you have been doing your foreign exchange trading in madrid where the brazilian real price of a u.s. dollar is 2.07 reals. you notice that the brazilian real price of a u.s. dollar in london is 2.17 reals. if you have $1,226 u.s. dollars, how much profit can you make from arbitrage in this situation? be sure to enter two decimal places.
Answers
The profit is -$59.66. This means you would actually make a loss if you attempted this arbitrage transaction due to the cost of currency exchange and transaction fees.
Arbitrage is the process of buying an asset in one market and simultaneously selling it in another market to profit from the price difference. In this situation, you can buy U.S. dollars in Madrid for 2.07 Brazilian reals per dollar and sell them in London for 2.17 Brazilian reals per dollar, making a profit from the difference in price.
To calculate the profit, first, you need to convert your U.S. dollars into Brazilian reals. Since you can buy 2.07 Brazilian reals per dollar in Madrid, you can get 2.07 x $1,226 = 2530.62 Brazilian reals.
Next, you will sell the Brazilian reals in London where the exchange rate is 2.17 Brazilian reals per dollar. Therefore, you will receive $1,166.34 (2530.62 / 2.17) in exchange for your Brazilian reals.
The profit from the arbitrage is the difference between the amount of U.S. dollars you started with and the amount you received after the currency exchange. Therefore, the profit is $1,166.34 - $1,226 = -$59.66.
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Related Questions
I will give the right answer brainliest. Choose the option that best matches the description given.
_____ try to influence legislation and help human services organizations to achieve their goals.
1. Legislative aides
2. Lobbyists
3. Lawyers
Answers
Answer:
2. Lobbyists
Explanation:
A lobbyist is any individual or a group of individuals who communicates directly or indirectly with others to influence or attempt to influence the drafting, debate, vote, approval, or introduction of some legislation. In this context, a lobbyist may be a legislator trying to influence fellow legislators or any person who communicates with a legislator to advocate and promote the desires of human services organizations.
Answer:
Lobbyists
Explanation:
What might be an advantage of using credit
Answers
Jill works at a factory where she is responsible for producing collector dolls. More than likely, Jill's employer uses ________.A. merit plansB. individual incentive plans C. group incentive plansD. bonus plansE. company-wide incentive plans
Answers
It is more likely that Jill's organisation uses B) individual incentive plans to inspire and reward employees.
Individual incentive plans are designed to inspire and reward employees for their character overall performance, productiveness, and output.
This form of incentive plan is frequently used in production settings, in which employees have clear performance metrics and desires, together with producing a certain number of collector dolls consistent with hour or day.
Individual incentive plans can be primarily based on various factors, such as the variety of dolls produced, satisfactory of work, or assembly unique goals. with the aid of the usage of character incentive plans, employers can encourage employees to work tougher and increase productiveness while rewarding folks who meet or exceed overall performance standards.
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Peter and marcia, both age 34, can each pay $650 a year each on life insurance for themselves. about how much is the face value of the largest combination of policies they can buy? for age 34, a 10-year term for male is 1.45 and for female is 1.24. a 20-year term for male is 1.89 and female is 1.46. a. $1,945,000 b. $972,000 c. $789,000 d. $806,000 please select the best answer from the choices provided a b c d
Answers
The face value is $972000. All premiums paid are accustomed cowl the value of insurance protection. The term is also one, five, 10, 20 years, or longer.
With the age of the customer, the insurance premiums additionally rise. The younger. Similarly, the older your age is, the higher the insurance premium. Health Insurance Premium will increase with age because it is believed that with the rising age, possibilities of health issues conjointly rise, which is why consequently, the premium quantity will increase.
Generally, the older someone is, the upper the price of their insurance is. This can be a result of insurance policies area unit designed to pay a benefit once the insured passes away; the additional probably it's that the named insured can die throughout the policy amount, the upper rates are.
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Human services management includes grant writers, executive directors, program directors, and _____.
A. development directors
B. budget writers
C. disaster scene directors
D.support staff
Answers
Answer:
Your answer is A. development directors
Hope this helps!
