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4 years ago

Most countries operate under a(n) ________ exchange rate system

1 answer:

6 0

Most countries operate under a freely floating exchange rate system. A freely floating exchange rate is based on the forex market which relates to the supply and demand and how it relates to other currencies. The forex market is the largest most liquid financial market in the world.

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Which of the following is known as a partnership agreement? articles of partnership distribution of assets shared liability the

Vlad1618 [11]

The correct answer is shared liability

5 0

3 years ago

You are given the three dates shown below. if you add up the year in which each date occurred and the month in which each date o

qwelly [4]

Sorry you need a little more detail for your question.

3 0

4 years ago

The Tree Top Airline (TTA) is a small feeder-freight line started with very limited capital to serve the independent petroleum

nikitadnepr [17]

Answer:

To make it feasible it will need to operate 7 or more planes.

Explanation:

450,000 maintenance facility

useful life of 15 year

salvage value of 100,000

<u>saving cost per plane:</u>

third party cost - own facility cost = cost savings

35,000 - 25,000 = 10,000

present value of the salvage value: (present value of a lump sum)

$\frac{salvage }{(1 + rate)^{time} } = PV$

salvage $ 100,000

time 15 years

Minimum accepter rate of return: 0.12000

$\frac{100000}{(1 + 0.12)^{15} } = PV$

PV 18,269.6261

present worth of the facility:

450,000- 18,268.63 = 431,731.37

Now we determinate the PMT over a 15 years period to know the cost savings per year to justify the facility:

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV 431,731

time 15

rate 0.12

$431731.37 \div \frac{1-(1+0.12)^{-15} }{0.12} = C\\$

C $ 63,388.630

As each plane cost savings are 10,000

63,388.62 / 10,000 = 6.39

the company will need to operate 7 or more planes.

3 0

3 years ago

Stevens Company has had bonds payable of $10,000 outstanding for several years. On January 1, 2018, when there was an unamortize

katovenus [111]

Answer:

-$3,000

Explanation:

Data provided in the given question:-

bonds payable = $10,000

unamortized discount = $2,000

purchased bonds = $11,000

The computation of the consolidated gain or loss on a consolidated income statement for 2018 is given below :-

= (bonds payable - unamortized discount) - purchased bonds

= ($10,000 - $2,000) - $11,000

= $8,000 - $11,000

= -$3,000

4 0

3 years ago

On january 8th your account was charged $30.00 for an overdraft fee. why did that happen?

Zanzabum

On January 8th the account was charged $30.00 for an overdraft fee because It was time to pay the monthly account maintenance charge.

<h3>Why bank charges an overdraft fee?</h3>

When a bank's customer don't have enough money to cover a purchase made using a debit card or a cheque, then the bank will charge the overdraft fee. Rather of denying a charge, the bank will pay it and charge a fee.

In the given case, because it was time to pay the monthly account maintenance charge, the account was charged $30.00 for an overdraft fee on January 8th.

Therefore, bank charged overdraft fee as the date of payment comes.

Learn more about the overdraft fee, refer to:

brainly.com/question/1739416

#SPJ1

5 0

2 years ago