a. After the magazine The Economist publishes an article indicating that analysts expect the value of Tunisian dinars to rise relative to Peruvian sol, Peru's currency will

Answers

Answer 1

Answer: Depreciate

Explanation:

The Economist is a widely respected financial and economic magazine which means that their articles can cause movements in the market especially when backed up by analysts.

The Economist believes that the Tunisian Dinar will rise relative to the Peruvian Sol, this means that the Peruvian Sol will depreciate against the Tunisian Diner. Some people and entities holding Peruvian Sol assets will try to offload it so that they do not suffer losses.

This increase in supply and reduction in demand for the Peruvian Sol will lead to it depreciating.


Related Questions

Problems and Applications Q2 Your aunt is thinking about opening a hardware store. She estimates that it would cost $500,000 per year to rent the location and buy the stock. In addition, she would have to quit her $50,000 per year job as an accountant. What is the opportunity cost of something

Answers

Answer:

$550,000

Explanation:

Based on the information given the OPPORTUNITY COST OF RUNNING THE HARDWARE STORE will be $550,000 ($500,000+$50,000), which include the amount of $500,000 which is the cost of renting the store as well as to the cost to buy the stock while the $50,000 is her salary as an Accountant, reason been that she would QUIT HER JOB as an accountant in order for her to run the store.

Therefore the OPPORTUNITY COST will be $550,000

A real estate attorney employed by a large national clothing store evaluates sites across the United States, searching for ideal locations for new stores. Which type of property is the attorney surveying?

Answers

Answer: Commercial

Explanation:

Commercial property refers to the real estate which is used for business activities. It simply refers to the buildings that are used for business purposes, as well as land that are utilized for the generation of profit.

Since the real estate attorney employed by a large national clothing store evaluates sites across the United States, searching for ideal locations for new stores, the attorney is looking for a commercial property.

What advice would you offer to entrepreneurs on a limited advertising budget?


Buy the biggest magazine ad you can, even if it means you can only run it once.

Run smaller, less visible ads more frequently in the best medium for your target audience.

Focus on television advertising.

Focus on radio advertising.

Answers

Answer:

Run smaller, less visible ads more frequently in the best medium for your target audience.

Explanation:

An entrepreneur refers to an individual who sees a need or discovers a problem in a society and innovatively proffers a solution using brilliant ideas or entrepreneurial thinking.

The following are five (5) characteristics of an entrepreneur;

1. Innovative: it can be defined as a quality possessed by an individual or group of people such as an entrepreneur and typically involves the process of improving on an existing product or ideas.

2. Passionate: believing in a course and one's ability to achieve much more at a business.

3. Risk-Taker: he or she is confident enough to venture into risky businesses with the hope of an expected success.

4. Self-confident: he or she is bold and believes in his or her abilities to excel.

5. Well-rounded leader: it involves being compassionate, fun, organized and intelligent as a successful entrepreneur.

Advertisement refers to the promotional multimedia messages designed and developed to make the products or services of a company known to its customers and potential customers.

Basically, the advice I would offer to entrepreneurs on a limited advertising budget is to run smaller, less visible adverts (ads) more frequently in the best medium for their target audience because they wouldn't have to pay more to put their goods out there.

Penelope withdraws $4,115.23 at the end of a five-year investment yielding 4% interest, compounded annually. How much did Penelope originally deposit

Answers

Answer:

$3,382.42

Explanation:

The amount originally deposited by Penelope (PV) can be determined using a Financial calculator as follows :

FV = $4,115.23

PMT = $0

N = 5

I = 4 %

P/YR  = 1

PV = ?

The PV is $3,382.42

thus,

Penelope originally deposited $3,382.42

Martha had an important meeting after lunch and wanted to avoid the hassle of waiting in line to get a meal at the cafeteria. Hence, she bought a sandwich from a vending machine that was costlier than the meal at the cafeteria. Which of the following influenced Martha's purchase decision?
A. Psychological costs.
B. Quality costs.
C. Behavioral costs.
D. Time costs.

Answers

Answer:

D

Explanation:

True or false: A traditional costing system uses more cause-and-effect relationships in tracing costs than does an activity-based cost allocation system.

