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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.

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Pacific Rim Co. sells outdoor furniture, garden and patio accessories, baskets, floral arrangements, and pottery to retail garde
sergiy2304 [10]

Answer:

Letter e is correct. <em>Trade salespeople</em>

Explanation:

<u><em>Trade salespeople</em></u> have the main features to help the retailer to perform all sales steps, from product exposure, advertising, pricing and sale process to the end consumer.

Its goal is to devise effective sales process strategies that direct the retailer to prospect customers and increase profitability.

4 0
4 years ago
Horton Stores exchanged land and cash of $5,000 for similar land. The book value and the fair value of the land were $90,000 and
Anuta_ua [19.1K]

Answer:

c. $ 95,000 $ 0

Explanation:

<u>Calculation of cost of land acquired</u>

For the purpose of recording of land acquired in the books of accounts, the accounting values of consideration paid shall be considered as per the generally accepted accounting principles as well as as per International accounting standard (IAS) - 16 'Property, plant and equipment'. Hence the land shall be recorded as per the following amounts:

Consideration paid in cash (A) = $ 5,000

Consideration in kind (land) (B) = $ 90,000 (Refer Note 1)

Total cost of new land (A+B) = $ 95,000

<em>Note 1</em>

Fair value is irrelevant for the purpose of capitalization of asset (IAS-16)

<u>Calculation of Gain/loss on disposal of land</u>

No gain/loss needs to be recorded as the new asset shall be recorded in terms of the book value of old asset (i.e. net impact is already taken into account during the exchange transaction)

5 0
4 years ago
Market Research Reading Quiz
hram777 [196]

Answer:

B) Quantitative

Explanation:

Quantitative questions collecting data often begin with "how many" or "how much."

8 0
3 years ago
Suppose the return on the market is expected to be 7%, a stock has a beta of 1.5, and T-bill rate is 3%. The SML would predict a
andrezito [222]

Answer:

2%.

Explanation:

<u>Calculation of the alpha of the stock</u>

Implied Alpha Formula = Actual return - Expected return as per CAPM

Implied Alpha = 11% - 9%

Implied Alpha = 2%

Since you believe the stock will provide instead a return 11%, its implied alpha will be 2%.

3 0
3 years ago
Gatorade thirst quencher displays the letter g front and center along with the brand's iconic bolt. according to the company, "g
Alex787 [66]

Perception benefits.

Gatorade wants anyone who uses their product and sees their logo to associate it (aka<em> have the perception</em>) that the user is athletic.

4 0
4 years ago
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