There is a foreign exchange loss in this scenario.
What is foreign exchange?Foreign exchange (Forex or FX) is the trading of one currency for another. It is the largest and most liquid financial market in the world. The Forex market is open 24 hours a day, five days a week, and is made up of banks, different commercial companies, central banks, hedge funds, investment management firms, and individual investors. In the Forex market, currencies are traded in pairs, such as the US Dollar and the Euro, or the British Pound and the Japanese Yen. When a trader buys or sells a currency pair, they are effectively buying one currency and selling the other. Forex trading is conducted over the counter (OTC) and is not centralized on an exchange, as with the stock and futures markets. Forex traders are seeking to make a profit by speculating on the value of one currency compared to another.
This is because when the Korean subsidiary sells inventory to the Japanese company, the sale is denominated in US dollars. However, between the date of sale and the date the receivable is collected, the Korean won strengthens 10% against the US dollar. This means that the US dollars the Korean subsidiary will receive are worth 10% less than they were when the sale was made. Therefore, the US company will incur a foreign exchange loss because they will receive less money than they expected.
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an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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Which level of the organization is typically responsible for determining the makeup of the organization's portfolio of businesses? Select one: a. Corporate level b. Business Unit level c. Functional area level d. marketing department level e. mezzanine leve
The corporate level is typically responsible for determining the makeup of the organization's portfolio of businesses.
At the corporate level, strategic decisions are made regarding the organization's overall direction and portfolio of businesses. This involves evaluating the existing businesses within the organization, identifying potential opportunities for growth or diversification, and deciding which businesses to acquire, divest, or invest in. The corporate level is concerned with long-term planning and aligning the organization's portfolio with its overall objectives and strategies. This decision-making process takes into account factors such as market dynamics, industry trends, financial performance, and synergy among different businesses. The corporate level ensures that the organization's portfolio of businesses is strategically aligned and optimized for sustained success and growth.
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Rashida purchased a machine for $5600. She sold it six years later for $500. At that date, the
provision for depreciation had a credit balance of $5040.
What entry was made in the income statement?
A credit $60
B debit $60
C credit $560
D debit $560
The entry made in the income statement in this scenario would be a debit of $560. So, the correct answer is D debit $560.
The provision for depreciation represents the accumulated depreciation of the machine over the six-year period. Since the provision had a credit balance of $5040 at the time of sale, it means that the total depreciation expense recognized over the six years was $5040.
To calculate the depreciation expense per year, we divide the total accumulated depreciation by the number of years (6). So, the annual depreciation expense is $5040/6 = $840.
When Rashida sold the machine for $500, it implies that the machine's carrying value or book value was reduced to $500. To account for this loss on disposal, the income statement entry will be a debit to Depreciation Expense for the remaining balance of the machine's book value, which is $840 - $500 = $340.
However, since the question asks for the specific entry made in the income statement, the amount to be debited will be the difference between the machine's original cost and its book value at the time of sale, which is $5600 - $500 = $5100.
Hence, the entry in the income statement will be a debit of $5600 - $500 = $5100. So, the correct answer is D debit $560.
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For five (5) marks, list the five features of a goods and service bundle held by Dell Computer, The Bay, and Save-on Foods.
Five features illustrate how Dell Computer, The Bay, and Save-on Foods create value for their customers through customization, warranty/support, variety/selection, competitive pricing, and convenience in their goods and service bundles.
Customization: Dell Computer allows customers to customize their computer systems by selecting specific hardware components and software options. This feature ensures that customers get a personalized and tailored product that meets their specific needs.
Warranty and Support: All three companies offer warranty and support services for their products. Dell Computer provides technical support and repair services for their computers, while The Bay and Save-on Foods offer customer assistance and returns/exchange policies for their goods.
Variety and Selection: Dell Computer offers a wide range of computer models, allowing customers to choose from different configurations, sizes, and specifications. The Bay provides a diverse selection of fashion, home goods, and beauty products, while Save-on Foods offers a variety of grocery items, including fresh produce, packaged goods, and household essentials.
Competitive Pricing: All three companies strive to offer competitive prices for their bundled goods and services. Dell Computer often provides discounts and promotions on their computers and accessories. The Bay and Save-on Foods regularly offer sales and discounts on their products, making them affordable for customers.
Convenience: Each company emphasizes convenience in their offerings. Dell Computer provides online purchasing options and doorstep delivery. The Bay and Save-on Foods offer both online shopping and physical store locations, allowing customers to choose the most convenient method for purchasing their desired products.
