A currency system with a floating exchange rate allows the value of a currency to be determined by market forces of supply and demand, providing flexibility and continuous adjustment.
A currency system that allows the exchange rate to be determined by supply and demand is called a floating exchange rate system. In this system, the value of a currency relative to other currencies fluctuates based on market forces, such as the demand for and supply of the currency in the foreign exchange market.
The exchange rate adjusts continuously as buyers and sellers trade currencies, reflecting changes in economic conditions, interest rates, trade balances, and other factors that influence the demand and supply of currencies. Floating exchange rates are widely used in the global financial system and offer flexibility for countries to adjust their exchange rates in response to economic conditions.
Therefore, A currency system with a floating exchange rate allows the value of a currency to be determined by market forces of supply and demand, providing flexibility and continuous adjustment.
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Property Mortgage Insurance is an insurance cost the bank charges if which of the following circumstances is true? A. You are borrowing over 80% of the worth of your home. B. You are only borrowing against the total equity of your home. C. You are borrowing 20% of the worth of your home. D. You are borrowing 40% of the worth of your home. 4
Answer:
C. is the correct answer
which of the following is the best use for an emergency fund
Answer:
Replace an appliance that breaks unexpectedly.
Answer:
Replace an appliance that breaks unexpectedly.
Explanation:
which of the following is not a product cost under variable costing?
Present an overview of the digital marketing landscape and compare online and offline marketing concepts.
Answer:
I'm not sure sorry....
Explanation:
☹️
Digital marketing is the umbrella term for all advertising delivered through electronic devices. When people hear digital marketing, it’s true that most identify it with channels such as email, social media, website, and search engines; basically, anything connected to the Internet via your smartphone, tablet, laptop, or PC. However, digital marketing can occur both online and offline.
Team players are sought-after employees
True
False
Answer:
true,
Explanation:
During the _________ phase of the business cycle, government expenditures tend to ____ and tax revenue tends to fall.
The business cycle is marked by increased government expenditures and falling tax revenues, as governments attempt to address the negative economic impacts and restore growth.
During the contraction phase of the business cycle, government expenditures tend to increase and tax revenue tends to fall. This occurs as a response to decreased economic activity and slower growth, which can lead to job losses and reduced consumer spending. Governments often implement expansionary fiscal policies in an effort to stimulate growth and stabilize the economy during this phase. These policies may include increasing public spending on infrastructure, social programs, or other initiatives to create jobs and boost demand. As tax revenue falls due to reduced economic activity, governments may face budget deficits, which can prompt them to borrow money or implement other measures to balance their budgets. Additionally, during a contraction, automatic stabilizers such as unemployment benefits and social welfare programs naturally increase, as more people become eligible for assistance. These stabilizers help to cushion the impact of the economic downturn on households and prevent a more severe recession. Overall, the contraction phase of the business cycle is marked by increased government expenditures and falling tax revenues, as governments attempt to address the negative economic impacts and restore growth. Maintaining a balanced approach to fiscal policy during this phase is essential for achieving economic stability and fostering long-term growth.
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Covid-19’s effect on venue policies and consumer behavior has waned, and nfl attendance figures show it. How much has per-game attendance increased year-over-year?.
If 2020 was the NFL's pandemic season and 2021 was the NFL's post-pandemic season, then 2022 is exactly what everyone had hoped for all along: a season without a pandemic.
The impact of Covid-19 on venue policies and customer behavior has lessened, as evidenced by NFL attendance data. How much has attendance per game increased year over year?According to an SBJ review of publicly available attendance data in box scores, COVID-19's influence on venue policies and customer behavior has waned. Per-game attendance in the NFL is up 4% year over year, and the league is on track to completely reverse a multiyear downturn that began in 2017.
Through exactly half of the NFL's 272 regular-season games, which ended on November 3, the average NFL game drew 69,615 fans — a 2,694-fan increase year over year. If that average continues through Week 18, it will be highest per-game average since at least 2004, since Sports Business Journal, a sister newspaper, began tracking the data.
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1. Define business organisation 2. write short notes on the following a. sole proprietorship b. Population - census
Answer:
A business organization is an entity or firm that is formed to carry out commercial activities
A sole proprietorship is a business organization or entity owned by an individual only.
Population census is the official counting of a particular number of people living in a particular territory, region or country at a particular time for socio-economic, demographic, political purposes.
