Answer:
Our company will recognize the loss on its next statement date.
Explanation:
The exchange rate between two currencies is the rate at which one can be exchanged for the other during trade.
The stronger a currency the less of it will be involved in the exchange, while the weaker the currency the more of it will be required in the exchange.
In this instance the transaction is Euro based. When the payable was incured the rate was $1.2 to €1.
Now the rate has increased to $1,27 per €1. This implies that the company will lose 1.20 - 1.27= -$0.07 per every Euro.
This loss will be recorded on the next statement date.
Answer: $0
Explanation: From the given information, here the SA general partnership will acknowledge $0 increase on the conveyance of these assets , this will be so since the increase is reported at the time of disposal of the asset instead at transfer of the assets. The following dealing will result in a carryover basis.
This basis takes spot under a property transfer, this also events in a transfer of the individual's foundation in the property. Thus it is carried over from one individual to another.
Answer:
B) generally are defined in ways that will strengthen or weaken market demand, competition, and industry profitability in future years.
Explanation:
When you evaluate the driving forces of an industry you must try to understand what causes changes at the industry level. The driving force of something is what gives that something energy and power. Therefore, when we look at a specific industry we must determine what forces are causing that industry to change. For example, green technologies (hybrids, electrical and nitrogen) are currently the driving forces of the automobile industry.
Driving forces materially impact the industry's future, since the current changes will become the industry's standard of the future. For example, in 2007 when the iPhone was introduced it changed the whole cellphone industry, but now all the cellphones are smartphones.
Answer:
Demand
Explanation:
Service systems are available to facilitate the customers. Similarly, service systems are designed in such a way to have enough capacity to assist numerous people. When there is an increase in the demand it leads to demand exceeds capacity, and from here the waiting line problem starts. Only a sudden increase in demand can lead to waiting line issue, and the problem is resolved as soon as demand decreases.