Answer: The price of the basket of goods falls in the U.S. and rises in Taiwan.
Explanation: Exchange rate is the price of a given currency when bought with another another,it is also known as the value of a currency when compared with others such as the United States Dollar. Various factors have been understood to be the cause of the rise and fall of Currency. This will include the value of a country's export and its balance of trade etc
When the price of the basket of goods falls in the United States and rises in Taiwan it will certainly cause the U.S. real exchange rate with TAIWAN to fall.
Answer:
Explanation:
US $ = .2994
Polish Zloty = 3.3406 / US$
US $ = 1.2456
Euro = .8028 / US$
US$ = .0752
Mexican Peso = 13.2998 / US$
US$ = .9660
Swiss Franc = 1.0352 / US$
Us $ = -002071
Chilean Peso = 482.8/US$
US$ = .8080
New Zealand dollar = 1.2376 / US$
US $ = .8004
Singapore dollar = 1.2494/US$
$275 =
<u>Workings</u>
If $ 0.2994 = 3.3406 Polish zloty / US$
Using direct conversion by multiplication
Therefore $275 = 275 * 3,3406
= Polish Zloty 918.67
Answer:
The correct answer is b. In the indirect method statement, the period's depreciation is added to net income because it is a source of cash
Explanation:
Indirect method make adjustment to reconcile the net income to cash. It depends on the account if it is added or subtracted to net income.
We are going to analyze the options
a. The operating section of the indirect method starts with the net income of the period TRUE
b. In the indirect method statement, the period's depreciation is added to net income because it is a source of cash
FALSE, depreciation is not a source of cash
c. Interest payments are included in the operating section of the direct method statement
TRUE
d. The investing section of the direct method statement for a period is identical to the investing section of the indirect method statement for the same period TRUE