Answer:
B)an offset.
Explanation:
Which of the following statements give a valid reason why the currency exchange you plan ahead of time might not be
wholly accurate?
L. Currency exchange rates fluctuate, so the actual rates could be different from the planned rates.
II. Many currency exchange services charge a fee or surcharge, which differs from service to service.
II. Taxes in different countries may cause the amount of money you actually receive to change.
I and II
b. ll and III
C. Ill only
dl, ll, and III
a
Please select the best answer from the choices provided
О А
С В
С
Save and Exit
Next
Submit
Answer:
a
Explanation:
Advertising, soliciting, or accepting for a fee money or another negotiable instrument denominated in the currency of one government in exchange for money . Hence option A is correct .
What is currency exchange ?Another negotiable instrument denominated in the currency of another government is referred to as currency exchange or foreign currency exchange.
Businesses that offer currency exchange services let customers trade one currency for another. Currency exchanges can be accessible physically in places like banks or airports, but they are also becoming more prevalent online.
A licenced company that offers currency exchange services is known as a currency exchange. Coins and paper currency are typically exchanged over the counter at teller stations, which can be found in a variety of locations including airports, banks, hotels, and resorts. Currency The nominal fee that exchanges charge and the bid-ask spread in a currency are how they generate revenue.
Learn more about Currency exchange here
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On March 1, 2020, Parnevik Company sold goods to Goosen Inc. for $660,000 in exchange for a 5-year, zero-interest-bearing note in the face amount of $1,062,937 (an inputed rate of 10%). The goods have an inventory cost on Parnevik's books of $400,000.
Required:
Prepare the journal entries for Parnevik on (a) March 1, 2020, and (b) December 31, 2020.
Answer:
Parnevik Company
Journal Entries:
(a) March 1, 2020
Debit Notes Receivable (Goosen Inc.) $660,000
Credit Sales Revenue $660,000
To record the sale of goods in exchange for a 5-year, zero-interest-bearing note in the face amount of $1,062,937.
Debit Cost of Goods Sold $400,000
Credit Inventory $400,000
To record the cost of goods sold.
(b) December 31, 2020:
Debit Interest Receivable (Goosen Inc.) $55,000
Credit Interest Revenue $55,000
To record the interest receivable for 10 months on the note.
Explanation:
The sale of goods will be recorded net of the interest. Interest Receivable from Goosen Inc. will be accumulated until when it is settled by Goosen Inc. at the end of the note's 5-year life. By that time, the interest must have accumulated to $402,937 compounded yearly.
(20) points
What could be the most likely result of Andrew offering credit facility to his customers?
A.
higher business losses
B.
lesser number of customers
C.
sell his goods below the market rates
D.
more competition
E.
customer loyalty
Answer:
you lied about the points but I'll be nice E
Advertising is an expenditure that ultimately must be justified in terms of its effect on sales and profits, yet most evaluations of advertising are in terms of the effects on consumer attitudes. How do you account for this apparent mismatch
Answer: Emphasis must be made on sales and profits, with the central position being how the customer perceive this goods
Explanation:
Advertisement should be aimed at improving sales and expanding the market for goods. Advertisement is not just to bring customers but also inform them on updates about products. Although customers attitude are needed, this helps the manufacturer or producer to know feedback on what the market is saying, as this cannot be ignored. Emphasis must be made on sales and profits, with the central position being how the customer perceive this goods.
The apparent mismatch is producers looking solely to what the customers are saying rather than considering profit, market expansion, sales, all surrounded by the customer as the focus
Sarah is having a hard time finding a template for her advertising business that she may be able to use at a later date and also make it available to her colleagues.
Answer:
The advertising business could use Sarah's template and give it to her colleagues and sell it out to everyone.
Explanation:
She can then use the other templates for a later date and make it availbale to her colleagues whenever they need it.
A: creating a custom template
George bought 100 shares of ABC Corporation at $20/share. He held the shares for a year and then sold them at $22/share. The ABC Corporation realized _____.
