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hjlf
3 years ago
15

Exhibit 35-4 Refer to Exhibit 35-4. Under a fixed exchange rate system, at the exchange rate of E 3, the dollar is __________ an

d there is a __________.

Business
1 answer:
Pavlova-9 [17]3 years ago
4 0

Please find diagram for question attached

Question options:

a.

overvalued; surplus of dollars

b.

undervalued; shortage of pesos

c.

overvalued; shortage of dollars

d.

undervalued; surplus of pesos

Answer:

Overvalued and there is a shortage of dollars

Explanation:

An increase in dollar price to buy peso means that dollar here is overvalued as it is above the equilibrium price(E2),and therefore it would be expensive to buy goods that are sold for a certain amount of dollars or in dollar currency with the Mexican pesos. This is because the fixed exchange rate system tries to ensure smooth and inexpensive trade between countries as it has to do with currency trading barriers by pegging a currency to another(in this case dollars) but here the dollar price increase for peso makes it more expensive to buy dollar products with pesos. Also this is caused here by the shortage of dollars.

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a manager has been asked to approve a marketing campaign that promotes food products to children and is concerned that the food
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The ethical decision-making metric will allow the manager to Disregard personal ethical considerations in the decision-making process.

In psychology, decision-making (also spelled decision making and decisionmaking) is considered the cognitive method resulting in the choice of a belief or a course of action among many potential various options. It can be either rational or irrational. The decision-making process could be a reasoning process supported by assumptions of the values, preferences, and beliefs of the decision-maker. Every decision-making process produces a final choice, which can or might not prompt action.

Research regarding decision-making is additionally printed below the label problem solving, notably in European psychological research. Decision-making can be regarded as a problem-solving activity yielding an answer deemed to be optimal, or a minimum of satisfactory. it's so a process that may be a lot or less rational or irrational and can be based on explicit or tacit knowledge and beliefs.

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8 0
1 year ago
Select all that apply.
Readme [11.4K]
All of them but computers
3 0
3 years ago
In the field of quality control, the science of statistics is often used to determine if a process is "out of control". Suppose
devlian [24]

Answer:

probability = 0.008

probability = 0.0256

Explanation:

we know here probability of defective is 0.2

so probability of not defective is 1 - 0.2 = 0.8

as we know 3 item is arrive off process line in succession

so The probability that an item is defective is

as P(defective) = 0.20

as all item are independent so

probability that all three items are defective is

probability = 0.20  × 0.20  × 0.20 = 0.008

and

probability that exactly 3 of next 4 are defective

so number of way that can choose 3 out of 4 is

= \frac{4!}{3! ( 4-3)!}

= 4

so as all are independent probability is

probability = ( the number of way to choose 3 out of 4 ) × ( 3 item defective ) × ( 1 item not defective )

probability = _4 C_3 × 0.2³ × ( 1- 0.2)

probability = 4 × 0.008 × 0.8

probability = 0.0256

4 0
3 years ago
Management estimates that 1% of the $100,000 of credit sales will be uncollectible. The Allowance for Doubtful Accounts has a $1
Vitek1552 [10]

The Adjustment entry to record the estimated bad debts include debit to Bad Debt Expense of $900 and credit to Allowance for Doubtful Accounts of $900. Thus 2nd and 5th options are correct.

<h3>What is Bad debt?</h3>

Bad Debt refers to the amount of loan which cannot be recovered. It is an outstanding balance which is irrecoverable. Thus in simply words it means the amount which will not be paid by the customer.

According to the given question, The credit balance is $100  in Allowance for Doubtful Accounts.

The credit sales method a specific percentage of credit sales represent bad debts of the previous period. Thus the difference amount comes under Allowance for Doubtful Accounts.

Journal Entry for the estimated bad debts is as follows:

DR. BAD DEBT EXPENSE                                           $900

To CR. ALLOWANCE FOR DOUBTFUL ACCOUNTS                     $900

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7 0
2 years ago
in g Management of a local catering company would like the Food Division to transfer 10,000 containers of its final product to t
scZoUnD [109]

Answer:

The minimum transfer price is $25.

Explanation:

The number of containers to be transferred =  10000 containers.

The rate of its container = $41.00

The selling price of food to customers = $98 per unit.

The variable cost per unit for food division = $37 per unit

The fixed price per unit = $25

The transfer price should be a minimum of $25 that is equal to variable cost because as per the rule the transfer price between the organization should be equal to variable cost or marginal cost. therefore, the minimum transfer price is $25.

7 0
3 years ago
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