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Viefleur [7K]
2 years ago
15

A​ country's overall level of interest rates should have an impact on the financial account of the BOP. Relatively low real inte

rest rates should normally stimulate an outflow of capital seeking higher interest rates in other country currencies.
a. True
b. False
Business
1 answer:
Genrish500 [490]2 years ago
7 0

Answer:

<em>a. True</em>

Explanation:

Yes! the given statement is <em>very true</em>, because as we know that​ all the level of a nation's rate of interest has an influence on the BOP ( generally known as Balance Of Payments ) financial account, and also relatively low real interest rates are generally encouraged.

An outflow of funds are been pursued at a higher interest rates in an another nation's currency as well.

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<span>Business/Financial manager </span>assumes responsibility for monitoring how the contractor is doing in terms of cost, schedule, and technical performance
Before a company start its operation for the year, the executives of that company will determine the budget that seem appropriate for all fo the operations.
The duty of business/financial manager is to make sure that the cost of operations do not exceed that pre-determined budget
5 0
3 years ago
You can buy a car that is advertised for $24,600 on the following terms: (a) pay $24,600 and receive a $4,600 rebate from the ma
Vadim26 [7]

Answer:

A. $20,000

B. $17,234.18

C.Option (b)

Explanation:

Obviously, the option with lower Present Value would be the best option to buy the car. The Present Value of the options can find out as following

REQUIREMENT A

Price of car = $24,600  

Rebate = $4,600

Present value of the payments for option  = Price of the car – rebate  

Present value of the payments for option (a) = $24,600 - $4,600

Present value of the payments for option = $20,000

REQUIREMENT B

We can use the following Present Value of an Annuity formula to calculate the present value of the payments

PV of the payments for option  = PMT * [1-(1+i) ^-n)]/i

PV of the payments for option (b) (PV) =?

Monthly payment PMT =$410 per month

Number of payments n = 5 years *12 months = 60

Monthly interest rate i=1.25% per month or 0.0125

PV of the payments for option  = $410 x [1- (1+0.0125) ^-60]/0.0125

PV of the payments for option  = $17,234.18

REQUIREMENT C.

Which is the better deal?

Option (b) is better deal as the present value of payments ($17,234.18) is less than Present value of the payments for option (a); $20,000.

3 0
3 years ago
Some individuals argue that accountants should focus on producing financial statements and leave the design and production of ma
dusya [7]

Answer:

If the accountants of an organization are to concentrate only on financial information then there will be no advantage. The both party (organization and the accountant) might suffer if this happened.

Moreover, it would be very costly to have two systems rather than one that captures and processes operational facts at the same time as it captures and reports financial facts.

The main disadvantage of this is that accountants would ignore much relevant information about the organization's activities. To the extent that such non-financial information (e.g., market share, customer satisfaction, measures of quality, etc.) is important to management, the value of the accounting function would decline.

Explanation:

3 0
3 years ago
Ashley is an eighteen-year-old who works as a clerk in a store that sells bird seed. she earns minimum wage. her boss, trina, of
kirill [66]
Ashley is not happy.   (is this the full question?... it looks like it is missing the last sentence
7 0
2 years ago
Identify at least five different Human Services careers that you could pursue in your home state, and choose the three that appe
oee [108]

Answer:

Human services careers: Nurse, Child Life Specialists, Licensed Clinical Social Workers (LCSW), Psychologist, Counselor, Marriage and Family Therapist, and Behavioral Management Aide.

Explanation:

You could write about any of these ->

Try writing about being a nurse.

They help everyone in the hospital setting and the families of the patients.

Go through years of training to help people.

Put other people before them.

Three colleges that you can take nursing classes at are: NIU, UIC and Lewis university.

4 0
3 years ago
Read 2 more answers
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