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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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Suppose that an economy's labor productivity fell by 3 percent and its total worker-hours remained constant between year 1 and y
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Answer: 1. real GDP declined.

Explanation:

If labor productivity fell yet the workforce did not increase, that means that for Years 1 and 2, workers were producing less than they were producing before because the same number of people were producing.

This means that the amount of goods produced in the country would reduce and therefore GDP would reduce as well as GDP is the amount of goods and services produced in a country. If labor productivity had fallen yet the work-hours had increased, the increase in worker hours would have made up for the loss of labor productivity.

6 0
2 years ago
Plummer Industries purchased a machine for $43,800 and is depreciating it with the straight-line method over a life of 8 years,
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Answer:

$2,580

Explanation:

Depreciation = (Cost - Residual Value)/ Useful life

Yearly depreciation = ($43-800 - $3000)/8 = $5100

At the end of Year 5, total depreciation would be = $5100 X 5 = $25,500

Net book value at the end of year 5 = $43,800 - $25,500 = $18,300

Year 6, the extra ordinary repair that extended the useful life would be capitalized. Book value = $18,300 + $7,500 = $25,800

As 5 years have been expended, the remaining useful life would be 15-5 = 10 years

Depreciation expense year 6 = $25,800/10 = $2,580

7 0
3 years ago
Twitter allows companies to reach consumers with ________.
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Twitter allows companies<span> to promote their products in short messages known as tweets limited to 140 characters, therefore, the answer that would best complete the given statement above would be option B. </span>Twitter allows companies to reach consumers with s<span>hort, personal messages. Hope this answers the question.</span>
5 0
3 years ago
Read 2 more answers
When buyers refuse to pay a product’s stated price or when improvements in other items or fashion changes reduce the appeal of t
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Reduction in the price. If they do not reduce the price, then people will not buy the product, and they will be left with too many of the same products. 


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3 years ago
On April 16, 2018, Rodriguez Corporation reacquired 12,000 shares of its own $10 par stock for $660,000 cash. On November 4, 201
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Answer:

The answer is a) Credit to additional Paid In Capital: Treasury Stock Transactions of $10,000.

Explanation:

The repurchased price per share in April 16,2018 is equal to: 660,000/12,000 = $55 per share;

Thus, once the reissued of these 12,000 repurchased shared took place, common stock account will be credited at the amount equal to 55 x Number of share reissued. In case the reissued price is higher than $55, the surplus amount will be Credited into Paid-in Common share account to present the difference between cash receipt and common share recorded; in case reissued price is lower than $55, Retained earning account will be debited to present the difference between cash receipt and common share recorded

As a result, the reissued of share on November 4,2019 will include a $10,00 credited to additional Paid In Capital; calculated as (65-55) x 1,000 = $10,000.

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2 years ago
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