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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>.

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Pierce Company issued 11% bonds, dated January 1, with a face amount of $800,000 on January 1, 2021. The bonds sold for $739,816
sdas [7]

Answer:

unrealized gain from change in market value = $10,617

Explanation:

Bonds carrying value = $739,816

amortization of bond discount = ($739,816 x 6%) - ($800,000 x 5.5%) = $389

amortization of bond discount = ($740,205 x 6%) - ($800,000 x 5.5%) = $412

bond's carrying value = $740,205 + $412 = $740,617

unrealized gain = carrying value - market value = $740,617 - $730,000 = $10,617

8 0
2 years ago
A firm has $600,000 in current assets and $150,000 in current liabilities. Which of the following is correct if it uses cash to
Molodets [167]

Answer:

4) Net working capital will not change.

Explanation:

The best answer to the question is the 4th option. The net working capital will not be changed if company would be usingcash to pay off their accounts payable. Also the difference that exists between current assets and current liabilities will also stay the same way as it was before. current ratio will go up to 5.5.

Thank you.

4 0
3 years ago
Ballpark has shares of par common stock outstanding. Ballpark announces a stock split of for1. What is the effect of the​ split?
Harman [31]

Answer:

The answer is 'it increases the number of shares outstanding'

Explanation:

Stock split increases the number of shares outstanding. It causes dilution of earnings per share.

For example, ABC Inc. has 50,000 shares outstanding and it announces a stock split of 3-for- 1.

This means that any shareholder that has 1 will exchange that 1 share for 3 shares. So at the end of the stock split the total number of shares outstanding will be 150,000 shares (50,000 x 3)

6 0
3 years ago
When compliance, clarification, culture, and connection are all effectively addressed with a strategic system in place, the orga
mario62 [17]

When all four elements of clarification, culture, compliance and connection are effectively addressed through a strategic onboarding system, the organization will be considered successful onboarding.

<h3>What is the successful onboarding?</h3>

A successful onboarding program is most expected to include clarification, compliance, culture, and connection and follow-ups, relying on the size and needs of any company. This is also called as the 4 C's of the onboarding.

Therefore, It all start out in the present moment, a new employee accepts the position.

Learn more about the successful onboarding, refer to:

brainly.com/question/10370903

#SPJ1

6 0
2 years ago
You have received a research report done by a consultant for your firm, a life insurance company. The study is a survey of moral
Semmy [17]

Answer:

The research report must have the following attributes:

  • Easy to read and prepared in very simple language
  • A good report must outlay all arguments and results, facts, and arguments in a way that aligns properly with the objective of the report
  • the report must be prepared on time
  • It must be straightforward. The presentation must be very well articulated, properly spaced, aligned using very clear font types.

Cheers

5 0
3 years ago
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