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What is the richest person in the world right now?
What is the best money making job in the U.S?
Can you get your job back after getting fired?
Answer all please.
Brainliest included.
Thank you.
Evergreen Credit Corporation wants to earn an effective annual return on its consumer loans of 18. 2 percent per year. The bank uses daily compounding on its loans. What interest rate is the bank required by law to report to potential borrowers
The interest rate that Evergreen Credit Corporation is required by law to report to potential borrowers is the annual percentage rate (APR).
The APR is a standardized measure used to disclose the cost of borrowing to consumers. It includes both the nominal interest rate and any additional fees or charges associated with the loan. The APR provides borrowers with a way to compare the true cost of borrowing between different lenders.
In this case, Evergreen Credit Corporation wants to earn an effective annual return of 18.2 percent on its consumer loans. Since the bank uses daily compounding, the interest rate that they would be required to report as the APR would be higher than the nominal rate. The specific calculation to determine the APR for daily compounding would depend on the exact terms and compounding frequency of the loan.
To accurately calculate the APR in this scenario, more information about the loan terms and compounding period would be needed.
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Why is it necessary for agricultural practices to continue changing?.
It is important for agricultural practices to continue changing so as to;
Increase agricultural produce.What is agricultural practices?agricultural practices are techniques that are used in cultivation of crops and rearing of animals.
With the evolvement of different techniques in agriculture, such as usage of machinery and cross breeding there has been increase in production of goods and animals.
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A Saudi Arabian citizen who is considered a non-resident alien
in the US is taxed by the US
On foreign source and US source income
Only on foreign source income
Only on US source income
On 50% of foreign source and 100% of US source income
The correct answer is that a Saudi Arabian citizen who is considered a non-resident alien in the US is taxed by the US on both foreign source and US source income.
A Saudi Arabian citizen who is considered a non-resident alien in the US is subject to taxation by the US. The tax liability for such an individual depends on the source of their income.
The individual will be taxed by the US on both foreign source and US source income. This means that any income they earn from sources outside the US, as well as any income they earn from sources within the US, will be subject to US taxes.
To provide an example, if the individual has a job in Saudi Arabia and earns income from that employment, they will need to report and pay taxes on that income to the US government. Similarly, if they have investments or earn income from rental properties in the US, that income will also be subject to US taxes.
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FILL THE BLANK.If you set up an experiment with two different independent variables, then the results would be_____.
If you set up an experiment with two different independent variables, then the results would be confounded.
It would be impossible to determine which independent variable caused any observed changes in the dependent variable since both variables are altered. For instance, let's say that an experiment is conducted to see how much exercise and sleep contribute to improved memory. Both of these variables are independent variables in the study.
The confounding variable is that there is no way to know whether improved memory is due to exercise or sleep or a combination of both. If two independent variables are used in an experiment, the results may be confounded, resulting in a flawed study with questionable conclusions.
Therefore, it is essential to control the variables in the study to determine the independent variable that causes a change in the dependent variable.
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ch 2: which of the following terms is the most encompassing? a. value chain b. transformation process c. general management process d. operating system
B: "Transformation process" is the most encompassing term.
The transformation process refers to the entire set of activities that organizations undertake to transform inputs into finished goods or services. This process includes all the stages of a value chain, such as procurement of raw materials, manufacturing, marketing and sales, and delivery to customers.
It also encompasses the general management processes that oversee the entire transformation process, including planning, organizing, staffing, leading, and controlling. The operating system refers to the specific systems and processes that support the day-to-day operations of an organization. The transformation process is therefore more encompassing as it encompasses all of these other terms.
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your friends, jim and joey (16) are twin brothers and just received a $1000 inheritance from a wealthy aunt. jim wants the two of them to put their money together and buy a 4-wheeler. joey says he wants to put his money in a savings account. jim comes to you to ask you to help persuade joey to buy the 4-wheeler. what is your best financial advice?
The best argument to persuade Joey to buy the 4-wheeler is to inform him that keeping the money in a savings account would cause that money to loose value overtime (due to interest rates). Therefore, to ensure the best use of the $1000, it is ideal to use that money rather than save it.
Inventory Write-Down
Stiles Corporation uses the FIFO cost flow assumption and is in the process of applying the LCNRV rule for each of two products in its ending inventory. A profit margin of 30% on the selling price is considered normal for each product. Specific data for each product are as follows:
Product A Product B
Historical cost $80 $95
Replacement cost 71 99
Estimated cost of disposal 32 27
Estimated selling price 150 120
Required:
What is the correct inventory value for each product?