Assume April was the month of the highest level of production, and August was the month of the lowest level of production. There were 2,000 units produced at a cost of $10,000 in April, and 1,000 units producd at a cost of $8,000 in August. Calculate the variable cost per unit using the high-low method. Select one: a. $1.75 b. $2.00 c. $4.00 d. $3.00
To calculate the variable cost per unit using the high-low method, we need to determine the variable cost component of the total cost and then divide it by the number of units produced.
The high-low method involves taking the difference in cost and production between the highest and lowest months and using that information to determine the variable cost per unit. Given: Highest month (April): Units produced = 2,000, Total cost = $10,000; Lowest month (August): Units produced = 1,000, Total cost = $8,000
To find the variable cost per unit, we need to calculate the difference in cost and production between the two months: Change in cost = $10,000 - $8,000 = $2,000; Change in production = 2,000 - 1,000 = 1,000 units. Variable cost per unit = Change in cost / Change in production. Variable cost per unit = $2,000 / 1,000 units. Variable cost per unit = $2.00
Therefore, the variable cost per unit using the high-low method is $2.00. The correct answer is option b. $2.00.
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15. (03.03 MC)
Tasha has two credit cards with low balances. She uses them for groceries and entertainment and pays them off in full when they are due each month. What could be
future consequence of this behavior? (5 points)
An increased interest rate
A higher credit score
Loss of credit
More interest
Answer:
B. A higher credit score
Explanation:
I took the test!
The correct option is B). A higher credit score
What does higher credit score mean?A higher credit score mean you have demonstrated a good credit behavior in the past.
It may make lenders and creditors more confident when evaluating a request for credit.
Normally, credit scores above 700 are considered good.
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what are practical examples of business opportunities
teradene corporation purchased land as a factory site and contracted with maxtor construction to construct a factory. teradene made the following expenditures related to the acquisition of the land, building, and equipment for the factory: purchase price of the land $ 1,220,000 demolition and removal of old building 82,000 clearing and grading the land before construction 160,000 various closing costs in connection with acquiring the land 44,000 architect's fee for the plans for the new building 52,000 payments to maxtor for building construction 3,270,000 equipment purchased 870,000 freight charges on equipment 34,000 trees, plants, and other landscaping 47,000 installation of a sprinkler system for the landscaping 5,200 cost to build special platforms and install wiring for the equipment 14,000 cost of trial runs to ensure proper installation of the equipment 7,200 fire and theft insurance on the factory for the first year of use 26,000 in addition to the above expenditures, teradene purchased four forklifts from caterpillar. in payment, teradene paid $18,000 cash and signed a noninterest-bearing note requiring the payment of $72,000 in one year. an interest rate of 7% properly reflects the time value of money for this type of loan. required: determine the amount teradene would record for each of the assets acquired in the above transactions. note: use tables, excel, or a financial calculator. round your final answers to the nearest whole dollar. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1)
Teradene Corporation's recorded amounts for assets acquired: Land $1,264,000, Building $3,611,200, Equipment $904,000, Landscaping $52,200, Forklifts $84,667.
To determine the amount that Teradene Corporation would record for each asset acquired in the transactions, we need to calculate the total cost of each asset by adding up all the expenditures related to its acquisition.
Land: Purchase price of the land ($1,220,000) + Various closing costs ($44,000) = $1,264,000
Building: Payments to Maxtor for building construction ($3,270,000) + Architect's fee for the plans ($52,000) + Demolition and removal of old building ($82,000) + Clearing and grading the land before construction ($160,000) + Cost to build special platforms and install wiring for the equipment ($14,000) + Cost of trial runs to ensure proper installation of the equipment ($7,200) + Fire and theft insurance on the factory for the first year of use ($26,000) = $3,611,200
Equipment: Equipment purchased ($870,000) + Freight charges on equipment ($34,000) = $904,000
Landscaping: Trees, plants, and other landscaping ($47,000) + Installation of a sprinkler system for the landscaping ($5,200) = $52,200
Forklifts: Cash payment ($18,000) + Present value of the note ($66,667) = $84,667
To calculate the present value of the note, we can use the Present Value of an Annuity Due (PVAD) formula, which takes into account the fact that the payments are made at the beginning of each period:
PVAD = PMT x ((1 - (1 / (1 + r)n)) / r) x (1 + r)
where PMT is the payment amount, r is the interest rate, n is the number of periods.
In this case, PMT = $24,000 ($72,000 / 3), r = 7%, and n = 3 (since there are three payments: one at the end of year 1, one at the end of year 2, and one at the end of year 3).
