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3 years ago

When a nation's currency suddenly loses value, the ________ may step in to buy the afflicted currency?

1 answer:

3 0

If a nation's currency drops in value significantly, the International Monetary Fund could step in and buy the currency so that some stability could occur economically

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The percentage of total industry output accounted for by the largest firms in an industry is called the:

Oduvanchick [21]

Answer:

A B

A concentration ratio is used to measure... market dominance

Percentage of total industry output accounted for by the largest firms in the industry is termed... the concentration ratio

The sum of the squared market shares of each firm in an industry is termed ... the Herfindahl-Herschman Index

Explanation:

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3 years ago

On March 31. 2019, Home Decorating Pavilion received a bank statement showing a balance of $9,810. The balance in the firm's che

NNADVOKAT [17]

Answer:

Both requirements 1 and 2 are the same, but I guess one refers to a bank reconciliation statement and the other one to a cash account reconciliation.

Bank account reconciliation:

bank balance $9,810

+ deposits in transit $2,935

- outstanding checks 358 and 359 ($2,225)

<u>+ check deducted by mistake $590</u>

reconciled bank account $11,110

Cash account reconciliation:

Cash account balance $10,276

+ note and interest collected $1,320

- bank fees ($31)

- NSF check Dane Jarls ($555)

<u>+ error on check 341 $100 </u>

reconciled cash account $11,110

3 0

3 years ago

How widely used are private correctional companies to operate jails?

Kobotan [32]

Not very, most of the time CO’s are underpaid so they can have mass amounts of them.

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3 years ago

Winnebago Industries, Inc. is a leading manufacturer of motor homes. Suppose Winnebago reported ending inventory at August 29, 2

Ad libitum [116K]

Answer:

Winnebago Industries' ending inventory have been if it had used FIFO is $77,196,000

Explanation:

The computation of the ending inventory under FIFO method is shown below:

= Ending inventory under LIFO inventory method + LIFO reserve

= $46,850,000 + $30,346,000

= $77,196,000

For determining the ending inventory under the FIFO method, we added the ending inventory under the LIFO method and LIFO reserve so that accurate value can come.

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3 years ago

GDP includes a. final goods and inventories of imported intermediate goods. b. intermediate and final goods to count all goods a

Elina [12.6K]

Answer: c. only final goods to avoid double counting when including intermediate goods

Explanation:

The Gross Domestic Product (GDP) is an economic measure that aims to quantify the strength of an economy by checking it's Economic Activity.

When Calculating GDP, the FINAL value of goods and services produced WITHIN a country are the only amounts included to avoid Double Counting of products.

For example, if in making a television, the company making the TV bought electrical parts for $100 and the LED screen for $50 with labour costs of $50 and then sold it to a store for $300 that then sells the Television at $500, $500 is the amount that is included in GDP calculation. None of those other figures will be added again because they are already implicitly included in the final $500.

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3 years ago