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4 years ago

When supply shifts left and demand shifts right, :

Business

1 answer:

Nesterboy [21]4 years ago

4 0

Answer: The equilibrium price always rises

Explanation:

When the supply shift towards left, the supply curve increases the price of equilibrium and there is decreases in the quantity of the equilibrium. When the demand curve shifts towards right then, the demand curve increasing the price of equilibrium as well as increased the quantity of the equilibrium. This concludes that, the equilibrium price always rises.

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YZ Corporation, located in the United States, has an account payable of 750-million yen payable in one year to a bank in Tokyo.

EleoNora [17]

Answer:

Dollar cost of the foreign payable = $ 6,653,833.28

Explanation:

The money market hedge would be set up as follows:

Step 1: Deposit in Yen (Tokyo)

Deposit an amount in Yen equal to

Amount to be deposited= Payable/(1+deposit rate)

= 750,000,000/(1.03)

= Yen 728,155,339.8

Step 2 : Convert the sum

Convert Yen 728,155,339.8 at the spot rate of yen 116 per $

Dollar amount = 728,155,339.8 / 116

= $ 6,277,201.205

Step 3: Borrow at home (US)

Borrow $ 6,277,201.205 for one year at an interest rate of 6%

Amount due (inclusive of interest) = Amount borrowed × 1.06

=$ 6,277,201.205 × 1.06

= $ 6,653,833.28

Dollar cost of the foreign payable = $ 6,653,833.28

8 0

3 years ago

L Inc. has provided the following data for the month of November. The balance in the Finished Goods inventory account at the beg

Softa [21]

Answer:

Adjusted cost of goods sold 234,900

Explanation:

To calculate the the adjusted cost of goods sold , we need to first determine the over or under applied overhead.

Over applied overhead = absorbed overhead - actual over heads

=$59,200- $55,900

= $3,300

This will be deducted from the the cost of goods produced because it is the amount by the which actual production has been over stated.

The adjusted cost of goods sold is determined as follows:

Opening inventory 55,000

Cost of goods manufactured 213,000

Over applied overheads (3,300)

Less closing inventory (30,300)

Adjusted cost of goods sold 234,900

7 0

4 years ago

Justify the effectiveness of the national credit act ,2005 on businesses

forsale [732]

Answer:

The Act was introduced to: promote a fair and non-discriminatory marketplace for access to consumer credit

Explanation:

The National Credit Act was enacted on the premise that consumers need to be protected from this practice. The Act thus exerts pressure on the credit lenders to assess the consumer's ability to repay, disclose the cost of credit, as well as setting limit on interest that can be charged.

5 0

3 years ago

Sheryl Hansen started a business on May 1, 20--. Analyze the following transactions for the first month of business using T acco

slava [35]

Answer:

Sheryl Hansen

T- Accounts

Cash

Account Titles Debit Credit

a. Sheryl Hasen, Capital $3,100

b. Equipment $500

d. Accounts Payable 300

e. Sheryl Hasen, Drawings 700

Sheryl Hasen, Capital

Account Titles Debit Credit

a. Cash $3,100

Equipment

Account Titles Debit Credit

b. Cash $500

c. Accounts Payable 800

Accounts Payable

Account Titles Debit Credit

c. Equipment $800

d. Cash $300

Sheryl Hasen, Drawings

Account Titles Debit Credit

e. Cash $700

Explanation:

a) Data and Analysis:

a. Cash $3,100 Sheryl Hasen, Capital $3,100

b. Equipment $500 Cash $500

c. Equipment $800 Accounts Payable $800

d. Accounts Payable $300 Cash $300

e. Sheryl Hasen, Drawings $700 Cash $700

4 0

3 years ago

Before protecting a worksheet to avoid people from editing the formulas, you must ________.

mario62 [17]

Answer:

Lock the Formulas Cells

Explanation:

Now, go to lock the selected cells with formulas. To do this, press Ctrl - 1 to open the Format Cells dialog again, switch to the Protection tab, and check the Locked checkbox. The locked option prevents the user from overwriting, deleting or changing the content of the cells.

6 0

3 years ago