All categories

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.

You might be interested in

Sadler Corporation purchased equipment to be used in manufacturing. The purchase was made at the beginning of 2015 by paying cas

il63 [147K]

Answer:

The journals entry to record depreciation on the equipment for 2016 will be:

Debit Depreciation expense $14,000

Credit Accumulated depreciation $14,000

<em>(To record depreciation expense for Year 2016)</em>

Explanation:

Under straight-line method, depreciation expense is (cost - residual value) / Estimated useful life = ($150,000 - $10,000) / 10 years = $14,000 yearly depreciation expense. This applies to Years 2015 and 2016.

The change in the estimate in Year 2017 will not affect the depreciation expense for 2016 based on the previous parameters,

6 0

3 years ago

If the total for this month's credit purchases is $550 at 24% annual interest, what is the total balance for the month after one

Westkost [7]

Answer:

560

Explanation:

Thats your answer.

8 0

3 years ago

Read 2 more answers

Preferred stock is a hybrid security because it has some characteristics typical of debt and others typical of equity. The follo

jonny [76]

Answer:

Dividends are fixed. ⇒ Consistent with Debt

Fixed dividends makes preferred shares consistent with debt because debt repayments are made in equal payments as well.

Usually has no specified maturity date ⇒ Consistent with Equity.

Equity has no set maturity date unlike debt and preferred stock has no maturity date either so is much like equity in this regard.

Cost of preferred stock.

Preferred stock is like a perpetuity. The cost of preferred stock is therefore:

= Constant dividend / Price of stock

= 13 / 130.45

= 9.97%

= 10%

8 0

3 years ago

Conduct your own social engineering experiments. 1) While at a restaurant, convenience store, bank, place of business, or any sh

alexandr1967 [171]

<u>Explanation:</u>

Note, in the ICT field, the term social engineering refers to actions that involve the use of cunning to steal sensitive or unauthorized information from someone by means of social or human interactions with them.

For example, such information could be manipulatively gotten;

address,
age,
Social security number,
the number of children, etc.

5 0

2 years ago

On September 3, 2021, the Robers Company exchanged equipment with Phifer Corporation. The facts of the exchange are as follows:

GREYUIT [131]

Based on the information given the appropriate journal entries to record the exchange for both Robers and Phifer are:

Robers entries

Debit Equipment (new) $77,000

Debit Accumulated Depreciation $111 000

Debit Cash $19,000

Credit Equipment $190,000

Credit Gain on Sale $17,000

($77,000+$111,000+$19,000-$190,000)

Phifer's entries

Debit Equipment(new) $96,000

Debit Accumulated depreciation $119,000

Debit Loss on Sale $14,000

($210,000+$19,000-$96,000-$119,000)

Credit Equipment $210,000

Credit Cash $19,000

Learn more about journal entries here:brainly.com/question/24696035

4 0

2 years ago