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3 years ago

What were the origins of the Asian currency crisis?

Business

1 answer:

valina [46]3 years ago

8 0

Answer:

East and South east Asia

Explanation:

The crisis that later blew up to become a financial crisis over the year started from the east and south east Asia countries of Thailand , Indonesia and South korea in 1997 before spreading to other counties leading to a fall in value of the currencies ,and fall in stock market and assets prices as the exchange rate continued to nosedive.

It was sparked up by the inappropriate borrowing by the private sector in the previous years

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Bud’s Bucket ice cream company produces a chemically enriched ice cream and decides to penetrate the gourmet market by offering

ipn [44]

Answer:

It may turn off it's current customer base and cause them to purchase a competitors ice cream.

Explanation:

Market penetration strategy is the process of selling current products to an already existing market so as to obtain a higher market share by taking the market shares from the other competing companies.

Market penetration strategy uses low prices to generate demand for a product and increase market share. Bud's bucket ice cream decides to penetrate the gourmet market by offering its same ice cream at high prices instead of reducing the price, this might lead to a reduction in their current customer base.

6 0

3 years ago

In 1972, computer scientist ________ recognized that digital devices would change the world as they evolved and became widely us

marishachu [46]

<span>In 1972, computer scientist Gordon Bell recognized that digital devices would change the world as they evolved and became widely used.
</span>Gordon Bell was an American electrical engineer and manager.<span> He was responsible for the first mini- and timesharing computers and is famous for his development of DEC's highly-successful VAX architecture.</span>

5 0

3 years ago

Money serves as a good store of value except when an economy experiences a period of _____.

Marat540 [252]

Money serves as a good store of value except when an economy experiences a period of INFLATION.

3 0

3 years ago

Which statement best describes the difference between a market and traditional economy

icang [17]

Answer: in a traditional economy, decisions are based on habit and custom

Explanation:

4 0

11 months ago

Makers Corp. had additions to retained earnings for the year just ended of $261,000. The firm paid out $194,000 in cash dividend

gladu [14]

Answer:

a. $3.5 per share

b. $1.49 per share

c. $38.38 per share

d. 1.93 times

Explanation:

The computation is shown below:

a. Earning per share = (Net income) ÷ (Number of shares)

where,

Net income = Additions to retained earnings + cash dividends

= $261,000 + $194,000

= $455,000

So, the earning per share equal to

= $455,000 ÷ 130,000 shares

= $3.5 per share

b. Dividend per share = (Total dividend) ÷ (number of shares)

= ($194,000) ÷ (130,000 shares)

= $1.49 per share

c. Book value per share = (Total equity) ÷ (number of shares)

= ($4,990,000) ÷ (130,000 shares)

= $38.38 per share

d. Market to book ratio = (Market price per share) ÷ (book value per share)

= $74 ÷ $38.38

= 1.93 times

7 0

3 years ago