Short-run speculation in currencies can create self-fulfilling prophecies, at least for a time, where an expected appreciation leads to a stronger currency and vice versa.
In currency markets, speculators often take short-term positions based on their expectations of future currency movements. When speculators collectively anticipate that a currency will appreciate in value, they start buying that currency, increasing its demand and driving up its price. This, in turn, leads to an actual appreciation of the currency.
The initial speculation creates a feedback loop, where the expected appreciation strengthens the currency, reinforcing the speculators' expectations and attracting more investors to buy the currency. This process can continue until market conditions or other factors reverse the trend.
Similarly, when speculators expect a currency to depreciate, they sell that currency, increasing its supply and putting downward pressure on its value. This expected depreciation can become a self-fulfilling prophecy as the currency weakens in response to the selling pressure.
However, it's important to note that short-run currency speculation is subject to various factors and can be influenced by market sentiment, economic indicators, geopolitical events, and central bank actions. While self-fulfilling prophecies can occur in the short term, long-term currency value is ultimately determined by fundamental factors such as economic growth, interest rates, inflation, and trade balances.
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On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $83,540 in assets in exchange for its common stock to launch the business. On December 31, the company’s records show the following items and amounts.
Cash: $12,650 Accounts Recieveable: $13,520 Office Supplies: $2,850 Office Equipment: $17,530 Land: $45,940 Accounts Payable: $8,110 Common Stock: $83,540 Cash Dividends: $1,570 Consulting Revenue: $13,520 Rent Expense: $3,110 Salaries Expense: $6,490 Telephone Expense: $850 Miscellaneuos Expense: $660
3. Use the above information to prepare a December 31 balance sheet for Ernst Consulting.1. Using the above information prepare a December income statement for the business.
2. Using the above information prepare a December statement of retained earnings for Ernst Consulting. Hint: Retained Earnings on December 1 was $0.
The balance sheet equation (Assets = Liabilities + Owner's Equity) should balance in this case.
To prepare the requested financial statements for Ernst Consulting, we can use the information provided.
December Income Statement for Ernst Consulting:
Consulting Revenue: $13,520
Rent Expense: $3,110
Salaries Expense: $6,490
Telephone Expense: $850
Miscellaneous Expense: $660
Net Income = Consulting Revenue - Rent Expense - Salaries Expense - Telephone Expense - Miscellaneous Expense
Net Income = $13,520 - $3,110 - $6,490 - $850 - $660
Net Income = $2,410
December Statement of Retained Earnings for Ernst Consulting:
Beginning Retained Earnings: $0 (since it is the first month of operations)
Net Income: $2,410
Cash Dividends: $1,570
Ending Retained Earnings = Beginning Retained Earnings + Net Income - Cash Dividends
Ending Retained Earnings = $0 + $2,410 - $1,570
Ending Retained Earnings = $840
December 31 Balance Sheet for Ernst Consulting:
Assets:
Cash: $12,650
Accounts Receivable: $13,520
Office Supplies: $2,850
Office Equipment: $17,530
Land: $45,940
Liabilities:
Accounts Payable: $8,110
Owner's Equity:
Common Stock: $83,540
Retained Earnings: $840
Total Liabilities and Equity = Liabilities + Owner's Equity
Total Liabilities and Equity = $8,110 + $83,540 + $840
Total Liabilities and Equity = $92,490
The balance sheet equation (Assets = Liabilities + Owner's Equity) should balance in this case.
Note: The income statement and statement of retained earnings provide information for a specific period (in this case, the month of December), while the balance sheet represents the financial position of the business at a specific point in time (December 31).
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The income statement shows a net income of $2,410, the balance sheet shows total assets of $92,490 equating the sum of liabilities and stockholders' equity. The retained earnings statement shows an ending balance of $840.
Explanation:To calculate the income statement, balance sheet, and statement of retained earnings, we must organize the financial data given.
