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
Assoli18 [71]
3 years ago
13

On January 1, 2001, El Salvador "dollarized" its economy. The U.S. dollar circulated throughout the country along with the Salva

doran colon for the first year. By the end of 2002, the official currency circulating in the economy was the U.S. dollar. El Salvador abandoned its own currency and adopted the currency of the United States because:
Business
2 answers:
solniwko [45]3 years ago
6 0

Answer:

1. The government could not finance it's deficit budget.

2. The Dollar was stable and Through dollar adoption, interest rate would be lowered and investments would increase.

Explanation:

The colon was changed to dollars because El Salvador wanted a boost in it's economy through the US Dollar.

Printing money to finance deficit would no longer be done by the government and inflation would be brought under control. Because of the adoption El Salvador has no control over it's monetary policy.

the government would still be able to run deficits by printing money

with dollars, shocks caused by demand in the economy will be offset more effectively by using monetary policy.

By printing U.S. dollars, the government would still be able to finance deficits.

stealth61 [152]3 years ago
5 0

Answer:

The government would no longer be able to finance deficits by printing money, and inflation would be under control.

Explanation:

The country of El Salvador abandoned it currency, therefore the country no longer has a national currency, this mean that, government cannot print it because it is using the currency of the U.S. There will be better control of deficits and reduction in inflation because they are forced by adoption of the U.S. Also, Sharing the same currency with U.S, this implies that they will share the same monetary policy with the United Sated of America.

You might be interested in
The market size and market growth rates in the foreign market can be influenced negatively by:______.A. population sizes, income
Nikitich [7]

Answer:

A. population sizes, income levels and cultural influences, the current state of the infrastructure and distribution and retail networks available.

Explanation:

The reason is that the foreign markets are affected by the cultural differences for example if US clothing brand enters Suadia Arabia then it can not sell its brands here because in the Suadia Arabian culture girls wear full sleeves and are not skin tight fits. This means that the culture have an influence over the foreign markets. Likewise the income level tells about how much the customer can spend on luxury items, population of customers available is also an attractive part that the investors see to move in the markets. The infrastructure of a country and the regional importance of the state are also the motivators for the foreign companies to move in to the market.

These factors are the ecosystem of the country that gives insight of the market size and market growth of a particular market.

8 0
3 years ago
A company produces products at 2 plants each of which have a capacity of producing 75 units. 50 units of each product must be sh
zalisa [80]

Answer:

the answer is 6

Explanation:

In this case we would need to have a combination of each plant with each customer. So the variable would be in this way (3C X 2P)

              Customer1            Customer2           Customer3

Plant1      P1C1                      P1C2                     P1C3

Plant2     P2C1                     P2C2                    P2C3

Once you have this you can calculate the best combination to minimize the cost of shipping

7 0
3 years ago
Check my workCheck My Work button is now enabledItem 15 Time Remaining 2 hours 27 minutes 1 second02:27:01 Exercise 8-16 Direct
Step2247 [10]

Answer:

Zan Corporation

Production Department

Quarters                                1st            2nd           3rd          4th       Total

1. Raw materials              50,000g   62,000g  54,000g  44,000g 210,000g

  Purchased

2. Cost of purchases    $60,000   $74,400  $64,800  $52,800 $252,000

3. Total disbursement   $38,880  $68,640  $68,640   $57,520  $233,680

4. Direct labor costs      $11,500    $18,400    $16,100   $13,800    $59,800

Explanation:

a) Data and Calculations:

Forecast Production

Quarters                               1st            2nd           3rd            4th       Total

Units to be produced        5,000        8,000       7,000       6,000     26,000

Grams required               40,000g   64,000g  56,000g   48,000g 208,000

Beginning Inventory          6,000g    16,000g   14,000g    12,000g   6,000g

Raw materials purchase 50,000g   62,000g  54,000g   44,000g 210,000g

Ending Inventory             19,200g     16,800g   14,400g      9,600g

Cost of purchases        $60,000   $74,400  $64,800   $52,800  $252,000

Beginning Inventory cost  7,200     19,200      16,800      14,400

Total Cost of materials $67,200  $93,600   $81,600   $67,200

Cost of materials used $48,000  $76,800  $67,200   $57,600

Grams required by 1 unit        8 gm

Cost of 1 gm = $1.20

Ending Raw materials

25% of next quarter's  16,000gm    14,000gm  12,000gm  8,000gm

Accounts Payable

Beginning balance         $2,880

Cost of purchases       $60,000   $74,400  $64,800   $52,800  $252,000

Cash Disbursement for purchases of materials:

