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1 year ago

Suppose interest rates in the UK fall. This will affect the side of the foreign exchange market and cause exchange rates to

Business

1 answer:

maw [93]1 year ago

5 0

A fall in the interest rates in the UK, would cause the exchange rate of the UK to decline.

<h3>What is the impact of a fall in interest rate on exchange rate?</h3>

Exchange rate is the rate at which one currency is exchanged for another currency. Interest rate is the return earned by investors for allowing business owners use their funds.

When interest rate declines, the return earned by investors would fall. This would discourage investors from investing. This would lead to a decline in the demand for the UK currency. This would depress the exchange rate.

To learn more about exchange rate, please check: brainly.com/question/25780725

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Brad's gross pay for the month is $ 6 comma 400. His deduction for federal income tax is based on a rate of 22%. He has no vol

Lera25 [3.4K]

Answer:

$4,502

Explanation:

Brad's gross pay for the month is $6,400. His deduction for federal income tax is based on a rate of 22%.

Brad's net pay if we assume a FICAlong - OASDI Tax of 6.2% and FICAlong -Medicare Tax of 1.45%. will be:

His gross pay for the month less all the statutory deductions

$6400 - [(0.22 x 6400) + (0.062 x 6400) + (0.0145 x 6400)] = $4,502

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2 years ago

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On Jordan's 20th birthday he decides to invest 10,000 that he has saved. He will not be adding any money to the initial investme

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452592.56

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10000(1.1)^40=452592.555682

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2 years ago

Debbie Brooks and Martha Tingstrom lived together. Tingstrom handled their finances. For five years, Brooks did not look at any

Vladimir [108]

Answer:

Debbie Brooks is the one who will suffer the loss for the checks paid with Brook's forged signature.

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Debbie Brooks is the one who will suffer the loss for the checks paid with Brook's forged signature because Brooks was supposed to be checking the statement regarding her accounts frequently . By that, she could have discovered that Tingstrom had taken $85,000 from her checking account with Transamerica Financial Advisors and hence be able to sue her.

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3 years ago

An examination of Hyong Corporation's inventory accounts revealed the following information:

andreyandreev [35.5K]

Answer:

Production= 45,000 units

Explanation:

Giving the following information:

Raw materials, June 1: 46,000 units

Raw materials, June 30: 51,000 units

Purchases of raw materials during June: 185,000 units

<u>First, we need to calculate the raw material used in production:</u>

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Direct material used= beginning inventory + purchases - ending inventory

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2 years ago

At the end of the first year of operations, Yolandi Company had $900,000 in sales and accounts receivable of $350,000. XYZ’s man

vivado [14]

Answer:

1. $13,500

2. $13,500

3. $336,500

Explanation:

1. Bad debt expense:

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2. Allowance for Doubtful accounts = $13,500

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= $336,500

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2 years ago