Answer:
d. changes in the supply of and/or demand for dollars in the global currency market.
Explanation:
Floating exchange rate can be defined as a system in the macro economics or in economic policy where mechanism of the currency price of any country or nation can be determined by the forex market which is based on the supply and the demands relative to some other country's currencies.
In result of the foreign exchange values, the currency value of one country fluctuates.
Thus in the context, the value of dollar of United States changes depending on the changes or exchanges of dollar in the global market of currency.
Using the lower-of-cost-or-market rule, what is the cost of goods sold for Hodges is: C. $989,020.
<h3>Cost of good sold</h3>
Using this formula
Cost of goods sold=Goods available for sale-Inventory balance
Where:
Goods available for sale=$1,074,450
Inventory balance=$85,430
Let plug in the formula
Cost of good sold=$1,074,450-$85,430
Cost of good sold=$989,020
Inconclusion Using the lower-of-cost-or-market rule, what is the cost of goods sold for Hodges is: C. $989,020.
Learn more about Cost of good sold here:brainly.com/question/24561653
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<span><span>
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Right to Safety</span>
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Responsibility of Right to Safety</span>
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Right to Be Informed</span>
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<span>
Responsibility of Right to Be Informed</span>
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Right to Choose</span>
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Responsibility of Right to Choose</span>
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Right to Be Heard</span>
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Responsibility of Right to Be Heard</span>
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Right to Redress</span>
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Responsibility of Right to Redress</span>
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Responsibility of Right to Consumer
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Right to Healthy Environment</span>
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Responsibility of Right to Healthy
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Answer:
$480,000
Explanation:
Data provided as per the question below:-
Net income = $380,000
Depreciation = $70,000
Decrease in accounts receivable = $30,000
The computation of cash provided by operating activities is shown below:-
= Net income + Depreciation + Decrease in accounts receivable
= $380,000 + $70,000 + $30,000
= $480,000
Therefore we applied the above formula.