A. a risk-return tradeoff of 10 percent
B. a capital appreciation of 10 percent
C. a standard deviation of 10 percent
D. a premium of 10 percent
I'm 15 now. I _ (be) 16 next year
Answer:
good for u
Explanation:
Business forms that have unlimited personal liability include
Answer:
sole proprietorship and partnership
Explanation:
They both have unlimited personal liability
Poland Springs produces a variety of bottled water beverages, and as the market continues to show growth potential for new flavors and varieties of bottled water, the company should ________ its product lines
Answer:
Increase the depth of.
Explanation:
As the above case may be a product line can explain the variety in marketing and selection of a product and any commodity as the case may be and as the said company increases in growth, its product depth line should be increased. Therefore, a product line goal can be to maximize profits by positioning new products with the highest number of features or with the most cutting-edge individual features at the highest price point. And also you’ll be keeping a base product on sale as a lower-priced alternative
One of the benefit of this been set i.e product line; is to let potential customers know the particular product that will tend to fit their capability in many cases as the case may be in product selection.
How does the commerce clause affect the regulation of business?
A company that makes organic fertilizer has supplied the following data:
Bags produced and sold 200,000
Sales revenue $1,560,000
Variable manufacturing expense $660,000
Fixed manufacturing expense $448,000
Variable selling and administrative expense $180,000
Fixed selling and administrative expense $214,000
Net operating income $58,000
The company's unit contribution margin is closest to:______
a. 15,128 units
b. 16,1 units
c. 168,986 units
d. 100,444 units
Answer: $3.60
Explanation:
Contribution Margin is calculated by deducting variable expenses from the sales.
= Sales - Variable manufacturing expense - Variable selling and administrative expense
= 1,560,000 - 660,000 - 180,000
= $720,000
Unit Contribution Margin = 720,000/200,000 bags sold
= $3.60
The options are not for the Unit Contribution Margin.
Mr. Ghani wants to deposit his savings of Rs. 50,000 in a bank which offers 8% interest compounded semi-annually to withdraw Rs. 2,500 at the end of each six months from the date of deposit. How many withdrawals will he or his heir (in case of his death) be able to make before the entire amount is exhausted
Answer:
How many withdrawals will he or his heir (in case of his death) be able to make before the entire amount is exhausted is explained below in detail explanation.
Explanation:
Let the no of withdrawals be n, then
Present value of n withdrawals = 50000
Interest rate per 6 months =8%/2 =4%
Withdraw amt/(Int rate)*(1-1/(1+interest)^n) = 50000
=> 2500/0.04*(1-1/1.04^n) = 50000
1/1.04^n = 0.2
1.04^n = 5
=> n = ln(5) / ln(1.04) = 41.03
Total 41 withdrawals of Rs.2500 can be made (with a smaller 42nd installment of less than Rs.2500)
'11.8. A company stocks an SKU with a weekly demand of 225 units and a lead time of 3 weeks. Management will tolerate one stockout per year. If sigma for the lead time is 175 and the order quantity is 800 units, what is the safety stock, the average inventory, and the order point
Answer:
a. 261 units
b. 661 units
c. 936 units
Explanation:
Safety stock, average inventory, and the order point can be calculated as follows according to their formulas.
DATA
Weekly Demand = 225 units
Lead time = 3 weeks
Annual Demand = 225 units x 52 weeks = 11,700 units
sigma = 175
Order Quantity Q = 800
Solution
No of orders per year = Annual demand/order quantity
No of orders per year= 11700/800
No of orders per year= 14.625 orders
Service level = (no of orders-1)/no of orders
Service level = (14.625-1)/14.625
Service level = 93.16 %
Saftey factor for 93.16 is 1.49
Saftey stock = 1.49 \sigma
Saftey stock = 1.49 * 175
Saftey stock = 260.75 OR 261 units
Average inventory = Q/2 + saftey stock
Average inventory = 800/2 + 261
Average inventory = 400 + 261
Average inventory = 661
Order point = Demand during the lead time + safety stock
Order point= 225 x 3 + 261
Order point= 936 units
Sheridan Corp is looking to invest in a three-year bond that makes semi-annual coupon payments at a rate of 5.825 percent. If these bonds have a market price of $985.63, what yield to maturity can she expect to earn?
