Answer:
A)
Since the money supply is growing at a much faster rate than real GDP in the US, this means that the inflation rate in the US will be higher than the inflation rate in the UK. In both countries the money supply is growing at a faster rate, but the difference in the US is larger (money supply is growing 67% faster that real GDP), while the money supply in the UK is growing 20% faster than real GDP.
This means that the US dollar should depreciate against the British pound.
B)
If you have US dollars, then you should increase your investments in the UK because the pound will be worth more US dollars in the future.
C)
More American goods should be exported to the UK, and less British goods should be imported to the US. Since the US dollar should be cheaper, American products are cheaper. The opposite will happen to British products.
Answer:
d. Revenues increase, so total equity is increased.
Explanation:
Consulting Revenue of $700 will increase the total revenue of the business and total equity of the business as the revenue will increase the net profit which will ultimately be added to the equity balance. Increase in revenue will result in increase in equity and Increase in expenses will decrease the equity.
Answer:
$5,720
Explanation:
Calculation to determine What is Marigold adjusted cash balance on April 30
MARIGOLD CORP Adjusted cash balance on April 30
Cash balance per bank $5400
Less:Outstanding checks ($330)
Add: Deposit in transit $650
Adjusted cash balance. $5720
($5400-$330+$650)
Therefore Marigold adjusted cash balance on April 30 is $5,720
Answer:
The answer is $250
Explanation:
Solution
From the example given, we are asked to find the internal transfer price of Phelan's product.
So, if Phelan is operating at capacity or speed and has unlimited external customer demand then the transfer price for Phelan's product is $250 as it has huge demand from customers
Answer:
C. (equals 50 and has cash and coins)
Explanation:
1-10= 10
5-5 =25
35+12=47
8 quarters= 2 $49
.60+.30+.1= $1
