At the start of 1996, the annual interest rate was 6 percent in the United States and 2.8 percent in Japan. The exchange rate was 95 yen per dollar at the time. Mr. Jorus, who is the manager of a Bermuda-based hedge fund, thought that the substantial interest advantage associated with investing in the United States relative to investing in Japan was not likely to be offset by the decline of the dollar against the yen. He thus concluded that it might be a good idea to borrow in Japan and invest in the United States. At the start of 1996, in fact, he borrowed ¥1,000 million for one year and invested in the United States. At the end of 1996, the exchange rate became 105 yen per dollar. How much profit did Mr. Jorus make in dollar terms?
Answers
The annual interest rate in Japan was 2.8 percent and 6 percent in the United States at the start of 1996. The exchange rate was 95 yen per dollar at the time.Mr. Joris is a manager of a Bermuda-based hedge fund, and he believes that investing in the US is an excellent idea due to the significant interest advantage relative to Japan.
As a result, he borrowed ¥1,000 million and invested the amount in the United States. After one year, the exchange rate was 105 yen per dollar. Mr. Joris earned 2.8% interest on his borrowed ¥1,000 million for one year in Japan. His income from this investment was:¥1,000 million × 0.028 = ¥28 millionIn dollar terms, Mr. Jorus made $266,666.67 (¥28 million ÷ 105).Jorus invested the borrowed amount in the United States. His earnings on this investment in the US were:6% × $1,000 million = $60 Milionis total, he made a profit of:$60 million - $266,666.67 = $12.8 million
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Related Questions
the movement of cattle in large herds to a stockyard or market
Answers
Answer:
Its called a drive
Explanation:
A massive amount of ammonia gas has been accidentally released near your office. You have a room without windows and relatively tightly sealed doors. Should you shelter in place?
Select the best option.
Yes
No
Answers
The statement A massive amount of ammonia gas has been accidentally released near your office. You have a room without windows and relatively tightly sealed doors is true as you should shelter in place if a massive amount of ammonia gas has been accidentally released near your office and you have a room without windows and relatively tightly sealed doors.
Sheltering in place means staying indoors and creating a barrier between yourself and the outside environment to reduce exposure to hazardous material. A room with a tightly sealed door can provide a good barrier against the outside air and help to prevent the entry of hazardous gases.
It is important to follow any instructions given by emergency responders and to stay informed about the situation until it is safe to leave.
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What are 2 reasons someone might want to open a secured credit card?
Answers
Answer:
hgguuyhh
Explanation:
what is 4 1/2 + 5 1/2 ?
Answers
Answer:
10
Explanation:
Brainiest? Hope this helps
A traditional, physical bank with online options is a type of online bank.
Please select the best answer from the choices provided
ОТ
OF
Answers
Answer:
True
Explanation:
Online banking is banking done via the internet. A customer does not need to be physically present at the bank's buildings. If their banks facilitate transactions through the internet, then it's an online bank.
Many traditional banks have incorporated online banking in their normal operations. However, online-only banks have emerged with no walk-in facilities as with traditional banks.
can someone tell me what car u like bc i need inspo, like a V6 or something
Answers
Answer:
My personal favs are the Ford GT 2017, the Lamborghini Veneno, the Aston Martin Vulcan, and the Koenigsegg Jesko.
The following are affected by the business structure you choose when you start your
business.
O a.
day-to-day operations, personal liability, and business name.
O b.
day-to-day operations, business location, and taxes.
О с.
profitability, personal liability, and taxes
O d.
day-to-day operations, personal liability, and taxes.
1
Answers
When you start business, the business structure you choose can affect your day-to-day operations, personal liability, and taxes.
What is a liability?Liability refers to the legal responsibility for one's actions or debts. It is an obligation to pay or perform something to another party. Liability can arise from various sources, such as contractual agreements, statutory laws, or common law. For instance, when a person borrows money from a bank, they have a liability to repay the loan amount to the bank within a certain period, according to the terms and conditions of the loan agreement. Liability can also arise from a person's actions or omissions that result in harm or damage to others. In such cases, the person may be held liable for the damages caused and may have to compensate the affected parties for their losses.
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Which of these are considerations that go into pricing a company's product? (Select all that apply.)
