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icang [17]
2 years ago
11

If the exchange rate between the u.s. dollar and japanese yen changes from $1=70 yen to $1=100 yen, then?

Business
1 answer:
bulgar [2K]2 years ago
8 0

<u>If the exchange rate between the U.S. dollar and </u><u>Japanese </u><u>yen changes from</u><u> $1 = 100 yen</u><u> to </u><u>$1 = 90 yen,</u><u> then: Japanese tourists to the U.S. will benefit.</u>

What happens in the foreign exchange market when a surplus of dollars exists?

  • The supply and demand of each currency must be equal in order for the foreign exchange market to be in equilibrium, as it is in every market.
  • Until equilibrium is reached, the exchange rate will change according to whether there is a surplus or shortage on the market.

What connection exists between the supply of foreign currency and the exchange rate?

  • This decreases demand for exports and reduces the amount of foreign currency available, much like how domestic goods become more expensive for foreign consumers when the foreign exchange rate declines.
  • As a result, there is a direct connection between the supply of foreign currency and the foreign exchange rate.

Learn more about foreign exchange

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A​ country's travel exports​ (good and services that international travelers buy while visiting the​ country) are increasing exp
nasty-shy [4]

Answer:

(a)In 2018, V(t)=$207.05 billion

In 2020, V(t)=$246.90 billion

(b)The export growth rate in 2018 is $18.22 billion per year

The export growth rate in 2020is $21.73 billion per year

Explanation:

The value of exports, t years after 2011 can be approximated by:

V(t)=111.83 e^{0.088 t}

(a)We want to estimate the value of the country's travel exports in 2018 and 2020.

Now, 2018-2011=7 years

Therefore, in 2018

V(7)=111.83 e^{0.088 *7}\\=\$207.05$ billion

Now, 2020-2011=9 years

Similarly, in 2020

V(9)=111.83 e^{0.088 *9}\\=\$246.90$ billion

(b)Growth rate

If V(t)=111.83 e^{0.088 t}, then:

V'(t)=111.83(0.088) e^{0.088 t}\\V'(t)=9.84104 e^{0.088 t}

Growth rate in 2018 (at t=7)

V'(7)=9.84104 e^{0.088*7}\\=\$18.22$ billion per year

Growth rate in 2020 (at t=9)

V'(9)=9.84104 e^{0.088*9}\\=\$21.73$ billion per year

5 0
3 years ago
The following account balances were taken from the 2021 adjusted trial balance of the Bowler Corporation: sales revenue, $485,00
jekas [21]

Answer:

Bowler Corporation

Income Statement for 2021

Sales revenue                                    $485,000

Less Cost of goods sold                  ($248,000)

Gross Profit                                         $237,000

Less Expenses

salaries expense              $61,000

rent expense                    $36,000

depreciation expense     $46,000

miscellaneous expense  $28,000   ($171,000)

Net Income/ (Loss)                             $66,000

Explanation:

Income Statement shows the Operating performance of the the company over the financial period.

Income/loss = Sales - Expenses.

8 0
3 years ago
A company that has never previously issued securities registered with the Securities and Exchange Commission, can register in a
tatiyna

Answer:

C. II and III

Explanation:

These are the options for the question

I Filing

II Coordination

III Qualification

A. I only

B. II only

C. II and III

D. I, II, III

The Securities and Exchange Commission (SEC) can be regarded as an oversight agency of U.S. government, which responsible for regulation of securities markets as well as protection of investors. civil actions can be taken by SEC against lawbreakers, they aworks hand in hand along with Justice Department on criminal cases. For a company to register under them , there must be Coordination and Qualification. It should be noted that company that has never previously issued securities registered with the Securities and Exchange Commission, can register in a State by Coordination and Qualification

5 0
3 years ago
The practice of comparing a company with its prior performance or with best practices from other companies is called A. benchmar
KatRina [158]

Answer:

A. benchmarking

Explanation:

In companies; benchmarking is the good practice as it compares the company's business processes and performance metrics to industry. There are four types of benchmarking which are internal, competitive, functional and generic. Benchmarking always facilitate to seek the best practices of your competitor and learn it to implement or take strategic decisions. Based on the data and information which is derived from benchmarking; company can modified its strategies towards the achievement of objective to excel among competitors.

3 0
3 years ago
Selling price per unit is $68
kari74 [83]

Answer:

Income statement

Sales Revenue                                                                     $  612,000

Variable Overhead cost                                                      $  (315,000)

Fixed manufacturing overhead                                            <u>$ ( 126,000)</u>

Gross Profit                                                                            $   171,000      

Variable Operating expenses                                              $ (    27,000)

Fixed Operating expenses                                                    <u>$(    93,000)</u>

Net Income                                                                              $    51,000

Explanation:

Income statement

Sales Revenue ( 9,000 units * $ 68)                                    $  612,000

Variable Overhead cost ( 9,000 * $ 35 )                             $  (315,000)

Fixed manufacturing overhead                                            <u>$ ( 126,000)</u>

Gross Profit                                                                            $   171,000      

Variable Operating expenses ( $ 3 * 9000 units)               $ (    27,000)

Fixed Operating expenses                                                    <u>$(    93,000)</u>

Net Income                                                                              $    51,000

4 0
3 years ago
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