Income StatementConsulting Revenue: $13,520Total Expenses (Rent + Salaries + Telephone + Miscellaneous): $3,110 + $6,490 + $850 + $660 = $11,110Net Income (Revenue - Expenses): $13,520 - $11,110 = $2,410Balance SheetAssets (Cash + Accounts Receivable + Office Supplies + Office Equipment + Land): $12,650 + $13,520 + $2,850 + $17,530 + $45,940 = $92,490Liabilities (Accounts Payable): $8,110Stockholders' Equity (Common Stock + Retained Earnings): $83,540 + (Net Income - Dividends) = $83,540 + ($2,410 - $1,570) = $84,380Statement of Retained EarningsBeginning Retained Earnings: $0Add: Net Income: $2,410Less: Dividends: $1,570Ending Retained Earnings: $840Learn more about financial statement preparation here:https://brainly.com/question/34893762
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PLEASE HELP!!! WILL GIVE BRAINLIEST
Celena is interested in working in the biotechnology field one day and wants to start exploring and learning more about the field in general right now. What career cluster should Celena begin investigating in order to learn more about working in biotechnology?
A.
finance
B.
agriculture, food, and natural resources
C.
architecture and construction
D.
education and training
Answer:
The answer is B
Explanation:
Please give me Brainliest. Thank you!
Answer:
B
Explanation:
provide evidence as to how MultiChoice uses their SuperSport offering as a core competency.
The way that MultiChoice uses their SuperSport offering as a core competency is by attracting a huge audience thanks to the wide range of sports offering.
How is SuperSport a core competency?SuperSport offers comprehensive coverage of lively sports events featuring widely acclaimed matches including football, rugby, cricket and other such sports. Moreover, live showings, replays, insightful highlights and pre/post-match analyses are integral components of their broadcast package strategy. Such abundant sports coverage is a paramount reason for SuperSport to take center stage as compared to other TV networks in Africa.
Being the exclusive rights holder to broadcast Africa's renowned sporting events including the English Premier League, UEFA Champions League along with the most sought-after event- The Africa Cup of Nations; sets SuperSports apart from its rivals which provides MultiChoice with an unparalleled advantage over competitors and aids attracting and sustaining customers loyal to their programming model.
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Susan Robinson is planning for her retirement. She is 30 years old today and would like to have $600,000 when she turns 55. She estimates that she will be able to earn a 9 percent rate of return on her retirement investments over time; she wants to set aside a constant amount of money every year (at the end of the year) to help achieve her objective. How much money must Robinson invest at the end of each of the next 25 years to realize her goal of 600,000 at the end of that time?
Susan Robinson, who is currently 30 years old, wants to accumulate $600,000 by the time she turns 55 for her retirement. She anticipates earning a 9 percent rate of return on her retirement investments. To achieve this goal, Susan needs to determine the amount she must invest at the end of each year for the next 25 years.
To calculate the amount Susan needs to invest each year, we can use the concept of present value and annuity. The present value of an annuity formula can be applied in this scenario. Given that Susan wants to accumulate $600,000 in 25 years and expects a 9 percent rate of return, we can use the following formula:
PMT = PV / [(1 - (1 + r)^(-n)) / r]
Where:
PMT = Annual payment
PV = Present value or target amount ($600,000)
r = Interest rate per period (9% or 0.09)
n = Number of periods (25 years)
Substituting the values into the formula, we can calculate the annual payment required for Susan:
PMT = $600,000 / [(1 - (1 + 0.09)^(-25)) / 0.09]
Calculating this expression will give us the annual payment Susan needs to make to accumulate $600,000 by the time she turns 55.
