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True [87]
3 years ago
14

When the exchange rate between the U.S. dollar and the euro changes from 1.30 euros per dollar to 1.00 euro per dollar the dolla

r has ________ and U.S. goods have become ________ to people in Europe so that quantity of U.S. dollars demanded ________.
Business
1 answer:
Ber [7]3 years ago
6 0

Answer:

The correct words that fills the gaps are: depreciated; more expensive; decreases.

Explanation:

Currency devaluation is an active economic strategy. Sometimes it is used when countries are heavily indebted and the government decides to reduce the official value of their currency in relation to that of foreign currencies, in order to increase the price of imported goods and the value of goods exported from the country .

The purpose of the devaluation of a country's currency could be related to the need to liquefy liabilities, be more competitive or avoid capital flight. However, it is a risky decision since it could lead to hyperinflation.

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Other things the same, an increase in the U.S. interest rate causes U.S. net capital outflow to a. rise, so supply in the market
Aleksandr [31]

Answer:

b. rise, so demand in the market for foreign-currency exchange shifts right.

Explanation:

  • An increase in the interest rates leads to a rise in the capital outflow as savings and investment lead to more net capital outflow.
  • This is the movement of the assets on the company and is considered to be bad for the economy and leads to undesirable changes in the supply of the foreign currency as a shift in the demands of the consumers. This may result in political and economic instability.
8 0
3 years ago
The corporate charter of Torres Corporation allows the issuance of a maximum of 4,000,000 shares of $1 par value common stock. D
sergey [27]

How many shares were authorized?

Number of shares authorized are 4,000,000

--------

How many shares were issued?

Number of shares issued are 2,080,000

--------

How many shares are outstanding?

Number of shares outstanding = Number of shares issued - Numberof shares repurchased

Number of shares outstanding = 2,080,000 - 80,000

Number of shares outstanding = 2,000,000

--------

What is the balance of the Common Stock account?

Balance of common stock = Number of shares issued * Parvalue

Balance of common stock = 2,080,000 * $1

Balance of common stock = $2,080,000

--------

What is the balance of the Treasury Stock account?

Balance of treasury stock = Number of shares repurchased * Priceper share

Balance of treasury stock = 80,000 * $25

Balance of treasury stock = $2,000,000

--------

2)

June 12:  Issued 50,000 shares of $3 stated value common stock for cash of $250,000.

Cash; 250,000

Paid-In Capital in Excess of Par--Common Stock 50,000 x 3 = 150,000

Common Stock: 100,000

July 11:  Issued 2,000 shares of $100 par value preferred stock for cash at $108 per share.

cash: 2000 x 108 = 216,000

preffered stock : 2,000 x 100 = 200,000

Paid-In Capital in Excess of Par--Preferred Stock : 16,000

Nov. 28: Purchased 2,000 shares of treasury stock for $10,000.

Treasury Stock 10,000

Cash 10,000

6 0
3 years ago
Unlike other car rental agencies that are based in airports to serve travelers, wheelz-on-rent has a network of neighborhood off
scZoUnD [109]

It can be concluded that the Wheelz On Rent most likely practices the concentrated marketing. Concentrated marketing is a type of strategy in which the products are being made and produced because of a specific segment of the population of the consumer of that they are likely to be made for a specific segment.

7 0
3 years ago
AP Season tickets for the Dingos are priced at $320 and include 16 home games. An equal amount of revenue is recognized after ea
MissTica

Answer:i just want the points sorrry

7 0
3 years ago
Read 2 more answers
Pureform, Inc., manufactures a product that passes through two departments. Data for a recent month for the first department fol
Helga [31]

The equivalent units for the month for the first department for material is 48,000 and for labor and overhead 46000.

What is the weighted average ?

  • One of three methods for valuing the stock in your company's inventory is the weighted average cost method, which establishes the average cost of all the products in your inventory based on their individual costs and the quantity of each item that is kept on hand.
  • The weighted average is used by businesses to calculate the amount that goes into inventory and the cost of products sold (COGS).
  • Due to the variety of inventory stock kinds or the same stock items being purchased at various times, a firm may pay varying costs when purchasing pieces of inventory.

Total units transferred = 42000

and, units of ending WIP = 6000(material),  4000(Labor),  4000(overhead)

So,

Equivalent units of production = 48000(material), 46000(Labor),  46000(overhead)

The equivalent units for the month for the first department for material is 48,000 and for labor and overhead 46000.

Learn more about weighted average here:

brainly.com/question/16557719

#SPJ4

4 0
1 year ago
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