Answer:
The point of present perfect (e.g. has witnessed)is that it deemphasizes the time at which the event occured and even the number of times it occured,and emphasizes merely that there was at least one occurrence before the present.
False.
The given statement 'advocates say that fixed exchange rates can help a country deal with economic crises' is False.
A nation's economy suffers through an economic crisis when it abruptly decreases in power, generally due to a financial crisis. A recession, depression, or stagnation may result from an economic crisis.
When some financial assets lose a large part of their face value due to a financial crisis, it is considered a economic crisis. There were many recessions that coincided with bank panics during the 19th and early 20th centuries. Inflation, currency crisis, or financial/banking crisis are some examples of economic crises that slow down economic activity.
To Learn more about economic crises:
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Answer:
$130
Explanation:
The amount of the cash discount allowable is $130.
This is calculated using the following formula:
- (total sales - returned merchandise) x 1%
cash discount allowable = ($18,000 - $5,000) x 1% = $13,000 x 1% = $130
The transportation costs ($1,000) are not included in this calculation.
The type of unemployment that Althea is experiencing is
called the frictional unemployment. Usually this occurs if there is a mismatch
between the employer and the worker. In relation to Althea’s situation, there is
“mismatch” because she prefers to teach at one of the top 10 universities in
her field despite receiving many job offers. In simpler terms, Althea is
looking for a better opportunity on the top 10 universities.
Answer:
Christie's share is $104500 while Jergens share is $48500. Thus, the first option is the correct answer.
Explanation:
The appropriation of net income among the partners will be as follows,
$ $
Net Income $153000
<u>Less: Salary to Partner</u>
Christie (66000)
<u>Less:Interest on Capital</u>
Christie 36000
Jergens <u>46000 (82000)</u>
Remaining Profit 5000
<u>Distribution of Remaining Profit</u>
Christie (5000/2 = 2500) 2500
Jergens (5000/2 =2500) <u>2500</u>
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Christie's Share = 66000 + 36000 + 2500 = $104500
Jergen's share = 46000 + 2500 = $48500