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What are the basic forms of competition? Discuss
Answer:
Explanation:
La educación por competencias ha resurgido en todo el mundo con gran fuerza desde finales del siglo pasado. Las reformas del sistema educativo mexicano emprendidas en la última década y que comprenden todos los niveles tienen un elemento en común: un currículo con un enfoque basado en competencias. Al igual que en otros países, en México estamos viviendo una efervescencia por las competencias; no obstante, la confusión y la incertidumbre parecen ser el signo distintivo de estas reformas. Es cierto que el concepto de competencias es polisémico y complejo, que no existe una teoría unificada que sustente este enfoque y que carecemos de experiencia en la puesta en práctica de un currículo basado en competencias. Si a esto le sumamos la dificultad propia que entraña la evaluación del aprendizaje, diremos que las condiciones están puestas para que la ambigüedad y el desconcierto reinen en los centros educativos, tal como está sucediendo. Este artículo tiene como objetivo contribuir al debate teórico actual en torno a la evaluación de competencias, así como aportar algunos rudimentos de tipo metodológico que permitan a los profesores mejorar sus concepciones y prácticas de evaluación.
Palabras clave: educación por competencias, evaluación de competencias, currículo basado en competencias, aprendizaje por competencias.
when a product or service is delivered to a customer that previously paid in advance, the delivery is recorded as:
Answer:There is a debate about whether the students in business education are "customers" or products that need to be branded.
Explanation:
HELP! 40 points! MERRY ALMOST CHRISTMAS! ☃️
Answer:
What is Money received regularly for work or through investments? Income
What is the term for an individual, who conceives of, establishes, operates, and the risks of a business?entrepreneur
What is a business cost that increases or decreases, such as labor? Variable cost
What is Money earned per hour, can include overtime?Wages
What is a business cost that remains the same, such as rent?Fixed cost
What are Usually given to full-time employees, can include health insurance, life in paid vacation? Benefits
What is money earned yearly (but usually paid weekly or monthly), can include bonuses?Salary
What is Total pay or earnings before any deductions have been taken?Gross income
Describe the major components of business conduction plan.
Helppp AHHHH
Answer:
Heya there!
Here's ya answer.
Executive summary Business description and structure Market research and strategiesManagement and personnel Financial documents Founder (team) and business leadershipCo-workers and business coordinationExplanation:
John would like to contact several trade associations, but he's not sure where to look for information. What is the most efficient way for John to find the
information he wants?
A. Search the D&B Database.
B. Contact the SBA.
C. Ask a librarian.
D. Check out hoovers.com.
The most efficient way for John to find information about trade associations would be to search the A. D&B Database.
How can John find information on trade associations ?The D&B (Dun & Bradstreet) database is a comprehensive business database that includes information on millions of companies, including trade associations. John can search for trade associations using keywords or industry codes to find the information he needs.
Both the D&B Database and hoovers.com are reliable sources of business information and can help John efficiently locate the trade associations he's interested in.
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You work in the editorial department of the National Park Service (NPS). Based on the document shown, which new NPS document must be written in plain language?
Based on the document shown, the new NPS document that must be written in plain language is the accessibility guidelines.
The document provided discusses the need for plain language in NPS publications and states that all new and revised NPS documents must follow plain language guidelines. However, it specifically mentions that the accessibility guidelines need to be written in plain language to ensure that all visitors can easily understand and access park resources.
Identify the document mentioned in the question.
1. Carefully review the documents provided by the National Park Service (NPS).
2. Look for any indication or directive stating that a particular document needs to be written in plain language.
3. Once you have identified the document, make a note of its title and any relevant information.
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What does it mean to short, or sell short a stock
Answer:
One way to make money on stocks for which the price is falling is called short selling (or going short). Short selling is a fairly simple concept—an investor borrows a stock, sells the stock, and then buys the stock back to return it to the lender. Short sellers are betting that the stock they sell will drop in price.
Explanation:
Hope it helps
(true) or (false)? when a preference in bankruptcy exists, there is no preference of one creditor over other creditors.
The statement "when a preference in bankruptcy exists, there is no preference of one creditor over other creditors" is false because when a preference in bankruptcy exists, it means that one creditor has received preferential treatment over other creditors.
