Invoicing in a third currency is possible if a. Importer & Exporter agree b. Impossible c)...
Invoicing in a third currency is possible if
a. Importer & Exporter agree
b. Impossible
c) None of these
Homework Answers
"A"
if both the exporter and the importer or the importer and the exporter agree then it is possible to invoice in the foreign currency in the market.
Add Answer to:
Invoicing in a third currency is possible if
a. Importer & Exporter agree
b. Impossible
c)...
You are a U.S. importer desiring to purchase merchandise from an Italy exporter invoiced in Euros,...
You are a U.S. importer desiring to purchase merchandise from an Italy exporter invoiced in Euros, at a cost of €160,000. You will contact your U.S. bank A (where of course you have an account denominated in U.S. dollars) and inquire about the exchange rate, which the bank quotes as €0.6250/$1.00. Consider you accept this price. Bank A then instructs its correspondent bank B in Italy to pay the Italy exporter the amount of the purchase. What will happen to...
Can anybody answer the question and explain it ? thx a lot 5) You pay $3.25...
Can anybody answer the question and explain it ? thx a
lot
5) You pay $3.25 for a call option on Luther Industries that expires in three months with a strike price of $40.00. Three months later, at expiration, Luther industries is trading at $41.00 per share. Your profit per share on this transaction is closest to? A) $1.00 B) - $2.25 C) - $1.00 D) $2.25 6) Which of the following is NOT true regarding a letter of credit?...
B) FALSE dents) are 22) Currency inflows (payments by residents of any other country to U.S. resi recorded as credits in the U.S. BOP A) TRUE B) FALSE. 23) If China acquires $100 billion of U.S....
B) FALSE dents) are 22) Currency inflows (payments by residents of any other country to U.S. resi recorded as credits in the U.S. BOP A) TRUE B) FALSE. 23) If China acquires $100 billion of U.S. government bonds, this is a credit in the U.S. current account. A) TRUE B) FALSE 24) Today, a U.S. importer places an order for machine tools that will arrive in Houston in 60 days, when he must pay 4,000,000 to the German exporter. Assume...
Currency choice Assume that, to resolve transfer pricing questions, PI Asia and PI North America agree...
Currency choice Assume that, to resolve transfer pricing questions, PI Asia and PI North America agree with the taxing authorities in Singapore and the US that the partially completed assemblies will be priced each month at either S$2350 or $1880. On the last day of each month, PI Asia submits an invoice to PI North America and payment is made on that day. 2a. On the last day of July, the exchange rate is USDSGD 1.2650. In which currency should...
11.An aqueous solution of NH4NO3 would be: Select one: a. neutral b. impossible to tell c....
11.An aqueous solution of NH4NO3 would be: Select one: a. neutral b. impossible to tell c. acidic d. basic 12.A given reaction has a Kc value of is 6.25 x 10-4. Select the BEST option below: At the same conditions Qc is found to be 6.25 x 10-3 . Select one: a. the system is at equilibrium b. products are favoured, the reaction proceeds right c. reactants are favoured, the reaction proceeds left d. it is impossible to determine which...
What is (are) the possible product(s)? a. A b. B. c. C d. A and B...
What is (are) the possible product(s)? a. A b. B. c. C d. A and B e. A, B, and C What is the product? a. A b. B c. C d. D c. None of the choices are correct What is (are) the possible product(s) of the following reaction? a. A b. B c. C d. A and B e. B and C
Using the given matrices, calculate the quantities, if they are defined. (If not possible, enter IMPOSSIBLE...
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A third tape, (let's call it C) is placed between tapes A and B, resulting in...
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Alexis Enterprises, an importer and exporter of precious metals and jewelry from around the world, sells...
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Wellington Imports, an importer and exporter of precious metals and jewelry from around the world, sells...
Wellington Imports, an importer and exporter of precious metals and jewelry from around the world, sells its objets d'art to stores in six southwestern states and generates annual sales of $6,000,000. In response to increasing concerns regarding the firm's slow collections and elevated bad-debt ratios, Wellington's treasurer has suggested that the firm change its current collection policy. Specifically, he proposes that the firm progress beyond its current collection efforts (sending late-payment notices and making follow-up telephone calls) and hire an...
Can anybody answer the question and explain it ? thx a
lot
5) You pay $3.25 for a call option on Luther Industries that expires in three months with a strike price of $40.00. Three months later, at expiration, Luther industries is trading at $41.00 per share. Your profit per share on this transaction is closest to? A) $1.00 B) - $2.25 C) - $1.00 D) $2.25 6) Which of the following is NOT true regarding a letter of credit?...
B) FALSE dents) are 22) Currency inflows (payments by residents of any other country to U.S. resi recorded as credits in the U.S. BOP A) TRUE B) FALSE. 23) If China acquires $100 billion of U.S. government bonds, this is a credit in the U.S. current account. A) TRUE B) FALSE 24) Today, a U.S. importer places an order for machine tools that will arrive in Houston in 60 days, when he must pay 4,000,000 to the German exporter. Assume...
11.An aqueous solution of NH4NO3 would be: Select one: a. neutral b. impossible to tell c. acidic d. basic 12.A given reaction has a Kc value of is 6.25 x 10-4. Select the BEST option below: At the same conditions Qc is found to be 6.25 x 10-3 . Select one: a. the system is at equilibrium b. products are favoured, the reaction proceeds right c. reactants are favoured, the reaction proceeds left d. it is impossible to determine which...
What is (are) the possible product(s)? a. A b. B. c. C d. A and B e. A, B, and C What is the product? a. A b. B c. C d. D c. None of the choices are correct What is (are) the possible product(s) of the following reaction? a. A b. B c. C d. A and B e. B and C
Using the given matrices, calculate the quantities, if they are defined. (If not possible, enter IMPOSSIBLE into any cell of the matrix.) 02 15 0 A= B= 13 6 02 x 5 3 Eo91 6 4 0 F= 0 0 1 1 1 2 3 G 5 4 6 9 7 8 2 1 3 3 7 6 (a) A-4BC (b) EG (c) FK - 4K (d) HEA Тf It (е) ЗВС - НК - It (f) 7K - H...
A third tape, (let's call it C) is placed between tapes A and B, resulting in the arrangement shown here. Based on this observation, is it possible that tape B is positively charged? Explain. iii. iv. Based on this observation, is it possible that tape B is uncharged? Explain. When tape C was placed between tape A and B, tape A was pulled even further to the right. Is it possible that tape A is uncharged? Explain. v.
Alexis Enterprises, an importer and exporter of precious metals and jewelry from around the world, sells its objets d'art to stores in six northeastern states and generates annual sales of $9,000,000. In response to increasing concerns regarding the firm's slow collections and elevated bad-debt ratios, Alexis's treasurer has suggested that the firm change its current collection policy. Specifically, he proposes that the firm progress beyond its current collection efforts (sending late-payment notices and making follow-up telephone calls) and hire an...
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