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Rzqust [24]
3 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]3 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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The preferred stock of Nadine Fashions pays an annual dividend of $2.25 a share and sells for $38.75 a share. The tax rate is 32
earnstyle [38]

Answer:

The cost of preferred stock is 5.81%

Explanation:

Hi, well, the cost of a preferred stock follows this formula.

R(p) = Div/P

where:

Div: Dividend of the preferred stock

P: Price of the preferred stock

therefore, the cost of the preferred stock would be.

R(p) = 2.25/38.75 = 5.81%

Best of luck

4 0
3 years ago
What skills will you need to work effectively in (a) a learning organization, and (b) a high-involvement organization? Be specif
Zigmanuir [339]

Answer:

(a) systematic skill and problem solving skill

(b) problem-solving, team building skills and communication skills,

Explanation:

Yes I will definitely enjoy working in that kind of environment.

I will be able to learn, improve and build up my myself in such environment.

Getting equipped with all the necessary skills needed.

7 0
4 years ago
What are some traditional banking benefits??
musickatia [10]
You have a secure place to keep your money

You can earn interest
7 0
3 years ago
A company has an opening stock of 6,000 units of output. The production planned for the current period is 24,000 units and expec
Orlov [11]

Answer:

Explanation:

                                                Last year           Current year

Selling Price                      10                         10

Varaible Price                5                         6

Contribution Margin               5                               4

Break even is the point where total cost is equal to total revenue mean no profit and loss.

company earns the contribution margin after covering the variable cost, now only fix cost remains for break even.

Break Even using FIFO method :  first In first out system

Fix Cost                                                                            =     86000

contribution from opening units(6000*5)                            =     30000

Remaining Fix cost that should be Covered from

current year products                                                            =     56000

 

Units to be sold for break-even ( 56000/4)   = 14000

so we have break even units   6000+14000 = 20000

Fix cost                              = -86000

Opening 6000*5              = 30000

Current   14000*4             = 56000

Profit                                   = 0

Break Even using LIFO method : Last in first out

Fix Cost                                                                            =     86000

Break even =  Fix Cost / Contribution margin

Break even =  86000/4 =21500

current production is 24000 which is higher than break even units so we can cover the fix cost from current year production because company is using lifo method. we do not need opening units for the break even.

4 0
3 years ago
Oscar has just earned a degree in health and wellness, and he wants to pursue a career as a personal fitness and nutrition coach
Luba_88 [7]
If Oscar wants to pursue a career as a personal fitness and nutrition coach for a large organization he should include on his resume for applying for this job the information about his degree in health and fitness, especially in fitness. He should give information where (which school) he gained the degree and what were his specialties. (which sports).
7 0
3 years ago
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