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3 years ago

If actions of the chinese government caused a shortage of domestic currency, then the exchange rate would be

1 answer:

4 0

this will reduce the supply of china's domestic currency which would contract the supply curve of the domestic currency (of china) thus would create demand and thus increasing the exchange rate in comparison to foreign currencies thus leading to appreciation of china's domestic currency in relation to foreign currencies.

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Kristen Lu purchased a used automobile for 8,000 at the beginning of last year and incurred the following operating costs:

love history [14]

Fixed cost per mile 0.32 =(1600+1200+360+40)/10000.

Kristen Lu purchased a second user automobile for 8,000 at the start of last year and incurred the subsequent operatingcosts:8,000atthebeginningoflastyearandincurredthefollowingoperatingcosts ($8,000 ÷5 years) Insurance Garage rent Automobile tax and license Variable operating cost$ 1.600 $ 1.200 $ 360 $ 40 $ 0.14 per mile$The variable expense consists of gasoline, oil, tires, maintenance, and repairs. therefore the annual straight-line depreciation is$1,600.

The car is kept in a very garage for a monthly fee. Kristen drove the car 10,000 miles last year. Compute the typical cost per mile of Owning and operating cost of the the car. What costs above are relevant during this decision? Kristen is considering buying an upscale sports car to interchange the car she bought last year.

She would drive the identical number of miles irrespective of which car she owns and would rent the identical parking zone. The sports car's variable operating costs would be roughly identical because of the variable operating costs of her old car.

learn more about operating cost: brainly.com/question/2115053

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3 0

2 years ago

The best moment to answer the phone is

Elis [28]

See there are pros and cons if you answer on the first ring people will think your always depentent on your phone and always have it with you

After the fourth ring people will just hang up and think you wont answer

If you never answer then people will just never call you
So the second ring is the best choice

8 0

3 years ago

Which of the following best describes how consumers make financial decisions in a market economy? A. The media forces consumers

notka56 [123]

Answer:

B. They make choices based on their self-interests.

Explanation:

A market economy can be defined as the economy of a country where by the government has a minimal influence or intervention on how the market operates.

A market economy is regulated by the individuals that owns the businesses in that economy. These individuals have the ability to direct resources that they need from production to their firms and businesses.

A market economy is largely or greatly influenced and regulated by the rate of supply and demand. Consumers in a market economy have to sometimes paid a high price for the goods and services that they require. Consumers make financial decisions in a market economy by making their choices based on self interests.

A market economy is a very competitive economy because

a. the demand of goods and services by consumers have increased therefore this results in an increase in production of goods and services.

b. The producers tend to high innovative when producing this goods and services required by the consumers.

In a market economy, businesses and firms tend to have an increased of a very high rate of efficiency when producing goods and services such that they minimise or lower the cost of production while ensuring that they make high or huge amounts of profits.

4 0

3 years ago

Select two skills from the list in the article that you feel you have to offer in the workplace . Discuss the importance of thes

laiz [17]

Answer:

Two skills from the list in the article are Communication and Analytical and problem-solving. Why are these things important? Well because almost every job available today involves dealing with other people such as employers, coworkers, or clients. Good employees need to be able to express themselves clearly. They also need to understand what others are saying. Companies want employees who can speak and write correctly and professionally. Whether using the phone, email, social media, or speaking in person, communication skills are necessary to succeed in business. Employers will also want to have employees who can solve issues easily and effectively. Knowing how to analyze and fix problems is a skill that will make workers successful in their jobs.

4 0

3 years ago

Use the following information of VPI Co. to prepare a statement of cash flows for the year ended December 31 using the indirect

r-ruslan [8.4K]

Answer:

VPI Co.

Cashflow statement for the year ended December 31

Operating activities

Net income 59,000

Add Depreciation 7600

Less gain from sale of machinery (2900)

Increase in Inventory (8,600)

Increase in accounts payable 3,300

Decrease in accounts receivable 6,600

Cash flow from Operating activities 65,000

Investing activities

Cash received from sale of machinery 11,300

Financing activities

Cash paid for dividends (4,600)

Net cashflow 71,700

Cash balance at prior year-end 43,600

Cash balance at current year-end 114,300

Explanation:

The indirect method of cashflow statements starts with the cashflows from the operating activities to Financing and then investing activities.

An increase in an asset other than cash is a decrease in cash and vice versa. An increase in a liability is an increase in cash and vice versa. We add or subtract none cash items like depreciation, gain on asset disposal etc.

7 0

3 years ago