In order for you to find out if Amy will be a valuable new business contact, you need to ask her questions about her business and tell her what you need.
Answer:
$212,000
Explanation:
The cost principle is an accounting concept fro recording asset in the books of accounts. According to this principle, assets should be recorded at the actual price paid for the item. The phrase 'cost principle' is also referred to as the historical cost principle.
In the case of the Donnar company, the amount to be recorded should be $212,000. This is the agreed price. It is the actual amount that the Donner Company will pay for the land. The cost recorded is expected to stay constant unless amended through amortization, depreciation, or appreciation in value.
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<u>If the exchange rate between the U.S. dollar and </u><u>Japanese </u><u>yen changes from</u><u> $1 = 100 yen</u><u> to </u><u>$1 = 90 yen,</u><u> then: Japanese tourists to the U.S. will benefit.</u>
What happens in the foreign exchange market when a surplus of dollars exists?
- The supply and demand of each currency must be equal in order for the foreign exchange market to be in equilibrium, as it is in every market.
- Until equilibrium is reached, the exchange rate will change according to whether there is a surplus or shortage on the market.
What connection exists between the supply of foreign currency and the exchange rate?
- This decreases demand for exports and reduces the amount of foreign currency available, much like how domestic goods become more expensive for foreign consumers when the foreign exchange rate declines.
- As a result, there is a direct connection between the supply of foreign currency and the foreign exchange rate.
Learn more about foreign exchange
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Answer:
D) $26,688
Explanation:
The computation of the present value is shown below:
= Annual payment × PVIFA for 7 years at 6%
= $4,781 × 5.5824
= $26,688
Refer to the PVIFA table
Simply we multiply the annual payment with the PVIFA so that the accurate amount can come.
The present value is come after considering the discount rate for the given number of periods
