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2 years ago

When the brazilian real changes from 1000 real per u. s. dollar to 1500 real per u. s. dollar, the real is?

1 answer:

4 0

When the Brazilian Real changes from 1000 real per U. S. dollar to 1500 Real per U. S. dollar, the real is devalued.

If the Brazilian Real appreciates relative to the U.S. dollar, the number of reals furnished increases because the lower fee (in real) for U.S. goods induces Brazilians to shop for extra U.S. products.

If an international location's actual trade price is growing, its method of its of goods has become extra costly relative to its competitors. Growth within the actual alternate charge means humans in a country can get more foreign goods for an equal quantity of domestic goods.

While the dollar appreciates, exports lower because they may be now more pricey for foreigners to shop for and imports growth inflicting internet exports to decrease. When the dollar appreciates, exports lower because they're now greater high-priced for foreigners to shop for and imports grow to inflict net exports to decrease.

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Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March.

Flura [38]

Answer:

Warnerwoods Company

Perpetual Inventory System:

1. Cost of Goods Available for Sale and Units Available for Sale:

Mar. 1 Beginning inventory 60 units $50.20 per unit $3,012

Mar. 5 Purchase 205 units $55.20 per unit 11,316

Mar. 18 Purchase 65 units $60.20 per unit 3,913

Mar. 25 Purchase 110 units $62.20 per unit 6,842

Available for Sale 440 units Cost = $25,083

2. The number of units in ending inventory:

Units Available for Sale 440

Subtract units sold 310

Ending Inventory 130 units

3. The Cost assigned to ending inventory using:

a) FIFO: Ending Inventory

20 units at $60.20 per unit = $1,204

110 units at $62.20 per unit = 6,842

Ending Inventory $8,046

b) LIFO: Ending Inventory

Mar. 1 Beginning Inventory 45 units $50.20 per unit = $2,259

Mar. 18 Purchase 65 units $60.20 per unit = 3,913

Mar. 25 Purchase 20 units $62.20 per unit = 1,244

Ending Inventory 130 units Cost = $7,416

c) Weighted Average: Ending Inventory

Cost of Goods Available for Sale divided by units available for sale

= $25,083/440 = $57 per unit

Ending Inventory = $57 x 130 = $7,410

d) Specific Identification: Ending Inventory

This cannot be answered from the information provided in the question:

4. Gross Profit for each costing method:

FIFO LIFO WEIGHTED SPECIFIC

AVERAGE IDENTIFICATION

Sales $27,312 $27,312 $27,312 $27,312

Cost of Sales 17,037 17,667 17,670

Gross Profit $10,275 $9,645 $9,642

Explanation:

a) Sales:

Mar. 9 Sales 220 units $85.20 per unit = $18,744

Mar. 29 Sales 90 units $95.20 units = 8,568

Total = $27,312

b) Cost of Sales:

i) FIFO

Mar 1. Beginning inventory 60 units $50.20 per unit = $3,012

Mar. 5 Purchase 205 units $55.20 per unit = 11,316

Mar. 18 Purchase 45 units $60.20 = 2,709

Cost of Sales = $17,037

ii) LIFO:

Mar. 1 Beginning inventory 15 units $50.20 per unit = $753

Mar. 5 Purchase 205 units $55.20 per unit = $11,316

Mar. 25 Purchase 90 units $62.20 per unit = $5,598

Cost of Sales = $17,667

iii) Weighted Average:

Cost of Sales = $57 x 310 = $17,670

c) Calculations under the specific identification cannot be made because of the figures given under this method.

5 0

4 years ago

Private ownership of resources exists in _________________ and _________________ economies.

Kay [80]

Personal ownership of resources exists in capitalism and command economies.

Ownership is the legal proper to possess something. An instance of ownership is possessing a selected house and property. noun.

Ownership refers to the felony proper of an character, group, agency or government to the ownership of a thing. The difficulty of ownership is of types cloth and immaterial things. material possession is that which is tangible like belongings, land, vehicle, e-book, and many others. A shareholder is someone, employer, or institution that owns at least one share of a company's inventory or in a mutual fund. Shareholders essentially own the organization, which comes with certain rights and obligations. This kind of possession allows them to acquire the blessings of a commercial enterprise's success.

Ultimately, taking ownership is vital because it builds consideration, assistance, and bonds with humans you care about. A group cannot thrive without a subculture of responsibility as it's what continues everybody operating together toward a collective, described organizational undertaking.

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6 0

2 years ago

John is an electrician who runs his own small shop. When tax season comes, he hires an accountant from one of "the Big Four" acc

Alex Ar [27]

Answer:

When tax season comes, he hires an accountant from one of "the Big Four" accounting firms to help him file his business's tax return. In this scenario, John has most likely hired a <u>Tax</u> Accountant

Explanation:

A Tax Accountant helps the individual or businesses that hire them fill out their tax forms properly, advise them about future financial moves that can affect their taxes and file taxes with the appropriate documentation electronically so that your clients receive their refunds as quickly as possible.

They can work as a direct employee or as an independent contractor who runs their own business.

They take charge of tax preparation and help your clients to lower their tax obligations when filing tax returns.

If an individual is audited, they handle this audit for them to ensure that the individual gets through the process unharmed.

8 0

3 years ago

Read 2 more answers

Suppose a farmer in Georgia begins to grow peaches. He uses $1,000,000 in savings to purchase land, he rents equipment for $5

Sidana [21]

Answer :

A. 305,000

B. 370,000

3 0

4 years ago

Closing prices of two stocks are recorded for 50 trading days. The sample standard deviation of stock X is 4.638 and the sample