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lorasvet [3.4K]
3 years ago
15

What is the rate at which one currency is converted to another currency called?

Business
2 answers:
n200080 [17]3 years ago
4 0
My answer would be C ''Foreign Exchange Rate''.
liraira [26]3 years ago
4 0

the answer would be c

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Which statement is true?. . A. The value of money that you save increases over time.. B. The value of money remains constant ove
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The statement that is true among the choices given is option C. The presentvalue of money is greater than its future value. This statement is a fact and is always true. The present worth of a money is greater than its future value due to inflation. This is the principle called the time value of money.
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Please help! How do you do a SWOT Analysis on a product idea?
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3 years ago
The ​, ​, and partnership balance sheet reports capital of for ​, for ​, and for . is withdrawing from the firm. The partners ha
mash [69]

Complete Question:

The O'Hara, Parness​​, and Lincoln partnership balance sheet reports capital of $50,000 for O'Hara​, $125,000, for Parness​, and $25,000 for Lincoln.  O'Hara is withdrawing from the firm. The partners have shared profits and losses in the ratio of 1/2 to O'Hara​, 1/4 to ​Parness, and 1/4 to Lincoln. The partnership agreement states that a withdrawing partner will receive cash equal to the book value of his​ partners' equity. Journalize the withdrawal of O'Hara.

Answer:

The O'Hara, Parness​​, and Lincoln Partnership

Journal Entry:

Date      Description                   Debit              Credit

            O'Hara Capital A/c     $50,000

            Cash Account                                       $50,000

To record the withdrawal of O'Hara and his capital interest.

Explanation:

The Partnership of O'Hara, Parness, and Lincoln can use the journal entry as above to record the withdrawal of a partner.  The O'Hara's Capital account previously had a credit balance and cash will be involved in settling O'Hara, the journal entries to complete the withdrawal of O'Hara are a debit to the O'Hara's Capital account and a credit to the Cash account.  This arrangement is in accordance with the partnership agreement.  This is the most important governing law for the partnership and everything or transaction affecting the partnership must be done accordingly.  It is only in the absence of an agreement that the laws or general practise concerning partnership can be applied.

7 0
3 years ago
Ryan works at a community college and the college requires all employees to contribute to a pension fund. At this time, he is no
seropon [69]

Answer:

pension funds usually make conservative investments

Explanation:

Pension funds are pools of investment that are used to prepare an employee for retirement. Pension contributions are made either by the employer or the employee.

These funds are collected and invested by Pension Fund Administrators (PFA).

Primarily pension funds are invested in stocks and bonds.

The aim of the investments is to make low risk profit on the funds. So Ryan is not worried about the safety of his pension contributions because they are put in conservative investments that have low risk of loss.

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Countries in which people live on less than $1,000 a year are generally concentrated in what region of the world
Snowcat [4.5K]
I think its Antartica
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2 years ago
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