If the customer owes $12.55 and hands you a $20.00 bill, how much is her change?
A) $8.25
B) $8.45
C) $7.55
D) $7.45
Answers
A(n) _____ identifies how you feel about an activity or subject.
Answers
Answer:
Survey
it questions and identifies how you feel about an activity or subject.
Answer: interest theory
took it on edg.
A career as a counselor would be a good fit for someone who enjoys working with data.
True
False
Answers
Answer:
True
Explanation:
True Counselors use data to help guide you.
Explain how savers would respond if the interest rate on savings accounts increased. Would they increase or decrease their amount of savings? What about borrowers? Would they increase or decrease their amount of borrowing if the interest rate on loans increased? Explain why.
Answers
Answer:
1. Savers increase their savings as interest rate increases
2. Borrowers decrease their borrowing as interest rate on loans increases
Explanation:
1.
Interest rates are a great determinant of what those who save money get on their deposits. When interest rate increases, people tend to save more so as to earn more interest on their deposits. So it encourages savings. Therefore as interest rate increases savers would increase their amount of savings.
2.
For borrowers, more interest rate on loan amount discourages borrowing. More interest rate means that they would have to pay back more money on the loan amount they borrowed. This implies a rise in the cost of borrowing. So the borrower decreases the amount of borrowing if interest rate on loan increases.
What is interest rate?
Interest rate is an amount charged by a lender to a borrower for any form of debt given, generally expressed as a percentage of the principal.
Interest rate to savers
Higher interest rate encourages savings. When interest rate increases, people tend to save more so as to earn more interest on their deposits.
The above means that savers will increase their amount in savings if the interest rate on savings accounts increases.
Interest rate to borrowers
Higher interest rate discourages lenders from borrowing more. More interest rate means that they would have to pay back more money on the loan amount they borrowed.
It therefore means that borrowers will decrease the amounts of borrowing if the interest rate on loans increases.
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Which of the following are traits of successful entrepreneurs?
quits when he or she fails
doesn't make the same mistake twice
is self-assured
relies on everyone else to get the job done
Answers
Answer:
Self assured and doesn't make the same mistake twice
Explanation:
Hope this helps!
1. What are the responsibilities of a section officer?
Answers
Answer:
The responsibilities of a section officer are as below:
Explanation:
Distribution of work among the staff as evenly as possible.
Training, help, and advising the staff.
Management and coordination of work.
Maintenance of order and discipline in the section maintenance of a list of residential addresses of the staff.
Question 2(Multiple Choice Worth 5 points)
(02.06 MC)
In general, what kind of people earn the most money?
O People with skills that are in high demand and high in supply
O People with skills that are in high demand but low in supply
O People with skills that are in low demand and low in supply
People with skills that are in low demand but high in supply
Answers
They earn the most money since skills also follow the law of supply and demand, so consumers are willing to pay more due to low supply
Which is a source of passive income? (1 point)
O working as a consultant
O owning luxury cars
teaching about personal finance
O owning dividend stocks
Answers
Answer:
owning dividend stock is answer
Outsourcing is becoming more and more common but it is a controversial idea in the United States why do you think this is a highly contested idea do you think outsourcing is a good or bad idea
Answers
Outsourcing is a highly contested idea because people would rather have the products they use produced in their country. Outsourcing is a good idea because the production of a product might be cheaper in another country but sometimes that means a loss of quality product.
What is outsourcing?Outsourcing is the business practice of hiring a party outside a company to perform services or create goods that were traditionally performed in-house by the company's employees and staff. Outsourcing is a practice usually undertaken by companies as a cost-cutting measure.
As such, it can affect a wide range of jobs, ranging from customer support to manufacturing to the back office.
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______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answers
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
if the quantity demanded at each price increases by 130 bags of dog food, then the new equilibrium quantity will be
Answers
The new equilibrium quantity will be 365 if the quantity sought at each price increases by 130 bags of dog food.
What changes to the price and quantity in equilibrium * when the demand increases?The equilibrium price will rise due to an increase in demand while remaining constant in all other respects, increasing supply. The equilibrium price will drop with a drop in demand, and supply will increase less than demand.
