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Ronch [10]
3 years ago
13

A foreign subsidiary's functional currency is its local currency, which has not experienced significant inflation. The weighted

average exchange rate for the current year would be the appropriate exchange rate for translating:Sales to Customers Wages /Expense a) No/ No b) Yes/ Yes c) No /Yes d) Yes /No
Business
1 answer:
kompoz [17]3 years ago
3 0

Answer:

B

Explanation:

Yes/yes

The weighted average exchange rate is a term used financially to define the average exchange rate for a particular period.

It unifies the exchange rate which is used to quantify the value of all the transactions done at that time.

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From the bank reconciliation no entry was recorded for a debit memo for a new check fee expense. this would cause:________
SOVA2 [1]

Answer: expenses to be understated

Explanation:

4 0
2 years ago
What is merchandise planning
iogann1982 [59]
Merchandise planning is a method of selecting, managing, purchasing, displaying and pricing the products in a manner that they bring in maximum returns on investment.
Overall merchandise planning merchandise planning is about striving to make the right product available, at the right time, in the right place, in the right quantities, and at the right price.

3 0
3 years ago
The current price of Parador Industries stock is $78 per share. Current earnings per share are $5.1, the earnings growth rate is
zalisa [80]

Answer:

1. $5.3

2. 17.95

Explanation:

1. Earning per share today = $5.1

Earning growth in one year = 4%

So, the EPS one-year ahead:

= Earning per share today × (1 +  Earning growth in one year)

= 5.1 × 1.04

= $5.3

2 . Market price one-year ahead:

= Current price × (1 + expected return on Parador stock)

= 78 × 1.22

= $95.16.

P/E Ratio = Market price per share ÷ Earning per share

P/E Ratio = 95.16 ÷ 5.3

                = 17.95

8 0
3 years ago
GW Corp. has two shareholders; Devana owns 40 shares and another corporation, Alpine, Inc., owns another 60 shares. Devana is al
BartSMP [9]

Answer:

40%

Explanation:

Devana owns 40% of GW Corp. despite having another 40% shares in Alpine Inc. This is as a result of Devana not having up to 50% shares in Alpine Inc.

Without up to 50% shares in Alpine Inc, the shares of Alpine Inc. in GW Corp. cannot be attributed to Devana.

This means that for Devana to own Alpine Inc shares in GW Corp. it has to acquire 10% more in addition to the 40% it already has.

Cheers.

6 0
4 years ago
Determine the size of the M1 money supply using the following information. Currency $700 billion money market mutual funds $2000
lesya692 [45]

Answer:

M1 is $1,310 billion

Explanation:

I'm rephrasing the question so the informations is clearer:

Determine the size of the M1 money supply using the following information:

  • Currency $700 billion
  • money market mutual funds $2000 billion
  • demand deposits $300 billion
  • other checkable deposits $300 billion
  • traveler's checks $10 billion

Options:

  1. $1,310 billion
  2. $3,310 billion
  3. $1,410 billion
  4. $1,010 billion

Money market mutual funds are not part of M1 so:

Currency $700 billion+demand deposits $300 billion+other checkable deposits $300 billion+traveler's checks $10 billion=$1310 billion M1

6 0
3 years ago
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