Answer with Explanation:
Foreign exchange rates can have significant impact on the company's financial statements because the spot rate at that date can be affect the value of the company's assets. It is very common in consolidated financial statement of a multinational companies.
The impact on the financial statements can be as under:
- The fluctuation in currency value can under or over statement of assets, liabilities and Income & Expenses.
- The fluctuation makes the analysis of the financial statements meaningless. The performance of the company in a consolidated statement will be in a state that would not be better understood or time consuming by experts to develop understanding of what the financial statement is saying. It would be difficult for an ordinary person to understand the performance of the business.
- It can also also manipulate the value of the assets of the company because increase in devaluation of the currency means increase in inflation and vice versa.
- The value of the company acquired can be affected significantly which means that the investment (value of whole company) can turn into significant losses which means it can result reporting losses of in a consolidated financial statement. This would also result in decrease in the stock value of the group as a whole.
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Based on the cost of the inventory to Windsor Inc, and the FIFO method, the gross profit for the month is C. $1,520
<h3>What is Windsor's gross profit?</h3>
FIFO means that the earlier goods are sold first.
210 units were left on hand which means that none of the Purchase on the 28th of January was sold.
The 15th Janaury purchase sold:
= 130 - (210 - 130)
= 50 units
The sales revenue is therefore:
= (260 + 50) x 9
= $2,790
The cost is:
= (260 x 4) + (50 x 4.60)
= $1,270
Gross profit is:
= 2,790 - 1,270
= $1,520
Find out more on FIFO at brainly.com/question/24137318.
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Answer:
Hiệu trưởng, P = $71428.57
Explanation:
Cho các dữ liệu sau đây;
Thời gian = 7
năm Lãi suất = 10%
Lãi suất đơn giản = $50,000
đô la Để tìm số tiền gốc;
Về mặt toán học, lãi đơn giản được tính bằng công thức này;
Ở đâu;
- S.I là lãi suất đơn giản.
- P là hiệu trưởng.
- R là lãi suất.
- T là thời gian.
Thay vào công thức, ta có;
Cross-multiplying, we have;
<em>Hiệu trưởng, P = $71428.57</em>
Answer:
B it occurs where the market demand and supply curves intersect.
Explanation:
The equilibrium price is the current market price, as determined by the forces of demand and supply. It reflects the price at which buyers and sellers agree for a specified quantity of a product in a given time.
In a graph containing both the demand and supply curve, the equilibrium price is the two curves' intersection. At this price, there will be excess or short supply in the market.
