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wlad13 [49]
4 years ago
7

The fixed exchange rate system was used until 1971. Question 3 options: True False

Business
2 answers:
umka21 [38]4 years ago
6 0

<u>Answer:</u>

<em>True </em>

<em></em>

<u>Explanation:</u>

The exchange rate is a system applied to a government or national bank ties the nation's monetary authority conversion standard to another nation's cash or the cost of gold.

At the point when America after war parity of installments surplus went to a shortfall during the 1950s and 1960s, the periodic conversion scale modifications allowed under the understanding eventually demonstrated lacking. In 1973, President Richard Nixon expelled the United States from the best quality level, introducing the time of coasting rates.

Monica [59]4 years ago
3 0

Answer:

It is TRUE that the fixed exchange rate system was used until 1971

Explanation:

The fixed exchange rate was used to keep the currency value within a narrow band. most industrialized nation used this fixed interest rate system until early 1970's before switching to the floating exchange rates where the prices on the FOREX market sets the value for them. although the fixed interest rate is been used by developing nations to aid exporters and importers and also to keep inflation down

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The _____ of a supply chain is the configuration of resources such as suppliers, factories, warehouses, distributors, technical
Triss [41]

Answer:

The correct answer is operational structure.

Explanation:

The business supply chain is the organizational structure that allows the client-supplier integration through the departments, areas and functions that generate and transform a good or service, to be delivered to an end customer according to consumer requirements and standards of the market.

In organizations the supply chain integrates the functional areas:

  • Storage of raw material, supplies, equipment, spare parts, inventory in process and finished product.
  • Transportation and distribution of raw material from suppliers; from raw material to commercial customers and final consumers; team, technology and human resources.
  • Innovation and supply planning; integrates demand gliders, operation training, input resources, raw materials. It includes activities related to purchases, negotiation and payments to suppliers.
  • Areas that manage relationships with third parties for outsourced specialized service providers.
3 0
3 years ago
Received $13,000 cash from the issue of common stock. Performed services on account for $45,000. Paid the utility expense of $1,
kirill115 [55]

Answer:

Please see explanation

Explanation:

The transactions shall be recorded in the general ledger in the following way:

                                                                   Debit                      Credit

Cash                                                          $13,000

Common stock                                                                           $13,000

(Received $13,000 cash from the issue of common stock)

Accounts receivable                                $45,000

Revenue                                                                                      $45,000

(Performed services on account for $45,000)

Utility expense                                          $1,100

Cash                                                                                             $1,100

(Paid the utility expense of $1,100)

Cash                                                          $33,000

Accounts receivable                                                                   $33,000

(Collected $33,000 of the accounts receivable)

Salaries expense                                      $6,250

Salaries payable                                                                          $6,250

(Recorded $6,250 of accrued salaries at the end of the year)

Retained Earnings                                    $1,000

Cash                                                                                              $1,000

(Paid a $1,000 cash dividend to the stockholders)

6 0
3 years ago
Read 2 more answers
Ramon, a single taxpayer with no dependents, has adjusted gross income for 2019 of $98,000 and his itemized deductions total $19
hammer [34]

Answer:

$79,000

Explanation:

The computation of the taxable income is shown below:

Taxable income = Adjusted gross income for 2019 - his itemized total deductions

= $98,000 - $19,000

= $79,000

The Ramon is not given any personal exemption because from the year 2018 to the year 2025, no personal exemption is allowed as new tax rules are implemented.

8 0
3 years ago
a county taxes real property at a millage rate of 15. if your customer owns real property in the county and the assessed value i
patriot [66]

$1800

15 x 0.001=0.015

.8 x $150,000=120,000

120,000x.015=$1800

Another way to calculate the number of tax during this example is to multiply your assessed value by 0.0185. Using the millage rate above, a home assessed at $300,000 would have a bill of $5,550. The formula is: Assessed value ($300,000) x millage rate (1.85%, or 0.0185) = land tax ($5,550). To calculate the mileage, or mill rate, a possessor divides the quantity of mills by 1,000.

As an example, say a neighborhood taxing authority encompasses a mill rate of 15 on the assessed value of holding in its jurisdiction. That puts the capital levy rate at 1.5% before any county taxes adjustments or exemptions. To calculate your individual property's effective charge per unit, all you have got to try and do is divide your annual invoice by what you estimate to be the value of your property.

The assessed value estimates the reasonable value for your home. it's based upon prevailing local realty market conditions. Multiply the value of your item or service by the county taxes charge per unit. If you have got a charge per unit as a percentage, divide that number by 100 to induce the charge per unit as a decimal. Then use this number within the multiplication process.

learn more about county taxes: brainly.com/question/25844719

#SPJ4

3 0
2 years ago
What burden of proof is required in civil cases?
MariettaO [177]
A. Beyond a reasonable doubt is your answer. The burden of proof is the prosecutions job. And in civil cases, the burden of proof is the person bringing the case to court, i.e the plaintiff. 
8 0
3 years ago
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