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3 years ago

Which of the following currencies is not/are not a hard currency?* Euro O CHF RMB O CDS GBP Both b and c Both c and d

1 answer:

6 0

Examples of some of the most prominent hard currencies are listed below: The U.S. dollar (USD) The euro (EUR) ... The Australian dollar (AUD)

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Jean says to Joan, "If you'll promise to feed my dog each day while I am out of town next week, I'll pay you $100." Joan replies

blsea [12.9K]

Answer:

When Joan said that she would feed Jean's dog

Explanation:

A verbal contract comes into existence when there is a proposal and the person who receives the offer accepts the conditions. When the offeror and the offeree comes into a verbal agreement (terms and conditions) the speaking acceptance becomes the contract into reality.

3 0

3 years ago

When p = $5, the quantity demanded of a good is 30 units, and the quantity supplied of the good is 50 units. For every $1 decrea

Neporo4naja [7]

Answer: Equilibrium price is $3 and equilibrium quantity is 40 units.

Explanation:

Demand equation is given by,

$Qd= a-bP When P=$5, Qd=30 30 = a – 5b Change in Quantity demanded = Change in a – (b Change in P) 5 = 0 – b(-1) b=5 So, a = 55$

Therefore the demand equation is given by, $Qd= 55 – 5P$

Supply equation is given by

$Qs= c + dP When P=$5, Qs = 50 50 = c + 5d Change in Quantity supplied = Change in c + d(Change in P) -5 = 0 + d(-1) d=5 So, c=25$

Therefore, the supply equation is given by,

$Qs= 25 + 5P$

Equilibrium is given by

$Qd=Qs 55 – 5P= 25 + 5P 30=10P P=$3 And Equilibrium quantity is, Q= 55 – 5(3) = 55 – 15 = 40 units.$

8 0

3 years ago

Creble Company reported net income for 2016 in the amount of $40,000. The company's financial statements also included the follo

WITCHER [35]

Answer:

$36,000

Explanation:

Net Cash = Net Income for 2016 - Accounts Receivable + Decrease in inventory + Depreciation expense - Gain on sale of equipment

=> Net Cash = $40,000 - $ 4,000 + $2,000 + $3,000 - $5,000

=> Net Cash = $36,000

3 0

3 years ago

Select the correct answer.

serious [3.7K]

Answer:

A.true hope this helps sorry if I'm wrong have a wonderful day

7 0

3 years ago

Read 2 more answers

Presented below are the ending balances of accounts for the Kansas Instruments Corporation at December 31, 2021.

dedylja [7]

Solution :

Current Assets

Cash $ 20,000

Accounts receivable $ 1,30,000

Less: Allowance for uncollectible accounts - $ 13,000

Note receivable $ 100,000

Interest receivable $ 3,000

Marketable securities $ 32,000

Raw materials $ 24,000

Work in process $ 42,000

Finished goods $ 89,000

Prepaid Rent(Half of $ 60,000) <u> $ 30,000 </u>

Total current assets $ 4,57,000

Current Liabilities

Deferred revenue ($36,000/2) $ 18,000

Accounts payable $ 1,80,000

Interest payable <u> $ 5000 </u>

Total current liabilities $ 2,03,000

Working capital (4,57,000 - 2,03,000) $ 2,54,000

8 0

3 years ago

Which of the following currencies is not/are not a hard currency?* Euro O CHF RMB O CDS GBP Both b and c Both c and d​

Which of the following currencies is not/are not a hard currency?* Euro O CHF RMB O CDS GBP Both b and c Both c and d