Answer:
a. a depreciation of the home currency
Explanation:
Floating exchange rate system is a system in which the exchange rates of any currency depends upon the forex market, basically the supply and demand force of the country in international trade.
Depreciation in home currency will make it cheaper for the country top export, as less payment need to be made for same goods by other country if the home country exports.
Imports will turn expensive, which shall decline imports.
Accordingly receipts will increase and payments will decrease, which shall result in re framing current account and the deficit shall be decreased and might be reversed into surplus.
Answer:
$2,500 million
Explanation:
Calculation to Estimate merchandise purchases for the third quarter
Using this formula
Third quarter merchandise purchases= Ending inventory + Cost of goods sold - Beginning inventory
Let plug in the formula
Third quarter merchandise purchases= $3,200 million + $2,100 million - $2,800 million
Third quarter merchandise purchases= $2,500 million
Therefore The Estimated merchandise purchases for the third quarter will be $2,500 million
Answer:
$130000
Explanation:
Given: Sales revenue= $900000.
Variable cost of goods sold= $440000.
Fixed manufacturing cost= $160000
Variable selling and administration expense= $100000.
Fixed selling and administrative expense= $70000.
Now, finding the income from operation for June.
Formula; Income from operation=
⇒ Income from operation=
⇒ Income from operation=
⇒ Income from operation=
∴ Income from operation=
Hence, $130000 is the income from operation for June.
Answer:
It is an example of Foreign uncontrollable environmental elements
Explanation:
Foreign uncontrollable elements involve the physical and geographical, competitive forces, social and cultural, economic forces, level of technology and the political as well as legal forces.
So, in this case, James want to expand the facility of manufacturing to a 24 hour day but there is a unwritten rule that the workday must finish or end at 5:00 PM. Therefore, unwritten rule is the foreign uncontrollable element which affects the cultural environment of the factory. And James cannot influence or control the circumstance and instead need to follow his operations facility.
You hire someone to do it for you. It makes it super easy.