What is the name of the company, and what is its mission?

When a nation’s currency appreciates, what is the most likely result?

vichka [17]

When a nation's currency appreciates that means there is an increase in the exchange rate. It would result to cheaper imports and lower inflation rates which would be advantageous to those countries who are importing goods. While a weak currency would be better for an economy that's exporting goods to other countries.

8 0

3 years ago

Here are some important figures from the budget of Crenshaw, Inc., for the second quarter of 2019. April May June Credit sales $

ruslelena [56]

Answer and Explanation:

The presentation of the cash budget for the three months is shown below:

Particulars April May June

Beginning

cash balance $182,000 $264,650 $434,150

Add:

Cash receipts :

Credit sales

collections $577,750 $622,700 $621,650

Total cash

available $759,750 $887,350 $1,055,800

Less:

Cash disbursements

Purchases -$289,000 -$302,000 -$282,000

Wages, Taxes

and expenses -$137,000 -$129,000 -$179,000

Interest -$15,600 -$15,600 -$15,600

Equipment

purchases -$53,500 -$6,600 -$248,000

Total

cash disbursements -$495,100 -$453,200 -$724,600

Ending

cash balance $264,650 $434,150 $331,200

Working Notes:

Cash collection from credit sales

Particulars March April May June

Credit sales $561,000 $689,000 $598,000 $751,000

Cash collected :

35% cash collected

in month of sales $196,350 $241,150 $209,300 $262,850

60% cash collected

in following month

of sales $0 $336,600 $413,400 $358,800

Total cash

collected from sales $577,750 $622,700 $621,650

7 0

3 years ago

Some companies require employees to only use their company cell phones for work related activities. Companies can check phone re

11Alexandr11 [23.1K]

Answer:

The correct answer is letter "D": honesty.

Explanation:

By relying on employees' honesty, companies who provide workers certain benefits such as corporate mobile phones or credit cards believe employees will make correct use of those resources. Some entities prefer to implement tracking systems that allow them to check for what purposes those resources were utilized not only to verify their proper use but to evaluate what kind of employee they are dealing with.

4 0

3 years ago

If the fixed costs for a product decrease and the variable costs (as a percentage of sales dollars) decrease, what will be the e

il63 [147K]

Answer:

Option (b) is correct.

Explanation:

Contribution margin ratio is the difference between the selling price of the product and the variable cost of the product.

Contribution margin ratio = Selling price - Variable cost

Now, if there is a decrease in the fixed costs and variable costs of the product then as a result contribution margin ratio increases because of the fall in variable cost.

Break even point = (Fixed expense ÷ Contribution margin ratio)

If there is an increase in the contribution margin ration and a reduction in the fixed expense then as a result break even point decreases.

Increased; Decreased

7 0

3 years ago

Kim Jordan says that she believes that "to whom much is given, much is expected." This statement speaks of her personal convicti

Marrrta [24]

Answer:

Instrumental values.

Explanation:

The two types of values that exist are terminal values and instrumental values. Terminal values are the ones people consider of the greatest importance and desire the most. These consist of goals sought after by individuals during their whole life, such as happiness, recognition, professional success, and more. On the other hand, instrumental values relate to beliefs about what are right means to fulfilling the terminal values, such as honesty, sincerity, ethics, etc. These values have more relation to the characteristics of their personality and character.

6 0

3 years ago