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Nonamiya [84]
2 years ago
5

If japanese autos surge in popularity in the united states, then this event is most likely to cause the japanese yen to?

Business
1 answer:
romanna [79]2 years ago
5 0

If japanese autos surge in popularity in the united states, then this event is most likely to cause the japanese yen to appreciate and the U.S dollar to depreciate.

<h3>What are the automotive industries in the Japan?</h3>

The automotive industry in Japan is considered as one of the most prominent and largest industries in the world. It is a major pillar of the country's economy.

Some of the major Japanese automotive manufacturers include Toyota, Nissan, Mazda, Subaru, Mitsubishi, Honda, Suzuki, Isuzu, Daihatsu, and Mitsuoka.

Basically, the automotive sector in Japan is the third-largest automotive producing industry in the world.

Learn more about automotive industries in Japan here:

brainly.com/question/23137181

#SPJ1

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Wolf Den Craft Beers projects that it will need​ $50 million in total assets to meet the sales projection of​ $65 million. The p
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Answer:

$5 million

Explanation:

As we know the asset is financed from two capital sources equity and liability.

Using Accounting equations as follow

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Total Assets Value = Equity Value + ( Account Payable + Accrued expenses + Long-Term Debt )

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Exercise 13-12 Ivanhoe Company includes one coupon in each box of soap powder that it packs, and 10 coupons are redeemable for a
IRINA_888 [86]

Answer: Please see below

Explanation:

1) Journal to record  the purchase of  9000 premiums at 85 cents

Year Account Title and explanations        Debit      Credit

2020 n Inventory of premium                     $7,650

            Cash                                                                  $7,650  

working

Purchase price= Number of units purchased x price per unit

9000 x 0.85= $7,650

2) Journal to record  the sale  of 109,000 boxes at $3.10

Year Account Title and explanations        Debit               Credit

2020                    Cash                              $337,900

     Sales Revenue                                                    $337,900                                    

working

Sale price= Number of units sold x price sold per unit

109,000 boxes x $3.10= $337,900

3) Journal to record  the premium expenses

Year       Account Title and explanations        Debit      Credit

2020               Premium    Expenses                 $4,080

Inventory on premium                                                  $4080

working

Premium expenses= coupons presented for redemption / number of coupons to redeem premium x price per premium

= 48,000/10 x 0.85 = $4,080

4) Journal to record  the premium liability

year    Account Title and explanations        Debit      Credit

2020   Premium    Expenses                 $1,479

       Premium liability                                                 $1,479

working

 Estimated redemption on number of boxes sold  = number of boxes sold x probability of redemption= 109,000 x 60 %=  $65,400

premium liability of coupons  = estimated redemption of premiums - number of coupons already redeemed

= 65,400- 48,000 = 17,400

Cost of premium liabilty = premium liability of coupons /number of coupons per premium x rate per premium

17,400/10 x 0.85 ==$1,479

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