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2 years ago

When a nation’s currency appreciates, what is the most likely result?

1 answer:

8 0

When a nation's currency appreciates that means there is an increase in the exchange rate. It would result to cheaper imports and lower inflation rates which would be advantageous to those countries who are importing goods. While a weak currency would be better for an economy that's exporting goods to other countries.

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On the basis of the following data, determine the value of the inventory at the lower of cost or market. Apply lower of cost or

DedPeter [7]

Answer:

The value of the inventory at the lower of cost or market price is:

= $21,170.

Explanation:

a) Data and Calculations:

Product Inventory Cost per Unit Market Value per Unit LCNRV

Quantity (Net Realizable Value)

Model A 12 $106 $102 $1,225 (12*$102)

Model B 45 84 70 3,150 (45*$70)

Model C 36 254 243 8,748 (36*$243)

Model D 31 85 88 2,635 (31*$88)

Model E 41 132 148 5,412 (41*$132)

Total cost of inventory based on LCNRV (per item) $21,170

3 0

2 years ago

Dividends a. are the rates of return on a company’s capital stock. b. are the difference between the price and present value per

faust18 [17]

Answer:

a. are the rates of return on a company's capital stock.

Explanation:

Dividends are are earnings distributed to company's share holders as a result of the shares held by them in the company.

When a company is formed I.e company quoted on the stock exchange, they are usually financed by shareholder's fund.

A share is the unit of capital of a company allocated to an individual while a shareholder is someone who has share(s) in the company. Shareholders are owners of the company. They are also investors and so they expect returns on their investment at the end of each financial period.

These returns are paid to the share holders as dividened which are the rates of returns on a company's capital stock.

7 0

3 years ago

1. ) Which task is common to both restaurant and lodging workers, but not to recreation workers? PLEASE HELP ME ON MY FINAL ANYT

bija089 [108]

Totally d because if you read it

8 0

3 years ago

Read 2 more answers

One of your customers is delinquent on his accounts payable balance. you've mutually agreed to a repayment schedule of $630 per

larisa [96]

Answer:

27.14 months

Explanation:

to calculate how long it will take to pay the loan, we can use an excel spreadsheet and the NPER function:

=NPER(rate,payment,-loan)

payment = 630
rate = 1.03
loan balance = 14,850

=NPER(1.03%,630,14850) = 27.14 months

5 0

3 years ago

The adjusted trial balance of Sunland Company shows these data pertaining to sales at the end of its fiscal year, October 31, 20

sveta [45]

Answer and Explanation:

The preparation of the sales section of the income statement is presented below:

<u>Income Statement </u>

<u>For the year ended </u>

Sales

Sales revenue $903,400

Less:

Sales Discount $15,400

Sales return & allowances $22,000

Net Sales $866,000

hence the net sales is $866,000

The freight out would not be considered. Hence, ignored it

7 0

2 years ago