Price of getting the product to the market
How much tax the consumer pays as an end user
Price of labor to make the product
Price of raw materials
Answers
Answer:
All EXCEPT How much tax the consumer pays as an end user
Explanation:
All the options except how much tax the consumer pays as an end user are considerations that go into pricing a company's product.
What is pricing?Pricing is the process by which a company determines the price at which it will sell its products and services. It may be part of the company's marketing strategy. When determining prices, the company will consider the cost of acquiring the goods, the manufacturing cost, the marketplace, competition, market condition, brand, and product quality.
Pricing is an important aspect of product management and one of the four Ps of the marketing mix, along with product, promotion, and place. Among the four Ps, price is the only one that generates revenue.
Therefore, price of getting the product to the market, price of labor to make the product, price of raw materials are the considerations that go into pricing a company's product.
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Indicate which situations would require Zenda Company to record revenue in the current period.
Answers
Answer:
c & d
Explanation:
Option includes "a. Zenda is paid in advance for services to be performed in the next period. b. Zenda signs a contract with a customer to perform services in a future period. c. Zenda performs services for cash. d. Zenda performs services on account."
Only Zenda Company performance of services for cash and on account will be recognized and will be recorded as revenue in the current period.
The difference between an extensive-form game and a simultaneous-move game is that . simultaneous-move games have zero-sum payoffs, but extensive-form games do not in simultaneous-more games players have only two actions to choose from, but in extensive-form games the players can have more than two choices simultaneous-move games have two players, but extensive-form games can have more than two players in extensive-form games the player can observe the other player's action before deciding, but in simultaneous-move they can't
Answers
A simultaneous move game is different from an extensive form game in that moves are made simultaneously in the former and sequentially in the latter.
An explanation of simultaneous move gamessimultaneous move game when players make decisions in a game without knowing what the other players will do, it is referred to as simultaneous-move. Even while it's possible, it doesn't mean that all of the players are definitely acting at the same moment. Rock-paper-scissors is a straightforward example where everyone makes their decision at the same time. Players may move without being aware of the decisions made by other players, therefore moving at precisely the same moment is not always taken literally.
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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
a firm that can pay its suppliers (accounts payables) on time without impeding its ability to take advantage of economically feasible investment opportunities is best characterized as:
Answers
A firm that can pay its suppliers (accounts payables) on time without impeding its ability to take advantage of economically feasible investment opportunities is best characterized as financially healthy or well-managed.
Being able to meet its financial obligations to suppliers indicates that the firm has sufficient liquidity and cash flow management to handle its short-term liabilities. It demonstrates financial stability and responsibility in managing its working capital.
At the same time, the firm's ability to pursue economically feasible investment opportunities without jeopardizing its payment obligations suggests that it has access to capital or internal resources to finance its growth and expansion. This ability to balance short-term obligations with long-term investment decisions reflects prudent financial management and a strategic approach to capital allocation.
Overall, a firm that can meet its accounts payable obligations while still capitalizing on profitable investment opportunities showcases a healthy financial position and effective management practices. It signifies the ability to maintain supplier relationships, seize growth prospects, and sustain long-term business success.
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Select the correct answer.
Which legislation is the most recent piece of consumer protection legislation?
Consumer Bill of Rights
Fair Credit Reporting Act
Dodd-Frank Wall Street Reform and Consumer Protection Act
Credit CARD Act
Answers
Answer:
Consumer Bill of Rights
Explanation:
PLEASE HELP!!!!!!!!!!!!!!
Type the correct answer in the box. Spell all words correctly.
Alisha appears to be overconfident which makes her unapproachable to her employees. Which negative quality is she displaying?
Alisha is displaying the negative quality of___.
Answers
As Alisha appears to be overconfident which makes her unapproachable to her employees, the negative quality that she is displaying is known as arrogance.
What is an arrogance?It refers to the personality trait whereby a person has an obnoxiously elevated sense of self-worth. An arrogant individual is one who acts as if they are more superior, worthy, and important than others. So, they tend to disrespect and put others down.
While an arrogance can make someone feel strong and be a coping strategy for low self-esteem initially, the long term arrogance is harmful as it can contributes to loneliness, depression, lack of direction and success. It can also impact the physical health if its pushes you to take unnecessary risks. It is possible to change arrogant ways of thinking, when we feel stuck or have noticed arrogant tendencies, then, the mindfulness, gratitude and focusing on curtailing these thoughts can help.
