Answer:
A hard currency
Explanation:
A monetary unit that is freely and easily converted into other currencies is a hard currency.
The value of this currency neither depreciates suddenly nor fluctuate to a great extend.
This currency is considered politically and economically stable by the nation.
Hard currencies can also be used as a form of payment for goods and services.
Answer:
The Major Career Options (Traditional Career Paths) in the Travel and Tourism Sector are:
Holiday/Travel Agent.
Tourism Manager.
Travel Officer or Travel Agency Co-ordinator.
Travel Counselor or Travel Consultant.
Airlines Staff.
Tourist Guide.
Transport Officer
Answer:
Owners are not required to pay it to foreign workers.
Explanation:
The minimum wage policy should offer protection to all employees. The policy should not discriminate against any group of workers, such as the youth, women, or immigrants. The wage policy applies in all types of contractual agreements. The policy seeks to protect the most vulnerable category of workers.
Only a few groups are excluded from the policy and with reasons. They include workers in the informal economy and domestic workers.
Answer:
$102,870
Explanation:
The computation of Total cash disbursements is shown below:-
Variable overhead = Direct labor budget × Variable overhead rate
= 8,100 × $1.40
= $11,340
Fixed expenses incurred in cash = Total fixed expenses - Depreciation
= $100,440 - $8,910
= $91,530
Total cash disbursements = Total variable manufacturing overhead + Fixed cash overhead
= $91,530 + $11,340
= $102,870
Therefore for computing the Total cash disbursements we simply applied the above formula.
Answer:
The effective price you received for the car was $5,987
Explanation:
Effective price of the car can be calculated by the Net Present values of all the cash flows associated with the note.
Using following present value formula for each cash flows
Pv = FV / ( 1 + r )^n
Net Present Value of all call flows = [ $1,000 / ( 1 + 6% )^1 ] + [ $2,000 / ( 1 + 6% )^2 ] + [ $2,000 / ( 1 + 6% )^3 ] + [ $2,000 / ( 1 + 6% )^4 ]
NPV = $943.4 + 1,780 + $1,679.24 + $1,584.19 = $5,986.83 = $5,987
