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Ronch [10]
3 years ago
11

Indicate whether each of the following creates a demand for or a supply of European euros in foreign exchange markets:__________

_.
a. A U.S. airline firm purchases several Airbus planes assembled in France.
b. A German automobile firm decides to build an assembly plant in South Carolina.
c. A U.S. college student decides to spend a year studying at the Sorbonne in Paris.
d. An Italian manufacturer ships machinery from one Italian port to another on a Liberian freighter.
e. The U.S. economy grows faster than the French economy.
f. A U.S. government bond held by a Spanish citizen matures, and the loan amount is paid back to that person.
g. It is widely expected that the euro will depreciate in the near future.
Business
1 answer:
DIA [1.3K]3 years ago
4 0

Answer:

A: Demand of euros in foreign market.

B: Supply of Euros

C: Demand of Euros

D: Demand of Euros

E: Supply of Euros

F: Demand of Euros

G: Supply on Euros.

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The Allowance for Bad Debts account has a credit balance of $ 5 comma 000$5,000 before the adjusting entry for bad debts expense
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Answer:

62,200 allowance ending

Explanation:

allownce 5,000 credit

<u>Because the bad debt is calculate over the sales,</u> the bad debt expense is the result of that estimated, without considering the beginning balance of the allowance.

22% of net credit sales will be uncollectible:

260,000 x 22% = 57,200

<u>Now ending balance will be beginning + uncollectible for the period</u>

5,000 beginning

57,200 uncollectible for the period

62,200 allowance ending

4 0
3 years ago
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Tammy's take-home pay is $800 a month. 7% of her take-home pay is spent on her cell phone bill. how much is tammy's monthly cell
ioda
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3 years ago
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GDP does not directly include: Select one: a. the value of goods produced domestically and sold abroad. b. the value of intermed
serg [7]

Answer:

The value of intermediate goods sold during a period.

Explanation:

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However, the <em>intermediary goods </em>aren't accounted for as, there will be an error of double counting. <em>Because </em>when you count for an <em>intermediary good </em>and that good is now <em>finished</em> and part of another good, when you will count that <em>finished good</em>, the value of that intermediary good will be counted also, so this will double the numbers of your <em>GDP </em>and you will make an error.

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MATCH EACH TERM WITH EACH DEFINITION
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Answer:

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8 0
3 years ago
Database Systems is considering expansion into a new product line. Assets to support expansion will cost $750,000. It is estimat
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Answer:

The net income is $150,500 and the return on assets is 20.06 %

Explanation:

The formula for computing net income and return on assets is shown below and the computation is also made.

Net income =  Sales revenue × Profit margin

                   = $2,150,000 × 7%

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Return on assets = Net income ÷ total assets

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                            = 0.2006

                            = 20.06 %

Thus, the net income is $150,500 and the return on assets is 20.06 %

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