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1 year ago

A depreciation of the u.s. dollar the price of u.s. imports, and the price of u.s. exports.

Business

1 answer:

Drupady [299]1 year ago

3 0

A depreciation of the U.S dollar rise the price of U.S. imports, and fall in the price of U.S exports.

In a floating exchange rate system, currency depreciation refers to the decline in value of a nation's currency in relation to one or more foreign reference currencies.

Currency depreciation can happen for a variety of causes, including weak economic fundamentals, interest rate differences, political unrest, investor risk aversion, etc.

The exchange rate affects whether there is a trade surplus or deficit; a depreciated domestic currency encourages exports and raises the cost of imports. A strong native currency, on the other hand, makes imports more affordable and hinders exports.

To learn more about depreciation of currency click here:

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1. A company hires one of its board members, a CPA, to issue accounting reports for thecompany. Assuming any required disclosure

Stella [2.4K]

Answer:

Compilations.

Explanation:

A compilation is part of the write-up service of accounting firms that involves conversion of data into financial statements without providing assurances or auditing services.

A compilation report usually accompanied the financial statements to show that data is well represented, and also to show that there has been no audit so the accountant is not giving an opinion.

So the CPA will not be violating independent rules by working on compilations.

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2 years ago

The current price of a 10 year $1000 par value bond is $1158.91. Interest on this bond is paid every 6 months, and the nominal a

tatuchka [14]

Answer:

16.22%

Explanation:

To calculate the annual coupon rate, you can use the following formula:

Coupon Rate= (Annual coupon payment/Par value of the bond)* 100%

Annual coupon payment= $1158.91*14%= 162.2

Par value of the bond= $1000

Coupon Rate= (162.2/1000)*100%

Coupon Rate=0.1622*100%

Coupon Rate= 16.22%

The annual coupon rate on this bond is 16.22%

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2 years ago

The entry to record the amortization of a patent would include a debit to __________ and a credit to __________. Amortization Ex

Advocard [28]

Answer: Amortization Expense; Patents

Explanation:

The entry to record the amortization of a patent would include a debit to the amortization expense and a credit to the patents.

The journal entry will be:

Debit Amortization expenses XX

Credit Patents XX

Therefore, the correct option is A.

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3 years ago

Padraig receives total employment compensation of $70,000 and had $2,000 in job expenses. Which of the following could be true a

dimulka [17.4K]

<u>Answer:</u> Option C

<u>Explanation:</u>

The total compensation along with benefits are $72000. When the employee benefits calculated the annual gross pay given in option C . 12.5% interest calculated on $64000 will give total compensation of $72000.

Calculation of total compensation

Employee benefits = $64000 x 12.5/100

=$8000

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=$72000

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3 years ago

Read 2 more answers

A manager tells her production employees, "It's no longer good enough that your work falls anywhere within the specification lim

ololo11 [35]

Answer:

The answer is D. Taguchi concepts.

Explanation:

The Taguchi method of quality control is an approach to engineering that emphasizes the roles of research and development (R&D), product design and development in reducing the occurrence of defects and failures in manufactured goods.

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2 years ago

A depreciation of the u.s. dollar ________ the price of u.s. imports, and ________ the price of u.s. exports.

A depreciation of the u.s. dollar the price of u.s. imports, and the price of u.s. exports.