Answer: the difference between the exchange rate on the date of repatriation and the exchange rate used to translate the branch's pretax income.
Explanation:
Repatriation simply means converting of foreign currencies into local ones. Earning of income in foreign currencies, by a comoany are typically subject to risk regarding foreign exchange which could bring about a loss.
It should be noted that the exchange gain or loss on repatriated funds from a foreign branch is calculated when the nominal amount of the funds is multiplied by the difference between the exchange rate on the date of repatriation and the exchange rate used to translate the branch's pretax income.
Select the correct answer.
Why do some critics feel that the IMF should not act to influence exchange rates under some conditions?
A.
They believe that wild swings in currency exchange rates are healthy.
B.
They believe that currencies must find their own market levels.
C.
They fear that the IMF may take over the country’s economy.
D.
They fear that politicians may be using the IMF to cover up their actions.
Answer:
Explanation:
They believe that currencies must find their own market levels.
Lani Co. uses the allowance method to account for bad debts. At the end of the year, their unadjusted trial balance shows an accounts receivable balance of $400,000; allowance for doubtful accounts balance of $400 (debit); and sales of $1,200,000. Based on history, Lani estimates that bad debts will be 1% of accounts receivable. The entry to record estimated bad debts will include a debit to Bad Debts Expense in the amount of:
A. $3,600
B. $4,000
C. $11,600
D. $12,400
E. $12,000
F. $4,400
Answer:
D. $12,400
Explanation:
Use the following formula to calculate the Bad debt expense for the period
Bad debt expesne = Debit balance of Allowance account + Allowance for the period
Where
Debit balance of Allowance account = $400
Allowance for the period = Account receivables x percentage of allowance = $1,200,000 x 1% = $12,000
Placing values in the formula
Bad debt expesne = $400 + $12,000
Bad debt expesne = $12,400
Answer: $4,400
Explanation:
Louis and Greg entered into an oral contract whereby Louis would transfer real estate he owned in Long Beach to Greg. In exchange, Greg agreed to pay $300,000.00 to Louis. Two days later, Louis received an offer from Ken to buy the real estate for $500,000.00 (the real fair market value). Louis then claimed that his contract with Greg was unenforceable since there was insufficient consideration by Greg and the contract had to be in writing. Which of the following is the best description of Louis's claim as to his contract with Greg?
A. The contract did not have consideration because $300,000.00 is unreasonable given the fair market value of the real estate and was obviously made by mistake.
B. The contract was void because it was not in writing.
C. The contract had consideration because Greg agreed to pay $300,000.00 for Louis's real estate and the contract had been fully performed because there was nothing left to be negotiated.
D. The contract did have consideration but was voidable as an oral contract because Louis had not fully performed.
Answer: The contract had consideration because Greg agreed to pay $100K for Louis's real estate and the contract had been fully performed
Explanation:
Select the correct answer from each drop-down menu.
Complete the statements.
Rhonda works in the sales department of a service company. She is never late for work. She gets along well with her coworkers, but she has a habit of discussing the lives of other coworkers in their absence. So, although Rhonda is ____________
, she exhibits _________ with her coworkers.
options for first space: incompetent, nervous, punctual
options for second space: honesty, unprofessionalism, confidentaility
Answer:
1 punctual 2 unprofessionalism
she is punctual and has has an habit of being unprofessional
After one has completed a bachelor's degree, what are the next
THREE degrees one can obtain if accepted?
(3 x 1
Answer:
masters, doctoral, and associate
Explanation:
The next three are the Postgraduate diploma, Master of Science or Arts or Master of Philosophy( MPhil), and Doctor of Philosophy.
What are the next three degrees after a bachelors degree?The other degrees are Postgraduate diploma. One can still get a Master's degree in terms of coursework or a Master's degree in terms of research and lastly, a Doctoral degree.
The bachelor honors degree is known to be the start of a postgraduate specialization qualification and this is one that tend to prepares students for research-based postgraduate study.
Learn more about bachelor's degree from
https://brainly.com/question/17496239
What contributions of Early Management theorists would still be applicable to today's organizations?
Answer:
The need for the formal management theories were important as seen by the Industrial revolution, in the construction of the Egyptian pyramids and many more.
Explanation:
Management theories are concepts that surrounds the management theories that includes tools such as guidelines and framework which are implemented in the modern day organizations.
