What is the transaction gain or loss of a 100,000 South African
rand accounts payable if the rand exchange rate increases from 14.5
to 15.5 USDZAR?
8. What is the transaction gain or loss of a 100,000 South African rand accounts payable if the rand exchange rate increases from 14.5 to 15.5 USDZAR? ?????
Answers
The transaction gain or loss of 100,000 South African Rand accounts payable if the Rand exchange rate increases from 14.5 to 15.5 USDZAR is 6,900 South African Rand.
A transaction gain or loss refers to a gain or loss incurred as a result of exchange rate fluctuations. In this context, a transaction gain or loss on 100,000 South African Rand accounts payable if the Rand exchange rate increases from 14.5 to 15.5 USDZAR is calculated as follows:
100,000 South African Rand exchange rate increase from 14.5 to 15.5 USDZAR
The transaction gain or loss on 100,000 South African Rand accounts payable if the Rand exchange rate increases from 14.5 to 15.5 USDZAR is calculated as follows:
1: Calculate the rate of exchange gain or lossExchange rate gain or loss = (New rate - Old rate)/Old rate.Exchange rate gain or loss = (15.5 - 14.5)/14.5=1/14.5 = 0.069 or 6.9% (Approx.)
2: Calculate the transaction gain or loss.
Transaction gain or loss = 100,000 x 6.9/100= 6,900 South African Rand (Approx.)
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Related Questions
when sponsors enter into partnerships with sport organizations, they must realize that additional activation spending will be required to leverage the sponsorship effectively. group of answer choices true false
Answers
When sponsors enter into partnerships with sport organizations, they must realize that additional activation spending will be required to leverage the sponsorship effectively. So, the given statement is True.
The act of monetarily or by the giving of goods or services supporting an occasion, activity, person, or organisation is known as sponsoring something (or someone). The sponsor is the person or entity that offers the support; it functions similarly to a benefactor. Sponsorship is the payment of money or goods in exchange for access to a property's commercially exploitable potential (usually in the fields of sports, the arts, entertainment, or charitable causes).
Contrary to generosity, sponsorship is carried out with the hopes of generating a financial profit, even when the sponsoree (the item being sponsored) may be a nonprofit.
While sponsorship can boost brand recognition, purchasing propensity, and awareness, it differs from advertising in these ways. Sponsorship cannot convey specific product features, in contrast to advertising. It also cannot serve as sponsorship on its own.
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Which of the following is not an outcome of providing more responsive customer care?
Multiple Choice
reduced customer turnover
greater profits
stronger word-of-mouth
higher brand loyalty
reduced competiton
Answers
Answer:
reduced competiton
Explanation:
The outcome i.e. not providing more responsive customer care is decrease competition.
The following are the outcomes are provided more responsive customers:
The turnover of the customer decreased. High profits. Worth of mouth is stronger. High brand loyalty.Therefore we can conclude that The outcome i.e. not providing more responsive customer care is decrease competition.
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Suppose an economist tests the theory that when the price of leather increases, fewer pairs of shoes are produced. He observes more shoes being produced when the price of leather increases. At the same time, a new production technology allowed for more shoes to be produced in less time. He has
Answers
"Suppose an economist test the theory that when the price of leather increases, fewer pairs of shoes ..."His observations invalidate the testability of his hypothesis since they go against the ceteris paribus premise. This is further explained below.
What is an economist?Generally, an economist is simply defined as a professional in economics.
In conclusion, To illustrate, "let's say an economist investigates the hypothesis that higher leather costs lead to fewer shoe purchases." Since his findings contradict the ceteris paribus premise, his hypothesis cannot be tested.
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Discuss about the main types of fish available in Nepal.
