1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Leokris [45]
1 year ago
10

What does it mean to say that a currency appreciates? depreciates? becomes stronger? becomes weaker?

Business
1 answer:
erik [133]1 year ago
6 0

When a currency appreciates, it means it increased in value relative to another currency; Depreciates means depreciation or depreciation relative to other currencies. It is often said that the dollar is strong when it is bought by equal or greater value in another currency. If the purchase amount is less than the equivalent, it is weak.

An example of a currency would be the US banknotes you have on hand. It is one of the coins issued by the United States, along with pennies, nickels and quarters. Currencies are also banknotes and coins issued by governments of other countries around the world.

Currency is anything of general value as a medium of exchange that can be exchanged for goods and services. The trading system within an economy is based on a currency, usually country-specific and issued by that country's government.

Learn more about currency here:brainly.com/question/24373500

#SPJ4

You might be interested in
Which type of fund should you consider if you're seeking high long-term returns and can tolerate the normal ups and downs of the
guapka [62]

Answer:

growth funds

Explanation:

If you have done enough research in a particular company to invest in them then growth funds do generate a lot of profit however they are a bit risky.

4 0
3 years ago
Read 2 more answers
Which sales channel incentivizes every member of its network?
bulgar [2K]

Answer:

Channel incentives are a behavioral modification tool that influence channel partners – such as dealers, contractors, resellers, and vendors – to align their behaviors with overarching business goals. These behaviors could include: Increasing overall sales volume. Increasing sales for high margin products

Explanation:

7 0
3 years ago
Read 2 more answers
Maxie's Game World sold games to a customer on credit for $2,600, terms 1/10, n/30 and the cost of the games was $1,700. When re
aleksandrvk [35]

Answer:

$2,600 in the Accounts Receivable Dr./Sales Cr. column and $1,700 in the Cost of Goods Sold Dr./Inventory Cr. column.

Explanation:

If we assume that Maxie's Game World uses a perpetual inventory system, the appropriate journal entries should be:

Date XXX, merchandise sold on credit to client YYY, terms 1/10, n/30

Dr Accounts receivable 2,600

    Cr Sales revenue 2,600

Dr Cost of goods sold 1,700

    Cr Merchandise inventory 1,700

7 0
3 years ago
Assume that you and your best friend each have $1,000 to invest. You invest your money in a fund that pays 10% per year compound
marishachu [46]

Answer:

correct answer is c. You both have the same amount of money

Explanation:

given data

invest = $1000

pay compound interest = 10%

pay simple interest = 10%

time = 1 year

solution

we get here difference in the total amount that is your friend money -  your money  .................1

so difference in the total amount = invest × (1+rate)^{time} - [ invest + ( invest  × rate × time) ] ......................2

put here value

difference in the total amount = $1000 × (1+0.10)^{1} - [$1000 +  ( 1000  × 10% × 1) ]

difference in the total amount = 0

so correct answer is c. You both have the same amount of money

7 0
3 years ago
What is meant by the term “overhead” as it relates to a company’s financial<br> Operations?
REY [17]

Answer:

Overhead refers to the ongoing business expenses not directly attributed to creating a product or service. It is important for budgeting purposes but also for determining how much a company must charge for its products or services to make a profit

Explanation:

7 0
3 years ago
Other questions:
  • Lección 9 estructura | 9.3 ¿qué? and ¿cuál? 4 - escoger listen to this radio commercial and choose the most logical response to
    8·1 answer
  • A coupon bond that pays semiannual interest is reported in the Wall Street Journal as having an ask price of 117% of its $1,000
    13·1 answer
  • John is creating a presentation on the consumer price index, for his business class. He wants students to understand that food a
    5·1 answer
  • An Investment Adviser Representative has started a blog on the Internet to promote her services to interested parties. The blog
    9·1 answer
  • Sue works in the finance department of a large multinational corporation. Her manager has asked her to submit a detailed report
    9·1 answer
  • ABC Company has the following trial balances on 12/31/20x1 and 12/31/20x0: December 31 20x120x0 Cash35,00032,000 Accounts Receiv
    7·1 answer
  • Ayayai Corp. redeemed $158,000 face value, 12% bonds on April 30, 2022, at 102. The carrying value of the bonds at the redemptio
    7·1 answer
  • A bachelor's degree is earned at a ___.
    7·1 answer
  • A cashier is what type of resource ?
    7·1 answer
  • Public transportation is an inferior good. if consumers' incomes decrease, this will cause:____.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!