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sammy [17]
3 years ago
5

Chocolate De-lites imports and exports chocolate delicacies. Some transactions are denominated in U.S. dollars and others in for

eign currencies. A summary of accounts receivable and accounts payable on December 31, 20X6, before adjustments for the effects of changes in exchange rates during 20X6, follows:
Accounts receivable:

In U.S. dollars $ 164,000

In 475,000 Egyptian pounds (E£) $ 73,600

Accounts payable:

In U.S. dollars $ 86,000

In 21,000,000 yen (¥) $ 175,300

The spot rates on December 31, 20X6, were

Business
1 answer:
sergij07 [2.7K]3 years ago
5 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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Draw a supply curve, and assume it is the supply curve for processors. suppose the price of gold increases. gold is an input use
Arlecino [84]

Explanation: When the price of gold an input used in the production of processors increases, it leads to a rise in the cost of producing processors. As a result of this, producers will cut down their production and decrease supply. The supply curve for processors will shift upward to the left from S1 to S2 leading to a rise in the price of processors from P1 to P2 and a fall in the quantity of processors being sold in the market from Q1 to Q2.

6 0
3 years ago
You are the manager of a retail store. You believe the economy is in a recession and that sales for the month will be unusually
Naya [18.7K]

Explanation:

In the scenario described above, it can be identified that the behavioral characteristic of the manager is that he is an aggressive person.

This type of behavior has as main characteristics the expression of your ideas, needs and feelings to the detriment of those of other people, this can be seen in the question in the excerpt that says that the manager made an important decision for the business without consulting his superiors because you believe they feel the same way about the economy as you do.

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3 years ago
Bank reserves are $200, the public holds $1000 in currency, and the reserve-deposit ratio is 20%. What is the Value of Bank Depo
Alja [10]

Answer:

What is the Value of Bank Deposits?

bank deposits = bank reserves / required reserve ratio = $200 / 20% = $1,000

What is the Money Supply?

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Suppose that the Fed sells $50 worth of bonds in an "open market sale." Assuming that the public does not wish to change the amount of currency it holds, what is the new money supply after this open market purchase?

if the FED sells $50 worth of bonds, money supply will decrease by $50 x (1 / 20%) = $50 x 5 = $250

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6 0
3 years ago
Coronado Industries had 293000 shares of common stock issued and outstanding at December 31, 2020. No common stock was issued du
Gnesinka [82]

Answer:

$3.72

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5 0
3 years ago
Global trade provides consumers with
n200080 [17]

Global trade provides consumers with MORE OPTION AND LOWER PRICES.

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It is thought that Global trade provides consumers with a great variety of goods and more options delivered at lower prices. Global trade allows countries to exchange goods and resources. Some countries specialise in producing some goods, while other countries specialise in producing other goods. By doing so, there are lower opportunity prices for consumers and a greater choice of goods.

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