This happens when a debtor repays one creditor in full or transfers assets to one creditor shortly before filing for bankruptcy while leaving other creditors with less or nothing.
The preference is seen as unfair because it gives the preferred creditor an advantage over others and reduces the debtor's estate available to pay all creditors.
To prevent this unfairness, bankruptcy law allows the trustee to avoid or undo certain preferential transfers and recover the transferred property or its value. The recovered property or value is then distributed fairly among all the creditors.
The purpose of avoiding preferences is to promote equality among creditors and prevent any creditor from receiving more than they are entitled to receive.
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Number one victory Royale yeah fork knife we about to get down get down 10 kills on the board right now oh no my just got downed I revived him now we’re heading south bound.......
10 points
Answer:
Now we're in the Pleasant Park streets
Look at the map, go to the marked sheet
Should High School make it mandatory for all students to wear school uniforms each day to school?
Answer:
Explanation:
No i believe that students should not have to wear uniform to school it should be up to students
Oligopolies are comprised of ______. multiple choice question.
a. hundreds of large producers
b. a few large producers
c. thousands of large producers
d. one large producer
(b). A few large producers.
Oligopolies are comprised of a few large producers.
An oligopoly is a market structure with not many firms, none of which can keep the others away from having an enormous effect. The center extent appraises the slice of the pie of the greatest firms.
A monopoly market with a single maker, a duopoly has two firms, and an oligopoly comprises at least two or more firms. There is no exact furthest cutoff to the number of firms in an oligopoly, however, the number should be low and adequate that the activities of one firm essentially impact the others.
This market comprise four main characteristics are:-
Not many Firms with an Enormous Piece of the pie.
High Obstructions to Passage.
Interdependence
More Effective.
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How does a command economy differ from a mixed market economy?
A. In a command economy, citizens have fewer property rights. In a mixed market economy, citizens have more property rights.
B. In a command economy, citizens have more property rights. In a mixed market economy, citizens have fewer property rights.
C. In a command economy, citizens own all public property. In a mixed market economy, the government owns all private property.
D. In a command economy, citizens own all private property. In a mixed market economy, the government owns all public property
Answer:
A mixed economy is partly run by the government and partly as a free market economy, which is an economic system that includes no government intervention and is mainly driven by the law of supply and demand . A command economy is an economic system where the government has control over the production and pricing of goods and services.
Explanation:
What reasons might people have to go into debt? Give two examples.
HRGGGGGHH
Answer:
There are several reasons we accumulate debt, like paying for unforeseen emergencies or unemployment.
If you find yourself part of a team at work , what is the best way to behave during a team meeting ?
Answer:
there was no multiple choice but i took the test the answer is stay focused on the topic and make your contributions are relevant
Explanation:
Answer: Stay focused on the topic and make sure your contributions are relevant
Explanation: APEX
Why do you want to work at Grocery Outlet? What skills make you a good fit for our team?
Answer:
Explanation:
Assuming this is a question for an interview and "Grocery Outlet" is a grocery store then I would say the following.
I am a very outgoing and friendly person which allows me to approach others with ease, and this in term helps me easily close many sales. Convincing customers that their best interest is to buy a specific product comes easy to me and would be of great value to the store, that is why I believe I will be a great asset If I am hired to work at Grocery Outlet.
Select a single stock issue, then perform each of the ratio valuations, covered in the lesson. Compare the information and make a recommendation on the value of the stock, and whether it is a good investment. Your submission must list the name of the stock, the data. The information was obtained, the source from which the information was drawn, and a list of each of the ratio models, showing the results. Also, prepare a narrative of at least two paragraphs that analyzes your findings and indicates your recommendations.
We should note that stock valuation helps to predict the future price or potential market prices for the investors to time their sales or purchase of investments. Its values the intrinsic value of the stock that shows the profitability of the business and its future market value.