PVAD = $24,000 x ((1 - (1 / (1 + 7%)^3)) / 7%) x (1 + 7%) = $66,667
Therefore, Teradene Corporation would record the following amounts for each asset:
Land: $1,264,000
Building: $3,611,200
Equipment: $904,000
Landscaping: $52,200
Forklifts: $84,667
It's important to note that these amounts represent the historical cost of the assets, and they may not reflect their current market value or their value to the company. Additionally, some of these costs may be subject to depreciation over time, which would reduce their book value.
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What is Trader Joe's ticker symbol?
Nevertheless, as Trader Joe's has been a privately held corporation since it was established in 1967 by Joe Coulombe, investors shouldn't bother looking up the ticker symbol for the company.
Trader Joe's has grown to be one of the most well-known grocery store chains in America and has a devoted following of customers thanks to its eclectic selection of items, welcoming environment, and affordable prices compared to the quality of its products. The business has more than 500 locations across 42 states and the District of Columbia. The majority of people would be ecstatic to invest in a business of this stature. Nevertheless, as Trader Joe's has been a privately held corporation since it was established in 1967 by Joe Coulombe, investors shouldn't bother looking up the ticker symbol for the company. In the Greater Los Angeles region, the business got its start in 1958 as a chain of convenience stores. In 1967, the first store under the Trader Joe's name debuted in Pasadena, California. In 1987, John Shields took over as the company's CEO in place of Joe Coulombe. The business significantly increased its reach under Shields' direction, opening locations in Arizona and the Pacific Northwest. The business grew by entering the East Coast in 1996.
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Your company has sent you an email telling you your department must increase the daily output goal of 120 widgets per hour, to 126 widgets per hour. Everyone on your team recognizes more efficient production will lead to more profit for the company, and a higher chance for a raise for each of them. As usual, you will hold a brief meeting explaining the new directive and provide the deadline as to when this new daily production goal must be met with regularity. The meeting ends after a couple of clarifying questions and answers, and you and your employees get back to work on meeting the deadline for the new goal. What management theory best describes the management style of this company? What leadership style will you employ to get the required increase in production of widgets your company requested? Why is this leadership style the best fit for this scenario?
Answer:
Participative Leadership style.
Explanation:
Participative leadership, also known as democratic leadership, is one in which the leader has the central focus of employee engagement and participation in important company decisions. In this style of leadership, the manager has a crucial role of being the main motivator and advisor of the team, being solicitous to guide, coordinate and assist his subordinates in all their work demands, so that the goals and organizational goals are achieved.
This style of participatory leadership would be more appropriate for this scenario as there are deadlines for completing tasks, which requires a motivated and productive team, which is essential in participatory leadership.
The motivation of employees is achieved due to clear and guiding communication from the leader, which creates the perception of inclusion and appreciation of the employee, who feels an essential and important part of the organization.
Which are barriers to entry in both monopolies and oligopolies?
Ownership and control of raw materials
Patents
Preemptive pricing
Large capital investment
The right response is that entry obstacles like ownership and control of raw materials, patents, and significant financial investments can exist in both oligopolies and monopolies.
Raw material ownership and control: In some sectors, a single company may own or control a sizable share of the raw materials required to make a product. Because they might not have access to the resources they need to compete successfully, this might make it difficult for new businesses to enter the market.
Patents: Companies that have been granted patents for novel goods or methods may temporarily monopolise their manufacture and distribution. Competitors may find it difficult to enter the market if they can't make a comparable product without violating the patent because of this.Substantial capital investment: To join the market and effectively compete, several sectors demand significant upfront capital investments.
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If average annual income for all workers is $37,000 and a person with a bachelor’s degree can expect to earn 32 percent more than average, what is the average annual income for persons holding bachelor’s degrees (round to the nearest thousand)?
Answer:
$48,840.00
Explanation:
If the average income is $37,000
A graduate expects to earn 32% above average.
The graduate will earn $37,000 +( 32% of $37,000)
=$37,000 +(32/100 + 37,000)
=$37,000 + $11,840.00
= $48,840.00
Answer:
49000
Explanation:
(source) TRUST ME
im being serious tho it is 49000
The three elements of the marketing concept are __________.
a. Market share, customer needs, marketing mix
b. Customer needs, company goals, profits
c. Channel management, customer needs, profits
d. Planning, target market, social media marketing
Answer:
B. Customer needs, company goals, profits
Explanation:
What forms of business ownership, which is relatively easy and inexpensive to form?
The most common forms of business ownership are sole proprietorship, partnership, limited liability company (LLC), and corporation.
