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Nadya [2.5K]
2 years ago
6

In the summer of 2002, the euro was valued at slightly less than US$1. By 2008, it had risen to an all-time high of $1.60, but i

n late 2017, the euro was once again slightly less than $1. This change in value is called
Business
1 answer:
Kisachek [45]2 years ago
8 0

The answer is foreign currency fluctuations.

Foreign currency fluctuations are basically the change in the values of currencies based on the demand of that currency.

In other words, the more the number of investors invests in the stocks regulated by the stock market to buy exports of any country, the more will be the value of the currency of that particular country and vice versa.

Foreign currency fluctuation occurs for all floating currencies all over the world.

Since in the given case, the value of the euro changes from US$1 to US$1.60 from 2002 to 2008 respectively.

Hence, this change in value is called Foreign currency fluctuations.

Learn more about Demand:

brainly.com/question/1245771

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Ajax Inc. was formed on April 25 and elected a calendar year for tax purposes. Ajax paid $13,200 to the attorney who drew up the
vampirchik [111]

Answer: $5510

Explanation:

For organizations cost up to $50,000, there'll be a deduction of $5000. The remaining non deductible expense will then be spread out for 180 months. Here, the non deductible cost will be:

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= $20300 - $5000

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The capitalized cost will then be:

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Since there's an ammortization of 6 months from July, then the capitalized cost will be:

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Therefore, the amount that should be deducted on its first tax return will be:

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8 0
2 years ago
George gets paid on fridays for a week's work, mai ling gets paid for every five wedding veils she sews and completes. george is
asambeis [7]

Answer:

George is on a<u> fixed interval</u>

Mai Ling is on a <u>fixed ratio</u>

Explanation:

A schedule is the delivery rate or frequency of a booster.

A fixed interval refers to the amount of time the reinforcement delivery rate has occurred over a predictable period of time, such as George, who is paid weekly for his work.

A fixed ratio occurs when rewards are delivered on a consistent schedule basis. As in the case of Mai Ling who gets paid after certain completed tasks, which corresponds to the number of tasks she performs to receive certain reinforcement.

6 0
3 years ago
Strike, a clothing manufacturer from Minnesota, offered to sell Bailey, the owner of a clothing store in Colorado, one thousand
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There was no contract since there was no mutual agreement on the shipping company.

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For a contract to be enforceable, it is necessary to have proper offer and acceptance by the two parties. In this case, Strike made an offer and Bailey accepted the stated price but added that the shipping has to be done by Yellow Express Truck Line and not Dependable Truck. Since there was no agreement reached on the shipping company by both the parties, the contract isn't enforceable.

6 0
3 years ago
The rate of return on common stock equity is calculated by dividing net income by average common stockholders' equity. net incom
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I don’t have a clue
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Which type of organization means that there are few or no levels of managers in between the top people who run the company and t
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The type of organization is "flat organization".
Other names that are used for the flat organization are:
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</span>
The structure of flat organization alludes to having a generally modest number of layers in your organization's authoritative graph. This is because of a generally higher traverse of control and moderately less layers of administration.
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3 years ago
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