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3 years ago

How does a fixed exchange rate set the value for a currency?

Business

1 answer:

olasank [31]3 years ago

3 0

Answer:

A. By setting it at a specific value based on another currency

Explanation:

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Frequently, project managers lack legitimate power based upon position and instead resort to persuading others based upon person

love history [14]

Answer:

B. referent power is the correct answer.

Explanation:

Referent power is the capability of a leader who has the power to influence and motivate followers.

Referent power is power gained by those individuals who have influential and effective interpersonal relationships abilities.

The advantage of referent power is that the referent leader has the ability to motivate and inspire the workers to be dedicated to their works.

5 0

2 years ago

Instruments had retained earnings of $ 390 comma 000 at December 31, 2017. Net income for 2018 totaled $ 220 comma 000, and di

VashaNatasha [74]

Answer:

The retained earnings should Quartz report at December 31, 2018 is $570,000

Explanation:

In this question, we apply the retained earnings equation which is shown below:

Ending retained earnings balance = Beginning retained earning balance + net income - dividend paid

= $390,000 + $220,000 - $40,000

= $570,000

The net income should be added while dividend should be deducted for finding out the ending retained earnings balance

3 0

3 years ago

1. On December 31st, 2012, Bingo Corp. borrowed $50,000 from a bank. Half of the loan was to be repaid in 2013, and the other ha

olga2289 [7]

Answer:

undervalued assets an liabilities by 50,000

Explanation:

The financial statement for the fiscal year ended on December 31th, 2012

will have the following mistake:

Liabilities are undervalued by 50,000

Cash wll be undervalued by 50,000

As the note payable is not recorded neither the cash receipts from the loan.

Because this transaction is missing, we are not doing a correct representation of reality. This account will be undervalued.

4 0

3 years ago

Jabari Manufacturing, a widgets manufacturing company, divides its production operations into three processeslong - Department

lora16 [44]

Answer:

Cost per unit of widget produced = $6.52

Explanation:

As for the provided information:

Total units produced = 4,600 units

Total cost of production = costs for Department 1 + Department 2 + Department 3

= $18,000 + $8,000 + $4,000 = $30,000

It does not matter how many units are sold as the cost of sales will include, selling and administrative cost also.

Therefore, all the cost will be considered.

Thus total cost of production = $30,000 for 4,600 units.

Cost per unit of widget = $\frac{30,000}{4,600} = 6.52$

5 0

3 years ago

Chez Dove is an independent coffeehouse/bookstore that went bankrupt only eight months after opening due to an unexpected demand

emmainna [20.7K]

Answer:

Management

Explanation:

Better cash management ensures survival of any firm if well handled and managed.

A Cash Management Strategy includes the use of Banks, Saving & Loan Associations, Credit Unions, and other financial institutions provide a variety of financial services or the use of Account services provide customers with online banking offering deposits, investments, credit cards, loans, mortgages, rewards programs and others.

Effective Cash Management Rules involves: balancing your checkbook regularly and Pay your bills on time

And others.

3 0

2 years ago