Answers
Answer:
There are many types of fish in nepal but and seven of the major types are:-Mola carplet (Amblypharyngodon mola)
Mola carplet (Amblypharyngodon mola)Bighead carp
Mola carplet (Amblypharyngodon mola)Bighead carp Jaya or Mara
Mola carplet (Amblypharyngodon mola)Bighead carp Jaya or Mara Aspidoparia morar
Mola carplet (Amblypharyngodon mola)Bighead carp Jaya or Mara Aspidoparia morarBarred baril
Barnaby baril
Hamilton's barila
Explanation:
I am sure to will get 6 marks out of 6 marks if you submit this answer!
A(n)
is a tax issued by the federal government on imported goods.
sales tax
tariff
excise tax
Answers
Answer: tariff
Explanation:
I took the test
A salesperson receives a base salary of $1,200 per month plus a commission of 6 percent on each sale. The following sales were made this month:
Sale 1 $6,500
Sale 2 $10,320
Sale 3 $700
Sale 4 $1,180
Sale 5 $29,000
Calculate this month's total carnings.
Answers
Answer:
$4062
Explanation:
base salary of $1,200
+ 6% of each sale
so $1,200 + $390 + $619.20 + $42 + $70.80 + $1,740
=$4062
This month's total earnings for the salesperson are $4,062.
To calculate the salesperson's total earnings for the month, we need to calculate the commission for each sale and then sum it up along with the base salary.
Base Salary = $1,200 per month
Commission = 6% on each sale
Let's calculate the commission for each sale:
Commission for Sale 1 = 6% of $6,500
= 0.06 * $6,500
= $390
Commission for Sale 2 = 6% of $10,320
= 0.06 * $10,320
= $619.20
Commission for Sale 3 = 6% of $700
= 0.06 * $700
= $42
Commission for Sale 4 = 6% of $1,180
= 0.06 * $1,180
= $70.80
Commission for Sale 5 = 6% of $29,000
= 0.06 * $29,000
= $1,740
Now, let's calculate the total commission earned:
Total Commission = $390 + $619.20 + $42 + $70.80 + $1,740
= $2,862
Finally, let's calculate the total earnings:
Total Earnings = Base Salary + Total Commission
= $1,200 + $2,862
= $4,062
Therefore, this month's total earnings for the salesperson are $4,062.
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Different things are important to you at different stages in life. For example, for a high school student, having a car may be the number one priority. As you get older your priorities change. Believe it or not, at some point in your life, you are going to want to think about retirement!
In Unit 6, the insurance unit, you learned about managing the risk of and insuring for the different stages of life. Now, we are looking at how to fund (invest for) similar stages of life. Just like with insurance, different types of considerations need to be made at each stage of life when you are investing.
After the successful completion of this assignment, you will be able to say:
I can describe the importance of estate planning and funding requirements for different stages of life.
I can explain the regulation of investments to protect consumers and investors.
I can compare and contrast long term retirement investments.
You are allowed only two completed attempts for this lesson. This activity will count for 30% of your grade in this unit.
Answers
It is crucial to think about estate planning and funding requirements as we move through different periods of life, to be aware of investment rules, and to pick the best long-term retirement investment options.
What makes self-management crucial for students?Students who have good self-control may stick to their goals and finish homework, prepare for exams, and pay attention in class. Developing a new professional skill or accomplishing a goal are examples of learning- or life-related goals that adults must reach.
How crucial are communication skills for students?Strong communication abilities ensure that students will always participate more actively in class. This contact will make it easier to comprehend the things being taught. Graduation improvements and eventual academic achievement would follow from this.
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On March 17th, Rollo's Antiques accepted a credit card for a $1,000 purchase. The credit card company charges a 2% service fee. The entry to record this transaction would include a A : credit to Service Charge Expense of $20. B : debit to Cash of $1,000. C : debit to Service Charge Expense of $20. D : credit to Cash of $980.
Answers
Answer:
C : debit to Service Charge Expense of $20
Explanation:
The complete journal entry used to record this transaction would be:
March 17, 202x, sales revenue
Dr Cash 980 (assuming the transaction is processed automatically)
Dr Service charge (or Credit card) expense 20
Cr Sales revenue 1,000
Since the credit card company is charging you a 2% commission ($20), we must consider it an expense. Remember that all expenses must be debited.