Answer:
The annual YTM will be = 0.063496 or 6.3496% rounded off to 6.35%
Explanation:
The yield to maturity or YTM is the yield or return that an investor can earn on the bond if the bond is purchased today and is held till the bond matures. The formula to calculate the Yield to maturity of a bond is as follows,
YTM = [ ( C + (F - P / n)) / (F + P / 2) ]
Where,
C is the semi annual coupon payment in case of semi annual bondF is the Face value of the bond P is the current value of the bond n is the number of semi annual periods to maturity in case of the semi annual coupon bond
Assuming that the face value of the bond is $1000.
Coupon payment - semi annual= 1000 * 0.05825 * 6/12 = 29.125
Number of semi annual periods = 3 * 2 = 6
YTM - semi annual= [ (29.125 + (1000 - 985.63 / 6)) / (1000 + 985.63 / 2)
YTM - semi annual= 0.031748 or 3.1748% rounded off to 3.17%
The annual YTM will be = 0.031748 * 2 = 0.063496 or 6.3496% rounded off to 6.35%
Determine the market price of a $485,000, 10-year, 8% (pays interest semiannually) bond issue sold to yield an effective rate of 10%.
Answer:
Bond Price= $424,588.28
Explanation:
Giving the following information:
Face value= $485,000
Number of periods= 10*2= 20
Interest rate= 0.08/2= 0.04
YTM= 0.1/2= 0.05
To calculate the price of the bond, we need to use the following formula:
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 19,400*{[1 - (1.05^-20)] / 0.05} + [485,000/1.05^20)
Bond Price= 241,766.88 + 182,791.4
Bond Price= $424,588.28
Now that you know about the different types of bank accounts, relate this information to your chosen career path. Write a paragraph explaining the type(s) of bank accounts that you would need in order to save enough money for college or training for your career. Your answer should address the following questions:
Do you already have a bank account? If so, which type(s), and how do you use them? If not, then how could you go about opening a bank account of your own?
After learning about the different types of bank accounts, which one do you think offers the best options for saving money for college, daily living expenses, and an emergency fund?
Define a bounced check, or a check returned for insufficient funds. Explain a circumstance in which someone might bounce a check (give an example), and create and discuss a plan so that this does not happen to you.
Answer:
I pay for my expenses using either my debit card or cash that I withdraw from the ATM. It is very rare that I write a check to pay for my purchases. If there is an emergency situation, I withdraw money from one of my certificates of deposit.
I want to be a physicist, and I plan to earn a graduate degree in physics from Harvard University. I don’t have enough money saved up to pay for my tuition, even though I have two certificates of deposit accounts and one savings account. This means that I will probably have to take a student loan from my bank. However, I do have sufficient money in my checking account to pay for my daily expenses.
A bounced check is a check that a person has written but cannot pay for due to insufficient funds. For example, a person might send a check for a credit card bill but the person’s bank account may not have sufficient balance to pay this amount. To avoid check bouncing, I’ll always try and remember a rough figure of the money in my account. Additionally, wherever possible, I will pay my bill either in cash or by debit card.
Explanation:
PLATO sample answer
A bank monetary base account is managed by a bank or other financial institution wherein the bank records financial transactions with customers.
Bank Account:We pay for all our purchases with a debit card or cash from an ATM. I rarely pay for things with a check. I can take money out of one of my certificates of deposit because I need it in an emergency.
We want to be a physicist and plan to study physics at Harvard University. Although I have two savings deposits and one savings account, I may not have enough money set aside to pay for my tuition. As a result, I'll most likely need to borrow money from my bank for a student loan. My term deposit, on the other hand, has enough cash to cover our everyday needs.The bounced check has been written but cannot be paid because of a lack of money. The person may, for example, submit an account to cover a credit card debt, yet his or her bank account may not have adequate funds to cover the payment. I'll try to remember a rough figure of the money in my account to avoid checks bouncing.I'll also pay my share in cash or through a debit card whenever feasible.Find out more about the bank account here:
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Your savings account is currently worth $1,200. The account pays 5 percent interest compounded annually. How much will your account be worth 6 years from now?
