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
klio [65]
3 years ago
6

ppreciation of the euro relative to the U.S. dollar will cause a U.S.-based MNC's reported earnings (from the consolidated incom

e statement) to ____. If a firm desired to reduce the exposure of its consolidated earnings to exchange rate movements, it could stabilize its reported earnings by ____ euros forward in the foreign exchange market.
Business
1 answer:
Tems11 [23]3 years ago
6 0

Answer:

Decrease or fall, Purchasing

Explanation:

Appreciation is the term which is defined as the increase in the currency value relative to the another currency, which could be exchanged for a huge amount of foreign currency.

So, when there is appreciation in euro in relation to US dollar, it cause US grounded MNC reported earnings to decrease as the US dollar will not be exchanged because euro is appreciated.

And when the firm desire to reduce the exposure to the exchange rate movements, it might stabilize the reported earnings through purchasing the euros in the foreign exchange market.

You might be interested in
The following information is available at the end of May:Balance in work in process on May 1 $57,600Direct material costs for Ma
Vsevolod [243]

Answer:

Work in process account= $76,680

Explanation:

Giving the following information:

Balance in work in process on May 1 $57,600

Direct material costs for May $89,200

Overhead applied at a rate of 120% of direct labor dollars

Direct labor= $76,500

Jobs completed during May and transferred to finished goods inventory was $242,420

Work in process account= Beginning work in process+direct materials + direct labor + manufacturing overhead - Jobs completed during May

Work in process account=57600 + 89200 + 76500 + (76500*1.20)- 242420

Work in process account= $76,680

5 0
3 years ago
On July 1, 2022, Cullumber Co. pays $ 22,400 to Pharoah Insurance Co. for a 4-year insurance contract. Both companies have fisca
Brrunno [24]

Journal Entries in the books of Pharoah Insurance Co are as follows:

Date              Account Titles and Explanation     Debit       Credit

July 1, 2022 Cash                                            $22,400

Unearned Service Revenue                                             $22,400

To record the receipt of payment for insurance contract for 4 years.

Date                          Account Titles and Explanation     Debit       Credit

December 31, 2022 Unearned Service Revenue         $2,800

Service Revenue                                                                            $2,800

To record the service revenue earned from July 1, 2022 to December 31, 2022.

Data Analysis:

July 1, 2022 Cash $22,400 Unearned Service Revenue $22,400

December 31, 2022 Unearned Service Revenue $2,800 Service Revenue $2,800 ($22,400 x 6/48)

Thus, only $2,800 is credited to the Service Revenue account for the year ended December 31, 2022.

Learn more on adjusting Unearned Service Revenue at brainly.com/question/14783594

3 0
3 years ago
Tom Bergman, owner and operator of the Earplug Superstore, is reviewing the costs associated with the store’s best-selling heari
ioda

Answer:

73 units

Explanation:

Given:

Demand, D = 25 units/week

Order cost, O = $ 3/ order

Holding cost, H = $ 1.50/ unit/year

Operation time = 52 weeks/year

thus,

the total annual demand = 25 × 52 = 1300 units

Now,

the economic order quantity (EOQ) is given as:

\textup{EOQ}=\sqrt{\frac{2DO}{H}}

where, D is the annual demand

on substituting the values, we get

\textup{EOQ}=\sqrt{\frac{2\times1300\times3}{1.50}}

or

\textup{EOQ}=\sqrt{5200}

or

EOQ = 72.11 units ≈ 73 units

he should now order 73 units at a time

3 0
3 years ago
An aging of a company's accounts receivables indicates that the estimate of uncollectible receivables totals $7,900. If the Allo
schepotkina [342]

Answer:

Debit to Bad Debt Expense Account for $7,200

Explanation:

Based on the information given we were told that the company accounts receivable shows the estimate of uncollectible receivables of the amount of $7,900 which means that if the Allowance for Doubtful Accounts has an amount of $700 as a credit balance, the adjustment to record the bad debt expense will be :

Debit to Bad Debt Expense account for the amount $7,200 calculate as :

Uncollectible receivables totals $7,900-Allowance for Doubtful Accounts $700 =$7,200

(7,900 - 700 )

4 0
3 years ago
Employers ultimately are responsible for operating the union and bargaining with the management.
Anit [1.1K]
Hmm I believe it is false

6 0
2 years ago
Other questions:
  • Initially, the number of tools per worker was higher in Hermes than in Gobbledigook. From 2012 to 2062, capital per worker rises
    5·2 answers
  • Al's Sport Store has sales of $897,400, costs of goods sold of $628,300, inventory of $208,400, and accounts receivable of $74,1
    9·1 answer
  • With respect to competitive advantages, many see __________ as the most important asset that an organization can possess, as it
    6·1 answer
  • Suppose Country A and Country B each have the same real Gross Domestic Product (GDP), equal to $440 billion. Country A has 100 m
    8·1 answer
  • The provisions of the Mayflower Compact would influence later documents
    13·1 answer
  • f the government put a price floor of $ 11.75 $11.75 on both of the markets, which market would have a greater surplus or shorta
    14·1 answer
  • Beerbo purchased a machine on July 1, 2021 for $28,000. Beerbo also paid $200 in title fees; $125 in taxes; $500 in delivery cha
    13·1 answer
  • An accrual of wages expense would have what effect on the balance sheet? A. Decrease liabilities and increase equity B. Increase
    13·2 answers
  • Your local bakery gives you information on consumer purchasing habits for muffins and cupcakes. It tells you that, when the pric
    9·1 answer
  • All of the following features in the Macabacus Excel add-in helps users identify inconsistent formulaic structure or potential e
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!