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igor_vitrenko [27]
3 years ago
10

When a tourist goes to a bank in a foreign country to convert money into the local currency, the exchange rate used is the forwa

rd rate?
Business
1 answer:
lord [1]3 years ago
5 0
The conversion rate is little less as compared to that of the exchange showing in forex
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Kate contracts Ofc Depot Inc. to install air conditioning units for each office in her company. Kate wanted the work to be done
PtichkaEL [24]

The answer is, Ofc Depot is entitled to a partial recovery under the contract.

<h3>What is the meaning of immediate recovery?</h3>
  • The most frequent type of recovery, immediate or short-term, happens shortly after an exercise session or other activity.
  • Low-intensity activity after working out and during the cool-down period is part of short-term healing.

<h3>What is short term recovery?</h3>
  • Response and short-term healing occur simultaneously and are overlapping.
  • It entails undertaking tasks including restoring interrupted utility and other necessary services, reopening transportation routes, and offering food and shelter to individuals who were displaced by the catastrophe.

<h3>What are the 5 stages of recovery?</h3>
  • Precontemplation, contemplation, preparation, action, and maintenance are the five stages of addiction treatment.

Learn more about partial recovery here:

brainly.com/question/15340461

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7 0
2 years ago
Qualified dividends may be subject to a marginal tax rate of 23.8 percent (20 percent for the capital gain and 3.8 percent tax o
djverab [1.8K]

Answer:

True

Explanation:

Qualified dividends are ordinary dividend that enjoy special tax privilege by being taxed at lower rate. The rate is based on specific tax rate which range from  0% to 20% depending on the income threshold. Though these dividends are taxed based on this specific lower tax rate compare to income tax rate, they are also subjected to net investment income of 3.8% if they earn above certain threshold.

However for dividends to be qualified, it must meet the two requirements given by the Internal Revenue Service (IRS). The requirements are:

*The dividend must have been paid by an entity incorporated in the United States or a qualifying foreign entity.

* The stock must have been held within the minimum holding period specified by the tax law.

So the answer is true because qualified dividends may be subject to a marginal tax rate of 23.8% for taxpayers with income over a certain threshold as explained above.

5 0
3 years ago
Binz Company provides cleaning services and sells garbage bins to office clients. On June 1^st, Binz delivered 100 garbage bins
VashaNatasha [74]

Answer:

The correct option is C.

Explanation:

Based on<em> IFRS 15 Revenue from Contracts</em> <em>with Customers:</em>

  • a contract is an agreement between two or more parties that creates enforceable rights and obligations.
  • revenue is an income arising in the course of an entity's ordinary activities.

The recognition of income arising from the supply of garbage bins and cleaning services is<em> bona fide</em>, since the two services are in the company's ordinary activities.

  • When the supply of the garbage bins took place, delivery took place and ownership has been transferred to the client, so Binz Company can recognize the income as earned.
  • The contract for 5-year cleaning services has to be recognized over the service year in line with accrual principle in accounting.
7 0
3 years ago
On November 1, 2021, Ziegler Products issued a $200,000, 9-month, noninterest-bearing note to the bank. Interest was discounted
IceJOKER [234]

Answer:

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7 0
3 years ago
Roger always purchased insurance for the 10 years he owned an expensive speedboat. Since he never had an accident, the premiums
miv72 [106K]

The answer base on the given scenario would be letter a, Roger would gain benefits as he was protected from a financial loss as this insurance covers him financially as the insurance of which premiums he has paid and were to gain would only make him the person of having to have the benefit as he is the one who has the insurance covered for him, which is entitled to his name and that the benefits and offers would be his gain.

6 0
3 years ago
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