We can see the early examples of the management practices that are used in the construction of arsenal of the Venice and also when Egyptian pyramids were constructed. One more example is the industrial revolutions where it was more economical to manufacture the produce or manufacture at the factories than at home. Here managers needed formal management theories to control and guide them.
Today the managers used the concepts of the scientific management at times where they analyze the normal work tasks that needs to be performed, to use the time as well as motion study to eliminate the wasted motions and to hire the best qualified worker for the job.
The theories are best selected to structure their organizations for the resources to be used efficiently and effectively.
COLORADO HAS A STATE INCOME TAX OF 4.63% ON ALL INCOME AND A SALES TAX OF 2.9%. ARE THESE TAXES PROPORTIONAL, PROGRESSIVE, OR REGRESSIVE
Answer:
Progressive because It is a tax in which the tax rate increases as the income increases.
Suppose, Joe owns a custom decal shop. The Merry Maids maid service company orders seven $100 decals for its company vehicles. Then the maid service breaches the contract after the goods were produced, but before they were delivered. As a result, Joe has a bunch of custom decals for the maid service that he cannot resell. However, by a stroke of luck, a maid service from a nearby city that is also named Merry Maids desires labels for their car. They pay $50 per label for the seven labels that Joe already made. If Joe were to sue for damages, how much could he recover
Answer:
$350
Explanation:
Calculation to determine how much could he recover
Using this formula
Recovering Amount=Amount paid per Label*Numbers of Label already made
Let plug in the formula
Recovering Amount=$50*7
Recovering Amount=$350
Therefore If he were to sue for damages the amount he could recover is $350
A vegetable farmer wishes to switch to a combination of trees and vegetables (agroforestry) on several hectares of her land to reduce erosion and to diversify what she grows. She needs to assess whether her land can produce as much income by growing two crops instead of one. The farmer estimates that the new tree crop would cover 40 percent of her fields, with the vegetable crop covering the other 60 percent. Which equation should she use to calculate how much total income she would get from using the new two-crop plan
The best equation to show her the income from her plan is (( Tree income per hectare) x total hectares x 0.4) + (( Vegetable income per hectare) x total hectares x 0.6)
Finding the income from treesTrees will cover 40% of the field. The income would be
= Amount earned from trees per hectare x Number of hectares used by trees
Number of hectares used by trees = 40% x Total number of hectares
Income from trees will be:
= Amount earned from trees per hectare x 40% x Total number of hectares
= Tree income per hectare x 0.4 x Total hectares
Income from vegetablesApplying the same method as above:
= Amount earned from vegetables per hectare x 60% x Total number of hectares
= Vegetable income per hectare x 0.4 x Total hectares
Total income= Sum of both
= (( Tree income per hectare) x total hectares x 0.4) + (( Vegetable income per hectare) x total hectares x 0.6)
Find out more on benefits of diversification at https://brainly.com/question/14081320.
Identify What prevented the economy from slipping
back into a recession after slow growth ended the
long recession in November of 2001?
A. historically low interest rates
B. embargoes placed on oil by OPEC
C. an extended period of stagflation
D. an unprecedented surge in the economy
Clarity the similarities and differences
between plough and tractor.
Answer:
Explanation:
1. Plough is a local technology whereas Tractor is a modern technology.
2. Plough requires human energy whereas Tractor does not require much human energy.
3. Plough doesn’t affect the environment whereas Tractor affects the environment.
4. Lever technology is used in Plough whereas Rolling technology is used in Tractor.
5. Plough requires or consumes more time whereas Tractor consumes less time.
Hope this helped!!!
A cowboy hat manufacturer was interested in knowing how to price his or her work based on data rather than "gut feelings." He or she found that pricing concepts involve a language of special terms. Fill in the blanks with the word or phrase from the drop-down list that is among these special terms and would best complete each sentence. Words may be used more than once.
_____ refers to the portion of sales revenue left over after paying the product costs of cowboy hats. Target ____ are often based on norms in the hat industry. Cost-based pricing for cowboy hats uses the_____ plus a target _____ to calculate the sales price. Other term for margin is _______.
- margin
- markup percentages
- product costs/ markup precentage
Answer:
the last one
Explanation:
Question 7 (1 point)
What is the impact of the Online Funds Transfer - From Savings that appears on John's statement?
