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yKpoI14uk [10]
3 years ago
6

The fixed exchange rate system was used until 1971. Question 3 options: True False

Business
2 answers:
PilotLPTM [1.2K]3 years ago
4 0

Answer:

True

Explanation:

The fixed exchange rate came to an end in 1971 in the US.

Before 1971, the US currency value was tied to an ounce of gold. In 1971 the US economy was undergoing a recession. The US authorities bought all the gold value backing the dollar to end the recession.  The dollar became a fiat currency.

The year also marked the beginning of the floating exchange system for the dollar.  

GarryVolchara [31]3 years ago
3 0

The answer is True :)

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_______ consumers in the united states have increasing influences on mainstream u. S. Culture, and the buying power of this grou
Murljashka [212]

Hispanic consumers in the U.s. have an increasing influence on mainstream U. S. Culture.

<h3>What is the Hispanic consumer?</h3>

Hispanic customers are more probable to encounter unique shopping actions, such as shopping online for the first time or buying from new retailers. Categories such as home furnishings and décor and apparel and accessories have moved Hispanics online for the first time to shop for these articles.

Successful Hispanic marketing movements take proper planning, rehearsal, and a profound understanding of the Hispanic market. By factoring in language choices, cultural values, compelling creative messaging, and target audience into account, your company can effectively position itself within the Hispanic market.

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8 0
2 years ago
Golden Enterprises started the year with the following: Assets $107,000; Liabilities $37,000; Common Stock $67,000; Retained Ear
Tema [17]

Answer:

$3,650

Explanation:

Given that,

Assets = $107,000;

Liabilities = $37,000;

Common Stock = $67,000;

Retained Earnings = $3,000

Amount of net income:

= Revenue - Expenses

= $5,700 - $3,350

= $2,350

Closing retained earnings:

= Retained earnings at the start + Current year net income - Dividends paid

= $3,000 + $2,350 - $1,700

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Therefore, the Golden's retained earnings at the end of the year is $3,650.

6 0
3 years ago
Steve wants to use Google Display Ads to reach new customers who are looking to purchase products similar to his. Which audience
jok3333 [9.3K]

Answer: In-Market audiences

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Because of the analysis done by Google, they know what the users are looking for and so one can target specific ads at them. Steve can therefore use Google Display Ads to target those customers who are looking to buy similar products to his through In-market audiences.

6 0
3 years ago
how much of a stock's $30 price is reflected in pvgo if it expects to earn $4 per share, has an expected dividend of $2.50, and
Kruka [31]

The amount of the stock price that will be reflected in the PVGO is $10

The value of an organization's potential future growth is symbolized by the acronym PVGO, or "present value of growth opportunities." It represents the potential value for the organization by reinvesting its earnings back into the business.

Expected Dividend payment (D) = $2.50

Total Earnings (E) = $4

Rate of return (ROR) = 20%

Step 1. Using no growth rate (GR), computing the stock price (SP)

Since the growth rate is not specified, 0% is taken as the default value.

The stock price (SP) = E/ROR

= $4 / 20%

Stock price = $20.

Step 2. Computing the SP reflected in PVGO.

So, total SP with no GR

= $30 - $20

Stock price with no growth rate = $10

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7 0
1 year ago
Members of _________ organizations do not get paid and instead contribute their time or money because they like or admire what t
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Non-profit organizations. (They don’t make money)

Hope I helped!
7 0
3 years ago
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