Drag each label to the correct location on the image.
Categorize the e-publications as a means of networking or as a storehouse of resources.
website
newsgroup
mail group
wiki
e-book
onll
Means of Networking
Storehouse of Res
Answers
Answer:
Means of Networking:
newsgroup (can be both a resource and a networking means, in that there are people you ask to find information)
mail group
onll (also can be both a resource and a networking means)
Storehouse of Res:
website
wiki
e-book
newsgroup
onll
Explanation:
Question 1. Microeconomics Theory Review Suppose that Olivia loves rice \( (\mathrm{R}) \) and beans \( (\mathrm{B}) \) such that her utility function is given by \[ U(R, B)=R^{1 / 4} B^{3 / 4} \] She receives an allowance from her dad of $20 each week. Luckily for her, rice and beans are cheap; rice and beans cost $1 and $2 per pound, respectively. 1) Specify two bundles of rice and beans for which Olivia is indifferent between. 2) What is the budget constraint? 3) What is the price ratio between rice and beans? 4) Graph the Budget Constraint. 5) What is the marginal rate of substitution between rice and beans? 6) The optimal relationship between rice and beans is derived when the marginal rate of substitution is equal to the price ratio. Use this relationship to determine the optimal allocation of rice and beans.
7) Graph the utility function on the graph with your budget constraint indicating the optimal allocation of rice and beans.
Answers
1) Bundles of rice and beans that Olivia is indifferent between are: Bundle 1: 5 pounds of rice and 2.5 pounds of beans. Bundle 2: 10 pounds of rice and 5 pounds of beans
2) The budget constraint is given by the equation:
\($$20 = P_R R + P_B B$$\)
Where\($P_R$ and $P_B$\)are the prices of rice and beans respectively.
Let\($P_R$ = $1 and $P_B$ = $2$.\)
Therefore, \($$20 = 1R + 2B$$or$$R+2B\)
=20
3) The price ratio between rice and beans is:\($$\frac{P_R}{P_B}=\frac{1}{2}$$\)
5) The marginal rate of substitution (MRS) between rice and beans is given by the ratio of the marginal utility of rice to the marginal utility of beans, which can be expressed as:
\($$MRS = \frac{MU_R}{MU_B}\)
\(=\frac{B}{3R}$$\)
6) The optimal relationship between rice and beans is derived when the MRS is equal to the price ratio.
\($$MRS\)= \(\frac{MU_R}{MU_B}\)
= \(\frac{B}{3R}\)
=\(\frac{1}{2}$$\)
Solving for B in terms of \($R$\):
\($$B = \frac{3R}{2}$$\)
Substituting this into the budget constraint: \($$R + 2 \times \frac{3R}{2} = 20$$\)
Simplifying:
\($$4R = 20$$.\)
Therefore, the optimal allocation of rice and beans is
$R = 5$ and
$B = 7.5$ pounds.
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henry suspects that some of his employees have been stealing from his company. he purchases a commercial crime insurance policy, which will cover any losses that actually occur during the policy period. under which coverage form of commercial crime insurance is henry's company insured?
Answers
Loss-Sustained form of commercial crime insurance henry's company insured.
The required details about commercial crime insurance is mentioned in below paragraph.
Insurance against business-related crimes, such as employee theft, forgery, robbery, and technological crime, protects against monetary damages. It is a kind of business insurance that offers protection for the company under the following types of policy: Employee dishonesty in Form A may be written as scheduled insurance or on a blanket insurance basis and covers money, securities, and other properties.
What are the commercial crime policy's exclusions?
The following things are not covered by commercial crime insurance: theft, misdemeanors, or other wrongdoing by you or your company partners. Additionally, it excludes any activities taken by personnel who colluded with one of your partners.
Thus, Henry company is insured under Loss-Sustained form.