Answers

Answer: False

Explanation:

Activity based costing us when the activities of an organisation is classified. After the classification, the costs that are related to those activities will then be traced to the activities.

It should be noted that an activity-based costing system utilizes more cause-and-effect relationships when tracing costs than a traditional cost allocation system.

Therefore, the statement that's givenn in the question is false.

For each of the following annuities, calculate the present value. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
Present Value Annuity Payment Years Interest Rate
$ 2,100 7 5 %
1,310 9 4 %
11,830 19 6 %
30,650 27 8%

Answers

Answer:

Results are below.

Explanation:

Giving the following information:

Annuity Payment Years Interest Rate

$ 2,100 7 5 %

1,310 9 4 %

11,830 19 6 %

30,650 27 8%

To calculate the present value, we need to use the following formula:

PV= A*{(1/i) - 1/[i*(1 + i)^n]}

A= annual payment

a)

PV= 2,100*{(1/0.05) - 1 / [(0.05*(1.05^7)]}

PV= $12,151.38

b)

PV= 1,310*{(1/0.04) - 1 / [(0.04*(1.04^9)]}

PV= $9,740.28

c)

PV= 11,830*{(1/0.06) - 1 / [(0.06*(1.06^19)]}

PV= $132,000.52

d)

PV= 30,650*{(1/0.08) - 1 / [(0.08*(1.08^27)]}

PV= $335,162.8

If $4000 is invested at 2% interest, find the value of the investment at the end of 6 years.
An investment of $4000 is deposited into an account in which interest is compounded continuously. Complete the table by filling in the amounts to which the investment grows at the indicated interest rates.
t = 5 years
Rate per year Amount
1%
2%
3%
4%
5%
6%

Answers

Answer:

a. Value of investment at the end of 6 years = $4,504

b. Table Completion:

Rate per year  Future Value Factor   Amount

1%                         1.051                         $4,204

2%                        1.104                          $4,416

3%                        1.159                         $4,636

4%                        1.217                         $4,868

5%                      1.276                          $5,104

6%                      1.338                         $5,352

Explanation:

Data and Calculations:

Investment = $4,000

Interest rate = 2%

Period of investment = 6 years

Future value factor at 2% for 6 years = 1.126

Value of investment at the end of 6 years = $4,504 ($4,000 * 1.126)

b) Investment = $4,000

Interest rates = from 1% to 6%

Period of investment, t = 5 years

Future value factors are as follows:

Rate per year  Future Value Factor   Amount

1%                        1.051                         $4,204 ($4,000 * 1.051)

2%                       1.104                          $4,416 ($4,000 * 1.104)

3%                       1.159                         $4,636 ($4,000 * 1.159)

4%                       1.217                         $4,868 ($4,000 * 1.217)

5%                      1.276                          $5,104 ($4,000 * 1.276)

6%                      1.338                         $5,352 ($4,000 * 1.338)

The secret to effective sales is to have a

unique selling proposition.

good personality.

memorized pitch.

fantastic product.

Answers

Answer:

unique selling proposition.

Explanation:

Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.

Generally, the secret to effective sales is to have a unique selling proposition that makes consumers patronize you.

A company purchased $1,800 of merchandise on July 5 with terms 2/10, n/30. On July 7, it returned $200 worth of merchandise. On July 28, it paid the full amount due. Assuming the company uses a perpetual inventory system, and records purchases using the gross method, the correct journal entry to record the payment on July 28 is:

Answers

Answer:

Debit : Account Payable $1,600

Credit : Discount Received $32

Credit : Cash $1,568

Explanation:

The correct journal entry to record the payment on July 28 includes a Debit to Accounts Payable and Credit to Discount and Cash. Cash should be after returns and discount received.

