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Murrr4er [49]
3 years ago
7

A citizen in a developing country with a currency policy of convertibility on the current account could engage in all of the fol

lowing transactions except: Multiple Choice purchase foreign currency in order to import a BMW. sell foreign currency resulting from the exports of manufactured t-shirts. sell foreign currency resulting from the sale of a U.S. treasury bond. purchase foreign currency in order to purchase a U.S. treasury bond.
Business
1 answer:
masha68 [24]3 years ago
3 0

Answer: purchase foreign currency in order to purchase a U.S. treasury bond.

Explanation:

Currency convertibility has to do with the degree in which the domestic currency of a particular country can be converted into the currency of another country.

Therefore, a citizen in a developing country with a currency policy of convertibility on the current account could engage in the purchase foreign currency in order to purchase a U.S. treasury bond.

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A sole priorietorship is a business that is owned by a number of people?<br><br> True or false?
miskamm [114]
The answer is "false"
3 0
3 years ago
The expected average rate of return for a proposed investment of $500,000 in a fixed asset, with a useful life of four years, st
Natalka [10]

Answer: 48%

Explanation:

Based on the information given, the average rate of return will be:

= (Average return) / (Average Investment) x 100

where, average return will be:

= ($240000 × 4)/4

= $240000

Then, annual averay rate of return will be:

= $240000/$500000 × 100

= 48%

6 0
3 years ago
Suppose your roommate just invented an electronic pencil that senses when a word being written is misspelled, beeps, and shows t
irakobra [83]

The need that the electronic pencil fill is the need to erase errors associated with what has been written down digitally.

<h3>What is the potential market for the product?</h3>

The potential market  for electronic pencil is the global digital pen market and the global market as a whole.

<h3>What type of consumer good is electronic pencil product?</h3>

The type of consumer good  of electronic pencil product is Specialty products.

<h3> How will you distribute the product?</h3>

One can distribute the product via online platforms such as social media, online stores and marketplace, etc.

<h3> What are the other questions that need to be answered before a decision is made?</h3>
  • The lifespan of the product.
  • Does it have effect to the human skin
  • Is it feasible.

Learn more about electronic pencil from

brainly.com/question/11377338

#SPJ1

7 0
1 year ago
A spa has placed a magazine advertisement in a local women’s magazine. What technological feature have the owners incorporated i
mylen [45]

Answer: A. A QR code that is scanned and decodes information directly on the phone

Explanation:

This is the best option as QR codes are usually inserted into print media to give more information about something when they are scanned. They can even be used to give discounts.

Human technology has not reached the point where either pop-ups, interactive content, or image projections can appear on print media so options B through E are wrong.

5 0
3 years ago
Goldfinger Corporation had account balances at the end of the current year as follows: sales revenue, $29,000; cost of goods sol
vladimir2022 [97]

Answer:

sales revenue 29,000 debit

         income summary     29,000 credit

income sumamry  10,520 debit

    operating expenses 6,200 credit

    income tax expense 4,320 credit

income summary 18,480 debit

       retained earnings     18,480 credit

Explanation:

To close the temporary account we will use an auxiliar account called income summary.

We will post expense in the credit against income summary in the debit

for revenues we will do the other way around, debit aainst income summary on credit.

Last, we transfer the balcne of this account into retained earnigns.

<u>balance of retained earnings: </u>

29,000  - 10,520 = 18,480

5 0
3 years ago
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