What are equilibrium quantity and equilibrium price?The only price at which consumer and producer plans can be reconciled is the equilibrium price, which is reached when the quantity demanded by consumers for a good or service and the quantity supplied by producers for a good or service are equal. The equilibrium quantity is the name for this common amount.
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One reason that mark to mark pipettes have helped with biocontainment is:_______.
Answers
Answer:
Mark to mark pipettes allow the precision delivery of the required volume of liquids and minimize the need to forcibly expel all of the liquids from a pipette.
Explanation:
Does this help you???
In a live lesson rn. Am studying this rlly messed up stuff, could someone help me wiv this quickly? If it’s correct, I will give brainliest, I swear.
Answers
add all the money he has, not the 1000 you subtract that. then you'll knoe
Explanation:
equipment with a cost of $20,000 and a book value of $6,000 was sold during the year for cash of $18,000. additional equipment was purchased during the year for cash. what was the amount of cash paid for purchases of equipment during the year
Answers
The amount of cash paid for purchases of equipment during the year is $8,000.
Calculating the problem:Accumulated depreciation on Equipment sold = Cost of equipment sold - Book Value = $20000 - $6000 = $14,000
Depreciation expense in operating activities section = Ending Accumulated Depreciation - (Beginning Accumulated Depreciation - Accumulated depreciation on Equipment sold)
= $184000 - ($190000 - $14000)
= $184000 - $176000
= $8,000
What do you mean by depreciation?The term depreciation refers to an accounting technique used to spread the cost of a tangible or physical asset over its useful life. Depreciation indicates how much of an asset's value has been used. It allows companies to generate income from the assets they own by making payments over a period of time.
Accumulated depreciation is the total amount an asset is depreciated to one point. Each period, the depreciation expense recognized in that period is added to the first accumulated depreciation
Question is incomplete . Missing values are given below:
Equipment beginning of the year = 340,000
equipment end of the year = 420,000
accumulated depreciation beginning of the year =190,000
accumulated depreciation end of the year= 184,000
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How many end credit scenes in dungeons and dragons?
Answers
The number of end credit scene in the game named 'Dungeons and Dragons' is one.
The fantasy tabletop role-playing game Dungeons & Dragons, sometimes known as D&D or DnD, was created by Gary Gygax and David Arneson. Tactical Studies Rules, Inc. released the game for the first time in 1974. (TSR). Since 1997, Wizards of the Coast, currently a division of Hasbro, has been publishing it.
The game's rules were initially based on a version of the 1971 game Chainmail, which was inspired by miniature wargames. The release of D&D is frequently cited as the origin of contemporary role-playing games and the business that supports them. It also had a significant impact on video games, particularly the role-playing video game genre.
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Mikayla asked 10 of her friends how many hours of TV they watch in a week. Three of her friends said 8 hours, two of her friends said 9 hours, two of her friends said 11 hours, one of her friends said 12 hours, and two of her friends said 14 hours. Mikayla wanted to make a dot plot of the data she gathered. In what order would she create the dot plot? Draw a number line from 8 to 14. Show the frequency of each number. Title the dot plot. Show the frequency of each number. Title the dot plot. Draw a number line from 8 to 14. Title the dot plot. Show the frequency of each number. Draw a number line from 8 to 14. Show the frequency of each number. Draw a number line from 8 to 14. Title the dot plot.
Answers
Answer:A
Explanation:
Draw a number line from 8 to 14 . Show the frequency of each number.Title the dot plot.
Answer:
I think the answer is A, like the first person said.
