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3 years ago

The settling of any net deficit in the combined current, and capital and financial accounts is done with

Business

1 answer:

MatroZZZ [7]3 years ago

4 0

Answer: official reserves

Explanation:

The official reserve account is simply part of capital account which has to do with securities and foreign currency that are being held by the central bank of a particular country and which are used to balance payments yearly.

It should be noted that when there's trade surplus, there'll be increase in reserves and when there is a deficit in trade, there'll be decrease in reserves.

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Joel takes out a loan with a stated rate of 11.85% interest. If the interest is calculated weekly, how much greater is Joel’s ef

Andreas93 [3]

Answer: a. 0.72 percentage points

Explanation:

Given the following :

Nominal interest rate(r) = 11.85%) = 0.1185

c = number of compounding periods in a year

p = number of compounding periods rate is required for

Number of weeks in a year = 52 = p = c

Effective interest rate (E) is given as :

E = [( 1 + (r / c) )^p] - 1

E = [(1 + (0.1185 / 52)) ^52] - 1

E = [ (1 + 0.0022788) ^52] - 1

E = [1.0022788^52] - 1

E = 1.1256551 - 1

E = 0.1256551

Effective interest rate - Nominal interest rate

0.1256551 - 0.1185 = 0.0071551

(0.0071551 × 100)% = 0.7155% = 0.72%

8 0

4 years ago

Which student organization helps students with career development by having them become interns to sponsor conferences

jarptica [38.1K]

Answer:

BPA

Explanation:

I just took the test and that is the answer.

8 0

4 years ago

Support department cost allocation—comparisonBecker Tabletops has two support departments ( Janitorial and Cafeteria) and two pr

Helen [10]

Answer:

a. The most support department cost is allocated to assembly department

b. The most support department costs under the sequential method is allocated to cutting department

c. The most support department costs under the reciprocal services method is allocated to Cutting department .

Explanation:

a. Allocated costs to cutting department = $62000 + $126,750 = $188,750

Allocates costs to assembly department = $248,000 + $42,250 = $290,250

Conclusion: The most support department cost is allocated to assembly department

b. Allocated costs to cutting department = $31,000 + $243,000 = $274,000

Allocates costs to assembly department = $124,000 + $81,000 = $205,000

Allocates costs to cafeteria department = $155,000

Conclusion: The most support department costs under the sequential method is allocated to cutting department .

c. Allocated costs to cutting department = $38,200 + $216,000 = $254,200

Allocates costs to assembly department = $152,800 + $72,000 = $224,000

Conclusion: The most support department costs under the reciprocal services method is allocated to Cutting department .

3 0

3 years ago

PLEASE HELP ASAP, TRUE OR FALSE FOR EACH STAR

jolli1 [7]

Answer:

1. False: A court of appeals hears evidence to decide the facts. They do not listen to evidence to decide the facts because appeal isn't a retrial of the case.

2. True: When a party alleges a fact, it means that fact has not yet been determined by the jury to be true.

3. True: A judge instructs a jury on the law that applies in a case. It is known as jury instructions.

4. False: Decisions by higher courts in a state are not binding on lower courts within that state's jurisdiction. There decisions are actually binding on lower courts within that state's jurisdiction.

5. True: Judges may apply the law, but they do not have power to change the law.

6. True: The U.S. Constitution is the supreme law in the United States and no other law can contradict it.

7. True: Litigation is the process of resolving a dispute through the court system.

8. True: The trial court, which first hears a case, is known as a court of original jurisdiction.

9. True: Although cases may be similar, one important fact can change the outcome and create new precedent.

10. False: Appellate Courts review questions of fact but not questions of law. The appellate court can review questions of law as "De novo" or plenary review (legal error standard).

11. True: The Uniform Commercial Code has been adopted in all fifty states.

5 0

3 years ago

Sheffield Corp. estimates its sales at 150000 units in the first quarter and that sales will increase by 15000 units each quarte

Varvara68 [4.7K]

Answer:

183,750

Explanation:

Data provided in the question:

Sales in the first quarter = 150,000 units

Increase in sales each quarter = 15000 units

Ending inventory = 25% of the current sales units

Now,

Ending inventory of first quarter = 25% of Units produced in the first quarter

= 0.25 × 150,000

= 37,500

Units produced in the first quarter = Sales + Ending inventory of first quarter

= 150,000 + 37,500

= 187,500

Units to be produced in the second quarter

= Sales in second quarter - Ending inventory of first quarter + Ending inventory

= [ 150,000 + 15,000 ] - 37,500 + 25% of [ 150,000 + 15,000 ]

= 165,000 - 37,500 + 41,250

= 168,750

Units to be produced in the Third quarter

= Sales in third quarter - Ending inventory of second quarter + Ending inventory

= [ 150,000 + 15,000 + 15,000 ] - 41,250 + 25% of [ 150,000 + 15,000 + 15,000 ]

= 180000 - 41,250 + 45,000

= 183,750

4 0

3 years ago