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PtichkaEL [24]
2 years ago
5

Currency that derives its value from the amount printed on it rather than from the value of the paper or metal from which it is

made is referred to as ______ money.
Business
1 answer:
labwork [276]2 years ago
7 0

Currency that derives its value from the amount printed on it is known as fiat money.

<h3>What is fiat money?
</h3>

Fiat money is currency whose value is not backed up by any asset. The value of fiat money is dependent on the amount printed on it. This differs from representative money whose value depends on the value of the metal from which it is made from.

To learn more about money, please check: brainly.com/question/940436

#SPJ1

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Data for March for Lazarus Corporation and its two major business segments, North and South, appear below: Sales revenues, North
JulijaS [17]

Answer:

Lazarus Corporation

A properly constructed segmented income statement in a contribution format would show that the net operating income of the company as a whole is:

= $47,000.

Explanation:

a) Data and Calculations:

                                       North        South            Total

Sales revenues          $380,000   $230,000   $610,000

Variable expenses       213,000       104,000      317,000

Contribution               $167,000    $126,000   $293,000

Fixed expenses:

  Traceable                   65,000       25,000        90,000

  Common                    84,000        72,000      156,000

  Total                       $149,000      $97,000   $246,000

Operating income      $18,000      $29,000     $47,000

b) Segmented income statement is prepared to show the contributions and operating income generated from different segments of the entity.  It helps to evaluate performances of segments and to identify profitable or less profitable segments.

7 0
2 years ago
A rise in the domestic real interest rate would cause a ________ in net exports and a ________ in the exchange rate.
Kisachek [45]

A rise in the domestic real interest rate would cause a fall in net exports and a RISE  in the exchange rate.

In general, businesses and consumers spend less when interest rates are high. This is because borrowing money costs more when interest rates are high. As a result, companies frequently turn to the stock market to raise money, which can cause stock values to decline.

An increase in interest rates causes the local currency to appreciate. In comparison to domestic goods and services, import prices decline. Exports see a decline in profitability and competition. Exports decline while imports rise, reducing the net export portion of total demand and spending.

To learn more interest rate would cause a fall in net exports and a RISE  about:

brainly.com/question/28475254

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5 0
1 year ago
The amount of income under absorption costing will be more than the amount of income under variable costing when units manufactu
Sholpan [36]

Answer: A.exceed units sold

Explanation:

In Absorption Costing, All costs be it Fixed or Variable that are directly related to production are considered when computing the Cost of Production.

Under Variable Costs however, only variable Costs are considered for the computing of Cost of Production.

This difference in consideration of costs under each method leads to difference in income determination under each method.

Under Absorption Costing, fixed manufacturing costs are apportioned on produced units and the costs are only recovered when the units are sold but under variable costing, fixed manufacturing costs are treated as period costs and are therefore charged to the Income statement.

This means that, the amount of income under absorption costing will be more than the amount of income under variable costing when units manufactured exceed units sold.

8 0
2 years ago
Charity Hospital is holding its annual gala in a fancy downtown hotel. Tickets are $200 each, and the organization estimates tha
allsm [11]

Based on the amount paid for the tickets and their fair value, the portion that is entitled to <u>charitable contribution deduction</u> is $75.

When one buys a ticket to a charitable event, there is a chance that some of the ticket price can be treated as a charitable contribution deduction.

The part that can be treated as such is anything in excess of the fair value of the ticket. This amount in this case is:

= 200 - 125

= $75

In conclusion, the answer is $75.

Find out more on <u>charitable contribution deductions</u> at brainly.com/question/8706786.

5 0
2 years ago
A firm has an issue of $1,000 par value bonds with a 8 percent stated interest rate outstanding. The issue pays interest annuall
dem82 [27]

Answer: $1268.20

Explanation:

value of the bond today = Present value of coupon (interest) payments + present value of principal = 120[PVOAIF8%, 10] + 1000[PVIF8%, 10] =1,268

6 0
3 years ago
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