Product A $
Product B $
$ per unit
if u want the answer go to Bit
Which of the following is the best example of a business firm operating in a competitive price-taker market?
a. a small brewery supplying a local brand of beer
b. a Laundromat located a few blocks from a major university
c. Wal-Mart, a large retailer that competes in many markets
d. a pizza parlor located in a major metropolitan area
e. a Midwest farmer producing beef cattle
a small brewery supplying a local brand of beer.
In a competitive price-taker market, there are many buyers and sellers, and no single firm has enough market power to influence the market price. The firm must accept the prevailing market price for its product and has no control over setting prices. A small brewery supplying a local brand of beer would typically operate in a market where there are other breweries producing similar products, and the brewery would need to accept the market price for its beer without the ability to influence it significantly.
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Which of the following statements is false regarding duties of partners to one another? Multiple Choice They must disclose any material facts affecting the business to one another They should not take any kind of action that will undermine the partnership. O They have a fiduciary duty to one another. O They have a duty to be loyal to one another. O They may engage in a competing business only if the competing business does not result in significant losses to the partnership
The false statement regarding duties of partners to one another is: "They may engage in a competing business only if the competing business does not result in significant losses to the partnership." Option A is the correct answer.
Partners have a duty to be loyal to one another, which means they should not engage in activities that undermine the partnership. They also have a fiduciary duty, meaning they must act in the best interest of the partnership. Additionally, partners must disclose material facts affecting the business to each other to maintain transparency and trust. However, partners generally cannot engage in a competing business without the consent of other partners, as it can create conflicts of interest and potentially harm the partnership.
Therefore, the correct option is D. They may engage in a competing business only if the competing business does not result in significant losses to the partnership.
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Word of mouth promotion is also known as what?
Answer:
Word-of-mouth advertising (WOM advertising), also called word of mouth marketing, is the process of actively influencing and encouraging organic word of mouth discussion about a brand, organization, resource, or event.
Explanation:
hope this helps, pls mark brainliest :D
Word-of-mouth advertising is another name for viral marketing.
What is Word-of-mouth promotion?The technique of deliberately influencing and supporting organic word-of-mouth talk about a brand, organization, resource, or event is known as word-of-mouth advertising (WOM advertising), sometimes known as word-of-mouth marketing.
A corporation can reach new audiences and establish a solid brand reputation by using word-of-mouth marketing. Businesses can enhance profitability, draw in new clients, and strengthen their bonds with current consumers by utilizing this distinctive and natural kind of marketing.
The type of rewards utilized has a significant impact on the effectiveness of word-of-mouth marketing. The employment of incorrect incentives to encourage customers or representatives to spread good word of mouth about goods or brands can have negative effects on a business, according to research.
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On January 1, the first day of the fiscal year, a company issues a $1,450,000, 5%, five-year bond that pays semiannual interest of $36,250 ($1,450,000 × 5% × ½), receiving cash of $1,408,720.
Complete Question:
On January 1, the first day of the fiscal year, a company issues a $1,450,000, 5%, five-year bond that pays semiannual interest of $36,250 ($1,450,000 × 5% × ½), receiving cash of $1,408,720
Journalize the first interest payment and the amortization of the related bond discount using the Straight line method
Answer:
Kindly check Explanation
Explanation:
Given the following :
Face value of bond issued = $1,450,000
Cash received on Issuance = $1,408,720
Number of Interest payment on bond = 5 × 2 = 10(semiannual)
Therefore, discount on bond :
$(1,450,000 - 1,408,720) = $41,280
Spreading or amortizing diacou t on bond over the bond duration (use te straight line method)
Discount / period
$41,280 / 10 = $4,128
Interest expense a/c Dr $40,378
To discount on bond payable a/c Cr $4128
To cash a/c $36,250
the following data apply to mark's potential investment. all figures are shown on a monthly basis. gross rental receipts: $50,000 laundry machine receipts: $2,000 expected vacancy rate: 5% operating expenses: $27,000 mortgage interest: $3,000 depreciation expense: $2,000 calculate the monthly net operating income (noi) of mark's potential investment. a) $17,400 b) $22,400 c) $24,900 d) $19,400
The monthly net operating income of Mark's potential investment, given the rental receipts and other receipts and expenses, is b) $22, 400 .