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Operational definition
Prejudice and Discrimination (100-word minimum
Answers
Prejudice can be operationally defined as a preconceived opinion or attitude toward individuals or groups, usually based on their perceived characteristics, such as race, ethnicity, religion, gender, or social class.
Discrimination can be operationally defined as the unjust or prejudicial treatment of individuals or groups based on their actual or perceived characteristics, such as race, ethnicity, religion, gender, or social class.
Prejudice refers to the negative attitudes, beliefs, or opinions that people hold about others without sufficient evidence or knowledge.
It involves making judgments and forming opinions about individuals or groups based on stereotypes or generalizations.
Prejudice can manifest in various ways, such as through stereotypes, biases, or irrational fears.
Discrimination, on the other hand, involves the actions or behaviors that result from prejudice.
It refers to the unfair or unjust treatment of individuals or groups based on their actual or perceived characteristics.
Discrimination can occur in different contexts, including employment, housing, education, healthcare, and social interactions.
It can take the form of exclusion, denial of rights, unequal opportunities, or mistreatment.
Prejudice and discrimination are interconnected concepts that contribute to social inequality and injustice. Prejudice forms the basis for discrimination, as it influences how individuals or groups are treated and the opportunities they have access to.
Operational definitions of prejudice and discrimination help us understand and measure these phenomena in research and real-world contexts, allowing for the identification and development of strategies to address and mitigate their negative impact.
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the following annual costs are associated with three new extruder machines being considered for use in a styrofoam cup plant:
Answers
The annual costs associated with the three new extruder machines being considered for use in a styrofoam cup plant need to be provided in order to give a clear and concise answer.
To determine the costs associated with the three extruder machines, we would need to know the specific costs involved. This could include the purchase price of each machine, the cost of installation, any maintenance or repair costs, and any additional operating expenses. Once we have these costs, we can calculate the total annual cost for each machine by adding up all the expenses. This will give us a clear understanding of the financial implications of each machine.
Additionally, it's important to consider the expected lifespan of the machines and their potential productivity. A more expensive machine may have a longer lifespan and higher productivity, resulting in lower costs in the long run.Ultimately, the decision on which extruder machine to choose will depend on the specific costs associated with each machine and the long-term benefits they provide.
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Checking off tasks as they are completed is which step in creating an effective assignment notebook?
Step 1
Step 2
Step 3
Step 4
Answers
Answer:
Step 2
Explanation:
Answer:
Step 4
Explanation:
Hem and Nem are partners in a firm sharing profits in the ratio of 3:2. Their capitals were 80,000 and 60,000 respectively. They admitted Sam on Jan 1, 2019 as a new partner for 1/5th share in the future profits. Sam brought 60,000 as his capital.Calculate the value of goodwill of the firm and record necessary journal entries when Sam brings his share of goodwill in cash.
Answers
Answer:
Sam's capital account = $60,000 (for 1/5 of the firm)
the firm's total value = $60,000 x 5 = $300,000
goodwill = $300,000 - ($60,000 + $80,000 + $60,000) = $100,000
Hem's share of goodwill = ($80,000 / $140,000) x $100,000 = $57,143
Nem's share of goodwill = $100,000 - $57,143 = $42,857
the journal entry used to record goodwill:
Dr Goodwill 100,000
Cr Hem, capital, 57,143
Cr Nem, capital, 42,857
Cost Approach to Value
There are five basic steps to the cost approach:
1. Estimate the value of the site as if vacant.
2. Estimate the reproduction cost or replacement cost (new) of all the improvements (excluding any included as part of the site value).
3. Estimate accrued depreciation from all causes (physical deterioration, functional obsolescence, and external obsolescence).
Answers
The cost approach to value is one of the three main approaches used in real estate appraisal.
It is based on the principle of substitution, which states that a rational buyer will not pay more for a property than the cost of acquiring an equally desirable substitute property. The approach involves five basic steps, starting with estimating the value of the site as if vacant, followed by estimating the reproduction or replacement cost of all the improvements, and then estimating the accrued depreciation from all causes.