Prime Cost, Conversion Cost, Preparation of Income Statement: Manufacturing Firm Kildeer Company makes easels for artists. During the last calendar year, a total of 32,000 easels were made, and 33,000 were sold for $56 each. The actual unit cost is as follows: Direct materials $13.00 Direct labor 5.00 Variable overhead 8.00 Fixed overhead 16.00 Total unit cost $42.00 The selling expenses consisted of a commission of $1.10 per unit sold and advertising co-payments totaling $93,500. Administrative expenses, all fixed, equaled $176,000. There were no beginning and ending work-in-process inventories. Beginning finished goods inventory was $155,400 for 3,700 easels.Required:1. Calculate the number and the dollar value of easels in ending finished goods inventory.Ending units Dollar amount $FeedbackRemember that cost of goods manufactured increases finished goods inventory.2. Prepare a cost of goods sold statement.Kildeer CompanyStatement of Cost of Goods SoldFor the Year Ended December 31Cost of goods manufactured $Add: Beginning finished goods inventory Cost of goods available for sale $Less: Ending finished goods inventory Cost of goods sold $

Answers

Answer:

Results are below.

Explanation:

First, we need to calculate the unitary production cost:

Direct materials= 13

Direct labor= 5

Variable overhead= 8

Fixed overhead= 16

Total unit cost= $42

Now, the ending inventory in units and cost:

Beginning inventory= 3,700

Production= 32,000

Sales= (33,000)

Ending inventory in units= 2,700

Ending inventory value= 2,700*42= $113,400

Finally, the cost of goods sold:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 155,400 + (32,000*42) - (2,700*42)

COGS= $1,386,000

An order for 140 units of Product A has been placed. There are currently 20 units of Product A on hand. Each Product A requires 3 units of Component B. There are 40 units of Component B on hand. What are the net requirements for Component B

Answers

Answer:

Order for unit B = 440

Explanation:

Given:

Order for unit A = 140 units

Units A in hand = 20 units

Units B in hand = 40 units

1 unit A required 3 units of B

Find:

Order for unit B

Computation:

Total unit of A = 140 + 20

Total unit of A = 160 units

Total unit B required = 160 x 3

Total unit B required = 480

Order for unit B = Total unit B required - Units B in hand

Order for unit B = 480 - 40

Order for unit B = 440

Brenda, the sales manager of a firm, wants to generate a particular report containing sales analyses of the second and third quarter of the year. She should use a ________ to retrieve the information that she wants from the database. Group of answer choices

Answers

Answer: query

Explanation:

Since Brenda wants to generate a particular report containing sales analyses of the second and third quarter of the year, then she should use a query to get the information.

The query refers to a request that can be used to get data or information from the database table. The data gotten can be in form of graphs, pictorials or complex results, such as trend analyses etc

The petty cash fund of the Brooks Agency is established at $150. At the end of the current period, the fund contained $28 and had the following receipts: entertainment, $70; postage, $30; and printing, $22. Prepare journal entries to record (a) establishment of the fund and (b) reimbursement of the fund at the end of the current period.
Identify the two events from the following that cause a Petty Cash account to be credited in a journal entry.
______________ a. Fund amount is being reduced.
_____________ b. Fund amount is being increased.
_______________ c. Fund is being eliminated.
_______________ d. Fund is being established.

Answers

Answer:

(a) Debit Petty cash account for $150; and Credit Bank for $150.

(b) Debit Petty cash account for $122; and Credit Bank for $122.

The correct options are:

a. Fund amount is being reduced.

c. Fund is being eliminated.

Explanation:

(a) Prepare journal entries to record establishment of the fund.

The journal entry will look as follows:

Details                                      Debit ($)          Credit ($)  

Petty cash account                     150

Bank                                                                        150

(To record petty cash fund establishment.)                    

(b) Prepare journal entries to record reimbursement of the fund at the end of the current period.

Since the fund contained $28 at the end of the current period, we have:

Amount to reimburse = entertainment + postage + printing = $70 + $30 + $22 = $122

The journal entry will now look as follows:

Details                                      Debit ($)          Credit ($)  

Petty cash account                      122

Bank                                                                      122

(To record petty cash fund reimbursement.)                      

c. Identify the two events from the following that cause a Petty Cash account to be credited in a journal entry.

The correct options are:

a. Fund amount is being reduced.

c. Fund is being eliminated.

This is because they both in indicate outflows from the petty cash fund.

A competitive market analysis takes into consideration?

