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valentinak56 [21]
3 years ago
8

When the dollar "falls" compared to other currencies, this means A) it takes more dollars to equal a unit of foreign currency. B

) it takes fewer dollars to equal a unit of foreign currency. C) the value of a unit of foreign currency is harder to measure in dollars. D) the value of a dollar is harder to measure, compared to foreign currencies.
Business
1 answer:
MakcuM [25]3 years ago
7 0

Answer:

A) it takes more dollars to equal a unit of foreign currency.

Explanation:

When a dollar falls , it means that the value of the dollar has decreased relative to a certain foreign currency. For example, if the USD/CAD exchange rate was 1.219 in Jan,2014, it means that the CAD is the foreign currency and it will cost you USD1.219 to buy 1CAD currency.

If in Jun, 2014, the USD/CAD falls to 1.350, it means that the value of the USD has decreased and CAD has increased hence you will pay more USD to buy the foreign currency. The vice, versa is also true.

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Below is the complete question:

CANDIDATE: Thank you for agreeing to conduct some research to assess my potential as a candidate in the upcoming election.

CONSULTANT: You're welcome. As a first step, our team analyzed the other potential primary contenders. The reality is that with such a strong field, it is going to be difficult to gain the _______ of votes necessary to avoid a runoff unless you want to go negative from the start.

Answer:

Majority

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The reality is that with such a strong field, it is going to be difficult to gain the MAJORITY of votes necessary to avoid a runoff unless you want to go negative from the start.

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Explanation:

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3 years ago
Two items are omitted from each of the following three lists of cost of goods sold data from a manufacturing company income stat
WARRIOR [948]

Answer;

Cost of goods manufactured =  Cost of finished goods available for sale - Beginning inventory of finished goods.

Cost of goods sold = Cost of finished goods available for sale - Ending finished goods

a. Cost of goods manufactured =  Cost of finished goods available for sale - Beginning inventory of finished goods.

331,000 = a - 64,900

a = 331,000 + 64,900

= $395,900

b. Cost of goods sold = Cost of goods manufactured - Ending finished goods

b = 395,900  - 76,800

= $319,800

c. Cost of goods manufactured =  Cost of finished goods available for sale - Beginning inventory of finished goods.

c = 178,600 - 18,800

= $159,800

d. Cost of goods sold = Cost of finished goods available for sale - Ending finished goods

d = 178,600 - 37,500

= $141,100

e. Cost of goods manufactured =  Cost of finished goods available for sale - Beginning inventory of finished goods.

65,800 = 103,400 - e

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3 years ago
Everything else equal, an asset's value is:
Harrizon [31]

Answer:

The correct option is A, an asset's value is inversely related to the rate of return investors require to purchase it

Explanation:

The asset value is the initial purchase price determined by discounting the future cash flows from the asset to present values using a the required rate of return.

Ultimately, the higher the required return, the lower the present value of the investment whose price is being determined and the lower the discount the rate of return used in discounting relevant cash flows to present values the higher the present values.

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3 years ago
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3 years ago
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