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Andrews [41]
3 years ago
15

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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Marcos launched a small business by inventing, patenting and commercializing a new hand tool. Big Co. has produced a cheaper kno
frosja888 [35]

Answer:

C) Hire a litigator who will agree to a contingent fee structure and require payment only if Marcos obtains a settlement or jury verdict.

Explanation:

Generally when lawyers agree to a contingent fee structure is because they are convinced their chances of winning are high. Lawyers will accept a fixed percentage of the amount recovered, usually this percentage is around 1/3 of the final settlement.

This type of agreement is very useful since you don't need to invest a lot of money, and the lawyer's pay comes from the money awarded by the jury (or a settlement).

6 0
3 years ago
Shoshone County uses the consumption method to account for supplies. At the beginning of the year the City had no supplies on ha
zhuklara [117]

Answer:

Expenditures $300,000; Supplies inventory $150,000.

Explanation:

The consumption method recognizes an asset when an item is purchased and an expense when an item is used or consumed. Therefore, when supplies are first bought, Supplies Inventory has a balance of $450,000.

After using those supplies during the year, $300,000 should be debited from Supplies Inventory and credited to Expenditures.

Therefore, at fiscal year-end, the appropriate account balances on the General Fund financial statements would be: Expenditures $300,000; Supplies inventory $150,000.

3 0
3 years ago
Revenues and expenses arising from activities that are not part of the company's operations are classified as ______ revenues an
lbvjy [14]

Answer:

Nonoperating

Explanation:

The activities through which revenue and expenses occur which do not take part in the operations of business is consider as nonoperating.

6 0
3 years ago
Which of the following is not a type of informal report?
lozanna [386]

D feasibility is your best answer

Feasibility means "easily or conveniently done", which is not a extremely formal way of finishing things.

Complaints generally are formal, for you are trying to do business.

Progress brings formatility, for it must be formal and formatted for success.

Troubleshooting also needs formality, so that one can solve the problem as soon as possible

hope this helps

8 0
3 years ago
Jacob has built up a wide network of contacts, clients, and local business neighbors since moving to Central City five years ago
Nata [24]

Answer:

The answer is network.

Explanation:

Network is a way of interacting with others to exchange some information or establish social contacts. Since Jacob has built up a wide range of contacts, clients, and local business neighbors over the years as mentioned in the statement, he will generally leverage on the network he has developed with these individuals as he intend to move to another phase of his career.

7 0
3 years ago
Read 2 more answers
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