Answer:
The exchange rate is $1 = 2 pounds.
Explanation:
The exchange rate is the relative value of the two currencies. In other words, the amount of one currency you can exchange for another currency.
The US dollar is defined as equal to 0.1 ounces of gold.
The British Pound is defined as equal to 0.05 ounce of gold.
The exchange rate between the two countries is
= 
= 
= 2
So the exchange rate is $1 = 2 pounds. This means that $1 can be used to exchange 2 pounds.
Answer:
The answer is option (C) authority-compliance style.
Explanation:
The authority-compliance style In the context of the Blake/Mouton leadership grid describes when managers or bosses are overly concerned about the effectiveness with which their employees or subordinates get work done without regard for the well being of such employees.
This kind of dictatorial management style is due to the fact that a manager or boss believes that the needs of his/her subordinates or employees are relatively unimportant when compared to achieving success or getting work effectively done.
Answer: The firm issued common stock in 2013.
Explanation:
Since the firm has never paid a dividend to its common stockholders, we can see that the firm issued common stock in 2013.
Looking clearly at the common equity section, we can see that there was an increase in the common stock from $1000 to $2000.
The reduction in the retained earnings from $2340 to $2000 also shows that there was a loss.
Based on the above scenarios, we can say that the firm issued common stock in 2013.
Answer:
Juanita's trainning dilema:
B:People face trade-offs
Icestorm:
A:Markets allocate goods effectively.
Explanation:
Any hour on swimming trainning is one less for bike or running.
Also an hour runnings is one less for swimming or running
an bike hours negate the change for swimming or running.
This is the concept of opportunity cost. chose something is also chose not to do anything else.
When there is need of a certain good, batteries in this case, the market (which is the sum of all people willing to do business) will allocate resource when needed. As the demand for batteries and flashlights increased, the stores chose to purchase these instead of other to replenish the stock and make a stand to the increased demand.
