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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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When customers ask merchants to deliver articles to homes with no mention of payment, the buyers imply that they will pay the ma
KIM [24]

Answer:

implied contract.

Explanation:

Based on the information provided within the question it can be said that this is an illustration of an implied contract. This is a type of contract that is implied based on the actions of those involved. Even though this type of contract is usually not spoken or written it is still completely legal and enforceable. Such as the customers asking for the newspapers to be delivered , knowing that they will have to pay for it sooner or later.

6 0
3 years ago
PLEASE HELP ASAP!
Rina8888 [55]

Answer:

1. Steel

2. A Mutual Fund

3. The number of shares of stock sold in a previous day

4. Capital Gains

Explanation:

1. Investment commodities are investments in raw materials or primary goods that are still to be processed such as Agricultural produce and precious metals. Steel falls under this category.

2. A Mutual Fund works by pooling the resources and monies of various people and then investing it in various companies as a single portfolio. This way even though your funds might be little, you can still be able to diversify investments and make a good return.

3. When stock is listed for sale on a particular day, its trading figures for the previous day are listed as well.

4. Capital gain is a way to gain a return when the value of your investment has increased. When you sell that asset at the new price which is higher than the price you bought it, you make a capital gain on the transaction. For instance, R. Taylor bought stock for $100 in 2005 and it is now selling at $900 and Taylor sells it, Taylor now has a capital gain of $800.

5 0
3 years ago
If a company spends $20 million to install new footwear-making equipment with capacity to produce 1 million pairs of athletic fo
labwork [276]

Answer: 10% or $2,000,000

Explanation:

Seeing as no figures were produced, we will have to do this ourselves.

We will make assumptions which include the following,

Life of the equipment = 10 Years

Salvage value = 0

Those are our 2 assumptions.

In that case then,

The Annual Depreciation will be,

Depreciation = (Cost of equipment - Estimated salvage value) / Estimated useful life

= (20 - 0) / 10

= $2 million

Seeing as 2 million is,

= 2/20 * 100

= 10%

That would mean that annual depreciation costs at that facility will rise by $2 million or 10%.

If you need any clarification do react or comment.

3 0
3 years ago
A __ in the money supply will cause interest rates to decrease, which, in turn, causes spending to__
gogolik [260]

Answer:

A <u>increase</u> in the money supply will cause interest rates to decrease, which, in turn, causes spending to <u>increase.</u>

7 0
3 years ago
Read 2 more answers
The following information relates to Sheridan Company for the year 2022.
aliina [53]

Answer:

a. Computation of net income

Particulars                                      Amount

Service revenue                            $52,500

Less: Expenses

Salaries and wages expenses      ($23,520)

Utilities expense                             ($2,600)

Rent expense                                  ($8,740)

Advertising expense                      <u> ($1,510)</u>

Net Income                                      <u>$16,130</u>

<u />

b. Computation of comprehensive income statement

Particulars                                            Amount

Net Income                                           $16,130

Add: Other Comprehensive Income  <u> $380    </u>

Comprehensive Income                      <u>$16,470</u>

Note: Dividend will not be included as it forms part of Income statement

5 0
3 years ago
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