Explanation:
On January 1 of the current year Andy and Barney form a partnership to invest in property. Andy contributes investment land that he acquired two years ago, and that has a fair market value of $100. Barney contributes $100 in cash. Each partner receives a 50% interest in the partnership's capital, profits and losses. For purposes of this Problem 1, assume that Andy’s basis in the land at the time he contributed it to the partnership is $50. Begin this problem by setting up the partnership’s balance sheet showing particular attention to tax and book capital and then show the relevant changes to tax and book capital in each part below. (a) Under the "traditional method" of accounting for § 704(c) gain, how will the partnership allocate its gain or loss for book and tax purposes if the partnership sells the land for:
1. $100
2. $150
3. $ 70
4. $ 30
Answers
Under the "traditional method" of accounting for § 704(c) gain, the partnership will allocate its gain or loss for book and tax purposes based on the predetermined allocation method. In this case, Andy contributed investment land with a fair market value of $100 and a basis of $50. Barney contributed $100 in cash. The partnership's balance sheet would initially look as follows:
Partnership's Balance Sheet:
Assets:
Investment land (Fair Market Value) $100
Cash $100
Liabilities:
None
Capital Accounts:
Andy's Tax Capital $50
Andy's Book Capital $50
Barney's Tax Capital $100
Barney's Book Capital $100
Total Tax Capital $150
Total Book Capital $150
(a) Allocation of gain or loss for book and tax purposes if the partnership sells the land for:
$100:
Since the sale price is equal to the fair market value of the land, there is no gain or loss. The partnership's book and tax capital accounts remain the same.
$150:
In this case, the partnership realizes a gain of $50 ($150 - $100). The allocation of gain for book and tax purposes would be as follows:
Allocation for Book Purposes:
Andy's Book Capital: $25 (50% of $50 gain)
Barney's Book Capital: $25 (50% of $50 gain)
Allocation for Tax Purposes:
Andy's Tax Capital: $0 (No gain)
Barney's Tax Capital: $50 (100% of $50 gain)
$70:
In this case, the partnership would realize a loss of $30 ($70 - $100). The allocation of loss for book and tax purposes would be as follows:
Allocation for Book Purposes:
Andy's Book Capital: -$15 (50% of $30 loss)
Barney's Book Capital: -$15 (50% of $30 loss)
Allocation for Tax Purposes:
Andy's Tax Capital: $0 (No loss)
Barney's Tax Capital: -$30 (100% of $30 loss)
$30:
In this case, the partnership would realize a loss of $70 ($30 - $100). The allocation of loss for book and tax purposes would be as follows:
Allocation for Book Purposes:
Andy's Book Capital: -$35 (50% of $70 loss)
Barney's Book Capital: -$35 (50% of $70 loss)
Allocation for Tax Purposes:
Andy's Tax Capital: $0 (No loss)
Barney's Tax Capital: -$70 (100% of $70 loss)
Please note that these allocations are based on the "traditional method" of accounting for § 704(c) gain, and alternative methods may be used depending on the partnership agreement and applicable tax regulations.
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Benny felt like he was ready for his science test. He had taken sequential notes in class. He and his friends had studied together every day that week, and they had quizzed one another on their flash cards. As he sat down to take the test, he felt confident, but when the exam began, he realized that he was not as prepared as he had thought. When he got his test back the next day, he was disappointed with his grade. What is the most likely reason Benny’s grade on the test was lower than he had hoped? His note-taking skills were poor. He did not review the key concepts. He should have crammed before the test. He did not pick an efficient study environment.
Answers
Answer:
D. He did not pick an efficient study environment.
Explanation:
Took the quiz
Answer:
D
Explanation:
merchant company purchased land for a building site. the costs associated with the property were: purchase price $ 186,000 real estate commissions 16,100 legal fees 1,900 expenses of clearing the land 3,100 what is the total recorded cost of the land?
Answers
The total recorded cost of the land is $ 207,100.
What does the term Land acquisation mean?
The ability of the government to seize private property for public use while compensating the original owners and other parties impacted by the acquisition is known as land acquisition.
The contract price, commissions, options, legal fees, title searches, insurance premiums, and unpaid taxes are all included in the recorded cost of land. Additionally, there are costs associated with conducting surveys and preparing the land for its intended use, such as clearing and grading.