Therefore, as Alisha appears to be overconfident which makes her unapproachable to her employees, the negative quality that she is displaying is known as arrogance.
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Japan imposed different tax rates on distilled alcoholic beverages. Whisky, brandy, rum, gin, vodka (imported products), and other spirits and liqueurs were in some cases taxed at rates seven or eight times those imposed on the popular Japanese-distilled beverage called "Shochu". Shochu is an alcoholic beverage distilled from potatoes, sweet potatoes, buckwheat, or other grains. It averages a 25-to-30-percent alcohol content and is similar in other characteristics to vodka and whisky. The United States, the European Communities, and Canada launched a complaint with the WTO, alleging that the Japanese law taxed the locally produced Shochu more favorably than several other imported alcoholic beverages in contravention of the national treatment rule.
Question: Was the complaint justifiable (the USA, European Community, and Canada)? If yes, why? If not, why not? (Use the National Treatment Rule to justify your answer).
Q2. Shrimp-Sea Turtle Case:
The United States passed domestic legislation that banned the importation of shrimp that had been caught by methods that harmed sea turtles, and the US mandated that US-designed Turtle Excluder Devices (TEDs) be used to catch any shrimp destined for the US market. It had applied these restrictions to its own industry and was seeking to restrict access to its market as a way of ensuring that other countries would implement the same or similar measures. In fact, the way in which the United States had applied the import restrictions was arbitrary: some countries whose shrimping methods harmed sea turtles were excluded, whereas others were not. As well, some countries received information about the assistance in conforming with the techniques, while others did not. The case against the United States was brought by India, Malaysia, Thailand, and Pakistan, all significant shrimp-producing nations (p, 41)"
Question: Does the measure (banning the importation of shrimp) conform to the requirements of the respective exception (WTO exceptions)
Answers
Q1. The complaint lodged by the United States, the European Communities, and Canada against Japan concerning tax rates on distilled alcoholic beverages was justified. The tax rates imposed on imported alcoholic beverages such as whisky, brandy, rum, gin, and vodka were significantly higher, around seven or eight times, than the rates imposed on the popular domestically produced Japanese-distilled beverage called Shochu.
According to the National Treatment Rule of the World Trade Organization (WTO), imported products should be treated equally to domestically produced ones.
However, Japan's tax law favored Shochu by imposing more favorable rates compared to imported alcoholic beverages, which violated the National Treatment Rule.
Therefore, the complaint filed against Japan was justified.
Q2. The prohibition on importing shrimp caught using methods that harm sea turtles does not comply with the requirements of the respective exception within the World Trade Organization (WTO).
This is because the United States implemented import restrictions in an arbitrary manner, excluding certain countries with shrimp fishing practices that harm sea turtles while exempting others.
Additionally, some countries were provided with information and assistance on conforming to acceptable techniques, while others were not.
The WTO allows its members to adopt measures necessary to protect human, animal, or plant life and health, but these measures should not be applied in an arbitrary or unjustifiable manner.
The United States' ban on shrimp imports was not implemented uniformly, making it arbitrary and failing to meet the requirements of the respective exception outlined by the WTO.
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Please help for brainliest
Answers
Answer:
C balance
Explanation:
it shows balance when you withdraw money
To examine
the weekly payroll of all employees, one would look at the:
Answers
To examine the weekly payroll of all employees, one would look at the: d. payroll register.
What is the payroll register?The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.
A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.
Options:
a. W-4
b. employee earnings record
c. W-2
d. payroll register.
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Question 1 in the plan stage of the data life cycle, what decisions would a data analyst make? select all that apply. 1 point what kind of data is needed how the data will be managed how the data will be analyzed who will be responsible for the data
Answers
In the plan stage of the data life cycle, a data analyst would make the following decisions:
What kind of data is needed
How the data will be managed
Who will be responsible for the data
These decisions are important to ensure that the data is collected and managed in a way that will support the analysis that needs to be done, and that the right people are involved in the process.
The decision on how the data will be analyzed is typically made in the next stage of the data life cycle, the analyze stage.
In the plan stage of the data life cycle, a data analyst would typically make decisions related to the planning and design of the data project. Specifically, they would make decisions related to:
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Interview employees at any workplace e. G schools hospital etc
Answers
Conducting employee interviews at any workplace, such as schools or hospitals, can provide valuable insights into the experiences, perspectives, and needs of employees.