What is the stock valuation of Apple Inc?In this context, let's assume we're analyzing Apple Inc. (AAPL), a technology company that designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players.
One key ratio valuations that investors might use to assess the value of AAPL is Price-to-earnings ratio (P/E ratio). This ratio compares the current stock price to the company's earnings per share (EPS). A high P/E ratio suggests that investors are willing to pay a premium for the stock based on its earnings potential.
To calculate the P/E ratio for AAPL, we would divide the current stock price by the company's EPS. As of 2022, AAPL had a P/E ratio of around 28, which is slightly higher than the industry average of around 24.
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List down possible career opportunities in the following career areas in TLE (at least 5 for each) a) Agriculture b) Horticulture c) Handicrafts d) Cookery
These are just a few examples of the many jobs available at TLE. He holds a variety of management and consulting roles for those interested in agriculture and horticulture, agriculture, marketing and agricultural research
a) Agriculture:
1. Agricultural Scientist
2. Crop Production Manager
3. Livestock Business Manager
4. Agricultural Economist
5.Agricultural Consultant
b) Gardening:
1. Gardener
2. Landscape Architect
3. Nursery Manager
4. Arborist
5.
Glass Blower
d) Cookery:
1. Cook
2. Catering Manager
3. Restaurant Owner/Manager
4. Catering Manager
5.Pastry Chef
Crafts offer design and art for people who love to design and craft, while cooking has many roles in the food industry, from chefs to restaurant managers to rice and owners. There are also many opportunities for entrepreneurs and business owners in each of these sectors. With increasing emphasis on sustainability and local production, these areas are likely to continue to grow and evolve, offering more opportunities for TLE enthusiasts.
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If the required rate of return on a bond is less than the bond's coupon interest rate, then the bond is valued at
par value
a discount
a premium
the coupon payment
If the required rate of return on a bond is less than the bond's coupon interest rate, then the bond is valued at a premium (option C).
A bond is a fixed-income security that pays interest in installments to investors. The bond's issuer pays a fixed rate of interest to the investor, which is determined by the bond's par value and coupon rate. The par value, also known as the face value, is the bond's worth when it matures.
The coupon rate is the rate of interest that the bond's issuer pays to the bond's holder each year, calculated as a percentage of the bond's face value. When a bond's coupon rate exceeds the required rate of return, the bond is referred to as a premium bond.
A bond is referred to as a premium bond if the coupon rate is higher than the required rate of return on the bond. Premium bonds are sold at a price greater than their face value because their interest rates are greater than the rates being offered in the market at the time they were issued. As a result, bondholders get a larger return on their investment, which is reflected in the bond's higher price.
In a nutshell, a bond is valued at a premium when the interest rate is greater than the required rate of return. Option C is the correct answer.
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Based on your understanding of the SARS case study, answer the following questions: In your opinion, what could be the possible reasons of a sudden outbreak of new disease? What are the ways of addressing a new and virulent contagious disease? Discuss in detail about the countries, which have faced epidemics in the past. What would have been the possible reasons for such outbreaks?
Possible reasons for a sudden outbreak of a new disease: Zoonotic transmission: Many infectious diseases originate in animals and can jump to humans, especially when there is close contact or consumption of infected animals or their products.
Environmental factors: Changes in ecosystems, deforestation, urbanization, and climate change can contribute to the emergence and spread of new diseases by altering the interactions between humans, animals, and the environment. Global travel and trade: The ease and frequency of international travel and trade can rapidly spread infectious diseases across borders, making containment challenging. Lack of healthcare infrastructure: Inadequate healthcare systems, lack of access to medical facilities, and poor hygiene practices can contribute to the rapid spread of diseases. Ways of addressing a new and virulent contagious disease: Early detection and surveillance: Quick identification of the disease and monitoring its spread through surveillance systems allows for timely response and containment measures.
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Select the correct answer.
What is the last step in the market research process?
