Group of answer choices.
A. German tourists traveling abroad.
B. American tourists traveling in France.
C. Canadian firms selling in Germany.
D. Canadian investors with money investments in Germany.
Answer:
B. American tourists traveling in France.
Explanation:
A foreign exchange market can be defined as a type of market where the currency of a country is converted to that of another country.
For example, the conversion of the United States of America dollars into naira, rands, yen, pounds, euros, etc., at the foreign exchange market.
In this context, a stronger euro is less favorable for American tourists traveling in France because the currency of the Americans, which is the U.S dollars would exchange at a far lesser rate to the euros.
However, a stronger euro would be more favorable for German tourists that are traveling abroad, Canadian firms that trade or sells its products in Germany, and Canadian investors who are having money investments in Germany.
Note: Euro is the official currency (legal tender or money) of Germany.
Answer:
The Purchased 5,000 shares at $95,000 would be considered as <u>Treasury stock</u> and it will be treated as <u>Asset</u>
Explanation:
Journal Entry Debit Credit
Treasury stock $95,000
Cash $95,000
The 5,000 shares should be considered as authorized , issued and outstanding shares although they are deducted from paid in capital under stockholders equity section.
Answer:
B) The money they saved in the past is worth less in the future
Explanation:
Answer:
When silo gimp graduated from college with a degree in flower growing. He was voted AS THE FLORIST OF THE YEAR
Explanation:
Anyone that studies flower growing or horticulture is a florist or could be voted as one which made Silo to win such an award.
a. The probability that a student goes to seek for minor clarification from the professor during office hours = 6%.
b. The probability that a student goes to the professor for major clarification = 14%.
Data and Calculations:
Percentage of students in the class who go to the professor to seek clarifications = 20% (a)
Percentage of students in the class who do not go to the professor to seek clarifications = 80% (100% - 20%) (b)
Percentage of (a) who seek minor clarification = 30%
Percentage of (a) who seek major clarification = 70%
Probability of (a) seeking minor clarification = 6% (20% x 30%)
Probability of (a) seeking major clarification = 14% (20% x 70%)
Thus, the probability of students seeking minor clarification is 6% while the probability of students seeking major clarification is 14%.
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