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3 years ago

"fundamental disequilibrium," its government choose not to devalue its currency. a likely consequence of this would be

1 answer:

6 0

If the Government choose not to devalue its currency, The total exports of that nation will be most likely to be decreased.
When a currency of a nation is too high, other nation wouldn't have enough purchasing power to do transactions with our nation, making us forced to close many international trade relationship that could kill several economic sectors in the country.

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Myriad Solutions, Inc. issued 10% bonds, dated January 1, with a face amount of $320 million on January 1, 2021, for $283,294,72

otez555 [7]

Answer:

The net amount of the liability Myriad would report in its balance sheet at December 31, 2021 is $287,524,896

Explanation:

First, we need to determine the amount of discount on the bond at the time of issuance

Discount on Bond = Face value - Issuance value = $320,000,000 - $283,294,720 = $36,705,280

June 30, 2021

Now we will use the effective interest method to calculate the amortization of discount on the bond.

Amortization of Discount = ( Carrying Value x Market yield ) - ( Face value x Coupon rate ) = ( $283,294,720 x 12% ) - ( $320,000,000 x 10% ) = $33,995,366.4 - $32,000,000 = $1,995,366.4 = $1,995,366

Carrying value = $283,294,720 + $1,995,366 = $285,290,086

December 31, 2021

Now we will use the effective interest method to calculate the amortization of discount on the bond.

Amortization of Discount = ( Carrying Value x Market yield ) - ( Face value x Coupon rate ) = ( $285,290,086 x 12% ) - ( $320,000,000 x 10% ) = $34,234,810.32 - $32,000,000 = $2,234,810.32 = $2,234,810

Carrying value = $285,290,086 + $2,234,810 = $287,524,896

5 0

3 years ago

Which describes the purpose of minimum-balance fees?

Cerrena [4.2K]

Answer:

make sure customers keep sufficient funds in their account

Explanation:

Minimum balance is the amount that an account holder has to be kept in the account. The minimum amount is to be maintained so as to enjoy the benefits of the account like receiving interests. The minimum balance defers from one bank to another. Maintaining the minimum helps in accessing loans and other facilities.

5 0

3 years ago

If the required reserve ratio is 10% and the fed conducts an open market purchase of $100, what is the maximum possible change i

PSYCHO15rus [73]

The maximum possible change in the money supply would be $1,000.

<h3>An open market notion is what?</h3>

A system of commerce that is open to free-market activity has few to no restrictions on it. An open market is one that doesn't have any tariffs, taxes, licensing requirements, subsidies, unionization, or other rules or behaviors that obstruct the operation of the free market.

<h3>What do open market operations aim to achieve?</h3>

The goal of open market operations is to alter the reserve balances of American banks and trigger retaliatory changes to the current interest rates. The Fed can boost the amount of money in the country by purchasing securities.

To know more about open market visit:

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3 0

1 year ago

Visit a website for a company that sells products online. Then go to that company‘s corporate website. Compare the company’s pro

kipiarov [429]

Answer:

question is not clear please send clear question

8 0

3 years ago

A busy downtown hotel is distributing questionnaires to past visitors in order to develop ideas about how to improve its confere

ElenaW [278]

Answer:

The correct option is A. The hotel is collecting primary data.

Explanation:

Primary data can be defined as a kind of data that is collected from original resources rather than from articles or past researches. The easiest ways through which primary data can be collected is by surveys, interviews, questionnaires etc.

Based on the results from the primary data, results or conclusions can be drawn. For example, in the above question, the hotel is distributing questionnaires which is a source of primary data. Based on the results from these questionnaires, conclusions will be drawn and decisions will be made to improve the conference facilities and services.

6 0

4 years ago