1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
eimsori [14]
3 years ago
6

As an investor studying the gold standard, Kyle knows that he would need 44 euros to purchase one ounce of gold. These 44 euros

represent thegold reserve ratio.gold mix ratio.gold par value.gold margin.balance-of-trade equilibrium.
Business
1 answer:
Fudgin [204]3 years ago
7 0

Answer:

The correct answer is the option C: Gold par value.

Explanation:

To begin with, a <em>gold standard</em> is a <em>monetary system</em> where a country's currency has a value directly linked to a fixed amount of gold that the country possesses. Secondly, in that system, if a situation where any person wants to exchange a certain amount of the currency for an amount of gold presents, that person in his right to go to the national bank who ownes the gold reserves and exchange that amount of money for a fixed amount of gold, where that last amount receives the name of <u><em>''gold par value''</em></u>.

You might be interested in
If you borrow money from a bank, you are the ____________. A. Creditor B. Lender C. Debtor D. Investor
wolverine [178]
<span>If you borrow money from a bank, you are the ____________.  </span>
<span>C</span>
5 0
3 years ago
Read 2 more answers
Give an example of a voucher​?
MrMuchimi

Answer:

The answer would be,

Explanation:

Voucher: They help record expenses and also help with your payment. They can also be defined as source documents that help identify the origin of a transaction.

Example: cash memos, pay-in-slips.

5 0
3 years ago
A company plans to sell 5,700 units in June. The company has 855 units in beginning inventory and has a target of 900 ending inv
Katarina [22]

Answer:

5,745 units

Explanation:

As we know that

Number of units produced = Estimated units sold + ending inventory units - beginning inventory units

= 5,700 units + 900 units - 855 units

= 5,745 units

We simply added the ending inventory units and deduct the beginning inventory units to the Estimated units sold so that the number of units produced could come.

4 0
3 years ago
Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Bali in Indonesia. The comp
uysha [10]

Answer:

1. 6,000

2. 7,200

Explanation:

1. Calculation to determine how much of the ending inventory consists of fixed manufacturing overhead cost deferred in inventory to the next period.

Using this formula

Ending inventory=Fixed manufacturing overhead/Units produced*Ending units

Let plug in the formula

Ending inventory=62,000/310*30

Ending inventory=6,000

Therefore how much of the ending inventory consists of fixed manufacturing overhead cost deferred in inventory to the next period is 6,000

2. Preparation of an income statement for the year using variable costing.

IDA SIDHA KARYA Company Variable Costing Income Statement

Units produced cost (130+350+50=530)

Sales $254,800

(280*910)

VARIABLE EXPENSES:

Variable cost of goods sold $148,400

(280*530)

Variable selling and administrative expense $11,200

(280*40)

Contribution margin $95,200

($254,800-$148,400-$11,200)

FIXED EXPENSES:

Fixed manufacturing overhead $62,000

Fixed selling and administrative expense $26,000

Net operating income $7,200

($95,200-$62,000-$26,000)

Therefore the income statement for the year using variable costing is $7,200

5 0
3 years ago
Movie theaters tend to charge higher ticket prices for evening and weekend shows. This implies that the demand for these tickets
zavuch27 [327]

Answer:

A. inelastic

Explanation:

Inelastic demand is when people buy about same amount whether price drops or rises.

Even with the higher changes in the prices in the cinema, there is not considerable impact on Movie going audience. Also, addition to it, people go to cinemas at evening and weekend shows more than daytime shows or weekday shows even the tickets have price higher.

<u>This shows that the inelastic nature of movie ticket demand.</u>

3 0
3 years ago
Other questions:
  • Cahalane Corporation has provided the following data for its two most recent years of operation: Selling price per unit $ 91 Man
    14·1 answer
  • Late in the​ semester, a friend tells​ you, ​"I was going to drop my psychology course so I could concentrate on my other​ cours
    15·1 answer
  • Felinas Inc. produces floor mats for cars and trucks. The owner, Kenneth Felinas, asked you to assist him in estimating his main
    12·1 answer
  • One of your employees mentions to you that there is an active grapevine in your organization. Which of the following assumptions
    15·1 answer
  • 2. What is a stock exchange?
    7·1 answer
  • On the end-of-period spreadsheet, Supplies has a balance of $2,000 in the Unadjusted Trial Balance Debit column and an adjustmen
    5·1 answer
  • ssume the following: Gross salary = $120,000 Employee contributions to 401-K = $12,000 Employer match to 401-K = $5,000 Flexible
    7·1 answer
  • A machine operates with the following production cycle: 34 minutes of setup, 70 minutes of production. While in production, the
    13·1 answer
  • A motive is always required for the suspect to be criminally liable
    11·1 answer
  • Arthur, the ruler of Avalon, has asked for your help with the economy of his country. Arthur's economic minister provides you wi
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!