Answers

Answer:

A competitive analysis is the process of identifying your competitors and evaluating their strategies to determine their strengths and weaknesses relative to your own business, product, and service. The goal of the competitive analysis is to gather the intelligence necessary to find a line of attack and develop your go-to-market strategy.

Explanation:

#AnswerForTrees

How do global logistical systems influence the 4Ps of marketing (price, product, place, and promotion)?

Answers

Answer:

In simple words, Because of customised backing to miniscule distributors, fast motion of components, detecting price levels from resting some other nation like China, providing product lines from one nation to some other nation with the assistance of a representative, internet assistance, and even product promotion, global logistic systems have a significant impact on marketing 4Ps like price, product, place, and promotion.

A local electricity-generating company has a monopoly that is protected by an entry barrier that takes the form of A) control of a key raw material.

Answers

Answer:

economies of scale

Explanation:

Here are the options

control of a key raw material

a perfectly inelastic demand curve

legal monopoly

economies of scale

A monopoly is when there is only one firm operating in an industry. there are usually high barriers to entry of firms. the demand curve is downward sloping. it sets the price for its goods and services.

An example of a monopoly is a utility company

A natural monopoly occurs due to the high start-up costs or a large economies of scale.

Natural monopolies are usually the only company providing a service in a particular region  

Characteristics of natural monopolies  

1. they have a large fixed cost  

2. The firms have a low marginal cost

3. They occur naturally through the free market. It does not occur by government regulation or any other force

For local electricity-generating companies, as output increases, cost per unit falls. This is known as economies of scale

The Richmond Corporation uses the weighted-average method in its process costing system. The company has only a single processing department. The company's ending work in process inventory on August 31 consisted of 18,600 units. The units in the ending work in process inventory were 100% complete with respect to materials and 60% complete with respect to labor and overhead. If the cost per equivalent unit for August was $2.90 for materials and $4.40 for labor and overhead, the total cost assigned to the ending work in process inventory was: Multiple Choice $103,044 $81,468 $135,780 $86,676

Answers

Answer:

A. $103,044

Explanation:

Ending work in progress inventory = 18,600 units

Cost of equivalent unit for material = $2.90 per unit

Ending work in progress inventory i= 100% complete for material

Total cost of inventory for material = 18,600 units * $2.90 per unit

Total cost of inventory for material = $53,940

Cost of equivalent unit for labor = $4.40

Ending work in progress = 60% complete for labor

Cost of ending work in progress = $4.40 * 60% * 18,600

Cost of ending work in progress = $49,104

Total cost of ending work in progress inventory = $53,940 + $49,104

Total cost of ending work in progress inventory = $103,044

Turner's has $3.8 million in net working capital. The firm has fixed assets with a book value of $48.6 million and a market value of $54.2 million. Martin amp; Sons is buying Turner’s for $61.5 million in cash. The acquisition will be recorded using the purchase accounting method. What is the amount of goodwill that Martin amp; Sons will record on its balance sheet as a result of this acquisition?

a. $0
b.$3.5 million
c. $6.6 million
d. $7.2 million
e. $9.1 million

Answers

B. 3.5 million.
You’re welcome, wasn’t sure if you needed an explanation.

Current operating income for Bay Area Cycles Co. is $26,000. Selling price per unit is $100, the contribution margin ratio is 25% and fixed expense is $104,000. Required: 1. Calculate Bay Area Cycle's breakeven point in units and total sales dollars. Break-even units Break-even dollars 2. Calculate Bay Area Cycle's margin of safety and margin of safety ratio.

Answers

Answer:

Results are below.

Explanation:

First, we need to calculate the unitary contribution margin:

Unitary contribution margin= 100*0.25

Unitary contribution margin= $25

Now, we can calculate the break-even point in units and dollars:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 104,000 / 25

Break-even point in units= 4,160

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 104,000 / 0.25

Break-even point (dollars)= $416,000

Finally, the margin of safety in dollars as a ratio:

Current sales= (26,000 + 104,000) / 25

Current sales= 5,200

Margin of safety= (current sales level - break-even point)

Margin of safety= (5,200*100 - 416,000)

Margin of safety= $104,000

Margin of safety ratio= (current sales level - break-even point)/current sales level

Margin of safety ratio= 104,000 / 520,000

Margin of safety ratio= 0.2 = 20%

Ramblin’ Randy’s Dude Ranch’s daily total cost of accommodating overnight guests is given by TC = 100 + 5 Q. On the basis of this information, the average fixed cost, when there are 25 overnight guests, is:

Answers

Answer: 4

Explanation:

The average fixed cost is calculated as:

= Fixed cost / output

Since total cost is given as TC = 100 + 5Q, the fixed cost in this case is 100 as.it doesn't depend on output. In this case, 5Q is the variable cost.