The final step involves subtracting the total accrued depreciation from the replacement cost to arrive at the property's value. The cost approach is particularly useful when valuing new or recently constructed properties that do not have a significant sales history.
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the certainty equivalent is the certain dollar amount a risk-averse decision maker would accept in order to avoid a gamble altogether.
Answers
True. The certainty equivalent is the certain dollar amount a risk-averse decision-maker would accept in order to avoid a gamble altogether is a correct statement.
What is risk averse person?
If a person prefers a certain reward to a gamble, such a person is considered to be risk averse. The tendency to avoid risk is called risk aversion. The investor who favors capital preservation over the possibility of earning a higher-than-average return is referred to as risk-averse.
They favor investing in liquid assets. That is, regardless of the current state of the market, they have access to their money when they need it. Municipal and corporate bonds, certificates of deposit, and savings accounts are typically preferred by risk-averse investors.
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Last week Sarah Carver worked 4 overtime hours at time-and-a-half pay. Her
regular pay rate is $8.70 per hour. What was her overtime
pay for the week
Answers
Answer:
34.80
Explanation:
8.70 times 4 is 34.80
Answer:
69.60
Explanation:
8.70 x0.5 = 17.4
17.4 is time and a half rate
17.4 x 4 = 69.60
4 is the hours she worked.
which type of adjustment occurs when cash is either collected or paid, but the related income or expense is not reportable in the current period?
Answers
The type of adjustment that occurs when cash is either collected or paid, but the related income or expense is not reportable in the current period is known as a deferral adjustment. This means that the cash transaction has been deferred to a later reporting period when the related income or expense will be recognized.
Examples of deferral adjustments include prepaid expenses, unearned revenues, and accrued expenses.
which type of adjustment occurs when cash is either collected or paid, but the related income or expense is not reportable in the current period?
The type of adjustment you are referring to is called a "Deferred" or "Unearned" adjustment. This occurs when cash is either collected or paid, but the related income or expense is not reportable in the current period. Deferred adjustments are made to account for revenues or expenses that will be recognized in future periods.
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When should a shipment of eggs be rejected?
Answers
When should a shipment of eggs be rejected if the The eggs are not delivered at45 degrees F and when you receive a shipment of eggs, you should reject them if any of the eggs are cracked. Eggs that are cracked.
The shipment is the part of supply chain. The shipment in which the goods or products are packed after the process of manufacturing or production.
The eggs are rejected when the eggs got cracked and accidently cracked by the process of delivery to the consumer. Shipment is the important process in the supply chain if the shipment process is not done well, the rejection will arise.
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Question 4 of 10
Margaret wants to use a pre-set design to create her slide presentation. Her
presentation will be for an important business partner, so she wants to select
something that is professional and has a serious tone. Which of the following
options should Margaret choose?
A. A pre-set design that has an orange background and yellow text
B. A pre-set design that has an orange background and purple text
OC. A pre-set design that has a light blue background and black text
D. A pre-set design that has a gray background and red text
SUBMIT
Answers
A pre-set design that has a light blue background and black text of the following options should Margaret choose. The correct option is C.
How do you describe a professional tone?A formal tone is popular in a professional or academic context, where the piece must be direct and thorough whereas maintaining a respectful tone. Formal pieces frequently include real sentences with no contractions or other shortened words and do not include slang terms.
Presets allow you to edit your photos faster while also achieving a consistent, high-quality look across all of them. Using photography presets, especially professionally created presets, simplifies your workflow, saves time, and improves the appearance of your images.
Thus, the ideal selection is option C.
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Tulip Corporation purchased equipment for $58,000 on January 1, 2017. On December 31, 2019, the equipment was sold for $24,000. Accumulated Depreciation as of December 31, 2019 was $33,000. Calculate gain or loss on the sale.
Answers
Answer:
question is not clear please send clear question
On Valentine’s Day, the price of roses increases
by more than the price of greeting cards. Why?
