Answer:
c
Explanation:
Foreign exchange is the rate at which one currency is exchange for another currency
for example : $1 = N 382.50
If a currency appreciates, it value increases
e.g. if the dollar appreciates against the naira, the exchange rate becomes $1 = N 500
If the central bank prevents an appreciation of its currency by intervening in the foreign exchange market and selling its currency for foreign currency, domestic money supply increases and aggregate demand decreases. this would lead to a reduction in the value of the currency
The telephone is an important tool
Answer:
Earnings Per Share = $3.6
Explanation:
Given
Net Income Average = $33,480
Weighted-average common shares outstanding = 9,300
Shares sold = 4,300
Required
Calculate the company's earnings per share.
Earning per share is calculated as thus;
Let N represent the Net Income; P represent the Preferred Dividend and W represent the Weighted-average common shares outstanding
The question says there was no preferred stock;
So, P= 0
Substitute $33,480 for N and 9,300 for W.
The formula becomes;
Hence, the calculated Earnings per share of Mayan company is $3.6
Answer:
Option B is the correct answer,a credit to salaries payable for $10,350
Explanation:
First of all,the net payment of salaries of Arcon Company equal the gross salaries expenses of $14,000 minus the deductions except the federal unemployment tax of $210
Net pay=$14,000-$1,050-$2,600=$10,350
In to record the salaries,the salaries expense account would be debited with $14,000 while the social security and medical taxes payable and federal income taxes payable account are credited with $1,050 and $2,600 respectively.
The net pay of $10,350 is credited to salaries payable in expectation of actual payment
Answer:
D. flexible budget variance for variable costs
