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2 years ago

It is important for a government to have a currency that is easily exchanged in world markets because it:

1 answer:

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A country's currency should be easily exchangeable because d. lets you buy and sell goods and services anywhere in the world.

<h3>Importance of international trade </h3>

Allows a country and its people to get richer.
Allows consumers to have access to more goods and services.

Those goods and services need to be able to be purchased regardless of the country one is in. This is why currency needs to be easily exchangeable so as to facilitate this trade.

In conclusion, option D is correct.

Find out more on international trade at brainly.com/question/15115779.

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Who is the Father of accounting

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Luca Pacioli

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Which of these components does a business exclude from its net income under “operating surplus”?

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Depreciation

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interest on loan

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3 years ago

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3 years ago

Three categories of activities (operating, investing, and financing) generate or use the cash flow in a company. In the followin

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Answer:

1. a. A company records a loss of $70,000 on the sale of its outdated inventory. OPERATING ACTIVITY.

Operating activities have to do with the day to day operations of the business.

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This is also a day-to-day operation of the business so it falls under operating activities.

c. DigiIink Printing co. buys new machinery to ramp up its production capacity. INVESTING ACTIVITY.

Investing activities have to do with the purchase and sale of capital assets such as financial assets in other companies or fixed assets. The machinery purchased here is a fixed asset so this will count as an investing activity.

d. Yum Brands distributes dividends to its common stockholders for the first. FINANCING ACTIVITY.

Financing activities have to do with the long term debt and equity of a company and this includes dividends so this falls under her.

2. Cashflow due to financing activities:

Cash Balance second year = Cash Balance first year + Cash Flows From Operating Activities + Cash Flows From Investing Activities + Cash Flows From Financing Activities

280 = 180 + 1,053 - 576 + Financing activities

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2 years ago