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Novay_Z [31]
3 years ago
10

French and German farmers wanting to buy equipment from an American manufacturer based in the U.S. will be: A) Demanding dollars

and also demanding euros in the foreign exchange market B) Supplying dollars and demanding euros in the foreign exchange market C) Supplying euros and demanding dollars in the foreign exchange market D) Supplying dollars and also supplying euros in the foreign exchange market
Business
1 answer:
shepuryov [24]3 years ago
6 0

Answer:

C) Supplying euros and demanding dollars in the foreign exchange market.

Explanation:

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 naira (Nigeria) at the foreign exchange market.

Hence, French and German farmers wanting to buy equipment from an American manufacturer based in the U.S. will be supplying euros and demanding dollars in the foreign exchange market because the medium of exchange (legal tender) in France and Germany is the "Euros" while it is "Dollars" in the United States of America.

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All of the following factors should be assessed to determine an organization’s ability to perform projects EXCEPT: ​ a. Do we mo
wolverine [178]

Answer:

C.

Explanation:

Do teams and individuals follow instructions well?

All the projects in an organization are based in team work, and need to be thinking as a team that reacts to a external environment.  So, this exclude answers A, B and D.

4 0
3 years ago
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What are currency exchange rates based on..
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Regarding the four-step closing process under the periodic inventory​ system, ________. A. Sales Revenue is closed with a credit
ziro4ka [17]

Answer:

The correct answer is D. the ending merchandise inventory balance must be recorded as a debit via the Income Summary account

Explanation:

In the permanent inventory system, all purchases, sales, discounts and returns on purchases and sales are recorded at cost, in the account Goods not Manufactured by the Company. Thus: Purchases: the acquisition of merchandise is accounted for with a debit in the Merchandise not Manufactured by the Company account and a credit in Banks or Suppliers, as the case may be.

The initial inventory represents the value of the stock of merchandise on the date the accounting period began. This account is opened when the control of the inventories, in the Major General, is carried out based on the speculative method, and does not return to movement until the end of the accounting period when it will be closed with charge at cost of sales or by Profit and Loss directly. And it is the detailed and detailed relationship of the stock of merchandise that a company has when starting its activities, after making a physical count.

The final inventory is made at the end of the accounting period and corresponds to the physical inventory of the merchandise of the company and its corresponding valuation. By relating this inventory to the initial one, with the net purchases and sales of the period, you will obtain the Gross Profits or Losses in Sales of that period. is the list of stocks at the end of an accounting period.

6 0
3 years ago
You have agreed to paint your neighbor's house a lovely shade of chartreuse for $1500 and discover much to your dismay that the
Maslowich

Answer:

fixed price contract

Explanation:

Based on the information provided within the question it can be said that the neighbor most likely transferred risk with a fixed price contract. This refers to a contract that whose price is fixed at a set amount which does not depend on resources or time spent to complete the contract. Therefore it does not matter how much time or money the painter has to spend on tools, he must complete by the terms of the contract for the $1500 that were agreed upon.

4 0
3 years ago
Alex’s business is experiencing diminishing market shares and no longer needs any external finance. In fact, it is trying to buy
sdas [7]

Answer:

decline stage

Explanation:

In this stage the company has already took the benefits of issuing stocks as a way of funding. Had managed to make great investments, alliances, projects, that lead to a powerful market position. Then, having their stocks shared with lots of stakeholders is more a burden than a blessing. For this reason, they prefer to consolidate the control of the company as they don’t see valuable opportunities in the future market scenarios.

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3 years ago
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