Answer:
sell pounds for dollars in the foreign exchange market and the Bank of England should sell pounds for dollars in the foreign exchange market.
Explanation:
The Federal Reserve System ( popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by the U.S Congress on the 23rd of December, 1913. The Fed began operations in 1914 and just like all central banks, the Federal Reserve is a United States government agency.
Generally, it comprises of twelve (12) Federal Reserve Bank regionally across the United States of America.
Depreciation can be defined as the reduction of cost of a fixed asset systematically until the value of the asset becomes zero.
A foreign exchange market can be defined as type of market in which the currency of one country is converted into that of another country.
For example, the conversion of dollars of the United States of America can be converted into Pounds (British) at the foreign exchange market.
Hence, to force the value of the British pound to depreciate against the dollar, the Federal Reserve should sell pounds for dollars in the foreign exchange market and the Bank of England should sell pounds for dollars in the foreign exchange market.
Answer:
$101,000
Provided
Opening Material = $55,000
Add: Raw Material Purchases = $93,000
Less: Closing Material = ($47,000)
Net Direct Material Cost = $101,000
Note: This further cost provided of Manufacturing overheads is not to be considered as this is not material cost, and cost of overheads.
Answer: A. Target Market
Explanation: A target market refers to a pool of potential Individuals, group or consumers which a company has identified as being the most likely to purchase it's product. The target market may be individuals or groups belonging to the same age group, sex, occupation, hobby, education, location, race, skin color or even weight. Identifying a target market enables companies prepare a marketing plan centered around its potential consumers. Failure to identify a target market could be devastating for business growth.
Answer:
See below
Explanation:
Specialization means a company or country concentrating on producing few commodities. In practice, a state or company will focus on the products it can produce more efficiently. It means focusing on goods they can manufacture at a lower cost compared to other countries.
The USA can specialize in the goods and services it can produce at a lower cost than other nations. It can then export these products to other countries at competitive prices. For products that are costly to manufacture in the USA, it is prudent to import them from countries that can produce them at lower costs.
Some products manufactured in other countries at a lower cost may be sold in the USA at fair prices than when produced in the USA.
Answer:
The ROI is 2
Explanation:
For computing the ROI we have to apply the formula which is shown below:
= Return in terms of benefit ÷ investment
where,
Return is in terms of sales which equals to $20,000
And, the investment equals to
= New color cost + video launching cost
= $5,000 + $5,000
= $10,000
Now put these values to the above formula
So, the answer would be equal to
= $20,000 ÷ $10,000
= 2