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3 years ago

If the United States wanted to reduce the cost of its goods in foreign markets, it could ________ its currency.

Business

1 answer:

Kruka [31]3 years ago

3 0

Answer:

Devalue its currency

Explanation:

Exchange Rate is the conversion rate of domestic & foreign currency.

Eg $1 = _ € .

Devaluation means deliberate fall in value of domestic currency in terms of foreign currency (increase in foreign exchange rate) , under fixed exchange rate by government.

Eg : $1 = 5€ - change to - $1 = 7€ . This implies dollar can purchase less amount of euro , and has depreciated.

However , this would also lead to reduce the cost of its exports in foreign (here European market) , because US $ has become cheaper in terms of their currency & hence so have been their goods.

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A project costing $218,000 has equal annual cash inflows over its 7-year life. If the discounted payback period is seven years a

irakobra [83]

Answer:

The annual cash-flow is $31,142.857

Explanation:

Giving the following information:

A project costing $218,000 has equal annual cash inflows over its 7-year life.

The fact that the discount rate is cero means that the value of money doesn't vary with time. The payback period indicates that the sum of the cash flows equals the initial investment.

Cash flow= 218,000/7= $31,142.857

The annual cash-flow is $31,142.857

3 0

2 years ago

On January 1, Year 2, Grande Company had a $63,400 balance in the Accounts Receivable account and a $1,300 balance in the Allowa

irinina [24]

Answer:

$1,520

Explanation:

Given that,

Accounts Receivable balance = $63,400

Allowance for Doubtful Accounts balance = $1,300

Services provided on account during year 2 = $152,000

Cash collected from accounts receivables = $161,300

Estimated Uncollectible accounts = 1% of sales on account

Therefore, the amount of uncollectible accounts expense during the year 2 is the 1 percent of the amount of services provided on account to a customer.

Hence, the amount of uncollectible accounts expense recognized on the Year 2 income statement is calculated as follows:

= Services provided on account × Estimated Uncollectible accounts

= $152,000 × 1%

= $1,520

5 0

3 years ago

Lon 4 of 20

Yakvenalex [24]

Just making points thank you

5 0

2 years ago

Based on the case and previous calculations, please answer the following short answer questions. Note: Your instructor will need

mezya [45]

Question Completion:

see Exhibit 4 attached.

Answer:

1. The largest and smallest divisions by net sales in 2017:

Largest divisions:

Fabric & Home care with 32%

Baby, Feminine & Family Care, 28%

Smallest divisions:

Beauty with 18%

Grooming, 11%

Healthcare, 11%

2. The one most important division in terms of the proportionate net earnings for the company is:

Fabric & Home Care

Explanation:

The two largest divisions generate 60% of the net sales of the company while the three smallest divisions generate only 40%. In terms of the proportionate net earnings for the company, the two largest divisions also generate 53% of the net earnings of the company, while the three smallest divisions generate 47%. The analysis shows that the company's financial sustenance is largely driven by the Fabric & Home Care division and the Baby, Feminine & Family Care division. Another up-and-coming division is the Beauty division, which generates 18% of the net sales and 20% of the net earnings.

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4 0

2 years ago

SOMEONE PLEASE HELP ME ASAP PLEASE!!!!!

Umnica [9.8K]

Answer:

Explanation:

bc interest rates have a negative correlation their for they will shift off

8 0

3 years ago