answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vikentia [17]
1 year ago
13

Trader A enters into futures contracts to buy 1 million euros for 1.1 million dollars in three months. Trader B enters in a forw

ard contract to do the same thing. The exchange rate (dollars per euro) declines sharply during the first two months and then increases for the third month to close at 1.1300. Ignoring daily settlement, what is the total profit of each trader
Business
1 answer:
Arisa [49]1 year ago
3 0

Answer:

$30,000

Explanation:

The total profit for each trader (ignoring daily settlement) = $1,000,000 * (1.1300-1.1000)

Total profit for each trader = $1,000,000 * 0.03

Total profit for each trader = $30,000

You might be interested in
Carrying and using a high-end credit card like an American Express Centurion Card would satisfy needs at what level in the Maslo
ioda

Answer:

Carrying and using a high-end credit card like an American Express Centurion Card would satisfy needs at what level in the Maslow hierarchy of needs?

Esteem level.

Explanation:

Maslow hierarchy of needs is a theory in psychology that comprises five levels of needs that are represented in a pyramid. The needs that are lower in the pyramid are fundamental needs that have to be satisfied before the needs in the higher levels can be satisfied. The needs lower down in the pyramid are mostly physical needs like food, shelter and finances while the needs higher up in the pyramid tend to focus more in improving the quality of life of a person. They include things like; safety, love, physiological needs and self actualization.

The needs in a five-stage model can be categorized into two groups; deficiency needs and growth needs. The first four levels from the bottom can be referred to as deficiency needs while the top most level is defined as a growth need. Deficiency needs are needs that arise due to deprivation while growth needs don't come from a lack of something but a strong desire to become better. The five categories of needs are; physiological, safety, love and belonging, esteem and self actualization.  

In our case, someone carrying a high-end credit card is someone who does that out of prestige and thus is most likely in the esteem level in the Maslow hierarchy.

5 0
2 years ago
In addition to the new designer, Burberry also stepped up its involvement in social media, relationships with style magazines an
AlekseyPX

Letter D is correct! Increasing customer retention and reducing customer churn.

Relationship marketing is a set of actions that a company uses to strengthen its relationship with the customer, in order to retain and retain them. The addition of Burberry has increased its involvement in social media with the goal of staying closer to its customers and offering benefits such as collaboration with a famous actress. This strategy strengthens the customer-brand relationship by translating the brand's interest in meeting its customer's needs and wants and thus strengthening brand recognition in the marketplace.

7 0
1 year ago
Telemarketers receive $15 commission on all new customers they sign up for cell phone service through Movill Networks. Each tele
antiseptic1488 [7]

Answer:

  1. The gross pay of Kenny is $750.
  2. The gross pay of Charles is $525.
  3. The gross pay of Laurie is $855.
  4. The gross pay of Hylis is $480.

Explanation:

As the data of the employers is not given here, a similar question is found , for which the data is attached herewith.

Now the minimum wage per week for $8 an hour is given as

Minimum Wage=40*$8=$240.

The gross pay of Kenny with 50 new customers is given as

Gross Pay_{Kenny}=n*\$15\\Gross Pay_{Kenny}=50*\$15\\Gross Pay_{Kenny}=\$750

So the gross pay of Kenny is $750.

The gross pay of Charles with 35 new customers is given as

Gross Pay_{Charles}=n*\$15\\Gross Pay_{Charles}=35*\$15\\Gross Pay_{Charles}=\$525

So the gross pay of Charles is $525.

The gross pay of Laurie with 52 new customers is given as

Gross Pay_{Laurie}=n*\$15\\Gross Pay_{Laurie}=52*\$15\\Gross Pay_{Laurie}=\$780

So the gross pay of Laurie is $780.

The gross pay of Hylis with 32 new customers is given as

Gross Pay_{Hylis}=n*\$15\\Gross Pay_{Hylis}=32*\$15\\Gross Pay_{Hylis}=\$480

So the gross pay of Hylis is $480.

As Laurie has the highest number of new customers, so she will receive a bonus of $75.

So the gross pay of Laurie is $780+$75=$855.

So the gross pays are given as

  1. The gross pay of Kenny is $750.
  2. The gross pay of Charles is $525.
  3. The gross pay of Laurie is $855.
  4. The gross pay of Hylis is $480.

8 0
2 years ago
Target's brand promise "Expect More. Pay Less" and appeal to higher-income, fashion-conscious discount shoppers illustrates the
blagie [28]

Answer:

The correct option is D. integrated cost leadership/differentiation

Explanation:

Integrated cost leadership/differentiation is a business level strategy where differentiated products are offered in market at low cost.

Differentiated product signifies the unique characteristics the customer values and cost leadership signifies that the product is offered at the lower-cost, i.e., at a margin just above average costs.  

It is useful in gaining wide customer base especially in a global frontier.

8 0
1 year ago
Read 2 more answers
Shannon, who has a job and no dependents, has two credit cards she uses for food and entertainment. All card balances are close
IgorC [24]

Answer:

Pay off all her balances within the payment cycle.

Explanation:

The other answers don't make sense.

7 0
1 year ago
Other questions:
  • Data related to the inventories of Mountain Ski Equipment and Supplies is presented below:
    6·1 answer
  • The process of continuously updating, improving, and detailing a project management plan, or parts of a project management plan,
    10·1 answer
  • If property escheats, its title is transferred to a person's nearest blood relative.
    7·1 answer
  • This pricing tactic works because although we can remember the exact price right when we see the price, after a few weeks we for
    11·1 answer
  • Suppose profits are less than zero. From this it follows that:
    11·1 answer
  • You purchased 1000 shares of stock in Cumberland Software for $3 per share on January 1, 2006. Over the next four years, you rec
    13·1 answer
  • Suppose you are considering two cities, city A with elastic housing supply and city B with inelastic housing supply. The two cit
    6·2 answers
  • As a sysadmin, you will find yourself doing business with a variety of third-party vendors. Which of these are likely to be rent
    13·1 answer
  • Calculate the fair present values of the following bonds, all of which pay interest semiannually, have a face value of $1,000, h
    10·1 answer
  • Recently when Mosaic Ltd was falling short of funds to meet the floatation costs of its upcoming issue of preference shares, the
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!