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4 years ago

How does a change in a country's real exchange rate affect its net exports?

1 answer:

8 0

Answer: (C) When a country's real exchange rate appreciates, it imports more and exports less, causing its net exports to fall.

Explanation:

When a country's real exchange rate appreciates i.e the value of its currency increases, it imports more because more products could be bought with the same amount of the currency as a result of its increased value, and it export less because their goods would become more expensive for other countries resulting in reduced demand. Therefore, resulting in the fall of its net export. This is a form of trade balance.

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Secret Trails received payment in full within the credit period for horse boarding for $1,300 plus 4% sales tax. Terms of the sa

riadik2000 [5.3K]

The appropriate journal entry is:Debit Cash $1313; debit Sales Discount $39; credit Accounts Receivable $1352.

<h3>Journal entry</h3>

Based on the information given the correct entry to record this transaction is:

Debit Cash $1313

{$1300+[($1300×4%)-($1300×3%)]}

[$1300+($52-$39)]

Debit Sales Discount $39

($1300×3%)

Credit Accounts Receivable $1352

[$1300 + ($1300×4%)]

Inconclusion the appropriate journal entry is:Debit Cash $1313; debit Sales Discount $39; credit Accounts Receivable $1352.

Learn more about journal entry here:brainly.com/question/9701045

7 0

2 years ago

LaQuesha Jackson has made a considerable fortune. She wishes to start a perpetual scholarship for engi- neering students at her

jarptica [38.1K]

Answer:

A) EUAC = 38625.09 / 3.4869 = 11077.354

B) $83225.79

Explanation:

A ) Determining the EUAC of providing the scholarship

EUAC = sum of present values / sum of present value factors

present value is calculated as ( p ) = year * present value factor

the present value factor for the various(4) years are : ( 1.000, 0.9091,0.8264,0.7513 ) = 3.4869

present value for the 4 years =( $10000 , $9,090.91, 8264.46, 11269.72 )

total = $38625.09

therefore EUAC = 38625.09 / 3.4869 = 11077.354

B ) THE MONEY LAQUESHA MUST DONATE

interest rate for perpetuity = 1.10 ^4 - 1

= 1.4641 -1 = 0.4641

therefore amount to be donated = total present value / interest rate for perpetuity

= 38625.09 / 0.4641 = $83225.79

3 0

3 years ago

The Miller Company earned $111,000 of revenue on account during Year 2. There was no beginning balance in the accounts receivabl

Molodets [167]

Answer:

$31,670

Explanation:

Given that,

Revenue earned on account during Year 2 = $111,000

Cash collected from its receivables accounts during Year 2 = $76,000

Uncollectibles:

= 3% of its sales on account

= 0.03 × $111,000

= $3,330

Net realizable value of Miller's receivables at the end of Year 1:

= Revenue earned on account - Cash collected from its receivables accounts - Uncollectibles

= $111,000 - $76,000 - $3,330

= $31,670

5 0

3 years ago

What percentage of your income should you save

Eva8 [605]

At least 20% should go to ur savongs

7 0

4 years ago

Rhys Hoskins is the president of RH Corporation (RHC). RHC has provided the following partial listing of costs incurred during A

zimovet [89]

Answer:

$306,000

Explanation:

To determine manufacturing costs, consider only those cost that can be directly traced to the product manufactured and plant related costs.

<u>Total Manufacturing Cost Calculation :</u>

Factory Utilities $11,400

Indirect Materials $39,500

Direct Materials $166,400

Equipment Depreciation $47,000

Direct labor $91,700

Total Manufacturing Cost $306,000

5 0

4 years ago

How does a change in a​ country's real exchange rate affect its net​ exports?

How does a change in a country's real exchange rate affect its net exports?