What is the ratio of cash to monthly cash expenses
During 2009, Tempo Inc has monthly cash expenses of $120,000. On December 31, 2009, their cash balance is $1,860,000. what is the ratio of cash to monthly cash expenses ?
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What may happen to the spot and forward exchange rate if there is an unexpected interest rate cut in the U.K.? Please explain how the equilibrium can be reestablished in the markets?
I took a math class where the professor was from a foreign country and whenever she spoke it was very hard to understand her dialect. I literally could not make out what she was saying due to her poor English
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