Under a _____ exchange rate regime, a country will attach the value of its currency to that of a major currency.

Consumers are required to apply their skill or analytical or creative thinking to try to win a prize in a(n)

oee [108]

Consumers are required to apply their skill or analytical or creative thinking to try to win a prize in contests.

Analytical or creative thinking:

While creative thinking is occasionally referred to as "lateral" thinking, analytical thinking is also known as logical thinking. Others go further to highlight the idea by comparing it to whether thinking is more left-brain (analytical) or right-brain (creative).

Converging on facts, data, knowledge, judgment, experience, and wisdom in quest of the best answer is known as analytical thinking. Diverging one's thinking to consider a wide range of possibilities is the act of being creative.

It's common for people to identify themselves as either analytical or creative thinkers, and to some extent, this is true because most people tend to lean more toward one or the other. But skills are frequently less natural than people believe.

Learn more about Analytical or creative thinking here:

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7 0

2 years ago

(ECONOMICS) Select ALL answers that apply. Protective tariffs are considered positive because _____.

liberstina [14]

I believe the answer might be b and c:

Protective tariffs are a tool countries use to protect domestic industries. They can take the form of taxes, duties, fees, or other restrictions on imported goods. The purpose of protective tariffs is to foster the growth of local industries and protect them from a flood of cheap foreign goods.

4 0

3 years ago

Read 2 more answers

Jim was called to active duty in the military. Knowing that he would be out of the country for a year or more, he gave his siste

Mamont248 [21]

Answer: C. General agent

Explanation: A general agent is a person appointed to act on his behalf in a variety of activities such as home activities,business transactions etc this type of agent is usually contracted to do this kind of Activities especially when the person expected to carry out these sets of Activities will not be available for a given period. A general agent can be an organisation or an individual or group of persons who carry out tasks as specified by the principal.

3 0

3 years ago

Presented below are two independent situations.Gambino Cosmetics acquired 10% of the 200,000 shares of common stock of Nevins Fa

VLD [36.1K]

Answer:

See the explanation below

Explanation:

(a) Gambino Cosmetics

Since Gambino Cosmetics just 15% which is less than 20% of Nevins Fashion, the cost method for accounting for investments is the relevant method that is used as follows:

Stock investment = 10% * 200,000 * $13 = $260,000

Dividend income = 10% * $60,000 = $6,000

Available-for-sale (AFS) reserve = 10% * $122,000 = $12,000

Date Details Dr ($) Cr ($)

08 Mar. ‘15 Stock investments 260,000

Cash 260,000

To record investment in Nevins Fashion

30 Jun. ‘15 Cash 6,000

Dividend income 6,000

To record dividend income from investment in Nevins Fashion

31 Dec. ’15 Stock investments 12,000

AFS Reserve 12,000

To record share of income in Nevins Fashion

(b) Kanza, Inc.,

Since Kanza, Inc. acquired 40% in Rogan Corporation which is greater than 20%, the equity method for accounting for investments is the relevant method that is used as follows:

Stock investment = 40% * 30,000 * $9 = $108,000

Dividend income = 40% * $30,000 = $12,000

Investment revenue = 40% * $80,000 = $32,000

Date Details Dr ($) Cr ($) 

01 Jan. ‘15 Stock investments 108,000

Cash 108,000

To record investment in Rogan Corporation

15 Jun. ‘15 Cash 12,000

Stock investment 12,000

To record dividend received from investment in Rogan Corporation

31 Dec. ’15 Stock investments 32,000

Investment revenue 32,000

To record share of income in Rogan Corporation

8 0

3 years ago

As a result of differences between depreciation for financial reporting purposes and tax purposes, the financial reporting basis

Verizon [17]

Answer:

Deferred tax liability = $52,500

Explanation:

Difference between depreciation for financial reporting purposes and tax purposes at December 31 = 250,000

Enacted tax rate = 30%

Tax rate for future years = 40%

so Deferred tax liability = $250,000 x 40% = $100,000

8 0

3 years ago