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3 years ago

Which of the following regulates the International Monetary Fund?

Business

1 answer:

Arte-miy333 [17]3 years ago

7 0

Answer:

A. UN

Explanation:

The International Monetary Fund (IMF) is an international organization that aims to promote monetary cooperation, secure financial stability, make international trade easier, increase employment, and reduce poverty. It consists of 190 countries, and its headquarters are located in Washington, D.C. Along with the World Bank, the IMF is a part of the United Nations system. This means that it's regulated by the UN.

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Guay Corp., a start-up company, provided services that were acceptable to its customers and billed those customers for $400,000

andrezito [222]

Answer:

$200,000

Explanation:

Here, in the solution the tax effects are ignored as tax rate is not provided.

Since accrual basis is the acceptable basis, we have:

All the revenues and expenses are to be recognised in the period it belongs to, and not when the actual cash payment is received or made.

Total revenue earned in 2015 = $400,000

Total expense (Wages of employees) for 2015 = $200,000

Therefore, net income for 2015 = $400,000 - $200,000 = $200,000

Note: It is of no relevance that when actual cash was realised from debtors and when actual payment was made to employees.

4 0

3 years ago

Select the correct answer.

mars1129 [50]

Answer:

The correct answer is C) Potential for high growh and dividend payments

Explanation:

When you purchase a stock of a company, you do it because you expect the company to grow and have good financial results. If the company has a good financial statement at the end of the year, it will pay you a dividend, which is the proportion of the company's profits in relation to the number of shares that you possess.

For example, if company ABC earned a $1,000,000 profit in 2019, and you own 1% of shares, the dividend that you would recieve is : $1,000,000 x 1% = $10,000

7 0

3 years ago

Instructions Question: State the usefulness of correction signs. ‌

Anastasy [175]

Answer:

Safety signs and symbols are important safety communicating tools, they help to indicate various hazards that present in plant site or workplace. At the same time, they warn workers to always keep watching out for those hazards by giving required information and safety instructions.

Explanation:

hope this helps you

7 0

3 years ago

If the current exchange rate is 1 euro to 1.5 U.S dollars, according to the theory of purchasing power parity, a haircut that co

STALIN [3.7K]

Answer: (1) 10 euros (2) 15dollars

Explanation:

S= P1 /P2

where:

S= Exchange rate of currency 1 to currency 2

P1 = Cost of good X in currency 1

P2 = Cost of good X in currency 2

(1) s = 1.5, P1 = 15 dollars, P2 = ???

so,

1.5 = 15 / P2

P2 = 15/1.5 = 10 euros

Hence, according to the theory of purchasing power parity,

The price of a haircut that cost 15 dollars in Dallas will be 10 euros in Paris.

(2) S = P1/P2

taking 1 euro to 1.5dollars exchange,

1.5 = P1/P2 but P2 = 10 euros

hence P1 = 1.5 x 10 = 15 dollars.

Hence, according to the theory of purchasing power parity,

A wheel of French cheese that costs 20 euros in Paris should cost 15dollars in Dallas

4 0

3 years ago

Orlin purchases a refrigerator, on credit, from a door to door salesman. Orlin only has a 5th grade education, and the terms of

mote1985 [20]

Answer: the doctrine of unconscionability

Explanation:

The doctrine of unconscionability is a defense that is against enforcing a contract. From the question, we are informed that Orlin bought a refrigerator, on credit, from a salesman and the salesman want him to pay 10 times the worth of the refrigerator.

In this scenario, the contract is deemed to be unfair and also oppressive to Orlin, thus he a find it unconscionable and therefore he can refuse to enforce it. Therefore, if he wants to challenge the contract’s terms, the doctrine of unconscionability will be used.

6 0

3 years ago