The double surplus of worldwide stability of payments leads to the excessive boom of foreign exchange reserves.
Due to the fact region II runs trade (and perhaps funding income) and cutting-edge account surpluses, it's miles in the section of the young creditor kingdom. Combining the 2 areas as an entire, China runs “dual surpluses”—with a $50 billion USD contemporary account surplus, and a $100 billion USD capital account surplus, respectively.
Some of the explanatory factors for this surplus relate to the health crisis. The pandemic has caused a distortion in global demand away from leisure, tourism, and commodities, which China imports in huge quantities, toward clinical merchandise, IT, and domestic equipment, which China exports.
Furthermore, China's goods alternate surplus, the biggest contributing element to the modern-day account surplus, has long been sustained by using processing alternate which imports additives to make finished products for exports.
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Answer:
The answer is 5.2 million
Explanation:
Solution
Given that:
The cost of good sold is =$35 million
Inventory = $3.5 million
Thus we compute for the Inventory turnover which is given below:
Inventory turn over ratio (ITR)
=Cost of goods sold/Inventory
=35$million/$3.5 million
=$10 million
So,
The weekly supply = The number of week in a year /ITR
= 52 Weeks/$10 million
=5.2
Therefore the turnover of inventory is 5.2 million which is close to option (d) 5.00
Answer:
Forward contract
Explanation:
Under a forward contract the contract is made for a future supply of goods and services, and the rate is predetermined in present.
Further, the forward contract is the contract made for hedging of funds or for speculation of funds, it basically is used for hedging as the future price of goods are not specified at present, and thus the predetermined rate helps in gaining extra profits through hedging.
Thus, the correct word the future date contract at predetermined rate = Forward contract.
Answer:
$38.40
Explanation:
Target Cost = Selling Price per Unit - Profit Margin per Unit
Here, Selling Price per Unit = $40
Profit Margin = 16% of the Investment in Product
Investment = $ 300,000
Profit Margin = 16% × 300,000
= $48,000
Number of Units Sales = 30,000 Units
Profit Margin per Unit:
= Profit Margin ÷ Number of Units Sales
= $48,000 ÷ 30,000
= $1.6
Therefore,
Target Cost per Unit:
= Selling Price per Unit - Profit Margin per Unit
= $40.00 - $ 1.60
= $38.40