Complete/Correct Question:
The Bank of England is concerned that the British Pound is weakening against the U.S. Dollar. A method for the Bank of England to strengthen its currency would be to:
A. raise British interest rate levels
B. lower British interest rate levels
C. raise U.S. interest rate levels
D. lower U.S. interest rate levels
Answer:
A, raise British interest rate levels
Explanation:
Increasing the interest rate levels of the British will help strengthen the pound against the Dollar. This would mean that the United States is offering lower interest rate.
This is possible because a higher interest rate means that lenders will make higher returns compared to countries with lower interest rates.
Cheers.
Answer:
correct option is b. The physical count determines the inventory on hand
Explanation:
LIFO is Last In, First Out
so in LIFO cost flow is assumption
and the last costs are the first ones to leave inventory
become the cost of goods sold on the income statement.
and first costs will be reported as inventory on the balance sheet
and under LIFO periodic we are wait until the entire year is over before assigning cost
so we can say The physical count determines the inventory on hand
and Cost is the total resources given up to acquire inventory and move it
Answer:
D) choose
Explanation:
President Kennedy introduced 6 basic consumer rights:
- The right to be safe - consumers should not suffer injuries caused by the products they purchase.
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The right to choose freely - consumers have the right to choose freely among different options.
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The right to be heard - consumers have to right to voice their complaints and concerns about the products they purchase.
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The right to be informed- businesses must provide product information to their consumers.
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The right to education- consumers have the right to request information about the products they purchase.
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The right to service – consumers have the right to better services.
Answer:
-$50
Explanation:
Calculation to determine your total profit on this investment
Total profit = 1 × 100 × ($.50 - $21+ $20)
Total profit = 100×(-$0.5)
Total profit = -$50
Therefore your total profit on this investment is -$50