ООО
0 0
John's Savings account balance increased by $50 and his Checking account balance had no change
John's Savings account balance had no change and his Checking account balance declined by $50
John's Savings account balance declined by $50 and his Checking account balance increased by $50
John's Savings account balance increased by $50 and his Checking account balance declined by $50
Answer: John's Savings account balance declined by $50 and his Checking account balance increased by $50
Explanation:
The checking account statement shows that there was an online funds transfer from Savings into the checking account.
The checking account will therefore increase by $50 because money was transferred into it and therefore added to its balance. The savings account on the other hand, will reduce by the same amount because it transferred the money into another account.
An excerpt of an introduction of a cover letter about a Marketing position.
Which type of cover letter would the above excerpt come from?
a. Prospecting cover letter
b. Networking cover letter
c. Application cover letter
d. Follow up cover letter
An excerpt of an introduction of a cover letter about a Marketing position would come from the networking cover letter.
What is cover letter?Cover letter are letter of intent and it use to describe an individual experience that is related to the Job description on an advert.
The individual include level of experience and exposure as well as other certification that will him or her qualify for the Job.
An excerpt of an introduction of a cover letter about a Marketing position would come from the networking cover letter.
Learn more on cover letter here,
https://brainly.com/question/12408389
#SPJ2
Answer: The answer is b
Explanation:
took the test :)
If you deposit money in the bank, in essence, you are: Group of answer choices a borrower, since all bank funds are borrowed from the federal government. a supplier of funds, since the bank simply is an intermediary between those who want to borrow loanable funds and those who are willing to lend them (depositors). a supplier of funds, since the bank loans money to you. neither a borrower nor supplier of funds in this case, since you have neither lent nor borrowed money
Answer:
a supplier of funds, since the bank simply is an intermediary between those who want to borrow loanable funds and those who are willing to lend them (depositors).
Explanation:
A deposit money bank can be regarded as a financial intermediary that connects a supplier of fund to those in need of funds.
Deposit money banks practice what is known as fractional banking
Fractional banking is a banking system where a portion of customer's deposits is kept as reserves while remaining portion is lent out. The amount kept as reserves is determined by the required reserve ratio set by the Central bank.
If the required reserve ratio is 10% and $100 is deposited, reserves would be $10 and $90 would be lent out
what are important of storing
Answer:
I'm sorry, but the way you worded this is impossible to understand. SO therefore, I cannot answer your question.
Explanation:
Match each Investment or savings option with the income source(s) It provides to investors.
Tiles
capital gains only
Interest income only
capital gains and dividends
capital gains and interest Income
Hola
Pairs
trading in bonds
buying and selling properties
trading in company stocks
opening a CD account
Answer:
Investment/savings Income sources
Trading in Bonds : Capital gains and interest income
Buying and selling properties : Capital gains only
Trading in company stocks : Capital gains and Dividends
Opening a CD account : Interest Income only
Explanation:
Investment/savings Income sources
Trading in Bonds : Capital gains and interest income
Buying and selling properties : Capital gains only
Trading in company stocks : Capital gains and Dividends
Opening a CD account : Interest Income only
Capital gains is a source of income made from the sale of assets such as Bonds or other forms of security such as stocks and real estate , while Interest income is a type of income earned while trading in Bonds and opening and maintaining a CD account .
SECTION B
ANSWER ALL ITEMS IN THIS SECTION.
1. Fill in the blanks by classifying the following activities as primary, secondary or
tertiary production.
(Total 5 marks)
A
= Banking
В.
= Forestry
С.
Canning of fish
D.
= Doctor
Е.
Working as a lumberjack
Which of the following types of exposure threaten patient information? Check all that apply.
transmission
disclosure
interception
interference
Answer:
.-.
Explanation:
Answer:
It's B: disclosure, C: interception, D: interference
Explanation:
On EDG2020
by which process is the glucose absorbed
Glucose and galactose are absorbed across the apical membrane by secondary active transport (along with Na+) through the Sodium-Glucose cotransporter (SGLT1). Both glucose and galactose exit the cell via GLUT2 receptors across the basolateral membrane into the blood.
What is the purpose of credit legislation and what is its impact on individuals, companies, and financial institutions?
Answer:
here ;)
Explanation:
Its purpose is to protect consumers obtaining credit to finance their transactions, ensure that adequate credit is provided, and govern the credit industry in general. In 1968, Congress passed the Consumer Credit Protection Act in part to regulate the consumer credit industry.