Since average fixed cost is calculated as:

= Fixed cost / output

= 100 / 25

= 4

Therefore, the average fixed cost is 4

If the price of an airline ticket from SFO to LAS were to increase by 10%, from $100 to $110 roundtrip, while all other demand factors remain at their initial values, the quantity of rooms demanded at the Triple Sevens from rooms per night to rooms per night. Because the cross-price elasticity of demand is

Answers

Answer:

Quantity demanded declined to 250 rooms per night from 300 rooms per night.

Cross price elasticity of demand is negative.

Explanation:

Cross price Elasticity of demand = [change in quantity demand/ current demand] / [ % change in price]

Cross price elasticity of demand = {[300 - 250] / 300 } / 10

Cross price elasticity of demand is = -1.6

brooks is babysitting this summer while she is home from college. she puts the money in the bank every week. this illustrates one of the advantages of money over bartering, which is

Answers

Answer:

it can be stored overtime

Explanation:

On Jan 1 2020, Ethan Corporation issued 12% bonds with a face value of $4,000,000. These bonds mature in ten years, and interest is paid semiannually on June 30 and December 31. The bonds were sold for $4,498,490 to yield 10%. Ethan uses a calendar-year reporting period. Using the effective-interest method of amortization, what amount of interest expense should be reported for 2020

Answers

Answer:

Ethan Corporation

Using the effective-interest method of amortization, the amount of interest expense that should be reported for 2020 is:

= $449,096

Explanation:

a) Data and Calculations:

Face value of bonds issued = $4,000,000

Issue price of the bonds =         4,498,490

Premium on the bonds =            $498,490 ($4,498,490 - $4,000,000)

Coupon interest rate = 12%

Effective interest rate = 10%

Interest payments = June 30 and December 31

June 30:

Cash payment for bond interest = $240,000 ($4,000,000 * 6%)

Interest expense =                            224,925 ($4,498,490 * 5%)

Amortization of bond premium =      $15,075 ($240,000 - $224,925)

Bonds value = $4,483,415 ($4,498,490 - $15,075)

December 31:

Cash payment for bond interest = $240,000 ($4,000,000 * 6%)

Interest expense =                              224,171 ($4,483,415 * 5%)

Amortization of bond premium =      $15,829 ($240,000 - $224,171)

Bonds value = $4,467,586 ($4,483,415 - $15,829)

Interest expense for 2020 = $449,096 ($224,925 + $224,171)

process which is followed to monitor the movement of stock in a company

Answers

Answer:

it known as stock control

Jack asked Jill to marry​ him, and she has accepted under one​ condition: Jack must buy her a new ​$ ​Rolls-Royce Phantom. Jack currently has ​$ that he may invest. He has found a mutual fund with an expected annual return of ​% in which he will place the money. How long will it take Jack to win​ Jill's hand in​ marriage?

Answers

Answer: 47.8 years

Explanation:

Jack is trying to make up to $330,000 from $50,680 at a rate of 4%.

The relevant formula is the future value formula as Jack is trying to get to a certain amount in future:

330,000 = 50,680 * ( 1 + 4%) ^ number of years

1.04 ^ number of years = 330,000 / 50,680

1.04 ^ N = 6.51144435674822

Use the natural logarithm:

N * In (1.04) = In (6.51144435674822)

N * 0.039220713153281 = 1.873561299007586979

N = 1.873561299007586979 / 0.039220713153281

= 47.8 years

A region is in the middle of a very cold and snowy winter. As a result, hot chocolate has become more desirable, and many of the shipping channels for imported goods have closed due to the weather. What will happen to the price and quantity sold of hot chocolate made with imported cocoa?1) Price and quantity will both increase2) Price will increase and the effect on quantity cannot be determined3) Price will increase and quantity will decrease4) Neither the effect on quantity nor the effect on price can be determined

