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2 years ago

To measure the strength of a currency, you can

2 answers:

4 0

C. Foreign

The face value of a currency compared to its purchasing power against other (inter)national currencies determines the currency’s strength

Likurg_2 [28]2 years ago

3 0

The answer is c foreignnnn

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Assuming that the MR Corporation has an inventory of 200 defective motors costing $450,000 to produce and $150,000 to repair, if

ella [17]

<u>Answer: </u>True

<u>Explanation:</u>

Here for calculation of the profit or loss the cost of production cannot be used for comparison as they are the sunk cost it cannot be used for taking sale or rework decision. It is given the proceeds from the sale of inventory would be $425,000 and the cost of rework will be $150,000.

Net proceeds from sale of units = 425000 - 150000

=$275,000

It is clear that these profits are lower than the sale of these units without repair. Sale proceeds without repair is $325,000. So MR corporation can make decision to sell the units without repair for better benefits.

6 0

3 years ago

Parker Corp. owns 80% of Smith Inc.'s common stock. During Year 1, Parker sold Smith $250,000 of inventory on the same terms as

IrinaVladis [17]

Answer:

c. $500,000

Explanation:

Given that :

Parker Corp. owns 80% of Smith Inc.'s common stock

During Year 1, Parker sold Smith $250,000 of inventory

Therefore; adjusted for inter Corp. sales = $250,000

The following information pertains to Smith and Parker's sales for Year 1:

Parker Smith

Sales $ 1,000,000 $ 700,000

Cost of Sales $400,000 $ 350,000

Total $ 600,000 $ 350,000

For the Unadjusted Cost of Sales of Parker and Smith = $400,000+$ 350,000

= $750,000

The amount that Parker should report as cost of sales in its Year 1 consolidated income statement = Unadjusted Cost of Sales - adjusted for inter Corp. sales

= $750,000 - $250,000

= $500,000

7 0

3 years ago

explaining the evolution of money commodity money, because it is valued more highly, tends to drive out paper money. paper money

Pachacha [2.7K]

Answer:

This is the complete answer and answer choices arranged properly

- In explaining the evolution of money:

A) government regulation is the most important factor.

B) commodity money, because it is valued more highly, tends to drive out paper money.

C) new forms of money evolve to lower transaction costs.

D) paper money is always backed by gold and therefore more desirable than checks.

The answer is:

C) New forms of money evolve to lower transaction costs

Explanation:

Money is the current medium of exchange worldwide in the form of coins and banknotes known as currency and varies from country to country. It evolved from being a commodity good, to metallic coin, bank, note, check, and plastic money in the form of cards.

Transactions between individuals were based on trade by barter, a system of exchanging goods between individuals who has a particular good but desire another to exchange the goods he has with another person who has the goods he desires, before the advert of money.

This system of trading by barter is limited in that it only allow for two people who have possession of goods that compliment what the other person is looking for and then locate each other.

With trading by barter, high transaction costs, exchange of goods was difficult and being unable to be carried out.

Money then evolve to lower this transaction costs and make exchange of goods possible without needing to have what another person wants and the trouble of finding them.

The evolution of money allowed individuals to enables and promote economic transactions and lowered the costs ingrained to those operations.

3 0

3 years ago

Read 2 more answers

Adams Company makes fine jewelry that it sells to department stores throughout the United States. Adams is trying to decide whic

Sauron [17]

Answer:

Bracelet A, Bracelet B

Total fixed cost = $15,000 $12,400

Total variable cost = $65 $77

Total Avoidable cost = $8,829 $6,941

Explanation:

According to the scenario, the given data are as follows:

For Bracelet A

Cost of material = $29

Cost of labor = 36

Advertising cost = 8,800

Annual depreciation = 6,200

For Bracelet B

Cost of material = $41

Cost of labor = 36

Advertising cost = 6,900

Annual depreciation = 5,500

So, Fixed cost for each products = Advertising cost + Annual depreciation

For Bracelet A,

Fixed Cost = 8,800 + 6,200 = 15,000

For bracelet B,

Fixed cost = 6,900 + 5,500 = 12,400

Now, Variable cost = Cost of material + Cost of labor

For Bracelet A

Variable cost = 29 + 36 = 65

For Bracelet B

Variable cost = 41 + 36 = 77

And Avoidable cost = Cost of material + Advertising cost

For Bracelet A,

Avoidable cost = 29 + 8,800 = 8,829

For Bracelet B

Avoidable cost = 41 + 6,900 = 6,941

6 0

3 years ago

A tax on _____ is an indirect tax land buildings income gasoline

stira [4]

The answer for that question would be : Gasoline

Indirect tax is the the tax that could be shifted from one payer to another. In united states, the Gasoline tax is shifted the consumers so everytime the consumers choose to buy the product they not only pay for the actual products, but they also have to pay the tax that shifted from the company.

3 0

3 years ago

Read 2 more answers