Employee interviews serve as a means to gather firsthand information about various aspects of the workplace. By conducting interviews, employers can gain a deeper understanding of employee satisfaction, engagement, work environment, and potential areas for improvement. Interviews can be structured to cover a range of topics, including job satisfaction, communication, workload, professional development, and organizational culture. The insights gathered from employee interviews can help identify strengths and weaknesses, inform decision-making processes, and foster a positive work environment. It is important to create a comfortable and confidential setting for interviews to encourage employees to share their honest feedback.
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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.
Workers' rights provided through union contracts are established a. by the employer. b. through collective bargaining. c. by law. d. within an overarching framework of common law.
Answers
Collective bargaining establishes the workers' rights granted under union contracts. So, option (b): "collective bargaining" is the correct answer.
What is collective bargaining?International human rights accords affirm the right to collective bargaining. The ability to form trade unions is recognized as a fundamental human right in Article 23 of the Universal Declaration of Human Rights.
Collective bargaining is the process through which a union and an employer reach an agreement as a collective. During this process, the parties typically concentrate on matters such as pay, benefits, and working conditions.
Collective bargaining is the process through which employees, through their unions, negotiate contracts with their employers to decide their employment terms, such as;
CompensationBenefitsHoursLeaveOccupational healthSafety standardsStrategies to balance work and familyCheck out the link below to know more about collective bargaining;
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maintaining a professional appearance is important because it shows you are keeping up with the latest styles. T/F
Answers
False. Maintaining a professional appearance is important because it shows respect for yourself, others, and the workplace environment, and communicates a sense of responsibility and competence.
Keeping up with the latest styles may be important in some industries or professions, but it is not the primary reason for maintaining a professional appearance.
False. Maintaining a professional appearance is important because it creates a positive first impression, demonstrates professionalism, and reflects well on your organization. While keeping up with the latest styles may be a part of maintaining a professional appearance, it is not the primary reason for doing so.
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How is a credit union different from a bank?
O Acredit union offers services to companies instead of individuals.
A credit union only offers credit, it does not store money.
Acredit union is usually larger than a bank.
O A credit union is owned by its customers.
Answers
Answer:
a credit union is owned by its costumers (D)
Explanation:
i took the assignment!!
Pretend your homeowners policy has a premium of $150, a deductible of $5,000, and a limit of $300,000. Your home suffers $170,000 in damages. How much will you pay for the damages?
Answers
you will pay $5,000 for the damages, and the insurance will cover the remaining $165,000.
Why it is?
In this scenario, because the damage of $170,000 is less than the policy limit of $300,000, the insurance will cover the damages.
However, the deductible of $5,000 will be subtracted from the amount of the damages covered.
Therefore, the amount that you will pay for the damages will be the deductible of $5,000.
The insurance will cover the remaining amount of the damages, which is $170,000 minus the deductible of $5,000, or $165,000. So, you will pay $5,000 for the damages, and the insurance will cover the remaining $165,000.
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Drag the tiles to the correct boxes to complete the pairs.
Match the different resources to the scenarios where they are used.
natural resources
human resources
man-made resources
entrepreneurship
A power plant uses an Industrialdesign power generator to generate large-scale
electricity for the neighborhood.
A power plant uses coal to heat water and then converts it into steam, which
then turns the turbines.
>
A power plant is set up by a group of industrialists as they come together to
solve the power crisis in their nelghborhood.
A power plant employs local workers who work in shifts to keep the plant
running for most of the day.
Answers
Answer:
1. Man-made
2. natural resources
3. entrepreneurship
4. Human resources
Explanation:
Natural resources are those which are present in the environment and are limited in number.
The man-made resources are those where a power generator is used to initiate the electricity on large scale.The natural resources are those where the water is heated from coal and then converting it to steam for running the turbines.The entrepreneurship is represented when the industrialists come together to solve the power crisis of their own neighborhood.The human resources are those where the workers are working in shifts to keep their plants in running condition.Therefore, the given resources are matched with the scenarios in which they are used.
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what is the treynor ratio of a portfolio comprised of 45% portfolio a and 55% portfolio b? a b weight 45 % 55 % avg return 13.60 % 8.40 % std dev 17.20 % 6.40 % beta 1.38 0.87 the risk-free rate is 3.12% and the market risk premium is 8.5%. multiple choice .041 .058 .069 .114 .136
Answers
The Treynor ratio of a portfolio comprised of 45% portfolio a and 55% portfolio b is 0.69.
