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2 years ago

A fixed exchange rate is one that _. A fixed exchange rate is achieved _.

Business

1 answer:

scoundrel [369]2 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.

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Joanette, Inc., is considering the purchase of a machine that would cost $520,000 and would last for 7 years, at the end of whic

Dovator [93]

Answer:

Net present value = -$22,531

Explanation:

As per the data given in the question,

Computation of NPV project

Particulars Period Pv factor at 14% Amount Present value

Cash inflows:

Annual saving in costs 1-7 4.288305 $112,000 $480,290

Salvage value 7 0.399637 $52,000 $20,781

Recovery of working capital 7 0.399637 $6,000 $2,398

Present value of cash inflows $503,469

Less: Cash outflows

Cost of Machine 0 1 $520,000 $520,000

Working capital 0 1 $6,000 $6,000

Net present value -$22,531

Working Note

The present value of cash inflows is

$480,290+ $20,781+$2,398 = $503,469

And, the net present value is

= $503,469- $520,000-$6,000

= -$22,531

5 0

2 years ago

One of the most important issues for Mr. Reuben to address beyond the desires of the employees for particular types of benefits

Paul [167]

Question Completion:

Multiple Choice :

a. Family Medical Leave Act

b. Americans with Disabilities Act

c. Pregnancy Discrimination Act

d. Age Discrimination in Employment Act

e. All of these answers are correct

Answer:

The law/regulation which applies to the benefits the company may utilize is:

a. Family Medical Leave Act

Explanation:

The Family and Medical Leave Act of 1993, gives employees the opportunity to take leave from their work for specific family and medical reasons without affecting their normal annual leave. Unlike the other laws mentioned, which attempt to prohibit discrimination against persons with disabilities, (Americans with Disabilities Act 1990), against Pregnancy (Pregnancy Discrimination Act of 1978), and against age (Age Discrimination in Employment Act 1967), the Family and Medical Leave Act provides benefits to employees.

3 0

2 years ago

Which of the following is a internal event?

omeli [17]

I believe its "A", an indoor company

6 0

2 years ago

Read 2 more answers

Waterway Industries buys a delivery van with a list price of $60000. The dealer grants a 13% reduction in list price and an addi

krek1111 [17]

Answer:

Cost of the VAN <em>$53.298‬</em>

Explanation:

We have to enter the van as the cost for a cash purchase and all other neccesary cost to get the van ready for use and in company's possesion.

The financing cost (interest) should be excluded as are not part of the cost the company can chose to take them or not.

list x reduction = invoice

invoice less discount = cash price

60,000 x (1 - 0.13) x (1 - 0.01) = 51.678‬

to this, we add up the sales tax and the extra cost for the device

51,678 + 860 + 760 = <em>53.298‬</em>

5 0

2 years ago

Frankfort Corporation purchases an investment in Bradley, Inc. at a purchase price of $9.8 million cash, representing 40% (at bo

vazorg [7]

Answer:

B. The amount of equity reported by Frankfort Corporation is $672,000

Explanation:

Equity earnings

= Frankfort's share in net income of Bradley

= 1,680,000 * 40%

= 672,000

Option B

Please comment if you face any issues****************

7 0

3 years ago

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

A fixed exchange rate is one that _. A fixed exchange rate is achieved _.