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gayaneshka [121]
3 years ago
6

Exchange rate forecasting is: Group of answer choices important because exchange rates influence all aspects of business. import

ant because markets depend on solid information. unimportant because exchange rate forecasting does not have a theoretical model. No answer text provided.
Business
1 answer:
Taya2010 [7]3 years ago
7 0

Answer: Exchange rate forecasting is important because exchange rate influence all aspects of business.

Explanation:

Exchange rate forecast is a method that is used to predict exchange rates by collecting all the relevant factors that may affect a currency.  Exchange rate forecasting is vital because exchange rates influence all aspects of business.

The exchange rate plays a vital role for firms that import raw materials and export goods. A depreciation i.e a devaluation of the currency will make exports cheaper and therefore exporting firms will benefit. Every firm is interconnected in one way or the other, therefore exchange rate is vital.

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Marigold Corp. began the year 2022 with $98300 in its Common Stock account and a debit balance in Retained Earnings of $42100. D
iVinArrow [24]

Answer:

Option (d) is correct.

Explanation:

Given that,

Beginning common stock = $98,300

Common stock sold = $25,700

Beginning balance of retained earnings = ($42,100)

Net Income = $21,100

Dividends  = $7,000

Ending balance of common stock:

= Beginning common stock + Common stock sold

= $98,300 + $25,700

= $124,000

Ending balance of retained earnings:

= Beginning balance + Net Income - Dividends

= ($42,100) + $21,100 - $7,000

= $28,000 debit

Ending balance of total stockholder's equity account:

= Ending balance of common stock + Ending balance of retained earnings

= $124,000 - $28,000

= $96,000

6 0
3 years ago
What describes the nature of cause and effect in the context of the business cycle?
Andre45 [30]
Cause and effect in the context of business cycle refers to actions done for a project in the business. Cause and effect may also refer to the stocks or market proceeds (e.g. Because of ____________, the proceeds were higher/lower). 
8 0
3 years ago
Cover Board Inc. is a company that designs and prints advertisements on coffee sleeves used on cups sold in coffee shops. To fin
Delicious77 [7]

Answer:

The correct answer is: C. Personal selling

Explanation:

The personal sale is a tool of the promotional mix or type of sale where a particular seller offers, promotes or sells a product or service to a particular individual consumer directly.

It is based on a personal communication since it goes from one person (the seller) to another person (the potential customer or buyer), unlike for example advertising, which uses impersonal means since it is addressed to several consumers at the same time.

Personal selling is the most effective way to sell a product and to get a satisfied customer with the possibility that he can repeat the purchase or recommend the product or the company to other consumers.

5 0
2 years ago
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Matthew​ Liotine's Dream Store sells water beds and assorted supplies. His​ best-selling bed has an annual demand of 410 units.
never [62]

<u>Given:</u>

Annual demand = 410 units

Ordering cost = $41

Holding cost = $5 unit per year

<u>To find:</u>

Number of units to be ordered each time an order is placed

<u>Solution:</u>

On calculating the number of units,

\Rightarrow \sqrt{(\frac{2(390)(38)}{5})} \rightarrow\sqrt{\frac{780\times38}{5}}= 76.99

Therefore, to minimize the total cost, approximately 77 units should be ordered each time an order is placed.

5 0
3 years ago
The number-one cash crop in the united states was marijuana prior to 1890.
Ede4ka [16]

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8 0
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