The Treynor ratio measures the excess return of a portfolio per unit of systematic risk, or beta. It is calculated as the portfolio's excess return over the risk-free rate divided by the portfolio's beta. Mathematically,
Treynor Ratio = (Portfolio Return - Risk-Free Rate) / Portfolio Beta
To calculate the Treynor ratio for the given portfolio:
Portfolio Return = (0.45 x 0.136) + (0.55 x 0.084) = 0.1132 or 11.32%
Portfolio Beta = (0.45 x 1.38) + (0.55 x 0.87) = 1.1155
Excess Return = Portfolio Return - Risk-Free Rate = 11.32% - 3.12% = 8.20%
Therefore, the Treynor Ratio = Excess Return / Portfolio Beta = 8.20% / 1.1155 = 7.34%
Rounding to two decimal places, the Treynor Ratio of the portfolio is 0.07 or 7%.
The closest answer choice is 0.069.
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Which investment advice would Gale most likely give to Alex? Invest in stocks because they are less risky. Put most of your money in a savings account instead. Spread your investments in several different areas. Stick with the stocks because they will bounce back.
Answers
Investment advice is the advice given by consultants or consultancy firms holding special expertise in the field of securities market to the individual investors.
Investment DecisionTheir is a very popular quote in the investment market that "do not put all your funds in a single security " and put your funds in different securities so that loss of a security is set-off with the gains of other security.
Therefore , the investment advice most likely Gale would give to Alex will be "Spread your investments in several different areas" and OPTION C is correct.
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Answer:
c
Explanation:
Additional Information Check No. 5904 is correctly drawn for $2,090 to pay for computer equipment; however, the recordkeeper misread the amount and entered it in the accounting records with a debit to Computer Equipment and a credit to Cash of $2,060. The NSF check shown in the statement was originally received from a customer, S. Nilson, in payment of her account. Its return has not yet been recorded by the company. The credit memorandum (CM) is from the collection of a $1,500 note for Chavez Company by the bank. The bank deducted a $15 collection expense. The collection and expense are not yet recorded.
Answers
Answer:
Requirement: Prepare the September 2015 bank reconciliation for this company. Note: Missing table are attached as picture below
Adjusted Bank Balance
Bank statement balance $18,453.25
Add: Deposit in transit $1,682.75
$20,136
Less: Outstanding checks
CH #5893 $494.25
CH #5906 $982.30
CH #5908 $388.00 $1,864.55
Adjusted Bank Balance $18,271.45
Adjusted Book Balance
Books Balance $17,404.20
Add: Collect $1500 note, Less $15 $1,485
Interest earned $12.50
$18,901.70
Less: NSF Check $600.25
Error in entry in check #904 $30
Adjusted Book Balance $18,271.45
The impact of Furman v. Georgia (1972) was that states had to
promise to use the death penalty only with approval from the Supreme Court.
throw out the old Miranda warning and write a new one.
agree to throw out all state laws regarding crime and impose national standards.
create clear standards to be applied fairly before imposing the death penalty.
Answers
Answer: D.create clear standards to be applied fairly before imposing the death penalty.
Explanation: The answer it's right there
The impact of Furman v. Georgia (1972) was that states had to
create clear standards to be applied fairly before imposing the death penalty.The Furman v. Georgia caseThis was a case that had to do with the cruel and the unusual way that people faced in the death penalty.
The case ruled that the death penalty was unconstitutional if it was applied in a discriminatory way.
It ruled that the eight amendment was being violated if used in this way.
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Each of four siblings (Anita, Tony, Maria, and Jose ) is given P^(5000) to invest in the stock market. Each chooses a different stock. One chooses a utility stock, another an automotive stock, another a technology stock and the other an oil stock. From the following clues determine whic
Answers
1. Anita chooses the technology stock.
2. Tony chooses the utility stock.
3. Maria chooses the automotive stock.
4. Jose chooses the oil stock.
Therefore, the stock choices for each sibling are:
- Anita: Technology stock
- Tony: Utility stock
- Maria: Automotive stock
- Jose: Oil stock
it seems that the clues you mentioned are incomplete or missing. Without the complete set of clues, it is not possible to determine which sibling chooses which specific stock.
If you can provide the full set of clues or any additional information, I'll be happy to assist you further in solving the puzzle.
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