1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
aleksley [76]
3 years ago
8

International businesses with markets and production facilities in other countries, or that use materials from different countri

es need to understand the ways and rates at which currency is converted.
a. True
b. False
Business
1 answer:
lilavasa [31]3 years ago
7 0

Answer: True

Explanation:

International businesses that has its markets and its production facilities in other countries, or a business that uses resources from other countries should understand the exchange rate system and how it works.

Different policies are pursued by the government and there's no universal exchange rate system, therefore it's vital for businesses to look at the foreign markets and their currency conversion.

You might be interested in
stimulating demand. creating awareness. identifying prospects. combating competitive promotional efforts. retaining loyal custom
KonstantinChe [14]

competitive promotional efforts. retaining loyal customers.

<h3>What is promotional efforts?</h3>

Any effort made by a company to communicate with potential customers is considered a promotional activity. Promotional activities serve two primary functions. These are intended to: Customers should be informed about your store's products, prices, and services. Persuade customers to buy your products.

The most common type of marketing is product and service promotion. Advertising - You can advertise your product, service, or brand in newspapers, radio, television, magazines, outdoor signage, and online.

Promotional materials, events, or ideas are intended to increase product or service sales.

The most important function of a promotion is to distinguish a company from its competitors. If there was no competition, no business would ever need to run promotions.

To know more about promotional efforts follow the link:

brainly.com/question/28113237

#SPJ4

6 0
2 years ago
A laissez faire economic policy would _____.
Dima020 [189]
B- allow the economy fix itself. laissez-faire means to let free or to let be
5 0
3 years ago
Read 2 more answers
A government budget surplus from reduced government spending​ (no change in net​ taxes) will​ ________ the level of investment i
miss Akunina [59]

Answer:

Increase; Increase

Explanation:

A government budget surplus from reduced government spending​ (no change in net​ taxes) will​ increase the level of investment in the economy and​ increase the level of total saving​ (private plus​ public) in the economy

6 0
3 years ago
Read 2 more answers
Hayes Bakery has sales of $30,600, costs of $15,350, an addition to retained earnings of $4,221, dividends paid of $469, interes
scZoUnD [109]

Answer:

$8,013

Explanation:

The computation of the amount of the depreciation expense is shown below:

The net income is

= An addition to retained earnings + cash dividend paid

= $4,221 + $469

= $4,690

Now the earning before tax

= (Net income) ÷ (1 - tax rate)

= ($4,690) ÷(1 - 0.21)

= $5,937

Now the earning before tax and interest is

= $5,937 + $1,300

= $7,237

So, the depreciation expense is

= $30,600 - $15,350 - $7,237

= $8,013

8 0
3 years ago
Walton Company has provided the following 2018 data:
timurjin [86]

Answer:

Walton Company

Income Statement

                                   Actual                Budgeted            Variances

Sales                          510,400                 $ 519,000              8,600 U

Variable product costs    183400             188,000                 4,600 F        

Variable selling expense   48100              46,000                  2,100 U

Other variable expenses  5100                  3,300                  1,800 U

Contribution Margin      273,800              281,700              7,900 unfav

Fixed product costs   15460                       15,700                  240 F

Fixed selling expense   22920                   23,400                 480 F

Operating Income      235420                    242,600          7,180  unfav

Other fixed expenses   1460                       1,300                 160 U

Interest expense            710                          800                   90 F      

Net income                 233,250                  240,500           7,250 unfav

We calculate the actual amounts from the budgeted amount by adding the variances when they are unfavorable and subtracting them when they are favorable . But in case of sales this is reversed. The actual sales are calculated by   subtracting unfavorable variance from budgeted sales.

The fav amounts are subtracted from the unfav amounts to get the results .

8,600 u + ( 4,600)F + 2,100 U +1,800= 7,900 unfav

                               

3 0
3 years ago
Other questions:
  • Suppose that a firm produces 10 units of output. Its Average Variable Cost (AVC) = $25, Average Fixed Cost (AFC) = $5, and Margi
    6·1 answer
  • Your firm needs a machine which costs $260,000, and requires $47,000 in maintenance for each year of its 10 year life. After 5 y
    10·1 answer
  • What are causes of ethical issues in business?
    10·2 answers
  • Which statement is false? 1 land is the primary factor of production used in the production of all goods and services. 2 an entr
    14·1 answer
  • On December 31, 2020, Vitners Company had outstanding 400,000 shares of common stock and 40,000 shares of 8% cumulative preferre
    14·1 answer
  • The defect rate for your product has historically been about 2.00​%.
    6·1 answer
  • Tobin inherited 100 acres of land on the death of his father in 2019. A Federal estate tax return was filed and the land was val
    7·1 answer
  • where cost is in dollars and time is in minutes. The cost of driving an automobile is $5.50 with a travel time of 21 minutes, wh
    15·2 answers
  • Explain how planning involves making decisions today that will have an impact later.
    7·2 answers
  • Which speaker is most likely to make high-risk investments?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!