A strong currency occurs when the value of a country's currency has risen to a level against another currency that is near historically high exchange rates. This means that a currency is worth more relative to other currencies. Because most currencies are floating, their values vary according to market trends. When one unit of currency trades for more units of another, it is said to be a strong currency. The advantage of this is, travelers are able to go abroad while spending less of their money, also it makes exports more expensive in other countries.
The answer to the question above is "animism" which is the term for the situation explained on the question above. Animism is a term that explains a situation where a person describes an unliving object as a living creature. In the passage above, Marcy was treating the table as a living creature, thus, "animism" is the best answer for the question above<span>.</span>
Answer:
Cash basis accounting (record accounting transactions only when the corresponding cash is received or payments are made)
Revenues (cash receipts) $57,000
<u>Expenses ($27,250+$11,750) $39,000
</u>
Net income $18,000
Accrual basis accounting (record accounting transactions for revenue when earned and expenses when incurred)
Revenues (earned) $65,000
<u>Expenses (incurred) $35,500
</u>
Net Income $29,500
Answer: trade-barries
Explanation: trade-barries (c) just answered it on test prep 2020
Answer:
Dividends payout ratio: 59.375%
Explanation:
Dividends payout ratio: the proportion of the earnings which are distributed among the shares.
<u>Dividends per share:</u> 2 dollars
<u>Earning per share:</u>
net income / average outstanding shares:
income 190,000
average outstanding shares: (140,000 + 180,000)/2 = 160,000
190,000/160,000 = 1.1875
Dividends payout ratio:
1.1875/2 = 0.59375 = 59.375%