1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ivann1987 [24]
3 years ago
9

A fixed exchange rate is one that​ _______. A fixed exchange rate is achieved​ _______.

Business
1 answer:
scoundrel [369]3 years ago
3 0

Answer: Filling the blanks, we get:

A fixed exchange rate is one that​ is set by a country's central bank. A fixed exchange rate is achieved​ by the intervention of the central bank in the area of foreign exchange.

Explanation: In foreign exchange we have two types of exchange rates, we have the flexible exchange and fixed exchange rate. The flexible exchange rate is an exchange rate controlled by the forces of demand and supply. While on the other hand a fixed exchange rate is an exchange rate set by a country's government by making deliberate payments to keep the exchange rate fixed.

You might be interested in
Use the data below to construct the advance/decline line for the stock market. Volume figures are in thousands of shares. (Do no
slamgirl [31]

Answer:

                Adv./Dec.               Cumulative

Monday               1                            1

Tuesday              2                            3

Wednesday         1                            4

Thursday             5                            9

Friday                   1                            10

Explanation:

Note: See the attached excel file for the construction of he advance/decline line for the stock market.

Download xlsx
3 0
3 years ago
A company purchased $2,000 of merchandise on July 5 with terms 2/10, n/30. On July 7, it returned $300 worth of merchandise. On
wlad13 [49]

Answer:

The correct journal entry to record the payment on July 12 is:

Debit Accounts Payable $1,700

Credit Merchandise $34

Credit Cash $1,666

Explanation:

Credit terms of 2/10, n/30 means that 2% discount for the payment within 10 days and the full amount to be paid within 30 days.

On July 5:

Debit Merchandise $2,000

Credit Accounts payable $2,000

On July 7:

Debit Accounts payable $300

Credit Merchandise $300

On July 12, the company pays and takes the appropriate discount:

2% x ($2,000 - $300) = $34

The company uses a perpetual inventory system, and records purchases using the gross method.

The journal entry to record the payment:

Debit Accounts Payable $1,700

Credit Merchandise $34

Credit Cash $1,666

8 0
4 years ago
Ramkissoon Midwifery's cost formula for its wages and salaries is $2,060 per month plus $442 per birth. For the month of July, t
iragen [17]

Answer:

Spending variance will be equal to -729

Explanation:

We have given wages and salary is $2060 per month plus $442 per birth

We have given total number of birth = 117

So standard cost = $2060+117×$442 = $53774

Actual wages and salary for the month is = $54500

We have to find the spending variance

Spending variance is given by

Spending variance = Standard cost - actual cost = $53774 - $54500 = -729

So spending variance will be equal to -729

6 0
3 years ago
1. Python acquires 80% of the voting stock of Slither on January 1, 2020 for $4,000. The fair value of the noncontrolling intere
disa [49]

Answer:

C. $400

Explanation:

Amount for NCI to be eliminated = (280+120) = $400

stock = 600*0.2=$120

Retained Earnings = 1400*0.2= $280

7 0
3 years ago
In operations management, _____ means using resources to create value by providing customers with goods and services that offer
Bess [88]
<span>Operational management manages activities that are involved in creating value by producing goods and services and distributing them to customers. 
</span>Effectiveness is a term used in operational management to describe using resources to create value by providing customers with goods and services that offer a better relationship between price and perceived benefits. 
6 0
3 years ago
Other questions:
  • Which statement is not true about life insurance companies? A. They sell contracts that offer financial protection against prema
    5·1 answer
  • For electronically deposited funds, such as an employee's direct deposit, when must banks make those funds available to the empl
    7·1 answer
  • A form of equity which receives no preferential treatment in either the payment of dividends or in bankruptcy distributions is c
    6·1 answer
  • Fabiola is an accountant with Rovers and Associates, a law firm in downtown Memphis. The firm maintains a checking account with
    15·1 answer
  • Boston Company manufactures pipes and applies manufacturing overhead costs to production using a budgeted predetermined overhead
    12·1 answer
  • Bonita Industries produces corn chips. The cost of one batch is below: Direct materials $18 Direct labor 14 Variable overhead 12
    6·1 answer
  • "gets things started" and manages the means of production in a free enterprise system. good and services for sale in the market
    7·1 answer
  • The phrase baby boomers refers to americans who?
    8·2 answers
  • Discuss how structural dimensions of the firm, including formalization, standardization, and centralization, can affect the firm
    6·1 answer
  • Nutsm = wut tell me<br> ddfghdjhdsdsfsfsdfdfs
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!