Answers

Answer:

2

Explanation:

As a result of the weather, the demand for chocolate increases. the demand curve shifts to the right. there is an increase in equilibrium price and quantity

As a result of the channels closing, the supply of imported cocoa falls. As a result, supply decreases. the supply curve shifts to the left

On September 15, Jerome, Inc., paid $8,900 to make a long-term investment in available-for-sale securities by purchasing notes of Topper, Inc.
Complete the necessary journal entry.

Answers

Answer and Explanation:

The journal entry is shown below:

Long term investment - AFS $8,900

    To Cash $8,900

(Being cash paid is recorded)

here long term investment is debited as it increased the assets and credited the cash as it decreased the assets  

Answer:

Date                  Account Title                                          Debit             Credit

Sept. 15             Investment in Available For Sale        $8,900

                         Security

                         Cash                                                                             $8,900

Cash will be credited to recognize that it reduced on account of it being used to pay for the investment. The investment will be treated as an asset so it will be debited to recognize that it is an increase.

Bottum Corporation, a manufacturing Corporation, has provided data concerning its operations for May. The beginning balance in the raw materials account was $22,500 and the ending balance was $41,000. Raw materials purchases during the month totaled $68,000. Manufacturing overhead cost incurred during the month was $113,500, of which $2,500 consisted of raw materials classified as indirect materials. The direct materials cost for May was:

Answers

Answer:

the direct material cost is $47,000

Explanation:

The computation of the direct material cost is shown below:

= Opening balance + purchase made - indirect material - closing balance

= $22,500 + $68,000 - $2,500 - $41,000

= $47,000

hence, the direct material cost is $47,000

The same should be considered and relevant too

A foreign company (whose sales will not affect Benjamin's market) offers to buy 3,000 units at $6.40 per unit. In addition to variable manufacturing costs, selling these units would increase fixed overhead by $500 and selling and administrative costs by $200. If Benjamin accepts the offer, its profits will:

Answers

Answer:

Increase by $18,500

Explanation:

Data and Calculation

Sales                         $19,200

Less Expenses             $700

Net Income              $18,500

If Benjamin accepts the offer, its profits will: increase by $18,500

Other Questions
Please help meeee pleaseeee F(x)=-x^2-4 for x= -3 Can Someone Help Me Plz :) Please answer question 14 C at rhe bottom and i will mark u whatever u want One national survey found that 86 percent of those who were unhappily married, but who stayed with the marriage, were when reinterviewed five years later: Which of the following are valid names for the triangle below? Check all thatapply.KsEDoMA. ADKMB. AKMDC. ASKDD. KEE. AMDKF. ASKMO He put the book on the table, Which of the following sets of points are NOT coplanar? what is social wellbeing? Who created this piece of art? You want to be able to withdraw the specified amount periodically from a payout annuity with the given terms. Find how much the account needs to hold to make this possible. Round your answer to the nearest dollar. Regular withdrawal: $1200 Interest rate: 2.5% Frequency monthly Time: 26 years what is the account balance? Write a compound inequality to represent all of the numbers between -4 and 6. helppppppppppppppppppppppppppppppppppppppp make b the subject of the formulaA=1/2bh If a client decides they will fully adopt ICD-10 everywhere within their core administration system then we are dealing with a _______. Type the correct answer in each box. The volume of a cube is given by and the total surface area of a cube is given by , where s is the side length of the cube. If the side length of a cube is 5 inches , the volume of the cube is ____ cubic inches and its total surface area is ____ square inches. How does the Wart know immediately that the sword in the stone is no ordinary sword? *Your answer The poor lavished money on rich artifacts or dynastic portraits in part because these objects werea way of communicating their exclusiveness and social power to their contemporaries.TrueFalse What is the slope and y-intercept of the following equation: = 13 4 (show your work pls) Simplify 5^3 x 5^4 5^125^725^1225^7Please help ASAP. Please. The answer is one of those above.