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2 years ago

4. Which of the following situations typically would result from an appreciating U.S. dollar relative to the

Business

1 answer:

patriot [66]2 years ago

5 0

Answer:

D. Americans purchase more Canadian made products.

Explanation:

The situation that would typically result from an appreciating U.S. dollar relative to the Canadian dollar is "Americans purchase more Canadian made products."

When Americans purchase more Canadian-made products, the Canadian dollar will rise or appreciate against the U.S. dollar. This is based on the principle of trade balance, whereby the monetary value of a country's imports and exports are evaluated over a given period.

In this case, the monetary value of Canadian exports against the U.S. dollar will indicate a positive trade surplus, hence, the Canadian dollar or currency will appreciate against the U.S. dollar.

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In the case of existing customers, ________ gives the information on the date and type of contact,

TEA [102]

Answer:

performance data

Explanation:

It seems that the question is structured a little off, but based on the information that is provided the answer that would go in the blank area would be performance data. As mentioned in the question performance data provides all the information regarding a single transaction, including the date and type of contact that inquired about the product in question. Which is what is being described in the question as well as answers a) and b) which i believe is part of the initial question and not answer choices.

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3 years ago

Vaughn Inc. acquired all of the outstanding common stock of Roberts Co. on January 1, 2020, for $276,000. Annual amortization of

frosja888 [35]

Answer:

ΗΘΕ

Explanation:

5 0

3 years ago

When a tax is levied on a good, the buyers and sellers of the good share the burden, A. provided the tax is levied on the seller

Morgarella [4.7K]

Answer:

Here all of these options are wrong , the correct answer is regardless of how the tax is levied the burden of tax would be shared by both the seller and buyer.

Explanation:

Tax can be said as primary source of income for the government. When a tax is levied on the goods , the burden of that would have to be bear by both buyer and seller , irrelevant of how that levied . If the taxes are high then the demand by buyer would be less and seller would receive low price because less people would buy and n the case where taxes are low demand would be high and seller would receive high prices ,in both cases tax would be levied on both seller and buyer and how much it would be depends upon the elasticity of demand and supply. So all the statements given here are false or invalid.

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2 years ago

In each succeeding payment on an installment note:

Serggg [28]

Answer:

In each succeeding payment on an installment note:

b. The amount that goes to interest expense decreases.

Explanation:

With each installment settled, the principal amount will continue to reduce and as a result, the amount that will be recognized as interest expense will also decrease. This is because the interest expense is calculated based on the principal amount, which is decreasing with each installment. The interest expense for a previous period will not be the same for the future period.

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3 years ago

On September 1, Vicario, Inc., borrows $100,000 from First National Bank at 6 percent annual interest. This note is due in 90 da

Tomtit [17]

Answer:

Explanation:

The journal entry is shown below:

Cash A/c Dr $100,000

To Notes payable A/c $100,000

(Being the issuance of the note payable is recorded)

For recording this transaction, we debited the cash account as it increases the asset and credited the note payable account as it also increases the liabilities account

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3 years ago