Answer:
$2,010
Explanation:
The future value of the savings account in 6 years can be computed using the below future value formula:
FV=PV*(1+r)^n
FV=unknown future amount
PV=current worth of the savings account=$1,200
r=annual interest rate=5%
n=number of years envisaged=6
FV=$1,500*(1+5%)^6
FV=$1,500*(1.05)^6
FV=$1,500*1.3400956
FV=$2,010
If you charge/plug in your phone on a Xbox will the stuff in ur camera roll on your phone be on/in the Xbox???
Answer:
No.
Explanation:
You said if you charge, so it will only charge your phone. You aren't able to upload photos directly to an Xbox.
Although, if you are pc, you can upload a custom gamerpic easily.
(An example would be a gamerpic, you need the app in order to have a custom gamerpic because it accesses your files).
Answer:
no
Explanation:
Help!
dancing is considered as labor, capital,land or entrepreneurship?
Answer:
D. Entrepreneurship
Because 100% it's not a land or a capital. Well, it may be a labor, but mostly it's entrepreneurship.
Hope that helps you
who is captain america
Answer:
a super hero that's part of marvel
Answer:
Captain America is a marvel character played by Chris Evans.
Explanation:
Captain America started out as a normal kinda scrawny teenager who joined the American Army during World War II. He was transformed into a super soldier and became an insanely fit and strong human being. He saved many people during the war, but unfortunately was frozen in ice for like 66 years. So, he became part of a group called the Avengers. Kind of like a vigilante group. And finally, he was able to go back in time and marry the woman of his dreams, and he retired from the avengers after, the time travel left him in his actual age, well into his 80's.
______ is a chemical that captures energy for photosynthesis.
A. glucose
B. lactic acid
C. carbon dioxide
D. chlorophyll
Answer:
option d is the correct answer hope it is correct
You meet that special person and get married amazingly your spouse has exactly the same income you do $47,810 if your tax status is now married filing jointly what is your tax liability
Answer:
i think because you are married to yuor spouse i think the tax is$ 13,740
Explanation:
Bathtub Refinishing Oldsmar FL
Answer:
cool
Explanation:
On November 19, Hayes Company receives a $15,000, 60-day, 10% note from a customer as payment on his account. What adjusting entry should be made on the December 31 year-end
Answer: A debit to Interest receivable at $175
A credit to Interest Revenue at $175
Explanation:
Interest revenue = Principal x rate s time ( from Nov 19 - December 31st)
=$15,000 x 10% x 42/360 ( taking days in a year = 360 days )
= $175
Adjusting Journal entry for Hayes Company on December 31st year end
Date Account titles Debit Credit
December 31st Interest receivable $175
Interest Revenue $175
Darwin Inc.sells a particular textbook for $24. Variable expenses are $16 per book. At the current volume of 52,000 books sold per year the company is just breaking even. Given these data, the annual fixed expenses associated with the textbook total:_____
a. $416,000
b. $832,000
c. $1, 248,000
d. $1, 664,000
Answer:
$416,000
Explanation:
Darwin sells a particular book for $24
Variable expenses are $16
The current volume of book sold is 52,000 books
The first step is to calculate the unit Contribution margin
= $24-$16
= $8
Therefore the fixed expenses that is associated with the book can be calculated as follows
=52,000 × 8
= $416,000
You have developed a new brand of ice cream that you sell for 5.99 dollars per pint since it is a premium brand. Your sales estimate for the first year is 1 million pints, which will result in 5.99 million dollars in __________
A. gross profits
B. revenues
C. marginal contribution
D. profits
E. value
Answer:
The correct answer is the option B: Revenues.
Explanation:
To begin with, there is a significant difference between the words revenue and profit due to the fact that the first one indicates the amount of money that the person is receiving after making all of the sales that he can meanwhile the word profit refers to the amount of money that the person is taking home due to the fact that it reduces all the costs to the income gained and when that is done the person obtains the profit, the money that he receives from all the job done. Therefore that when all sales are completed the person will receive 5.99 million dollars in income and after that he will have to reduce the costs from that number and the final result will be the profits.
