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3 years ago

Clarence is visiting his friends in Germany. Which currency will he use to pay for souvenirs?

2 answers:

7 0

If Clarence is visiting his friends in Germany, he will use euros to pay any souvenirs he buys. Other places that uses euros are Greece, Austria, Finland, and Spain.

Lynna [10]3 years ago

3 0

Answer:

euros

Explanation:

In Germany and in the countries that are part of the European Union the currency in circulation is the euro. Until 2002, the framework for transactions in Germany was used, however, the euro became the currency in the country after the adoption of the single currency by members of the European Union who are part of the euro area. Therefore, Clarence will have me pay the souvenirs with euro.

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Money that has value because the government has ordered that it is an acceptable means to pay debts is referred to as

vfiekz [6]

Answer:

Fiat money is the answer

Explanation:

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3 years ago

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Vsevolod [243]

Answer:

Season tickets sold = $1,819,000 / $340

Season tickets sold = 5,350 tickets

Games played by the end of October = [$1,284,000 / ($1,819,000 / 17 games)]

Games played by the end of October = $1,284,000 / 107,000

Games played by the end of October = 12 games

Journal Entry to record initial sale of ticket

Accounts title Debit Credit

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Journal Entry to record first home game revenue

Accounts title Debit Credit

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Ticket revenue (earned) $107,000

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3 years ago

Caribbean Reef Software has 8.4 percent coupon bonds on the market with 9 years to maturity. The bonds make semiannual payments

Zepler [3.9K]

Answer:

9.14%

Explanation:

Calculation for YTM

First step is to use financial calculator to find the I which represent Interest rate

FV = 1,000

PMT= 1,000*8.4%/2= 42

N= 9years*2= 18

PV= -955

Hence,

I= 4.57%

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Therefore YTM will be 9.14%

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3 years ago

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Dominik [7]

It includes the combination of the various institutions, agencies, entities, decision-making processes, and patterns of consumption that comprise the economic structure of a given community. As such, an economic system is a type of social system....

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3 years ago

MC Qu. 22 Selected information from the accounting... Selected information from the accounting records of Dunn's Auto Dealers is

dlinn [17]

Answer:

($23,000)

Explanation:

Cash flow from Investing Activities

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Investment in other companies ($20,000)

Net Cash used by Investing Activities ($23,000)

Notes :

Cash flow from Investing activities section of the cash flows statement shows the cash movement in acquisition of assets and sale of assets.

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3 years ago