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2 years ago

A depreciation of the u. S. Real exchange rate induces u. S. Consumers to buy:.

1 answer:

8 0

A depreciation of the u. S. Real exchange rate induces u. S. Consumers to buy more domestic goods and fewer foreign goods.

<h3>What is depreciation?</h3>

This is a term that is used to refer to the fall in the value of a currency. It is a fall in the currency of a country compared to that of other currencies.

At a time where there is a depreciation, people would want to buy more of the goods that are made in their country.

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Megan Corp. recognizes revenue over time to account for long-term contracts. At the date the contract is signed, the price is $6

Alika [10]

Answer:

a. $30,000 loss

Explanation:

Calculation to determine What is the amount of gross profit or loss that is recognized in year 2

First step is to calculate the Year 1 Cost to cost ratio using this formula

Year 1 Cost to cost ratio = 200,000 / ( Costs incurred + Cost to complete)

Let plug in the formula

Year 1 Cost to cost ratio= 200,000 / (200,000 + 200,000)

Year 1 Cost to cost ratio= 50%

Second step is to calculate the Gross profit or loss using this formula

Gross profit/Loss = 50% * ( Price - estimated cost to complete)

Let plug in the formula

Gross profit/Loss= 50% ( 600,000 - 400,000)

Gross profit/Loss= $100,000

Third step is to calculate the Year 2 Cost to cost ratio

Using this formula

Year 2 Cost to cost ratio = 350,000 / ( Costs incurred + Cost to complete)

Let plug in the formula

Year 2 Cost to cost ratio = 350,000 / (350,000 + 150,000)

Year 2 Cost to cost ratio = 350,000 / 500,000

Year 2 Cost to cost ratio = 70%

Now let calculate the gross profit or loss using this formula

Gross profit = 70% * ( Price - estimated cost to complete) - Previous Gross

Let plug in the formula

Gross profit= 70% ( 500,000 - 400,000) - 100,000

Gross profit= -$30,000

Gross Loss of $30,000 in Year 2

4 0

3 years ago

Question 35 Unsaved Which of the following is an advantage of increasing your market share? Question 35 options:

Gnesinka [82]

<span>Which of the following is an advantage of increasing your market share? </span>C. Building your reputation When you have a good product, quantity and value are set at a rate that is important to the consumer, they are more likely to purchase your product. When the product meets their expectations, this set a good foundation to build the company's reputation on.

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3 years ago

Miguel has been working at his job for 3 years and already filled out a W-4 when he was first hired. This year, he just got marr

Illusion [34]

Based on the information regarding the W-4, the thing that should be done next will be C. Request to fill out a new W-4 from his employer.

The W-4 form simply tells the employer, the filing status of the employee, amount of credits, multiple jobs adjustment, amount of other income, deductions, etc that are needed to compute the federal income tax.

Since Miguel was single when he started working with the company but was now married, he should request to fill out a new W-4 from his employer.

Learn more about tax on:

brainly.com/question/1133253

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2 years ago

Read 2 more answers

What is a tax bracket?

MAXImum [283]

Answer:

Tax brackets show you the tax rate you will pay on each portion of your income

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3 years ago

When preparing a direct materials budget, the required purchases of raw materials in units equals: Question 9 options: A) raw ma

Degger [83]

Answer:

A. Materials to purchase = RM needed for production + RM ending - RM beginning

Explanation:

There are already RM in stock which can satisfy partially RM for production need and RM for desired ending stock so for this amt, purchase should be lowered.

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4 years ago