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3 years ago

Define a strong dollar?

Business

2 answers:

lora16 [44]3 years ago

3 0

Answer:

A strong dollar occurs when the U.S. dollar has risen to a level against another currency that is near historically high exchange rates for the other currency relative to the dollar.

Explanation:

ExtremeBDS [4]3 years ago

3 0

Answer:

strong dollar- is a situation in which the United States dollar can be exchanged for a relatively large amount of another currency. A Strong dollar makes exports relatively expensive because of foreign purchasers have to pay more, in their currency for goods. imports are relatively inexpensive because of the dollar can purchase a relatively high amount of foreign currency in order to pay for goods. A strong dollar occurs when people want to invest in the U.S. because the financial markets are seen as favorable and providing good returns.

A strong dollar contracts with a weak dollar, which is characterized by a reluctance to invest in the U.S. and creates a situation where imports are expensive and exports are relatively cheap.

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A magazine publisher collects one year in advance for subscription revenue. In the year of providing the magazines to customers,

photoshop1234 [79]

Answer:

The correct answer is letter "B": A decrease in a deferred tax asset.

Explanation:

A Deferred Tax Asset is an asset on a balance sheet of a business that can be used to lower taxable income. It is the opposite of deferred tax liability that reflects something that will increase income taxes. Both are listed under current assets on the Balance Sheet.

The deferred tax asset will be generated when recorded income taxes owed are higher than the income taxes paid to the Government.

Thus, <em>a decrease in deferred tax is recorded when a company has collected revenue in advance for a good not delivered or a service not rendered yet.</em>

5 0

3 years ago

Jim is in the market for a car that will last for the next 10 years and has saved up some money for the purpose of a car. what’s

nordsb [41]

Answer:

Utilizing his saving as a down payment and buying the car using an auto loan.

Explanation:

5 0

3 years ago

The Mateo Corporationâs inventory at December 31, 2018, was $325,000 based on a physical count priced at cost, and before any ne

Oliga [24]

Answer:

The correct answer to the following question is $405,000 .

Explanation:

Given information -

Mateo corporations inventory on 31, December 2018 - $325,000

Merchandise costing , shipped from a vendor on December 30, but was received on January 5, 2019 - $30,000

Merchandise costing, destination from a vendor on December 28, 2018, but was received on January 3, 2019 - $22,000 .

Merchandise costing, shipped to a customer on December 28, arrived at customers location on January 6, 2019 - $38,000

Merchandise costing, held on consignment by Traynor company - $12,000

Mateo corporations inventory as on 31 December 2018 -

$325,000 + $30,000 + $38,000 + $12,000

= $405,000

4 0

2 years ago

Irolt, a company that supplies fast-moving consumer durables, recruits only graduates from top business schools as management tr

e-lub [12.9K]

Answer:

<u>A creative work environment.</u>

Explanation:

A creative work environment is often found in companies with a decentralized organizational structure. This type of structure is more flexible than in a centralized structure, has a lower degree of hierarchy and greater participation of employees in decision-making processes.

A company that has a creative work environment, ensures that its employees have more freedom to solve their own problems and contribute with innovative ideas and suggestions, which ensures a greater sense of employee participation, increases motivation and work valorization .

7 0

3 years ago

On January 1, the first day of the fiscal year, a company issues a $5,000,000, 6%, 10-year bond that pays semiannual interest of

irga5000 [103]

Answer:

Explanation:

The journal entries are shown below:

On Jan 1 - Cash A/c Dr $5,000,000

To Bonds Payable A/c $5,000,000,

(Being bond is issued)

On June 30 - Interest expense A/c Dr $150,000

To Cash A/c $150,000

(Being interest paid for cash)

On December 31, Bonds Payable A/c Dr $5,000,000

To Cash A/c $5,000,000

(Being payment of principal is recorded on the maturity date)

8 0

3 years ago