Answer:
1. Yes, overshooting is consistent with PPP. Investors forecast the expected exchange rate based on the theory of PPP. When there is some change in the market, the investors know the exchange rate will change to equate relative prices in the long run. This is why we observe overshooting in the short run. The investors incorporate this information into their short-run forecasts.
2. Exchange rates are volatile in the short run. The theory's implication that there is exchange rate overshooting (in response to permanent shocks) is one explanation for short-run volatility in
exchange rates.
Answer: supply chain management
Explaination:
Supply chain management is define as the management of the flow of goods and services and it includes all processes that transform raw materials into final products. It also involves the active streamlining of a business's supply-side activities to gain a competitive advantage in the market.
Supply chains cover all steps from production to product development to the information systems that is needed to direct these undertakings.
Career experiences program coordinator by school includes all above
Answer:
$0
Explanation:
Alamos Co. exchanged equipments and $18,200 cash for a similar equipment
The book value of the old equipment is $81,100
The fair value of the old equipment is $91,900
The gain/loss recorded by Alamos can be calculated as follows
= Fair value-book value
= $91,900-$81,100
= $10,800
= $10,800
But since the exchange lacks a commercial substance then, no amount of gain or loss will be recognized/recorded.
Hence Alamos Corporation recorded a gain of $0
Answer:
June 2019
Interest Expense $ 2,531.25 (debit)
Bank $ 2,531.25 (credit)
September 2019
Interest Expense $ 2,531.25 (debit)
Bank $ 2,531.25 (credit)
December 2019
Interest Expense $ 2,531.25 (debit)
Bank $ 2,531.25 (credit)
March 2020
Interest Expense $ 2,531.25 (debit)
Bank $ 2,531.25 (credit)
Explanation:
For each Month, Recognise an Expense - Interest and Also de-recognise the Asset - Cash as interest is being paid.
Interest Expense Calculation = 3/12×$225,000×4.5%
= $ 2,531.25
