How to choose the answer .

Use the information in the chart to calculate the real exchange rate between the U.S. dollar and the Indian rupee. Round to the

JulsSmile [24]

Answer: 52.51 rupees/dollar

Explanation:

The real exchange rate attempts to account inflation in the countries being compared by using prices in the exchange rate.

The formula for calculating it is;

Real exchange rate = Nominal exchange rate *(Price index of domestic country/Price index of foreign country)

Real exchange rate in 2014 = 57*(99.5/108)

= 52.51 rupees/dollar

3 0

3 years ago

10. Which of the following factors should be considered when deciding on a career choice? Select

Keith_Richards [23]

Answer:

Explanation:

A career is a type of occupation that is done during a specific period of time. Careers offer a chance for progress. When choosing a career, one should consider the following factors;

1. Job requirements

One should consider the job requirements of that particular career since these requirements always determine how well one will perform in his/her career. The job requirements to be considered are; education level, level of expertise needed, and the experience.

2. Short-term goals

A short term goal is a set of predetermined achievements that one needs to attain usually in a short time frame. A career is an undertaking that is always long-term and therefor needs long-term goals rather than short-term goals.

3. Skills and interests

A skill is a particular set of capabilities that enables one to perform better at a certain job. Some careers need a specific set of skills that if one cannot develop or acquire, then the career undertaking might prove very difficult. An interest is something that you like. It is always advisable to choose a career that you are interested in, since this gives one the passion to pursue it.

4. Ease of job search

The career that you want to pursue should be one that is marketable. Getting a job for a marketable career is much easier than one that is not as marketable. This helps in avoidance of frustrations of failed job searches.

4 0

3 years ago

Barry is the branch manager of a large toy store. He has been given the responsibility to communicate with, coach, and motivate

laiz [17]

Answer:

Human skills

Explanation:

As the branch manager Barry requires human skills to perform his roles well. The human skills can also be referred to as interpersonal skills. These are those skills that would present Barry's ability to interact, work or relate effectively with people.

Human skills would enable Barry to make use of human potential in the company and also motivate the supervising managers for better results

6 0

3 years ago

Simon graduated from Lessard University last year. He financed his education by working part-time and borrowing $16,000. During

elena55 [62]

Answer:

a.

$1,400

b.

$280

Explanation:

According to Internal Revenue code the interest expense can only be deductible as adjusted gross income deduction, if the qualified education loan is used only for study credit, higher educational expenses like enrollment in the course, cost of books and accommodation cost.

a.

The maximum allowable interest deduction is $2,500.

Amount of Interest paid on the educational loan $1,400

Allowable deduction is Lesser of

maximum allowable interest deduction of $2,500.
Interest Payment on educational loan of $1,400.

b.

Adjusted Gross Income $77,000

Formula

Educational Interest rate = (AGI - $65,000) / $15,000

Placing values in the formula

Educational Interest rate = ($77,000 - $65,000) / $15,000

Educational Interest rate = 1.13 = 0.8%

Allowable interest deduction = [ (lesser of interest deduction or interest payment on the educational loan) x ( 1 - Educational interest rate)

Allowable interest deduction = $1,400 x ( 1 - 0.8 ) = $280

5 0

3 years ago

A calendar year reporting company preparing its annual financial statements should use the phrase "at december 31, 2016" in the

ivolga24 [154]

Financial statements include Income statement, Statement of Owner’s Equity, Balance sheet and Cash flow statement. Statement of Owner’s Equity and Balance sheet are prepared at a particular date at the end of the financial year or period.

Hence, A calendar year reporting company preparing its annual financial statements should use the phrase "at December 31, 2016" in the heading of Statement of Owner’s Equity and Balance sheet.

4 0

3 years ago