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scoundrel [369]
3 years ago
13

You are an American, working for a US hospital. The hospital sells services to a French hospital. Given a depreciation of the Eu

ro, your French subsidiary (the one that receives the revenues from the French Hospital) received a lesser income last year, although a clause in your contract stipulates adjustment payment in US dollars. Therefore, your subsidiary has a balance sheet loss, although your consolidated global result is positive. This type of foreign exchange risk is known as:
Business
1 answer:
sdas [7]3 years ago
6 0

Answer:

translation exposure

Explanation:

Translation exposure is also known as translation risk. In this type of risk, the value of a company's assets, equities, income, or liabilities change due to changes in the exchange rate,

French subsidiary received a lesser income last year, although payment will be adjusted in US dollars as per the contract.

Due to this, the subsidiary has a balance sheet loss, although the consolidated global result is positive.

This type of foreign exchange risk is known as translation exposure.

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Type the correct answer in the box. Spell all words correctly.
Solnce55 [7]

Answer:

529

Explanation:

A 529 plan is a plan to encourage savings for future education expenses.  The money saved in a 529 plan is not subject to taxation as long as it will be used for education purposes.

Parents, grandparents, or guardians can open 529 savings account for a child, who will be named as the beneficiary.  The contributor of funds to the account may be eligible for a state tax deduction for contributing to a 529 plan. The gains on the accounts are exempt from tax if they are to be used on education expenses.

5 0
2 years ago
You and four other team members attend a seminar on conflict. The seminar costs $150 per person. You will need to drive two cars
Sveta_85 [38]

Answer: $825

Explanation:

Total seminar cost for the team;

= 150 * 5 people

= $750

Two cars need to be driven the 100-mile round trip at 37.5 cents per mile.

= 2 * 100 * 37.5

= 7,500 cents

= $75

Cost of Seminar = 750 + 75 = $825

5 0
2 years ago
Pronghorn Company issues 8,900 shares of restricted stock to its CFO, Mary Tokar, on January 1, 2020. The stock has a fair value
zysi [14]

Explanation:

The Journal entry is given below:-

A 1. On 1 January 2020  

    Unearned compensation Dr,                           $445,000  

             To Common stock (8,900 × $10)                          $89,000

             To Paid-in Capital in Excess of Par -common stock  $3,56,000

(Being the restricted stock is recorded)

2. On 31 December 2021

    Compensation expenses Dr, ($445,000 × 1÷5)    $89,000

                 To Unearned compensation                                           $89,000

(Being the restricted stock is recorded)

B On 25 July 2024

      Common stock                                                      $89,000

       Paid-in Capital in Excess of Par -common stock $356,000

                   To compensation expenses                                          $356,000

                   To  unearned compensation                                          $89,000

(Being the forfeiture is recorded)

7 0
3 years ago
Turrubiates Corporation makes a product that uses a material with the following standards:
mafiozo [28]
Letter B I believe sooooo
3 0
2 years ago
Mass communication is defined as: a. Information transmitted to large segments of the population b. The means of transmission, w
natulia [17]

Answer:

A) Information transmitted to large segments of the population

Explanation:

Mass communication is information transmitted to large segments of the population mainly through mass media outlets (e.g. radio, TV, internet websites, YouTuube, magazines, etc.). Many people confuse mass communication with mass media, but mass communication is the message and mass media is the carrier.  

Culture is defined as the shared values, attitudes, beliefs, and practices that characterize a social group, organization, or institution.

3 0
3 years ago
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