granted, all universities will continue to permit course changes.
Thus, A formal letter is being written to the headmaster
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A man in San Rafael County was discovered committing workers' compensation fraud. He had been observed working while at the same time receiving disability benefits. Surveillance showed the man working at an automobile auction. The investigator interviewed the owner of the auction and found that the claimant was being paid $200 per week in cash for washing vehicles and performing other shop tasks. Surveillance video showed the man carrying 25-pound bags of pet food, loading boxes, and rummaging through a trash dumpster. Obviously, he was not hurt very badly. 1. Was surveillance the proper method to use in this case? Why? 2. What are some restrictions to be careful about in conducting surveillance?
Answers
Answer:
1. Yes
2. - privacy concerns
- may lack full details.
Explanation:
1. In this scenario the automobile auction house would need to show video evidence of his (San Rafael's) fraud activities to the investigator.
2. Privacy concerns such as how the information gotten from video surveillance is used may pose a challenge.
There's also the reality of a lack of full details. For instance, San Rafael may be deaf a disability that cannot be reflected well on a surveillance video that shows him working.
When employers allow employees to do all or some of their work from home using technology and internet tools to send work electronically from home to office and vise versa, this is called:
Answers
When employers permit employees to complete all or part of their tasks from home by utilizing technology and internet tools for transmitting work electronically between home and office, this is known as telecommuting.
Telecommuting offers numerous benefits for both employers and employees, including increased productivity, reduced overhead costs, improved work-life balance, and decreased stress from commuting.
In a telecommuting arrangement, employees make use of various tools and technologies to communicate with their colleagues and supervisors. These tools may include email, instant messaging, video conferencing, and virtual private networks (VPNs) that allow secure access to company resources from remote locations. Additionally, employees may use cloud-based applications for document sharing and collaboration.
Telecommuting can be an effective solution for businesses looking to expand their talent pool by removing geographical barriers, as well as for employees who prefer a flexible work schedule. This approach can also help companies reduce their carbon footprint by minimizing the need for physical office space and reducing daily commutes.
In summary, telecommuting is a modern work arrangement that leverages technology and internet tools to allow employees to work from home or other remote locations. This setup can provide various advantages for both employers and employees, including increased efficiency, cost savings, and improved quality of life.
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application of nuclear energy
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Answer:
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Applications of nuclear energy
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Background: Nuclear energy can be used for various industrial applications, such as seawater desalination, hydrogen production, district heating or cooling, the extraction of tertiary oil resources and process heat applications such as cogeneration, coal to liquids conversion and assistance in the synthesis of chemical.
Why very few subsistence economies exist today
Answers
Answer:
As previously mentioned,
subsistence markets are
extremely vulnerable to
external influences.
Because of this
vulnerability, these economies are
becoming more scarce around the
world. In the past, for example, large
populations of indigenous peoples lived
throughout North America.
Select the correct answer from each drop-down menu.
Managers use the decision support system to support business and organizational decision making. What are two examples where companies
make use of this system?
Decision support systems help managers use (filtered data, structured data, raw data)
to identify problems and find solutions to business-related problems.
The (financial decision, financial planning, financial management)
system is an example of this system.
Answers
Answer:
1st one: Raw data
2nd one: Financial planning
Explanation:
I saw another question where the OP gave the answer saying that they posted it for people so that they could answer it, and the answer was indeed correct. Thanks BanditCrusher06
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Decision support systems help managers use raw data to identify problems and find solutions to business-related problems. The financial planning system is an example of this system. Thus, option C and B is correct.
What is decision-making?Determining a decision, acquiring data, and weighing alternative approaches are all steps throughout the decision-making method. One can make a decision based on the alternatives that are available to them and choose which one will be the most feasible.
Managers to using raw data which means the unfiltered filter data to detect the problem and discover the solution by using the decision-making process as these data or not being adjusted or being filtered out which would give them the best result
One illustration of this system is financial planning, in which the manager basically allow different finance or different amount to the various department based on their requirements. Therefore, option C and B is the correct option.
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