Answer:
the supply of dollars is likely to exceed the demand in the foreign exchange market, ceteris paribus.
Explanation:
A deficit can be defined as an amount by which money, falls short of its expected value.
In Financial accounting, deficit is usually as a result of revenue falling below expenses or expense exceeding revenue at a specific period of time.
For instance, if in a country liabilities exceeds assets or import exceeds export there would be a deficit in the financial account of the country.
This is simply as a result of a country having to import more goods and services than it is exporting to other countries in trade.
Generally, a deficit on the current account is because the value of goods and services exported is lower than the value of goods and services being imported in a particular country.
If the United States imports more than it exports, then the supply of dollars is likely to exceed the demand in the foreign exchange market, ceteris paribus (all things being equal) because it is not selling its goods and services to other countries.
Answer:
B) $15,000
Explanation:
Even though the leasehold improvements have an estimated useful life of 10 years, Ames should amortize them in 8 years since they are not certain about renewing the lease contract.
amortization per year = $120,000 / 8 = $15,000
Since Ames has only leased the office for one year, then the accumulated amortization should be $15,000
Answer:
1. $8,000
2. $20,000
3. $16,000
Explanation:
The computation is shown below using the double-declining balance method:
First we have to find the depreciation rate which is shown below:
= One ÷ useful life
= 1 ÷ 6
= 0.16667
Now the rate is double So, 0.3333%
In year 1, the original cost is $36,000, so the depreciation is $12,000 after applying the 33.33% depreciation rate
And, in year 2, the ($36,000 - $12,000) × 33.33% = $8,000
1. So the depreciation expense is $8,000
2. Accumulated depreciation is
= $12,000 + $8,000
= $20,000
3. And, the book value is
= $36,000 - $20,000
= $16,000
1.Retaining costumers
2.product development
3.Cash management
Answer:
true
Explanation:
Price discrimination is when the same product is sold at different prices to customers in different markets
types of price discrimination
1. first degree price discrimination : here sellers charge each consumer at their willingness to pay in order to eliminate consumer surplus.
2. second degree price discrimination : here firms offer different prices depending on the quantity purchased. e.g. giving discounts for bulk purchases.
3, third degree price discrimination : firms charge different prices to different groups of customers. e.g. having a certain price for senior citizens, students
If a company charges different prices to different groups, they would be charging at prices customers would be willing to pay