A sole proprietorship is the simplest form of business ownership. It is owned by a single person who is responsible for all aspects of the business. This type of ownership is easy to form, as it doesn't require any legal filings or registrations.
A partnership is a business owned by two or more people who share the profits and losses. There are two types of partnerships: general partnership and limited partnership.
An LLC is a business structure that combines the simplicity of a partnership with the liability protection of a corporation. It is owned by one or more members, who are not personally liable for the LLC's debts and obligations.
A corporation is a legal entity that is separate from its owners. It is owned by shareholders, who elect a board of directors to manage the business. Unlike a sole proprietorship or partnership, the owners of a corporation are not personally liable for the corporation's debts and obligations.
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What is the reason for using progressive taxes on income?
A) Lower-income individuals have a lower cost of living and can afford to pay more in taxes.
B) Higher-income individuals are more likely to spend their income on consumption of goods, and paying more taxes discourages spending.
C) Higher-income individuals are more likely to afford their standard of living and can afford to pay more in taxes.
D) Individuals of all incomes pay the same percentage of their income toward the tax, making it a fair tax.
The reason for the progressive tax is because the Higher-income individuals can afford a good standard of living and can pay more in taxes.
What is a progressive tax?This is a type of tax imposed based on a taxpayer's ability to pay, that is, the higher the income. the higher the taxrate applicable to the taxpayer's income.
The reason for progressive tax is that a tax would be a disproportionate burden for people with low incomes.
Therefpre, the Option C is correct.
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Using the following Balance Sheet summary information, for the two years presented calculate the working capital for 2018 and 2019 respectively:Current Assets 12/31/2018 is $101,600/ 12/31/2019 is $97,350current liabilities 12/31/2018 is $33,650/ 12/31/2019 is $32,800a. $33,650, $32,350 b. $67,950, $64,550 c. $4,250, $850 d. $101,600, $97,350
By using Balance Sheet summary information, for the two years presented the working capital for 2018 and 2019 respectively is :
a). $33,650 , $32,350
Working capital is the difference between current assets and current liabilities.
For 2018: Working Capital = Current Assets - Current Liabilities = $101,600 - $33,650 = $67,950
For 2019: Working Capital = Current Assets - Current Liabilities = $97,350 - $32,800 = $64,550
Therefore, the correct answer is option a) $33,650, $32,350.
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what things should be considered while running a business?
Answer:
-::Bussiness ii Dea
-::CusTomers
-::Competition
-::LocaTiion
-::CompeTiTiion
-::STaff
-::sTarT up CosT
CapiiTaL and Fiinance
Explanation:
-::The firsT Thiing as First-Your CusTomer.Yes,they are mosT imporTanT parT of Your entrepreneurial Life,and TheY are The Person who WiLL TeLL You WhT You need To do FoR Them.That's The basic FormuLa To Succes.
-::SuppLiiers-iidenTify PotenTiaL SuppLiiers needed To Produce The Service or Goods You WanT To SeLL.
-::After considering all the capital and expense requirement, before you start operating, make sure you have the registrations needed to legalize your business.
Which figure (amount) should be larger?
A. Expenses
B. income
C. Extras
D. Needs
A salaried employee receives an annual salary of $40,000. There are 26 pay
periods during the year. During the current pay period, she receives a bonus of
$200. What is her gross pay for this pay period?
A. $1,338.46
B. $1,738.46
C. $1,538.46
D. $1,938.46
Answer:
B. $1,738.46
Explanation:
Gross pay is the regular pay plus bonuses, allowances, and commissions.
In this case, the regular pay will be $40,000 divide by 26 pay periods.
=$40,000/ 26
=$1,538. 46
Gross pay = $1,538. 46 + $200 bonus
=$1,738. 46
Use the information provided below to calculate the Internal Rate of Return (expressed to two decimal places) using interpolation. INFORMATION A machine with a purchase price of R1 200 000 is estimated to eliminate manual operations by R400 000 per year. The machine is expected to have a useful life of four years.
To calculate the Internal Rate of Return (IRR) using interpolation, we need to determine the discount rate at which the net present value (NPV) of the machine's cash flows is zero.
In this case, the machine has a purchase price of R1,200,000 and is estimated to eliminate manual operations by R400,000 per year for a useful life of four years. To calculate the IRR, we need to find the discount rate that makes the NPV of the cash flows equal to zero. Let's set up the equation for NPV: NPV = -Initial Investment + (Cash Flow / (1 + r)^1) + (Cash Flow / (1 + r)^2) + (Cash Flow / (1 + r)^3) + (Cash Flow / (1 + r)^4) Where: Initial Investment = R1,200,000 (negative because it's an outflow) Cash Flow = R400,000 (positive because it's an inflow) r = discount rate (unknown) Now, we need to find the discount rate (r) at which the NPV equals zero. We can use interpolation to approximate the IRR. By trying different discount rates, we can find two rates at which the NPV switches signs (one negative, one positive).