O Apresenting findings
O B. analyzing information
O c. making decisions
OD. developing a research plan
O E. identifying the problem
Reset
Ne
Answer:
c. making decisions
Explanation:
The last step in marketing research is decision making. This step involves presenting findings, drawing conclusions, and deciding on the course of action to take.
The objective of any research is the get solutions to a challenge. The time and resources used in the research will go to waste if the recommendations are not implemented. While all the research steps are critical, failing to act on the findings makes the entire process worthless. Market research is a strong input to a business decision.
Answer:
uhm see now making a decision is the last thing to do
Explanation:
y bc uh u plan then decide
What is the difference between elastic and inelastic demand? Give 5 points?
Explanation:
Elastic demand means there is a substantial change in quantity demanded when another economic factor changes )
inelastic demand means that there is only a slight (or no change) in quantity demanded of the good or service when another economic factor is changed.
each state has an ot professional organization which is ____ aota
Each state has an professional organization which is independent from AOTA (American Occupational Therapy Association).
State-level occupational therapy professional organizations exist in each state to serve the needs and interests of occupational therapy practitioners within that specific state.
These organizations function at the local level and focus on addressing state-specific issues, advocating for occupational therapy professionals, and promoting the advancement of the field within their respective states.
While AOTA is the national professional association for occupational therapy in the United States, state-level organizations provide a more localized platform for practitioners to collaborate, network, and engage in professional development activities within their own state.
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A new parent-focused website is adding a blog to attract readers. Which of the following elements are likely to be discussed at the project plan approval meeting?
a.)
The editing guidelines document for the new blog
b.)
Preferred methods for communicating schedule changes
c.)
A list of topics that will be covered each week in the new blog
d.)
A review of the number of days assigned to testing the changes to the website
Answer: d
Explanation: :()
Please answer this question...
Did you eat today? if you haven't please find something to eat and take care of yourself :)
Answer: yes! Aww thanks, you too :))
Explanation: have a great day!!
Answer:yes i did thank you for caringgggggggggg have a good day^.^
Explanation:
What were the two primary opportunities for women in europe during the middle ages?.
Work and Education were the two primary opportunities for women in Europe during the middle ages.
What is primary?First or highest place or importance. A major goal in his life. First in each row, sequence, etc. in order. first in time. earliest; primitive; Principal Use means the principal or primary use of property, building, or structure. Primary or primary education is usually the first level of formal education after preschool/kindergarten and before secondary school. Primary education takes place in elementary school, elementary school, or primary and secondary school, depending on location. The International Standard Classification of Education considers primary education to be a single-stage programme, and programs are typically designed to provide basic reading, writing and mathematics skills and provide a solid foundation for learning . This is ISCED Level 1: The first level of primary or basic education.To learn more about primary from the given link :
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Suppose GoSports pennant monopoly is broken up and the pennant industry becomes perfectly competitive. It would be expected that the_would increase from the breakup and the would decrease from the breakup. a. producer surplus; consumer surplus and total surplus b. consumer surplus; producer surplus and total surplus C. consumer surplus and total surplus; producer surplus d. producer surplus and total surplus; consumer surplus
If GoSports pennant monopoly is broken up and the pennant industry becomes perfectly competitive, it would be expected that the consumer surplus would increase from the breakup and the producer surplus would decrease from the breakup.
In a monopoly, the producer has the power to set prices higher than the cost of production, which results in a decrease in consumer surplus and an increase in producer surplus. However, in a perfectly competitive market, the producer has no power to set prices and has to sell at the market price, which is determined by the forces of demand and supply. This leads to a decrease in producer surplus as they can no longer charge higher prices, but an increase in consumer surplus as they can buy the product at a lower price.
Therefore, option B (consumer surplus; producer surplus and total surplus) is the correct answer as it takes into account the increase in consumer surplus and the decrease in producer surplus after the breakup of the GoSports pennant monopoly.
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