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kodGreya [7K]
2 years ago
10

Governments intervene in the foreign exchange markets for all of the following EXCEPT to 1) Earn foreign exchange 2) Reduce econ

omic uncertainty 3) Improve the nation's export competitiveness 4) Reduce inflation 5) None of the given answers
Business
1 answer:
matrenka [14]2 years ago
6 0

Answer:

Option (1) is correct.

Explanation:

Government intervene in the foreign exchange markets for maintaining the inflation rate at its lower level in an economy, improving the country's exports by increasing the competition among the firms, so that there is an inflow of foreign currency into the home country and minimize the economic uncertainty which can affect the economy in a negative way.

Therefore, the government doesn't intervene in the forex market for earning foreign exchange because it is not a main objective.

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Hardin Company received $120,000 in cash and a used computer with a fair value of $360,000 from Page Corporation for Hardin Comp
san4es73 [151]

Answer:

$30,000 and $360,000

Explanation:

The computation of the gain on the exchange is shown below:

= Cash received + fair value of the computer  -  undepreciated cost of existing computer

= $120,000 + $360,000 - $450,000

= $30,000

The amount of the computer which is recorded will equal to the fair value of the computer i.e $360,000

For computing the gain we simply added the fair value and deduct the undepreciated cost of an existing computer in the cash received amount so that the accurate amount can come.  

All other information which is given is not relevant. Hence, ignored it

3 0
3 years ago
If the ending inventory in the previous period was understated $17,000 and the ending inventory in the current period was overst
kotegsom [21]

Answer:

In the current period,

b. Cost of goods sold

Explanation:

With the current period's beginning inventory (or previous period's ending inventory) understated by $17,000 and the overstatement of the current period's ending inventory by $27,000, it implies that the Cost of goods sold is understated by $10,000.  Once this cost is understated, the net income will be overstated, as well as the owner's equity (via the retained earnings).

4 0
2 years ago
Geraldo is a vice president at Magnolis Inc. He, along with a few other individuals in his rank, is responsible for setting the
jok3333 [9.3K]

Answer: Top management

Explanation: There are several stages of management in a company to most important of them is the top management. The decisions by top managers affect the organisation as a whole and the success and failures of the  organisation highly depends on their actions. Examples of top management are directors and vice president .

In the above case, Geraldo is the vice president of the company and also he is responsible for determining the directions of operations of the company thus we can consider him in the top management.

7 0
3 years ago
Nadiya, your classmate, is struggling to keep up with class. Last week, she told you that she even thought about cheating on a t
FinnZ [79.3K]

Answer:

fundamental attribution error.

Explanation:

This theory in sociology also called the attribution effect states that people tend to over-attribute behavior of others to internal causes or traits.

The Professor makes this "fundamental attribution error" by failing to consider Nadiya's situation; meaning the situational information was insufficiently taken into account before reaching a conclusion (Probably Nadiya is under emotional distresse maybe she's grieving the death of her Farther).

3 0
3 years ago
A stigmatized property is one: (a) Where physical damage makes it undesirable to buyers (b) That a historical society owns and m
katrin [286]

Answer:

(C) Where a particular event has affected the desirability of the property

Explanation:

A stigmatized property is one that has been psychologically impacted by an event that occurred on the property or one that has been suspected to have occurred on that property. Such a property is now "stigmatized" because such an event will have a drastic effect on multiple values and aspects of the property.

4 0
2 years ago
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