Q5. You are launching the Pakistani street food cafe. Identify the marketing mix (four p’s) -
Answer and Explanation:
According to the given scneario, the identification of the marketing mix i.e. four p's are product, price, place and the promotion
1. Product: The product is food cafe. The main thing about the food is the taste, how it looks. The product should be attractive, full of taste.
2. Price: The price of the food for each type of product should be reasonable so that everyone could afford it. Also the price is depend upon the competitor price
3. Place: The place should be very attractful so that many customers could be come. It could be in river side or lake view. Also if the cafe provides the home delivery without any charges this things would attract most of the customers
4. Promotion: The promotion of the food cafe could be done in social sites, radios, newspaper so that the public at large could know about it
Suppose that the demand curve for chairs in Euroland is given by QD = 800,000 − 6,000P, and that the supply curve is given by QS = 14,500P - 225,000. The equilibrium price is €50.
The government is thinking about imposing a tax of €2.46 on chairs.
The price paid by buyers after the tax is
Answer:
The price paid by buyers after the tax is €51.74.
Explanation:
QD = 800,000 − 6,000P .................. (1)
QS = 14,500P - 225,000 ................... (2)
P* = equilibrium price = €50
Substituting P* into equation (1) to obtain equilibrium quantity, Q*, we have
Q* = 800,000 − 6,000(50)
Q* = 800,000 - 300,000
Q* = 500,0000
Rewrite equation (1), we have:
6,000P = 800,000 - QD
P = (800,000 / 6,000) - (1 / 6,000)QD
P = 133.333333333333 - 0.000166666666666667QD ............ (3)
Rewrite equation (2), we have:
14,500P = QS + 225,000
P = (1 / 14,500)QS + (225,000 / 14.500)
P = 0.0000689655172413793QS + 15.5172413793103 .......... (4)
With tax of €2.46, equation (4) becomes:
P = 0.0000689655172413793QS + 15.5172413793103 + 2.46
P = 0.0000689655172413793QS + 17.9772413793103
Equating equations (3) and (4), and solve for new equilibrium quantity after tax, QT, we have:
133.333333333333 - 0.000166666666666667QT = 0.0000689655172413793QT + 17.9772413793103
133.333333333333 - 17.9772413793103 = 0.000166666666666667QT + 0.0000689655172413793QT
115.356091954023 = 0.000235632183908046QT
QT = 115.356091954023 / 0.000235632183908046
QT = 489,560
To obtain the price paid by buyers after the tax, PT, we substitute QT = 489,560 for QD is equation (3) as follows
PT = 133.333333333333 - 0.000166666666666667(489,560)
PT = 133.333333333333 - 81.5933333333335
PT = 51.74
Therefore, the price paid by buyers after the tax is €51.74.
is the creation of real or perceived differences in goods or services.
Answer:product differentiation
Explanation:
a. Distinguish between physical asset markets and financial asset markets. What’s the difference between spot markets and futures markets?
b. Distinguish between money markets and capital markets. What’s the difference between primary markets and secondary markets?
c. Differentiate between private and public markets. Why are financial markets essential for a healthy economy and economic growth?
Answer:
a. Physical assets are tangible, they can be touched, seen, used. They generally lose value over time because they depreciate. On the other hand, financial assets are intangible, they only exist because documents say so. Their price can change if interest rates change of if market conditions change.
Spot markets are markets where securities, currencies or commodities are traded immediately. While futures markets represent the trading of securities, currencies or commodities at a future date.
b. Money markets are where investors trades short term securities, while capital markets are where stocks, bonds and other long term securities are traded.
Primary markets exist only when securities are issued for the first time, e.g. an IPO. The vast majority of trading occurs in secondary markets since a security can literally be traded hundreds of times and all of these operations, except for the initial issuance, take place in secondary markets.
c. Public markets are all the trading markets where publicly traded corporations exchange or trade securities, and anyone can buy them, e.g. NYSE, NASDAQ, etc. Private markets only involve trading of privately held securities, e.g. stocks of closely held corporations. Only certain investors can trade with private securities, they are not available to the general public.
Financial markets basically receive savings from private households and businesses, and they transfer them (as investments) to other companies that need these resources to operate and grow. There is a direct relationship between healthy financial markets and economic development.