How to find the monthly net operating income ?First, find the total income from Mark's potential investment :
= Gross rental receipts + Laundry machine receipts
= 50, 000 + 2, 000
= $52, 000
The monthly net operating income would then be:
= Total income x ( 1 - vacancy rate) - Operating expenses
= 52, 000 x ( 1 - 5%) - 27, 000
= $22, 400
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Choose the era that best matches the statement given.
A company who has pleasing the customer in its mission statement
Answer:
Marketing company era
Explanation:
They need to get their product out there, so they use mission statements to please the customer, which is marketing.
A county three-lane highway that will stretch about 20 miles is being built in Lee Town. This highway is paid for by
A. National government funds
B. State government bonds
C.municipal bonds
D. Commodities
Answer:
B
Explanation:
Because the goverment is shareing the bonds
Answer:
xip mon lo
Explanation:
ok ok ok ok ok ok
A prepayment that is originally recorded as an asset will be ______.
Is a travel agent a part of the primary, secondary or tertiary sector?
a travel agent is a secondary sector
According to the box "Outline of a Comprehensive Business Plan," it is reasonable to assume that a quality business plan will take
Multiple Choice
O
O
O
at least six months
over a year
around one or two weeks
about two months
to generate. T
As stated in the box "Outline of a Comprehensive Business Plan," a quality business plan should take around two months to generate. Thus, Option D is correct.
A quality business plan typically takes about two months to generate, as it requires careful research, analysis, and planning of various aspects of the business, including its market, competition, financial projections, and management structure. However, the time required to develop a business plan can vary depending on the complexity of the business, the availability of information, and the resources available to the entrepreneur or team developing the plan.
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you own two restaurants. from 2001 through 2007, the sales (in thousands of dollars) for one restaurant can be modeled by R = 690 − 8t − 0.8t2, t = 1, 2, 3, 4, 5, 6, 7where t = 1 represents 2001. During the same seven-year period, the sales R2 (in thousands of dollars) for the second restaurant can be modeled byR2 = 458 + 0.78t, t = 1, 2, 3, 4, 5, 6, 7.Write a function that represents the total sales for the two restaurants. Use a graphing utility to graph the total sales function.
The graph shows: the total sales for both restaurants over the seven-year period. The x-axis will represent the years (t = 1, 2, 3, 4, 5, 6, 7) and the y-axis will represent the total sales in thousands of dollars.
To find the total sales for the two restaurants, we need to add the sales of each restaurant for each year. The function that represents the total sales for the two restaurants can be written as:
T = R1 + R2
where T represents the total sales, R1 represents the sales of the first restaurant, and R2 represents the sales of the second restaurant.
Substituting the given equations for R1 and R2, we get:
T = (690 − 8t − 0.8t²) + (458 + 0.78t)
Simplifying this equation, we get:
T = 1148 − 8t − 0.8t² + 0.78t
T = 1148 − 7.22t − 0.8t²
We can use a graphing utility to graph this function. The graph will show the total sales for both restaurants over the seven-year period. The x-axis will represent the years (t = 1, 2, 3, 4, 5, 6, 7) and the y-axis will represent the total sales in thousands of dollars.
The total sales for the two restaurants for each year and also identify any trends or patterns in the sales over the seven-year period. This information can help the business owner make informed decisions about the operations of their restaurants.
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Complete question:
Owning a Business You own two restaurants. From 2001 through 2007, the sales R1 (in thousands of dollars) for one restaurant can be modeled by
R = 690 − 8t − 0.8t2, t = 1, 2, 3, 4, 5, 6, 7
where t = 1 represents 2001. During the same seven-year period, the sales R2 (in thousands of dollars) for the second restaurant can be modeled by
R2 = 458 + 0.78t, t = 1, 2, 3, 4, 5, 6, 7.
Write a function that represents the total sales for the two restaurants.
Why is it important for a human resource manager to carefully maintain
employee records?
Answer:
Certain records require employee privacy to be protected. Not maintaining and following best practices for employee record keeping leaves you vulnerable to defending yourself against lawsuits, labor investigations or audits.
Explanation:
Advantages and disadvantage of workers on a strike
Answer:
ADVANTAGES: Potential for better pay and working conditions for the workers
DISADVANTAGES: The employer could potentially punish the workers, restrict their pay, or even fire them. The company the workers work for will lose money. Strikes can take long periods of time.
true or false when a provider has market dominance, and hence can set its own prices (within reason), it is called a price taker.