Cash Payment:                  1st            2nd           3rd            4th       Total

60% quarter acquired  36,000      44,640     38,880      31,600

40% in ffg quarter          2,880      24,000     29,760     25,920

Total disbursement   $38,880    $68,640  $68,640   $57,520  $233,680

Cost of direct labor:

Each unit requires 0.20 direct labor-hours at $11.50 per hour

Quarters                               1st            2nd           3rd            4th       Total

Units to be produced       5,000        8,000       7,000       6,000     26,000

Total direct labor-hours    1,000         1,600        1,400       1,200        5,200

Direct labor costs          $11,500     $18,400    $16,100   $13,800   $59,800

7 0
3 years ago
Santoyo Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below: Ho
Brrunno [24]

Answer:

37.7 hours

Explanation:

Calculation to determine what The delivery cycle time was:

Using this formula

Delivery cycle time=Wait time +Throughput time

Where,

Wait time=28.0

Throughput time=Process time 1.0+ Inspection time 0.4+ Move time 3.2 +Queue time 5.1=9.7

Let plug in the formula

Delivery cycle time=28.0+9.7

Delivery cycle time=37.7

Therefore Delivery cycle time was 37.7

7 0
3 years ago
Issued stock for $6 cash (example).
cupoosta [38]

                      Cash..................................... DR  $6

                              To Common Stock.................................. $6

(Being Shares issued for cash)

                 Equipment............................DR $6320

                      To Cash.......................................................... $4893

                      To Accounts Payable................................ $1427

(Being Equipment Purchased partly for cash and partly on credit)

                  Long Term Debt...................................... $513

                 Interest Expense........................................$91

                          To Cash ............................................................... $604

(Being Loan Installment repaid)

                  Cash....................................DR  $87949

                  Accounts Receivable......DR $1039

                           To Sales..................................................$ 88988

(Being sales made partly in cash and partly on credit)

                Shipping Expense.......................... DR $10766

                  To Accounts Payable..................................$10766

(Being Shipping Expenses Incurred)

              Accounts Payable.............................DR $28241

                     to Cash............................................................... $28241

(Being Accounts Payables Paid off)

              Marketing Expenses........................DR $4332

                         To Cash......................................................... $4332

(Being Marketing Expenses incurred)

               Cash...............................DR $620

                   To Accounts Receivable......................$620

(Being Accounts Receivables Paid off)

             Cash...............................DR $6359

                   To Long term Debt............................... $6359

(Being Long Term Debt Borrowed)

                Cost of Goods Sold................DR $62752

                       To Merchandise Inventory..........................$62752

(Being Cost of Goods sold Recorded)

                Income tax Payable.....................DR $177

                  To Cash........................................................................$177

(Being Tax Payable Paid off)


5 0
3 years ago
Other questions:
  • Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one depa
    14·1 answer
  • (a) A business pays weekly salaries of $22,000 on Friday for a five-day week ending on that day. Journalize the necessary adjust
    8·1 answer
  • Daley Company prepared the following aging of receivables analysis at December 31. Days Past Due Total 0 1 to 30 31 to 60 61 to
    8·1 answer
  • A management that wanted to increase the financial leverage of its firm would: raise additional capital by selling fixed interes
    12·1 answer
  • Which of the following is an example of a realistic job preview (RJP)? Check all that apply. a) When Mary has her first intervie
    15·1 answer
  • Garcia Wholesale Plumbing has seen its sales in the Southeast triple in the past two years. Materials handling director Barb Pet
    7·1 answer
  • Dave's firm had grown steadily and the products and systems had become more and more complicated. He had been a star representat
    9·1 answer
  • Answer please I need help
    7·1 answer
  • Question 13 of 20
    15·1 answer
  • Suppose that Jim uses his budget to purchase 100 units of Good X and 100 units of Good Y. When the price of Good X rises, he pur
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!