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user100 [1]
3 years ago
15

A ________ rate means the value of the currency is fixed relative to a reference currency and then the exchange rate between tha

t currency and other currencies is determined by the reference currency exchange rate. Multiple Choice pegged exchange currency board fixed exchange floating exchange
Business
1 answer:
hammer [34]3 years ago
5 0

Answer:

pegged exchange

Explanation:

Pegged exchange rate  -

<u>It is also known as the fixed exchange rate . </u>

It is a type of the exchange rate in which the value of the currency for the other country's currency value or could be the measure of other monetary like the gold , is known as pegged exchange rate .

hence , from the question ,

The correct term for the given statement of the question is pegged exchange rate .

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The following information is taken from Reagan Company's December 31 balance sheet: Cash and cash equivalents $ 9,619 Accounts r
abruzzese [7]

Answer:

46.07 days

Explanation:

Calculation for the firm's days' sales uncollected for the year

Using this formula

Days' Sales Uncollected Ratio = Ending Accounts Receivable/Net Sales * 365

Let plug in the formula

Days' Sales Uncollected Ratio = ($76,422/$605,500) * 365

Days' Sales Uncollected Ratio = 46.067 days

Days' Sales Uncollected Ratio = 46.07 days Approximately

Therefore the firm's days' sales uncollected for the year is: 46.07 days

5 0
3 years ago
What will happen to your credit score if you do not manage your debt wisely?
galina1969 [7]

Answer:

it will go down

Explanation:

common sense  

6 0
3 years ago
Read 2 more answers
Sustainable Growth Rate You have located the following information on Rock Company: debt ratio = 46.5%, capital intensity ratio
Sliva [168]

Answer:

The correct answer is 10.72% ( Approx.).

Explanation:

According to the scenario, the given data are as follows:

Debt ratio = 46.5%

Capital intensity ratio = 2.51 times

Profit margins = 21%

Dividend payout = 38%

Formula to calculate sustainable growth rate ae as follows:

Sustainable growth rate = (Earnings retention rate × Return on equity ) / ( 1 - (ROE × RR)

where, Retention rate =(1 - dividend payout rate)

= (1-0.38) = 0.62

ROE = Profit margin × Total asset turonver × Equity multipler

= Profit margin × 1/capital intensity ratio × 1/(1-debt ratio)

= .21 × (1/2.51) × 1/(1-.465)

= .21 × 0.398 × 1.869

= 0.1562

=15.62%

So, Sustainable growth rate = (0.1562*0.62) / 1 - (0.1562*0.62)

= 0.096844 / 0.903156

= 0.1072

= 10.72% (approx.)

Hence, the correct answer is 10.72% (approx.).

7 0
4 years ago
The atomic number of an element represents the number of:
NeX [460]

Answer:

  • <u><em>protons</em></u>

<u><em></em></u>

Explanation:

By definition the<em> atomic number </em>of an element is the<em> number of protons.</em>

The protons are the positevely charged particles in the nucleus of the atom.

The atomic number of an element is what uniquely identifies it. There are 118 known elements and all of them are represented in the periodic table. Then, there are 118 different atomic numbers.

The elements are arranged in the periodic table in increasing order ot atomic number.

For instance:

  • The element with <em>atomic number</em> 1 is hydrogen (H). It is the first element in the periodic table, located in the upper left corner of the table. It has one <em>proton</em>. NONE  other element has just one proton.

  • The element with <em>atomic number</em> 2 is helium (He). It has two <em>protons</em>, is located at the upper right corner of the periodic table and NONE other element has just two protons.

  • The element with <em>atomic number</em> 118 is Oganesson (Og). It is the last element in the periodic table. It is located in the bottom right corner of the periodic table. It has 118 <em>protons</em> and NONE other element has atomic number 118.
4 0
3 years ago
Jennifer's income is too high to qualify for the credit on Form 8880, Credit for Qualified Retirement Savings Contributions.A. T
a_sh-v [17]

Answer:

given statement is true

Explanation:

solution

the given statement is true because  

by encouraging, people of the lower income is contributing to their retirement savings account.  

and IRS offers a tax credit for contributions to them for claim the retirement savings credit

so  Jennifer must use IRS form 8880

and credit percentage decreases as the as AGI increases

so we can say given statement is true

3 0
3 years ago
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