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lozanna [386]
3 years ago
8

The eurozone is the countries that use the euro as their common currency. made up of the communist countries in eastern Europe.

another name for Scandinavia. the only countries in Europe that engage in free trade with the United States.
Business
1 answer:
liberstina [14]3 years ago
4 0

Answer:

The Eurozone is

the countries that use the euro as their common currency.

Explanation:

The Eurozone is made up of the European Union (EU) countries that use the euro as their currency.  It is a subset of the European Union.  This implies that not all the EU member countries have adopted the use of the euro as their common currency.  For example, before Brexit, Britain continued to use her pounds sterling instead of the euro.  This shows that Britain was not then a part of the Eurozone, unlike other countries that have fully adopted the euro as their common currency.

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Ricardo pays the following taxes during the year: Ricardo's Taxes Taxes Amounts Real estate taxes on his personal residence $2,5
exis [7]
The answer is 5,000bdbrbgvtvdhdudidjrbrbfbtbfjf
7 0
4 years ago
During the current year, Bradford Company purchased some of the 90,000 shares of common stock, par $ 6 , of Hall, Inc., as a lon
jok3333 [9.3K]

It's a long-term investment and the company owns 45% of shares of Hall Inc. Hence the company exercises significant influence over Hall Inc.

The various journal entries on the transaction occured would be  made as under:

No. Account Name                     Debit                                Credit

1. Investment                         1296000  

 Cash                                                                         1296000

     

2. Investment                           97650  

 Investment income

           (217000 x 45%)                                                            97650

     

3. Cash                                       64800  

 Investment (1.60 x 40500)                                                64800

         

The effect on the cash flow statement will be:

Operating activities:  

                                   No effect        0

Investing activities:  

        Purchase of investment -1296000

            Receipt of dividends 64800

The current stock price is also known as the marketplace fee. it's far the fee at which a share of inventory or every other security is ultimately traded. In an open market, the modern charge functions as a baseline . Divide equity by the wide variety of stocks issued. If, say, the company's well worth $10 million and there are 10,000 shares, the share fee of every percentage is $1,000.

Learn more about The share market here:- brainly.com/question/690070

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3 0
2 years ago
What is the total amount of current assets to be reported on XYZ Company's 12/31/X1 classified balance sheet
BartSMP [9]

Answer:

$112,800

Explanation:

The computation of the total amount of current asset reported is as follows:

= Cash + account receivable + supplies + prepaid rent

= $53,000 + $15,000 + $8,800 + $36,000

= $112,800

Hence, the amount reported is $112,800

We simply added the above four items so that the current asset value could come

6 0
3 years ago
When​ Alex's income increased from ​$2,000 to ​$4,000​, he increased his consumption of bagels from 6 to 10 a month and decrease
Oliga [24]

Answer:

For Bagels = 1.33

For Donuts = -1.33

Explanation:

Using the midpoint method, Alex's percentage change in income is given by the difference in income divided by the average income:

\%I =\frac{\$4,000-\$2,000}{\frac{\$4,000+\$2,000}{2}}\\\%I=66.67\%

Alex's percentage change in demand for both bagels and donuts is given by the difference in the quantity consumed divided by the average consumption:

\%B =\frac{10-6}{\frac{10+6}{2}}\\\%B=50.00\%\\\%D =\frac{9-15}{\frac{15+9}{2}}\\\%D=-50.00\%

Alex's income elasticity of demand for bagels and donuts, respectively, is:

E_B=\frac{\%I}{\%B}=\frac{66.67\%}{50\%} \\E_B=1.33\\\\E_D=\frac{\%I}{\%D}=\frac{66.67\%}{-50\%} \\E_D=-1.33

His income elasticity of demand for bagels is 1.33, while for Donuts it is  -1.33.

6 0
3 years ago
If annualized nominal interest rates in the US and Switzerland are 12% and 8% respectively and the 90-day forward [one-year forw
Kobotan [32]

Answer:

Current spot rate for the Swiss frank will interest rate parity hold is <u>$1.0214</u>

Explanation:

As per given data

Annualized nominal interest rates in the US = 12%

Annualized nominal interest rates in the Switzerland  = 8%

90 days forward rate = $1.0218

As we know

According to interest rate parity theory

Forward rate differential = Interest rate differential

( ( F - S ) / S ) x (360/n) = ( ( 1 + ru ) / ( 1 + rs ) ) - 1

Where

F = Forward Rate = $1.0218

S = Spot rate = ?

n = numbers of days = 90 days

ru = Annualized nominal interest rates in the US = 12%

rs = Annualized nominal interest rates in the Switzerland  = 8%

Placing the values in the formula

( ( $1.0218 - S ) / S ) x (360/90) = ( ( 1 + 12% ) / ( 1 + 8% ) ) - 1

( ( $1.0218 - S ) / S ) x 4 = ( 1.12  / 1.08% ) - 1

( ( $1.0218 - S ) / S ) x 4 = 0.037037

( ( $1.0218 - S ) / S ) = 0.037037 / 4

( $1.0218 - S ) / S = 0.00925925

$1.0218 - S = S0.00925925

$1.0218 = S0.00925925 + S

$1.0218 = S1.00925925

S = $1.0218 / 1.00925925

S = $1.0214

7 0
3 years ago
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