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Vitek1552 [10]
2 years ago
7

What are currency exchange rates based on..

Business
2 answers:
USPshnik [31]2 years ago
6 0

Im gonna guess that you are doing the same thing that i did so here is the answer.

1. A) each country's economy

2. D) a,b, or c

3. A)¥186.66 JPY

4. D) $143.04 USD

Mumz [18]2 years ago
4 0
Currency exchange rates based on many different factors. These factors are interest rates, inflation, public debt, deficits, terms of trade and political stability or the economic performance. Due to the many factors that affects currency exchange rate, it is almost impossible to predict where it is heading.
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Business collected S6,600 rent in advance on July 1. Accountant record the journal entry for this collected amount on July 1. Th
suter [353]

Answer:

This is correct

Explanation:

There will be two entries. One at the time of receiving cash on 1st July . That would be

Cash. B. $6600 (debit)

Unearned Rent Revenue. $ 6600 (credit)

On 31st Dec an adjusting entry would be made . The rent for 6 months will be calculated which will be as given above.

Rent for 6 months = ( 6,600/12 )* 6= $ 3,300

The entry will be

Unearned Rent Revenue $3,300 (debit)

Rent Revenue $ 3,300 (credit)

$ 3300 will be deducted from the current liabilities on the credit side.

Rent Revenue of $3300 will be added on the credit side of the income statement.

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3 years ago
Montana Company was authorized to issue 150,000 shares of common stock. The company had issued 69,000 shares of stock when it pu
chubhunter [2.5K]

Answer:

a

Explanation:

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2 years ago
Can we chat I am bored I had instagram too​
Otrada [13]

Answer:

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2 years ago
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Imagine you work for a breakfast cereal company that makes prepared products that are served cold. Your company wants to introdu
Tresset [83]

Answer:

There are a several ways to try to forecast the most accuarete possible the demand of the product. Some techniques are explained below.

Explanation:

First of all, the company should do a study about the consumption of the new product and they do that by calling a group of consumers to try the new good in the companie's facilities and also to do a questionary to be release to the public in order to have more answers about how would they react act about it. Secondly, once all that information is gathered, the organization should start a calculation on the amount of goods that it will have to produce in order to obtain a good amount of benefits of selling the product. And finally the company should constrast that calculation to the number of people that said in the questionaries that it will buy it and also to the number of people that said that will buy it in the test of the product.

6 0
3 years ago
On March 1, 2021, Bearcat lends an employee $20,000. The employee signs a note requiring principal and interest at 9% to be paid
almond37 [142]

Answer:

Debit interest receivable $1,500

Credit interest revenue $1,500

Explanation:

Adjust entries are used in accounting to record accrued revenue or expense at the end of an accounting period.

On March 1, 2021, Bearcat lends an employee $20,000. The employee signs a note requiring principal and interest at 9% to be paid on February 28, 2022.

We are to calculate the adjustment at December 31, 2021.

We need to calculate interest accrued at year end. The loan would have stayed for 10 months.

Interest= principal* rate* time

Interest= 20,000* 0.09* (10/12)

Interest = $1,500

So we will debit interest receivable for $1,500 and credit interest revenue.

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2 years ago
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