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how do i get my month gross wage ? CATEGORY ITEM AMOUNT
INCOME Annual Gross Wage $18,080
Monthly Gross Wage
Net Wage (monthly) $1,925
Answer:
$1506.67
Explanation:
monthly gross wage = annual gross wage / 12
18080 / 12 = 1506.67
(35)For each of the following, compute the future value (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16)):Present Value Years Interest Rate Future Value$2,450 10 14 % $ 9,152 8 8 80,355 15 13 187,796 6 5
For the first problem:
Future Value = $2,450 x (1 + 0.14)10 = $9,152.90
For the second problem:
Future Value = $8,000 x (1 + 0.08)8 = $13,743.76
For the third problem:
Future Value = $80,355 x (1 + 0.13)15 = $187,796.02
For the fourth problem:
Future Value = $187,796 x (1 + 0.05)6 = $228,444.33
For each of the following, compute the future value (Do not round intermediate calculations and round your final answers to 2 decimal places).
(FV) = Present value (PV) × (1 + r)n
Given below is the solution for the above problem;
$2,450 for 10 years at 14%: $2,450(1 + 0.14)10 = $9,151.82.
So, the Future Value is $9,151.82.
$8,355 for 8 years at 8%: $8,355(1 + 0.08)8 = $13,922.98.
So, the Future Value is $13,922.98.
$80,355 for 15 years at 13%: $80,355(1 + 0.13)15 = $474,319.46.
So, the Future Value is $474,319.46.
$187,796 for 6 years at 5%: $187,796(1 + 0.05)6 = $240,201.92.
So, the Future Value is $240,201.92.
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What button is used to format a table’s text to make it more interesting?
which trade sanction (embargo or subsidy) would be more effective in protecting domestic jobs? EXPLAIN WHY!!!
Answer:
International trade increases the number of goods that domestic consumers can choose from, decreases the cost of those goods through increased competition, and allows domestic industries to ship their products abroad. While all of these effects seem beneficial, free trade isn't widely accepted as completely beneficial to all parties
In simplest terms, a tariff is a tax. It adds to the cost borne by consumers of imported goods and is one of several trade policies that a country can enact. Tariffs are paid to the customs authority of the country imposing the tariff. Tariffs on imports coming into the United States, for example, are collected by Customs and Border Protection, acting on behalf of the Commerce Department.6 7 In the U.K., it's HM Revenue & Customs (HMRC) that collects the money.
its the mickey mouse slaughterhouse u come inside ur bloods inside
Answer:
I think the answer is D I'm pretty sure that's what I put
Explanation:
because why not
the contract size for platinum futures is 50 troy ounces. suppose you need 300 troy ounces of platinum and the current futures price is $890 per ounce. how many contracts do you need to purchase? how much will you pay for your platinum? what is your dollar profit if platinum sells for $940 a troy ounce when the futures contract expires? what if the price is $840 at expiration? (a negative value should be indicated by a minus sign. do not round intermediate calculations. round your answers to the nearest whole number.)
Your loss would be $18,000 if platinum sells for $840 per troy ounce at expiration.
How crucial are contracts in the purchasing process?Contracts are crucial in the purchasing process as they establish the terms and conditions of a transaction and provide legal protection for both the buyer and seller. A well-written contract clearly outlines the responsibilities of each party, the goods or services being exchanged, the price, the delivery date, and any warranties or guarantees. Contracts help to prevent misunderstandings and disputes and provide a basis for resolving conflicts if they arise. In addition, contracts can help to ensure that both parties meet their obligations, and can provide a basis for legal action if one party fails to do so. In summary, contracts are essential in the purchasing process to establish expectations, clarify terms, and provide legal protection for all parties involved.
To purchase 300 troy ounces of platinum, you need to buy:
300 / 50 = 6 contracts
The cost of 300 troy ounces of platinum at the current futures price of $890 per ounce is:
300 × $890 = $267,000
If platinum sells for $940 a troy ounce at expiration, your profit would be:
(940 - 890) × 50 × 6 = $18,000
If platinum sells for $840 a troy ounce at expiration, your loss would be:
(840 - 890) × 50 × 6 = -$18,000
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