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Ray Of Light [21]
3 years ago
15

If there's a huge increase in the number of Americans traveling to Europe (say, for the Olympics), then the effect on the foreig

n exchange market is that the___________. A. demand for euros would decrease. B. supply of euros would increase. C. demand for euros would increase. D. supply of euros would decrease
Business
1 answer:
ICE Princess25 [194]3 years ago
8 0

Answer:

Option (C) is correct.

Explanation:

If there is a huge increase in the number of Americans travelling to Europe then as a result the demand for the euros increases in the foreign exchange market.

Americans won't be able to spend dollar for doing any transaction in Europe, so there is a need to exchange dollar for euros. Hence, this will increase the demand for euros and there is a appreciation of Europe currency. Therefore, the value of euro also increases.

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The demand for bread in Ahoma City ranges from 100 to 120 tons per day, every day of the year. The demand is easily satisfied on
Soloha48 [4]

Considering the situation described above, this demand for bread can be categorized as a "<u>static demand</u>."

This is because a <u>static demand</u> is a type of demand that is not flexible at any given point.

Also, demand is said to be static when the change in quantity demand of a commodity is relative to a change in the unit price of a commodity.

Thus, in this case, when the demand for bread in Ahoma City ranges from 100 to 120 tons per day, every day of the year, this is an example of a <u>Static demand</u> because it is stable throughout the year.

Hence, in this case, it is concluded that the correct answer is "<u>Static Demand</u>."

Learn more here: brainly.com/question/2888806

7 0
3 years ago
Jeremy Ortiz is an employee of Insulor Flooring, where his job responsibilities include selling service contracts to customers.
grandymaker [24]

Answer:

Pay recorded for September 29 is $2,100

Explanation:

Jeremy Ortiz is paid based on two sources of income. The first being the annual salary of $36,000 and the second is the commission on all the service contracts sold, which is 3%.

Since the pay period is of semimonthly (15 days), the annual salary would be divided by 24 instead of the regular 12 months. This would mean that salary of $1,500 ($36,000 / 24) would be recorded in the payroll register.

For the commission, the sales done during this semimonthly period was $20,000 of service contracts. The commission at 3% of all sales would be $600 ($20,000 x 3%).

Total pay recorded in the payroll register for the September 29 period would be $2,100 ($1,500 + $600).

3 0
3 years ago
KCE Corporation is currently operating at its target capital structure with market values of $140 million of equity and $155 mil
MariettaO [177]

Answer:

Option (a) is correct.

Explanation:

Given that,

Equity = 140 Millions

Debt = 155 Millions

Debt Equity Ratio = Debt ÷ Equity

                             = 155 Millions ÷ 140 Million

                              = 1.11

KCE is financing its new project with 25 Millions

Let the New debt issued by x   and the New equity financed be (25-x) .

Debt Equity Ratio = Debt ÷ Equity

1.11 = (155 + x) ÷ (140 + 25 - x)

1.11 = (155 + x) ÷ (165 - x)  

183.15 - 1.11x = 155 + x

28.15 = 2.11 x

x = 13.34

Option (a) is the most nearest to this answer.

New Debt = 155 + 13.34

                 = 168.34 Millions

New Equity = 140 + 11.66

                    = 151.66 Millions

5 0
3 years ago
How do perspectives on competitive advantage differ when comparing brick-and-mortar stores to online businesses (e.g. Best Buy v
Oliga [24]

Answer:

Competitive advantage is about the strengths and capabilities, unique characteristics of any product or service, an individual, or a firm. It is hard to gain a competitive advantage because becoming different and achieving what others or other products do not possess is not at all easy. It requires a lot of time, planning, dedication and determination to grow above all and gain competitive advantage over them.

8 0
3 years ago
Assume that the one component unit had program revenues of $47,600 and expenses of $64,000 and spent $10,900 for land during Yea
Marrrta [24]

Answer:

Explanation:

If the overall increase in net assets remains the same at $154,000 then the program revenues and expenses were not included in the final figures for the government-wide financial statements. These two items were presented individually but should have blended with the total amount.

If these two figures were combined with the overall increase in net assets, the new figure would surmount to $137,600. This causes a decrease of $16,400 in net assets.

Net Assets = 154,000 + 47,600 – 64,000 = $137,600

Decrease amount = 154,000 – 137,600 = $16,400

7 0
4 years ago
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