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LenKa [72]
4 years ago
7

The value of Surnum's, a developing economy, currency is fixed relative to the U.S. dollar. The exchange rate between the Surnum

currency and other currencies is determined by the dollar exchange rate. Surnum's exchange rate is
Business
1 answer:
Verizon [17]4 years ago
4 0

Answer:

Surnum's exchange rate is pegged.

Explanation:

Exchange rate is the rate at which a countrie's currency is exchanged for another. Usually when there is more demand for a countrie's currency it will have more value than other currencies and vice versa.

There are two ways a countrie's currency rate can be controlled in relation to others.

First is by market forces of demand and supply.

Secondly is by pegging the countrie's currency against another and using reserves of the other currency to account for market fluctuations.

In this instance Surnum has pegged it's currency against the dollar, so it will use its dollar reserves to account for fluctuations in order to maintain the pegged exchange rate.

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The balance in the j.​ higgins, withdrawals account was. the entry to close the account would include​ a:
PilotLPTM [1.2K]

The correct answer to this question would be a credit entry.

A withdrawal account has a debit balance throughout the accounting period when the owner makes a withdrawal. At the end of the accounting cycle there needs to be a closing entry made that would zero out the withdrawal account. This entry will be a credit to the withdrawal account and a debit to the capital account. The amount will be the balance in the withdrawal account in order to bring the balance to zero.

5 0
3 years ago
Revoked digital certificates are listed in a(n) ____, which can be accessed to check the certificate status of other users
Verizon [17]

Answer:

Certificate Revocation List

Explanation:

According to my research on different professional requirements, I can say that based on the information provided within the question the term being describe in the question is called a Certificate Revocation List (CRL). This is (like defined in the question) a list of digital certificates that have been revoked by the issuing Certificate Authority, before they actually expire making them obsolete and letting anyone interested know that they should no longer be trusted. This list is usually looked at when someone runs across a signature and want to know if that person actually holds that certain certificate proving that they have the knowledge that is required.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
What do individual shareholders gain when they buy shares of a company’s stock?
olchik [2.2K]
It will definitely be A
6 0
3 years ago
A State A consumer was in a traffic accident with a State B driver. The State A consumer’s car burst into flames, causing horrif
kupik [55]

Answer: The correct answer is B. Yes, because the State B driver's claim is a proper cross-claim and is within the court's supplemental jurisdiction.

Explanation:

Option B is correct because the State B driver can assert his tort claim against the State B manufacturer. The driver's claim is a proper crossclaim and this is because it arises from the same occurrence as with State A consumer's claim.

4 0
3 years ago
Sweet Treats common stock is currently priced at $17.15 a share. The company just paid $1.22 per share as its annual dividend. T
ddd [48]

Answer:

cost of equity =  9.68%

so correct option is d. 9.68%

Explanation:

given data

currently priced = $17.15

paid annual dividend = $1.22

dividends increasing = 2.4% annually

to find out

firm's cost of equity

solution

we get here cost of equity by apply price equation that is express as

Price = recent dividend × ( 1 + growth rate ) ÷ ( cost of equity - growth rate)   .....................1

put here value we get

$17.15 = \frac{1.22*(1+0.024)}{cost\ of\ equity - 0.024}

solve it we get

cost of equity =  9.68%

so correct option is d. 9.68%

5 0
3 years ago
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