Answer: For absolute purchasing power to hold, the products must be identical in all markets.
Explanation:
Purchasing power parity (PPP) measures the prices in different sectors using a particular product to differentiate the absolute purchasing power that exists between currencies. Purchasing power parity produces an inflation rate which equals the price of the basket of products at a location divided by the price of basket of products at a different location. In PPP, the products compared must be identical.
Purchasing power parity (PPP) is a theoretical rate of exchange that allows an individual to buy the same quantity of goods and services in all countries. According to purchasing power parity, two currencies are in equilibrium when a basket of goods has the same price in two countries, with the exchange rates taken into account.
Answer:
General purpose Job boards
Explanation:
A job board can be straightforwardly defines as a website where employers advertise job openings for job seekers
A general purpose job board as seen in the question can be defined as a website that offers job recruitment services in its entirety.
This means that both employees and employers use the site to search for and advertise job openings to job seekers respectively. Popular job boards include Glassdoor, Linkedin, etc.
Cheers.
They would be rebuffed and considered responsible. It lays out measures of moral conduct and expert lead workers are required to keep up interior and amid connections with customers and accomplices. An infringement of the code implies you have acted in a way that conflicts with the code. Doing as such prompts outcomes, as laid out in the archive.
Answer: $4950
Explanation:
From the question, we are informed that a company issues 9% bonds with a par value of $110,000 at par on January 1 and that the market rate on the date of issuance was 8% and also that the bonds pay interest semiannually on January 1 and July 1.
There is no discount on the bonds payable because they are issues at par. Therefore, the cash paid on July 1 to the bond holders will be:
= $110,000 x 9% x 6/12
= $110,000 x 9/100 x 6/12
= $110,000 x 0.09 x 0.5
= $4,950
Answer:
2021= $0 gain/loss
2022= $3,500 gain
Explanation:
S and L financial buys and sells securities
On December 27, 2021 S&L purchased coca-cola bonds at par for $965,000
The bonds were sold for $968,500 at January 3 2022
At December 31, the bonds had a fair value of $960,000
Since the amount of fair value has reduced greatly below the value at which it was bought on December 31 then, this implies that there will be no gain/loss that will be recognised in the earnings
Therefore,
The Pretax amount that S&L include in its net income as a result of this investment in 2021 is
= $0 gain/loss in earnings
The pretax amount that S&L include in its net income as a result in this investment in 2022 is
= $968,500-$965,000
= $3,500 gain
