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3 years ago

The exchange rate for a stable country

Business

1 answer:

Alona [7]3 years ago

3 0

Answer:

Changes based on supply and demand

Explanation:

The rate at which one currency is exchanged for another currency is known as the exchange rate. The exchange rate explains the relationship between the value of one country's currency and another country's currency.

The exchange rate for a stable country remains the same unless there is changes based on supply and demand.

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Simpson and Homer Corporation acquired an office building on three acres of land for a lump-sum price of $3,350,000. The buildin

Volgvan

Answer:

Building = $1,340,000

Land = $1,675,000

Furniture and fixtures = $335,000

Explanation:

This is an example of Basket Asset Purchase whereby a number of assets purchased as one package.

Initial value of each asset is are determined by the Basket Asset Purchase based on their relative fair market value as follows:

Building = $3,350,000 × [$2,560,000 ÷ ($2,560,000 + $3,200,000 + $640,000)] = $3,350,000 × 0.4 = $1,340,000

Land = $3,350,000 × [$3,200,000 ÷ ($2,560,000 + $3,200,000 + $640,000)] = $3,350,000 × 0.5 = $1,675,000

Furniture and fixtures = $3,350,000 × [$640,000 ÷ ($2,560,000 + $3,200,000 + $640,000)] = $3,350,000 × 0.1 = $335,000

Therefore, the initial values of the building, land, and furniture and fixtures would be $1,340,000, $1,675,000, and $335,000 respectively.

6 0

3 years ago

If a bank receives a $1 million discount loan from the Federal Reserve, then the bank's reserves will:_____.

joja [24]

Answer:

increase by more than $1 million

4 0

3 years ago

Phillips industries runs a small manufacturing operation. for this fiscal year, it expects real net cash flows of $197,000. the

Stolb23 [73]

Answer: Present value of the cash flows of the company is $1,158,824.

Explanation: Philips industries have the cash flow for $197,000. The industry needs to find the present value of the cash flow and the cash flows growth is decreasing every year by 6%.

The present value of the cash flows for perpetuity with decreasing growth rate is:

$Present value = Cash flow for year 1 (C1) / (discount rate - growth)$

where, Cash flow for the year 1 (C1) = $197,000

Discount rate (r) = 11%

Growth rate (g) = -6%

$Present value of the cash flows (PV) = $197000/[0.11 - (-0.060)]$

$Present value of the cash flows (PV) = $197000/0.17$

Present value of the cash flows (PV) = $1,158,824

Therefore the present value of the cash flows of the company is $1,158,824.

8 0

3 years ago

Which of these options for saving money typically offers the most liquidity?

erica [24]

The option for saving money which typically offers the most liquidity is D. a basic savings account.
Liquidity refers to the fact that you can withdraw your money anytime you want.

4 0

3 years ago

In the tiered architecture, the erp application is stored on the ________ tier

MissTica

The erp application is stored on the business logic tier in tiered architecture.

<h3>What is an erp application?</h3>

Also called a Enterprise resource planning software, involves the use of software, technologies and systems to manage and integrate their core business processes.

As the tiered architecture is concerned, the erp application is stored on the business logic tier.