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3 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]3 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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A company developed the following per-unit standards for its product: 2 pounds of direct materials at $4 per pound. Last month,

olga nikolaevna [1]

Answer:

Direct Material Price Variance = $300 Favorable

Explanation:

Direct Material Price Variance = (Standard Price - Actual Price) $\times$ Actual Quantity

Standard Price = $4 per pound

Actual Price = $\frac{Actual\ Cost}{Actual\ Units}$ = $\frac{5,700}{1,500} = 3.8$

Since the actual price is less than the standard price the variance will be favorable as the amount paid for actual use is less then the estimated standard cost.

Thus, direct material price variance = ($4 - $3.8) $\times$ 1,500

= $300 Favorable

7 0

3 years ago

Alpha Corporation reported the following data for its most recent year: sales, $670,000; variable expenses, $420,000; and fixed

MariettaO [177]

Answer:

the degree of operating leverage is 5

Explanation:

The computation of the degree of operating leverage is given below:

= Contribution margin ÷ EBIT

= (Sales - Variable expense) ÷ (Sales - Variable expense - Fixed expense)

= ($670,000 - $420,000) ÷ ($670,000 - $420,000 - $200,000)

= $250,000 ÷ $50,000

= 5

Hence, the degree of operating leverage is 5

3 0

3 years ago

Bond funds: a) Will lose all value if a single bond defaults b) Are investment bargains because their price is so low c) Are ris

Vsevolod [243]

Answer:

Spread the risk of individual bonds by collectively owning more and less-risky bonds, with higher and lower rates of return

Explanation:

A bond fund is a pooled investment vehicle that invests in various types of bonds. the types of bonds invested in includes cooperate bonds, government bonds and municipal bonds.

The primary objective of bond funds is to generate revenue for investors

Because bond fund is an aggregation of various types of bonds, the risk of the bond fund is lower than the risk of holding any corporate bonds. This is because risks are spread.

4 0

3 years ago

Yellow Press, Inc., buys paper in 1,500-pound rolls for printing. Annual demand is 3 comma 000 3,000 rolls. The cost per roll

GenaCL600 [577]

Answer:

59 orders

Explanation:

For computing the how many rolls should order at a time, first we have to determine the economic order quantity which is shown below:

The computation of the economic order quantity is shown below:

= $\sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}$

where,

Carrying cost = $875 × 20% = $175

And, other items values would remain the same

ow put these values to the above formula

So, the value would be equal to

= $\sqrt{\frac{2\times \text{3,000}\times \text{\$75}}{\text{\$175}}}$

= 50.71 units

Now The number of orders would be equal to

= Annual demand ÷ economic order quantity

= $3,000 ÷ 50.71 units

= 59 orders

7 0

3 years ago

Which is the purpose of a budget?

vodomira [7]

weighing the information needed to make rational decisions

5 0

3 years ago

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