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3 years ago

If the Canadian dollar is strengthening, then:

Business

1 answer:

Rainbow [258]3 years ago

7 0

Answer:

The correct answer is (D) it has appreciated in terms of other currencies.

Explanation:

Currency appreciation is the increase in the value of a country's currency with respect to one or more foreign reference currencies, which normally occurs in a floating exchange system.

The reasons that can make a currency or currency appreciate are diverse and usually related to a high demand for it. For example, the consideration of a currency as a low risk of depreciation or a very high level of exports of a country (the demand for the currency to pay for exports will increase) are causes that give rise to the appreciation of a currency.

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Bonita Cosmetics acquired 10% of the 218,000 shares of common stock of Martinez Fashion at a total cost of $13 per share on Marc

Semmy [17]

Answer:

See explanation section

Explanation:

Req. A: Situation 1

Mar 18 Available for sale of stocks of MF Debit $283,400

Cash Credit $283,400

Note: As Bonita acquired 10% of Martinez shares at $13, total cash has to be paid to Martinez Fashion = (218,000*10%) × $13 = 21,800 shares × $13 = $283,400.

Jun 30 Cash Debit $7,130

Dividend Revenue Credit $7,130

Note: As Martinez declared $71,300 to all stockholders, Bonita will receive 10% of those dividends as they acquired 10% of the total stocks. The cash received from the MF is = $71,300 × 10% = $7,130.

Securities Fair Value

Dec 31 Adjustment Debit $21,800

Unrealized holding gain (loss)- Equity Credit $21,800

Note: As the market price of the share increased to $14-$13 = $1, Bonita would gain from the increased market price. Total gain = $1 × (218,000 shares × 10%) = $21,800.

Req. B Situation 2

Investment in Seles

Jan 1 Common stock of Seles Corp. Debit $77,520

Cash Credit $77,520

Note: As Windsor, Inc. obtained 30% of Martinez shares at $8, total cash has to be paid to Martinez Fashion = (32,300*30%) × $8 = 9,690 shares × $8 = $77,520.

Jun 15 Cash Debit $10,560

Dividend Revenue Credit $10,560

Note: As Seles declared $32,300 to all stockholders, Windsor, Inc. will receive 30% of those dividends as they acquired 30% of the total stocks. The cash received from the MF is = $32,300 × 30% = $10,560.

Investment in Seles

Dec 31 Cash Debit $24,600

Revenue Credit $24,600

Note: As Seles reported a net income of $82,000, due to acquiring 30% of Seles stock, Windsor, Inc. will receive 30% of its net income. The revenue is = $82,000 × 30% = $24,600.

5 0

3 years ago

You bought two acres of land for $200,000 ten years ago. Although it is zoned for commercial use, it currently holds eight small

andre [41]

Answer:

$500,000

Explanation:

in order to calculate the value you should determine the expected return or sales price of the land = price of land x probability of sale

In this case, you have two offers and apparently you haven't decided which to choose, so the expected return = ($400,000 x 50%) + ($600,000 x 50%) = $200,000 + $300,000 = $500,000

5 0

3 years ago

_____ media are specifically designed to help bring customers eyeball to eyeball with the product--often at the point of sale or

cupoosta [38]

Answer:

This question is incomplete, the options are missing. The options are the following:

a) Exhibitive.

b) Transit.

c) Direct mail.

d) Outdoor.

e) Print.

And the correct answer is the option A: Exhibitive.

Explanation:

To begin with, the term known as "Exhibitive Media", in the field of marketing and business, refers to the strategy used by the companies whose approach is in the point of sale marketing. This type of strategy focus on exhibiting the product to the costumer the closer as possible so it will generate an impulse on the client of buying the product without having it thought before seeing the product. A very common example of this strategy is the situation in where the supermarkets fill their lines to the cashier with other retails that have product that are attractive at first sight.

6 0

3 years ago

Imagine if Metallica had it’s music on iTunes (where customers have to pay for downloads). In a 48 hour period, how much money d

erastova [34]

It can be caused by an earthquake or volcano but then you can add 5

7 0

3 years ago

You are considering a project which will provide annual cash inflows of $7,500, $3,000, $9,000, and $12,430 at the end of each y

Blababa [14]

Answer:

$25,161.15

Explanation:

The computation of the present value of the cash flows is presented below:

Years Cash flows Discount factor Present value

1 $7,500.00 0.9174311927 $6,880.73

2 $3,000.00 0.8416799933 $2,525.04

3 $9,000.00 0.7721834801 $6,949.65

4 $12,430.00 0.7084252111 $8,805.73

Present value $25,161.15

The discount factor should be computed below

= 1 ÷ (1 + rate)^years

3 0

4 years ago