Arbitrage results in a riskless profit because a trader purchases a currency at a low price and simultaneously resells it at a higher price.
a. True
b. False
a. True
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As of January 1 of the current year, the Grackle Company had accounts receivables of $50,000. The sales for January, February, and March were as follows: $120,000, $140,000 and $150,000. 20% of each months sales are for cash. Of the remaining 80% (the credit sales), 60% are collected in the month of sale, with remaining 40% collected in the following month. What is the total cash collected (both
from accounts receivable and for cash sales) in the month of March? A) $74,800 B) $146,800 C) $102,000 D) $116,800
Ground rules that define appropriate and inappropriate behavior in a team are called:
a. Agendas b. Goals c. Norms d. Conflicts
The Federal Tort Claims Act creates federal immunity for torts committed by
governmental officials of the United States. a. True b. False
Elizabeth is traveling on a business trip to meet with prospective clients. She will meet with the same group of clients over a four-day period. She doesn't want to check her luggage and deal with the long lines at baggage claim, so she will need to pack lightly to fit her belongings into a carry-on. When selecting shoes to take on her trip, Elizabeth should choose shoes that are both professional and ____________________.
What will be an ideal response?