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Kazeer [188]
3 years ago
5

An indirect exchange rate quotation is one in which the exchange rate is quoted: for the immediate delivery of currencies exchan

ged. in terms of how many units of the foreign currency can be converted into one unit of domestic currency. for the future delivery of currencies exchanged. in terms of how many units of the domestic currency can be converted into one unit of foreign currency.
Business
1 answer:
vladimir2022 [97]3 years ago
6 0

Answer:

in terms of how many units of the foreign currency can be converted into one unit of domestic currency.

Explanation:

Direct quotation of currency exchange refers to quoting how many units of domestic currency are needed to purchase one unit of a foreign currency, e.g. you need $0.77 US to purchase 1 Canadian dollar.

Indirect quotation of currency exchange refers to quoting how many units of a foreign currency are needed to purchase one unit of your domestic currency, e.g. you need 1.30 Canadian dollars to purchase $1 US.

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Explain why you would typically create a header or footer
fredd [130]

It provides additional information that helps reader to identify what your writing about. Usually in the header or footer the name of the author, the name of the book, page number, document name, date and time are usually pt in the header or footer.

Hope this helps

8 0
4 years ago
Which of the following is a potential benefit of inflation?
Alina [70]
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
Among the choices the one that has 
 potential benefit of inflation is <span>More business profits

</span>When inflation<span> is too high of course, it is not </span>good<span> for the economy or individuals.</span>Inflation<span> will always reduce the value of money, unless interest rates are higher than</span>inflation<span>. And the higher </span>inflation<span> gets, the less chance there is that savers will see any real return on their money.</span><span>

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3 0
4 years ago
Read 2 more answers
On December 31, 2019, Hamilton Inc. sold a used industrial crane for $600,000 cash. The original cost of the crane was $5.0 mill
erastovalidia [21]

Answer:

Loss of $200,000

Explanation:

Cost of Crane:                            $5,000,000

Accumulated Depreciation:         4,200,000

Difference                                         800,000

Sale of Crane                                    600,000

LOSS                                                  200,000

This would be a loss because Hamilton did not receive enough cash on the sale of the crane to cover its initial cost for the crane. Since we do not have a salvage value listed, this answer is based on the assumption that the salvage value of the crane is $800,000. (Gain or loss is calculated by determining if the cash received on the sale of the item - in this case, the crane - is more (gain), less (loss), or equal (equal) to the salvage value. Based on the assumption that the salvage value is the remaining $800,000, this would mean a loss to Hamilton since they only received $600,000 for the sale of the crane).

5 0
3 years ago
To avoid double-counting output in GDP measures, _____ are excluded in GDP.
Effectus [21]
The correct answer is d). We have that government spending can also give way to products and services, just like private enterprises, thus there is no double-counting there. Services such as haircuts have their own value, which are separate from any other material products. Finally exports are also not counted twice; Raw materials though would be counted twice if we counted them for the GDP since their value is incorporated in the value of the final product. For example, we cannot count towards the GDP the value of rubber production in a country since then, if we counted the value of the tires too, we would count the value of the rubber in the tires twice (one time as rubber/ one time as part of the tire).
7 0
3 years ago
To determine the effective gross income on a property, the sales associate should:________
artcher [175]

Answer:

Subtract vacancy and credit costs from potential gross income

Explanation:

Effective gross income (EGI) is actually the ratio or relationship that exists between the sale price of a property and effective gross income of that same property.

It is the potential gross income added to other income when vacancy and credit costs are subtracted from it.

EGI is used to determine the value of a rental property and the cash that the property generates.

4 0
3 years ago
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