Shaili bought a bond from Penny’s Pickles, Inc at par value ($1000) with a coupon rate of 6% and a maturity date 10 years in the future...
If interest rates are currently 3.5%, and Shaili sold the bond today, would she expect to get more than, less than, or equal to $1000 for it?
Answer:
I believe its less than.
Explanation:
Sorry if I am wrong
why should we respect the life and culture of all people living in the country ?
Explanation:
Culture forms our identities and attitudes, and intercultural communication allows us to embrace and sometimes even integrate and learn the language with many other communities to some degree. In modern environment, cultural diversity is becoming extremely significant. We should respect all culture and community.
On January 1, 2020, Green Bay Enterprises issued 10%, 10-year bonds with a face amount of $2,000,000 at 108. Interest is payable annually on January 1. The entry when the bond was issued would include a
Answer:
1.credit to premium on bonds payable for $160,000
Explanation:
The journal entry to record the issuance of the bond is given below:
Cash $2,160,000 ($2,000,000 × 108% )
To Premium on Bonds Payable $160,000 ($2,160,000 - $2,000,000)
To Bonds Payable $2,000,000
(Being the issuance of the bond is recorded)
Here the cash is debited as it increased the assets and credited the bond payable & premium on bond payable is credited as it increased the liabilities
nvestment advisors at your local bank branch office: a) Are not able to plan strongly diversified portfolios for their customers b) Must be transparent about their rates and services c) Are working solely on behalf of their customers to earn money d) Do not advise their customers on their financial goals
Answer:
b) Must be transparent about their rates and services
Explanation:
investment advisors at your local bank branch office: Must be transparent about their rates and services
What advantage is there for a company to offer products at prices below actual market value? Multiple choice question. It maximizes profits for the company under any market conditions. It keeps the level of production low so the company will not be overwhelmed with orders. It circumvents the experience curve effect. Customers are more likely to try the product because they are not risking as much money.
Answer: Customers are more likely to try the product because they are not risking as much money.
Explanation:
Many market have competition, despite customers want the best for their money, they still want the best various prices especially that which is a bit lower, so they know they are not spending much but also getting the best. Some organization would want to sail their market either when entering the market or when they are experiencing a low sales, they now consider reducing the price of their items, in this case, customers would consider them because they are not spending much money
After the economic recession, the boating industry suffered from a decline in sales. However, recent sales forecasts indicate that the upcoming season will produce a strong demand for boats and boating equipment. Based on this, Lynn has decided to ramp up production this winter of both his bass fishing boats and speed boats, keep them in storage until the boating sales season officially resumes, and hope that customers will buy them. This is an example of a ________ strategy.
Answer:
push strategy
Explanation:
The push strategy consists of a marketing strategy whose objective is to make customers buy the products of a company through the use of marketing to attract consumers, for example, advertisements on social media, advertising on TV, exhibitors, etc.
In this strategy, the company searches for its customers by running ads about the benefits and features added to its product so that the customer knows the product and thus decides to make the purchase.
Identify the problem by analyzing the given scenario. An IT software company is losing market share because it fails to launch new products in a timely manner. Decisions are centralized at the top, and employees have little or no voice. One way to solve this problem is to use teams to eliminate ____ in the company.
Answer: bureaucracy
Explanation:
Bureaucracy could be described as having a company or an industry being controlled by some set of individuals yet have little or no result to show. These control in most cases diminishes the flow of effective operation in the firm.
The I. T organization is having a bureaucracy issue, where decisions are only made at the top with no contribution from those carrying out the job. The input of those carrying out the job at the bottom could be very effective to change things in the organization.
Answer:
"bureaucratic barriers"
Explanation:
i got it right on plato
Culinary Solutions Inc. manufactures cooking and baking equipment and has its base in the country of Vandevar. It has approximately 300 stores across the country and is already active in three foreign countries. It attempts to establish itself in the country of Balalaika, and uses its low-cost strategy to do so. However, due to the additional costs associated with training, coordinating across geographic distances, and other costs associated with doing business in an unfamiliar cultural and economic environment, Culinary Solutions Inc. incurs huge financial losses in Balalaika. In this scenario, Culinary Solutions Inc.'s failure to establish itself successfully in Balalaika occurs most likely because
Charge cards require the cardholder to pay the full balance each due date.
True
or
False