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3 years ago

Would YOU PERSONALLY prefer a strong or weak Canadian dollar. Choose one and explain why?

Business

1 answer:

yKpoI14uk [10]3 years ago

8 0

Answer with Explanation:

I would personally prefer a "weak" currency because it will enable other foreign countries to enjoy Canadian exported goods. Although a strong currency makes people enjoy traveling abroad, a weaker currency allows people to enjoy local places, including local goods. This will help Canadians develop love for their own country.

A weak currency also allows foreign countries to enjoy the local goods of Canada, without stressing them on the price. If many foreign countries will import goods from Canada, it will increase the market share of exports for Canada. This means that many companies will focus on exporting their goods, thus leading to increase job employments. The economy will have the chance to boost.

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Data for March for Lazarus Corporation and its two major business segments, North and South, appear below: Sales revenues, North

JulijaS [17]

Answer:

Lazarus Corporation

A properly constructed segmented income statement in a contribution format would show that the net operating income of the company as a whole is:

= $47,000.

Explanation:

a) Data and Calculations:

North South Total

Sales revenues $380,000 $230,000 $610,000

Variable expenses 213,000 104,000 317,000

Contribution $167,000 $126,000 $293,000

Fixed expenses:

Traceable 65,000 25,000 90,000

Common 84,000 72,000 156,000

Total $149,000 $97,000 $246,000

Operating income $18,000 $29,000 $47,000

b) Segmented income statement is prepared to show the contributions and operating income generated from different segments of the entity. It helps to evaluate performances of segments and to identify profitable or less profitable segments.

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3 years ago

December 31 Total assets Total liabilities

Neporo4naja [7]

Answer:

Net Income or Loss : a. 2019 = $53000 ; b. 2020 = $4000 loss ; c. 2021 = $43000

Explanation:

Assets - Liabilities = Capital (Closing/Opening)

458000 - 317000 = 141000 (2019 Closing Capital)

Profit = Closing Capital - Opening Capital + Drawings - Additional Capital

A. 2019 Opening Capital = 100000 (Given)

2019 Closing Capital = A - L = 458000 - 317000 = 141000

2019 Profit = CC - OC - D + AC = 141000 - 100000 + 12000 = 53000

B. 2020 opening capital = 2019 Closing Capital = 141000

2020 closing capital = A - L = 538000 - 367000 = 171000

2020 Profit = CC - OC + D - AC = 171000 - 141000 - 34000 = 4000 Loss

C. 2021 opening capital = 2020 closing capital = 171000

2021 closing capital = A - L = 668000 - 467000 = 201000

2021 Profit = CC - OC + D - AC = 201000 - 171000 + 25000 - 12000 = 43000

6 0

4 years ago

Market competition is described as a:

podryga [215]

Answer:

Survival of the fittest

Explanation:

Survival of the fittest, term made famous in the fifth edition (published in 1869) of On the Origin of Species by British naturalist Charles Darwin, which suggested that organisms best adjusted to their environment are the most successful in surviving and reproducing. Darwin borrowed the term from English sociologist and philosopher Herbert Spencer, who first used it in his 1864 book Principles of Biology. (Spencer came up with the phrase only after reading Darwin’s work.)

3 0

3 years ago

Read 2 more answers

If you fire Julio from his job after making one mistake but did not fire John for making the same mistake several times, you hav

ahrayia [7]

In this scenario, we have committed an error related to Procedural justice

Procedural justice refers to way of ensuring fair justice by making decisions according to fair processes to ensure fair treatment.

According to this justice rule, the same rule must be applied to similar scenario and must be impartial as well in order to ensure fair justice.

In conclusion, we have committed an error relating to procedural justice because the rule that was applied to Julio was not applied to John, therefore, there was a bias in justice.

Read more about this here

brainly.com/question/10925598

5 0

3 years ago

By how many packs of cigarettes does quantity demanded decrease due to the excise tax on cigarettes?

andrezito [222]

Answer:

Explanation:

The government taxes packs of cigarettes both to discourage smoking and to raise tax revenue. The average excise tax on a pack of cigarettes is $2.50 per pack. The table below presents the annual demand and supply schedules, in billions of packs, both before and after the tax on packs of cigarettes.

3 0

3 years ago