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AfilCa [17]
3 years ago
6

One fact about all currency is that it

Business
2 answers:
sleet_krkn [62]3 years ago
8 0

Answer:

One of the main reasons why different countries have different currencies is to allow people the possibility to choose the origin of the currency and the goods they want. Imagine if every country in the world would use only dollars. Then every country would be able to print dollars, but the dollars would be same for the US or for Burma or the Congo. Do goods available or produced at the US, Burma and Congo have the same value for everyone?

The US dollar is the most widely accepted currency in the world but the Euro is the most commonly used currency.

Deffense [45]3 years ago
5 0

Answer:

Differs amounts between different countries

Explanation:

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Blue Co. recorded a right-of-use asset of $210,000 in a 10-year operating lease. Payments of $37,167 are made annually at the en
Alexandra [31]

Answer:

The balance in the right-of-use asset after two years will be $184,629.96.

Explanation:

This can be calculated as follows:

First year interest = Cost of the right-of-use asset * Interest rate = $210,000 * $12% = $25,200

Principal paid in the first year = Annual payment - First year interest = $37,167 - $25,200 = $11,967

Balance in the right-of-use asset after one year = Cost of the right-of-use asset - Principal paid in the first year = $210,000 - $11,967 = $198,033

Second year interest = Balance in the right-of-use asset after one year * Interest rate = $198,033 * $12% = $23,763.96

Principal paid in the second year = Annual payment - Second year interest = $37,167 - $23,763.96 = $13,403.04

Balance in the right-of-use asset after two years = Balance of the right-of-use asset after one year - Principal paid in the second year = $198,033 - $13,403.04 = $184,629.96

Therefore, the balance in the right-of-use asset after two years will be $184,629.96.

3 0
2 years ago
In year 1, Stone, a cash basis taxpayer, incorporated her CPA practice. No liabilities were transferred. The following assets we
Tanzania [10]

Answer:

a. $30,500

Explanation:

The computation of the corporation’s total basis for the transferred assets is shown below:

= Cash basis of checking account + adjusted basis of computer equipment

= $500 + $30,000

= $30,500

We simply added the cash basis of checking account and the adjusted basis of computer equipment so that the corporation total basis of the transferred asset could come

4 0
3 years ago
Pizza Inc. had earnings of $1.00, $1.25, and $4.00 per share and a dividend policy that resulted in annual dividends per share o
Ira Lisetskai [31]

Answer:

Expected Dividend = $2.40

Explanation:

To find out the company dividend company policy, we have to compute the dividend payout ratio for each year:

                                       Year 1         Year 2       Year 3

Earnings                           $1.00          $1.25        $4.00

Dividends                         $0.40         $0.50       $1.60

Payout (Div/Earnings)        40%            40%         40%  

The company policy to pay dividend is 40% out of their total earnings as evident by the previous year dividends. The anticipates earnings for the upcoming year is $6.00, so we can calculate dividends by multiplying payout ratio of 40% to earnings:

Expected Dividend = 6 * 40%

Expected Dividend = $2.40

6 0
3 years ago
How much would $20,000 due in 50 years be worth today if the discount rate were 7.5%?
Eduardwww [97]

Answer:

$537.78

Explanation:

In order to find the present value of a future payment we discount it using a discount rate. The formula for that is

Present value = Future value/(1+Rate)^Number of years.

In this case we know the future value is $20,000, the discount rate is 7.5% and the number of years are 50, so we just input these numbers in the formula to find the present value or worth today.

Present value = 20,000/(1+0.075)^50

=537.78

$20,000 due in 50 years would be worth $537.78 today if discounted by 7.5%

6 0
2 years ago
You own the Potentially Profitable Pizzeria in Pochohantas, Pennsylvania, and you and your managers decide that it is critically
Vikentia [17]

Answer:

b) setting organizational goals and objectives.

Explanation:

In the given statement, there is no coordination, planning or staffing mentioned. Instead, you and your managers are simply setting the company's goals and objectives of delivering high-quality hot pizza to customers within a five-mile radius within 25 minutes.

Therefore, the correct alternative is b) setting organizational goals and objectives.

4 0
3 years ago
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