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2 years ago

What are the consequences of a global basket of currencies in the world?

1 answer:

5 0

A currency basket is a collection of various currencies with varying weightings. It is frequently used to determine the market value of another currency, a procedure known as currency peg. Forex traders may also use basket orders to trade many currency pairs at the same time.

Currency baskets are also used in contracts to minimize (or reduce) the risk of currency changes. Currency baskets include the European currency unit (which was replaced by the euro) and the Asian currency unit. The most well-known currency basket, though, is the US dollar index (USDX).

The drawbacks are:

The first thing to make is that a basket currency peg system is opaque.
The second issue is that an intermediate regime often limits certain sorts of policy collaboration and may even allow policy conflict.
The third drawback, and arguably the most important, is that the basket currency system makes no declaration of the criteria governing management.

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Oakland Tax Planning Service bought computer equipment for on January 1, 2018. It has an estimated useful life of four years an

sergejj [24]

Answer:

C. $4,500

Explanation:

The computation of the depreciation expense using the straight-line method is shown below:

= (Cost - residual value) ÷ Useful life of the asset

= $24,000 ÷ 48 months

= $500

Now for 9 months, it is

= $500 × 9 months

= $4,500

Hence, the depreciation expense is $4,500

Therefore the correct option is c. $4,500

4 0

3 years ago

If a contract provides a set amount of income for two or more persons with the income stopping upon the first death of the insur

Alexeev081 [22]

If a contract provides a set amount of income for two or more persons with the income stops upon the first death of the insured, it is called a <u>Joint life annuity.</u>

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A contract is an agreement between private events creating mutual obligations enforceable by law. The basic factors required for the settlement to be a legally enforceable settlement are mutual assent, expressed by way of a legitimate offer and popularity; good enough consideration; capability; and legality.

The three maximum common settlement sorts consist of fixed-price contracts. cost-plus contracts. Time and substances contract. An instance of the contract is a loan settlement between shoppers and dealers of a vehicle. An example of a contract is a settlement between two human beings to be married.

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3 0

2 years ago

A(n) _____ is central to individuals and organizations of all sizes and ensures that information can be shared across all busine

adoni [48]

Answer:

b. enterprise system

Explanation:

Enterprise System -

It is also known as enterprise resource planning ( ERP ) .

It is a type of cross - functional information system which give the organisation wide integration and coordination about the business process which enable to plan the efficiently the resources of the business .

Many organisation in recent times , adapt to alter some of the distinct data and information , with the help of a common or one system which can enable to help the activities of the business , such function are known as enterprise system .

hence , from the question , the correct term according to the given information is b. enterprise system.

4 0

3 years ago

Brown Street Grocers has a cost of equity of 11.8 percent, a pre-tax cost of debt of 6.9 percent, and a tax rate of 35 percent.

Nastasia [14]

Answer:

The correct answer to the following question is option E) 9.06% .

Explanation:

Here the cost of equity given is - 11.8%

Pre tax cost of debt- 6.9%

Tax rate- 35%

So the after tax cost of debt - 6.9% x 65%

= 4.485%

The debt to equity ratio - .6

So the weight of debt - .6 / ( 1 + .06 )

= .375

Weight of equity - 1 / ( 1 + .06 )

= .625

Weighted average cost of capital =

Debts cost x weight of debt + Equity cost x weight of equity

= 4.485 x .375 + 11.8 x .625

= 1.681875 + 7.735

= 9.06%

7 0

3 years ago

Which button in the Print Preview tab allows users to set specific margins on the page of a report?

Irina-Kira [14]

Answer:

Page Setup

Explanation:

Page set up allows users to determine how a print out will appear. The user can customize the page size and layout. The page setup dialog box is available under the Layout tab in the Ribbon menu.

Page layout makes it possible for users to set the print parameters. These parameters include paper size, page orientation, page margins, and quality of the print.

6 0

3 years ago