Exchange rates are an effective way to analyze the price of one currency in terms of another currency with the tools of demand and supply.
<h3>What do you mean by exchange rate?</h3>
Exchange rates refer to the value of one's nation's currency over the currency of another nation.
An exchange rate can be fixed or free-floating. A fixed exchange rate is pegged to the value of other currency and a free-floating exchange rate may rise or fall due to changes in the foreign exchange market.
Thus, exchange rates are an effective way to analyze the price of one currency in terms of another currency with the tools of demand and supply.
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Answer:
The amount of Joanna's gross income from these items is $60,000.
Explanation:
Gross income = $60,000
Only the compensation from her employee should be considered here. Since the stock is not sold, its appreciation has no value.
A life insurance proceeds is a tax-free item, therefore not to be included in gross income.
Therefore, The amount of Joanna's gross income from these items is $60,000.
Answer:
A. measures the costs of acquiring or using resources in an organization.
Explanation:
Cost accounting is the procedure by which and organisation records, examines, and summarises any cost on processes or service.
Items that are considered include variable cost, fixed cost, and other expenses related to business operation.