The statement "when a provider has market dominance, and hence can set its own prices (within reason), it is called a price taker" is false because that is called a price setter, not a price taker.
What is a price setter?A price setter is a business or industry that has control over the market price of goods or services. This is achieved through the use of monopolistic competition, oligopoly, or a monopoly. In an oligopoly, for example, the top four firms account for 80% of the market. These businesses have considerable power over the market since their pricing and output strategies influence market conditions. The company can set its prices above those of its competitors due to its monopoly position. This will be to maximize profits by charging the highest price that consumers are willing to pay.
What is a price taker?A price taker, on the other hand, is a firm or industry that accepts the market price determined by supply and demand forces. Small businesses and startups are more likely to be price takers since they lack market power to set prices. The market price is the going rate for a product or service. Businesses that do not have a monopoly or oligopoly position are price takers, and they must accept the market price. They have no influence over the market price since their output is minor, and they must accept the market price to be competitive.
What is market dominance?Market dominance is when a company or group of firms controls a significant portion of the market. A company that holds a significant portion of the market may have an unfair advantage over its competitors, which can lead to a monopolistic or oligopolistic market. When a company has market power, it can charge higher prices or reduce product quality without fear of losing customers. Governments frequently take measures to promote competition and prevent businesses from dominating the market, to protect consumers from paying excessive prices.
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manuel earns $425 per week working for spotless car wash. poornima earns $800 per week working for rowan and martin associates. poornima spends $10 to get her car washed.
Poornima earns $800 per week and spends $10 on car washes, resulting in a net income of $790 per week. On the other hand, Manuel earns $425 per week. Therefore, Poornima's net income is $365 more than Manuel's earnings.
Manuel earns $425 per week working for Spotless Car Wash, while Poornima earns $800 per week working for Rowan and Martin Associates.
Additionally, Poornima spends $10 to get her car washed.
To compare their earnings, we can subtract the amount Poornima spends on car washes from her weekly earnings.
This would give us her net income, which is the amount of money she has left after spending on car washes.
So, we can calculate Poornima's net income as follows:
Poornima's net income = Poornima's weekly earnings - Amount spent on car washes
= $800 - $10
= $790
Therefore, Poornima's net income, after deducting the cost of car washes, is $790 per week.
To compare Poornima's net income with Manuel's earnings, we can simply compare the two amounts.
Poornima's net income is $790, while Manuel's earnings are $425.
Comparing the two, we can see that Poornima's net income is higher than Manuel's earnings.
Specifically, Poornima's net income is $365 more than Manuel's earnings.
In summary, Poornima earns $800 per week and spends $10 on car washes, resulting in a net income of $790 per week.
On the other hand, Manuel earns $425 per week.
Therefore, Poornima's net income is $365 more than Manuel's earnings.
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The relative desirability of real estate as compared to other goods and services increases when?
The relative desirability of real estate as compared to other goods and services increases when long-term interest rates are declining.
The principle of change acknowledges the dynamic nature of real estate markets. In real estate, the change influences not best individual properties, but also neighborhoods, groups, and areas. The consequences of prospective trade are contemplated in the market. alternate is basically the law of motive and impact.
Real estate is actual assets that includes land and enhancements, which consist of homes, furnishings, roads, systems, and utility systems. belongings rights deliver a identify of possession to the land, enhancements, and herbal resources which include minerals, plants, animals, water, and so on.
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Choose a good you are familiar with, and analyze its economic utility, using the questions below. NOTE: Choose a good for this exercise, not a service. a. What type of good did you choose? (1 sentence. 1.0 points)
The correct answer to this open question is the following.
Unfortunately, you did not attach the "questions below." So we do not know what they are or what they say.
However, trying to help, we can comment on the following.
The good I am most familiar with is oil because my father works in the oil industry.
Oil has an enormous economic utility because it literally "moves the world." Oil is used in almost every industry. We use it on a daily basis. First of all, we use gasoline in our cars. We use gas in our homes. Hotels, corporations, public service buildings use gas or gasoline in different forms.
Oil companies are one the most powerful industries in the world. Companies such as British Petroleum, Exxon, Mobile, Shell, and many others, are dominant industries in most of the countries. Some economies are based on oil and its fluctuant price.
Although governments are trying to move on and use alternative forms of energy that protect the environment, oil is still the most important form of energy on planet Earth.