The informations given in the question are-
Purchase price of the land = $ 186,000
Real estate commissions = 16,100
Legal fees = 1,900
Expenses of clearing the land = 3,100
The total recorded cost of the land = $ (186,000 + 16,100 + 1,900 + 3,100)
= $ 207,100
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You have ksh 10 million which to invest in shareslisted in
nairobi securites exchange. If tue minimum amount you can invest in
any shares is sh 1 million, how would you allocate the shs 10
million
Answers
To allocate Ksh 10 million in shares listed on the Nairobi Securities Exchange (NSE), follow these steps:
1. Research: Begin by researching the various companies listed on the NSE and their financial performance, growth prospects, and dividend history. Look for companies with a strong track record and potential for future growth.
2. Diversification: Aim to diversify your investment across different sectors (e.g., banking, manufacturing, and technology) to reduce risk and enhance the potential for returns.
3. Allocation: Since the minimum investment amount is Ksh 1 million, you can invest in up to 10 different shares. Allocate the Ksh 10 million based on the weightage you assign to each share, considering factors like the company's market position, industry prospects, and your risk tolerance.
4. Monitor: Regularly monitor your investments and the companies' performance, and make adjustments as needed to optimize your portfolio.
Remember to invest in shares after thorough research and risk assessment, and consult a financial advisor if needed. Good luck with your investments!
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Your friends' credit scores are 560, 675, 710, 590, and 640. Your credit score is 680. What is the difference between the average credit score of your friends and your credit score?
Answers
Answer:
mine is higher by 45 points
Explanation:
Average score is the total score divided by number of entries
Average credit score = 560 + 675 + 710 + 590 +640 / 5
=3175/5
=635
friends average credit score = 635
My credit score =680.
the difference = 680-635=45 credit points
my credit score is better by 45 points
a taxpayer can deduct multiple gifts to a single customer as long as the total value of all gifts to that customer does not exceed $25. true false
Answers
False. According to IRS regulations, a taxpayer can only deduct up to $25 for business gifts given to an individual customer per year. If the total value of gifts to a single customer exceeds $25, the taxpayer can only deduct up to that limit. Any amount exceeding $25 per customer is not deductible as a business expense.
Under IRS regulations, the deduction limit for business gifts to an individual recipient is $25 per year. This means that if a taxpayer gives multiple gifts to the same customer, the total value of all gifts given to that customer cannot exceed $25 for the purpose of claiming a deduction. If the total value exceeds $25, the taxpayer can only deduct up to $25, and the excess amount cannot be claimed as a business expense. It's crucial for taxpayers to carefully track and document their gift expenses to ensure compliance with the IRS guidelines and properly claim deductions. Failure to adhere to these rules may result in tax penalties or disallowed deductions.
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After an employee was overheard by a client in a public setting, talking about the client's confidential information, the CEO sent out a companywide e-mail reminding all employees of the need for confidentiality. The e-mail was a(n) __________ communication.
Answers
Answer:
boundaryless
Explanation:
After an employee was overheard by a client in a public setting, talking about the client's confidential information, the CEO sent out a companywide e-mail reminding all employees of the need for confidentiality. The e-mail was a(n) formal communication.
The e-mail sent by the CEO to all employees of the company was a form of communication. Formal communication is a type of communication that is structured, planned, and follows specific protocols or procedures. It is used to convey important information, instructions, or messages within an organization. In this case, the CEO used formal communication to remind all employees of the need for confidentiality and the consequences of breaching the client's trust. The CEO's e-mail can also be classified as an official communication, as it came from a higher authority figure within the company.
This type of communication is used to convey important information that affects the entire organization. The CEO's e-mail was meant to remind all employees of their responsibilities regarding confidential information, and to emphasize the importance of maintaining the trust of their clients. Overall, the CEO's e-mail was an effective way to address the issue of confidentiality breach, and to remind all employees of the importance of maintaining confidentiality in their interactions with clients.
It served as a reminder that all employees have a responsibility to protect the confidential information of their clients, and that such breaches can have serious consequences.
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According to the liquidity premium theory, the expected yield on a two-year security will ____ the expected yield from consecutive investments in one-year securities.
Answers
Answer: be greater than
Can people boost their points on their questions?
Answers
Answer:
Yes.
Explanation: