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2 years ago

1. Please select each piece of information needed to calculate a real exchange rate.

Business

1 answer:

Volgvan2 years ago

6 0

We are required to give the informations needed to calculate a real exchange rate.

1. Informations needed to calculate a real exchange rate are nominal exchange rate, domestic price in home currency, and foreign price in foreign currency.

Real exchange rate can be calculated with the formula:

Real exchange rate = (Nominal exchange rate × Domestic price level) ÷ foreign price level

2. A higher real exchange rate implies that the domestic currency is depreciating.

Therefore, real exchange rate depends on nominal exchange rate and price

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Answer:

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Explanation:

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3 years ago

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3 years ago

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Refer to the following lease amortization schedule. The five payments are made annually starting with the beginning of the lease

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Answer and Explanation:

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Payment Payment Interest Balance Balance

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1 $ 8,000 $ 3,460* $ 4,540** $ 26,600

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3 $ 8,000 $ 2,126 $ 5,874 $ 15,386

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3 years ago

Q 9.26: Crawford Trucking plans to dispose of two trucks in 2018. They sell the first truck on January 2 and the second truck on

deff fn [24]

Answer:

Crawford Trucking

Calculation of book value for disposal of two vehicles:

a) The Truck sold on January 2 would not have depreciation expenses computed for it. The book value on January 1 would be the same on January 2. It is not practical to compute depreciation expense for 1 day.

b) The Truck sold on July 9 would have depreciation computed for the year 2018 pro rated for six months. The book value would be less than the Truck sold on January 2.

Explanation:

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3 years ago

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3 years ago