Answer: (1) 10 euros (2) 15dollars
Explanation:
S= P1 /P2
where:
S= Exchange rate of currency 1 to currency 2
P1 = Cost of good X in currency 1
P2 = Cost of good X in currency 2
(1) s = 1.5, P1 = 15 dollars, P2 = ???
so,
1.5 = 15 / P2
P2 = 15/1.5 = 10 euros
Hence, according to the theory of purchasing power parity,
The price of a haircut that cost 15 dollars in Dallas will be 10 euros in Paris.
(2) S = P1/P2
taking 1 euro to 1.5dollars exchange,
1.5 = P1/P2 but P2 = 10 euros
hence P1 = 1.5 x 10 = 15 dollars.
Hence, according to the theory of purchasing power parity,
A wheel of French cheese that costs 20 euros in Paris should cost 15dollars in Dallas
Answer:
285,000 common stock outstanding with a $8 par value
it declares 13% stock dividend
market price at $16
since the stock dividend is considered small (less than 20%), we use the market price to record it
December 1, 202x stock dividends are declared (37,050 stocks)
Dr Retained earnings 592,800
Cr Common stock dividends distributable 296,400
Cr Additional paid in capital 296,400
December 31, 202x, distribution of stock dividends
Dr Common stock dividends distributable 296,400
Cr Common stock 296,400
Answer:
a set of assumption framework and methodologies used in the study of application of financial reporting principles
Answer:
They display:
- phone number
- business address;
- a map marker along with the business owner's ad text.
Explanation:
Location extensions give the opportunity a business owners to display the following:
- phone number
- business address;
- a map marker along with the business owner's ad text.
Location extensions are of two types:
1. Google Ads location extensions also give the opportunity to display phone number, business address; and a map marker along with the business owner's ad text.
2. Affiliate location extensions make it easy to discover a retail chains outlet that is nearby selling what you want to buy. The purpose is to serve the owners of retail chains outlets who want customers who are making decisions on what and where to buy commodities to find their outlets.
Answer:
Factors to consider:
1. Specialisation role
2. Complexity of sales process
3.Tenure
4.Geographical coverage
5. Sales Representative leadership
6. Support network
7. Internal Bureaucracy
8. Value add of managers
Factors not to consider;
1. Market share
2. Production process
3. Distribution process
4. Personal affiliation, race or religion
Explanation:
When considering a company's span of control, which simply means the number of junior staff a manager should manage, it is important to note factors relating to geographical coverage, a wide coverage can create difficulties in supervision to a manager. Consequently reducing the span of control.
Specialisation also help in ensuring the manager is an expert in the area he or she supervise. Experienced manager with good understanding of the tasks, good knowledge of the workers and good relationships with the workers, will be able to supervise more workers
The complexity of a sale process can affect a manager's supervision performance. if the sale process for example require an online payment to a final user who may not be physically available. Supervising such sales requires adequate training.
Other factors like; Tenure, Sales Representative leadership, Support network, Internal Bureaucracy, Value add of managers are paramount in determining span of control. However, market share, production process, distribution process and personal affiliation, race and religion should not affect the span of control.
