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Rzqust [24]
2 years ago
13

The exchange rate for converting the U.S. dollar into other currencies is continuously adjusted depending on the laws of supply

and demand. This illustrates a _____ exchange rate.
Business
1 answer:
OLga [1]2 years ago
6 0

Answer:

Floating

Explanation:

Exchange rate is the rate at which one currency can be exchanged with another currency.

A floating exchange rate is an exchange rate regime where the forces of demand and supply determine exchange rate. The exchange rate fluctuates with changes in demand and supply

This contrasts with a fixed exchange rate where the government determines the exchange rate

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If merchandise sold on account is returned to the seller, the seller may inform the customer of the details by issuing a
SIZIF [17.4K]

The seller may inform the customer of the details by issuing a credit memo .

A credit note or credit memo is a commercial document issued by a seller to a buyer. A credit memo serves as the source document for the sales return journal. In other words, the credit is evidence of a decline in sales. A credit is a short form of term credit and is evidence of a reduction in the amount owed by the buyer to the seller on a previous invoice.

A document from the bank to the depositor may also indicate that the depositor's account balance is in a non-deposit event such as B. Collection of the depositor's exchange bill by the bank.

A credit memo lists the products, quantities, and agreed prices for products or services offered by the Seller to the Buyer but not returned or received by the Buyer. May be issued for damaged goods, errors, and repairs.

Learn more about Credit memos here: brainly.com/question/14279491

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4 0
2 years ago
You are valuing a common stock that just paid a dividend of $1.25 per share. You are expecting the stock to grow at the rate of
Agata [3.3K]

Answer:

Price of stock- $26

Explanation:

<em>Using te dividend valuation model, the price of a stock is the present value of the future cash flows expected from the stock discounted at the required rate of return.</em>

Where a stock is expected  to pay dividend growing at a specific rate, the price of the stock can be dertermined as follows:

Price = D(1+g)/(ke-g)

D -dividend payable now,

Ke-required rate of return,

g - growth rate in dividend

So we can work out the price as follows:

Price = 1.25( 1+0.04)/(0.09-0.04)

      = $26

Price =$26

4 0
3 years ago
Question
Crank

In the evolution of the internet e-commerce allows people to make transactions online is the event occurred most recently.

<h3>Why e-commerce has grown up so much?</h3>

Today ecommerce has very vast market online and people are likely to sell and purchase the things online rather than going to physical market.

The increase in e-commerce has brought the emergency of online payment of the goods and services in the ecommerce.

Thus, option A is correct.

For more details about  e-commerce, click here:

brainly.com/question/14157556

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7 0
2 years ago
. A firm begins the year with a Book Value of $10 million. During the year it generates $5 million in net profits. It paid $1 mi
Keith_Richards [23]

Answer:

b) $12 million

Explanation:

The new Book Value of the firm at the bigining of next year is $12 million.

In the calulation of Net Pfofit, Interst on loan has already been deducted, so deducting it from the total calculation will be wrong.

hence, only dividend paid will be removed from the addition of the Book Value anf the Net profit.

Closing balance = Opening Book Value + Net Profit - Dividend Paid

Note - The Net Profit is already ne of interest on loan.

Closing balance = $10 + $5 - $3

Closing balance is $12

3 0
3 years ago
The bookkeeper at Jefferson Company has not reconciled the bank statement with the Cash account, saying, "I don't have time." Yo
IgorC [24]

The April ledger accounts for cash showed  is :

JEFFERSON COMPANY

Bank Reconciliation, April 30, Current Year

Company's Books Bank Statement

Ending balance per cash account   26100 Ending balance per bank statement   23690

Additions:     Additions:    

Interest collected 1320   Deposits in transit 7200  

         

   1320     7200

   27420     30890

Deductions:     Deductions:    

NSF—A. B. Wright 270   Outstanding checks 3800  

Bank charges 60        

   330     3800

Correct cash balance   27090 Correct cash balance   27090

 2    

 General Journal Debit Credit

1 Cash 1320  

       Interest revenue   1320

     

2 Accounts Receivable—A. B. Wright 270  

         Cash   270

     

3 Bank service charge expense 60  

         Cash   60

     

 3    

 Cash balance  27090  

     

 4    

 Total amount of cash  27090  

Deposits in transit = 43300-36100 = 7200

In accounting, a well-known ledger is used to file all of an agency's transactions. inside a general ledger, transactional data is organized into assets, liabilities, sales, fees, and proprietor's equity. After each sub-ledger has been closed out, the accountant prepares the trial stability.

Ledger wallets are USB storage devices that hold more than one currency offline. It shops your non-public keys on the tool, making it tough for online hackers to get admission to your bills. If the bodily tool is stolen, customers depend upon a 24-word backup recovery word to get the right of entry to saved cryptocurrencies.

Learn more about  ledger here brainly.com/question/24835236

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5 0
1 year ago
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