(Hint: Consider what makes roses and cards
different and how that difference might affect
supply’s responsiveness to price. )
Answers
The price of roses increases by more than the price of greeting cards on Valentine's Day due to the difference in the nature of the two products and the supply's responsiveness to price.
Roses are a perishable product with a limited lifespan, making them more sensitive to changes in demand and supply. The demand for roses on Valentine's Day is typically high, creating a surge in demand relative to the limited supply available. As a result, the price of roses tends to increase significantly to match the increased demand.
On the other hand, greeting cards are non-perishable and can be produced in larger quantities without significant cost implications. The supply of greeting cards is more flexible and responsive to changes in demand, allowing manufacturers to increase production and supply without incurring substantial additional costs. Consequently, the price of greeting cards may not experience the same level of increase as roses during Valentine's Day.
Overall, the price disparity between roses and greeting cards on Valentine's Day is driven by the perishable nature of roses, limited supply, and the high demand associated with the occasion.
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Which of the statement best defines what a policy title means on an insurance policy?
Answers
The statement that best defines what a policy title means on an insurance policy is this:
Every policy must have a title on the face and on the back of the policy, briefly describing the policy.What is an insurance policy?An insurance policy is an investment that is made to safeguard a person's property against loss. Every insurance policy must have a policy title.
The policy title refers to a form of indemnity insurance that is geared at protecting people who buy houses or borrow money. The policy title is meant to be spelled out clearly at the front and back so that stakeholders will be clear on the terms.
Question:
Which of the statement best defines what a policy title means on an insurance policy?
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In the month of November, Cullumber Company Inc. wrote checks in the amount of $10,230. In December, checks in the amount of $11,815 were written. In November, $8,240 of these checks were presented to the bank for payment, and $10,655 in December. There were no outstanding checks at the beginning of November. What is the amount of outstanding checks at the end of November? At the end of December? November December The amount of outstanding checks $enter a dollar amount $enter a dollar amount
Answers
Answer and Explanation:
The computation of the outstanding checks is shown below:
For the November end
= Checks - presented in the bank
= $10,230 - $8,240
= $1,990
For the December end
= Checks - presented in the bank + presented in th bank - checks
= $10,230 - $8,240 + $11,815 - $10,655
= $3,150
We simply applied the above formula
Which of the following behaviors demonstrates the primary business activity of strategic management:
- recruiting appropriate employees
- obtaining funds for business projects
- planning and organizing for the future
- regularly updating business processes
Answers
The primary business activity of strategic management is planning and organizing for the future.
Strategic management refers to the process of formulating and implementing strategies and plans that enable an organization to achieve its objectives and goals. It involves analyzing the organization's strengths and weaknesses, identifying opportunities and threats in the external environment, and developing strategies to capitalize on strengths and opportunities while minimizing weaknesses and threats.
Strategic management encompasses a wide range of activities, including defining the organization's mission and vision, setting goals and objectives, analyzing the internal and external environment, formulating and selecting strategies, implementing the strategies, and monitoring and evaluating the results. It is a continuous and ongoing process that involves making decisions and taking actions that are aligned with the organization's long-term goals and objectives.
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Explain the project planning steps
Answers
Set goals
Prioritize tasks
Create a schedule
Communicate.
If management operates to maximize the firm's profits, this will also maximize the market value of stockholders' wealth.
a. True
b. False
Answers
Answer:
b. False
Explanation:
The shareholder wealth could be maximized when there is a rise in the stock price as when the stock price rises, it automatically rised the value of the firm and the net worth also
Therefore in the given situation, in case when the firm wants to maximise its profits so it not necessary to increased the market value
Therefore the given statement is false
The principle of learning that is being emphasized by performing the same task over and over is:
Select one:
a. whole learning.
b. meaningfulness of presentation.
c. practice and repetition.
d. transfer of training.
Answers
Option C - Practice and repetition is the principle of learning that is being emphasized by performing the same task over and over.
Practice and repetition are key principles of learning, particularly for developing new skills or mastering complex tasks. By repeating a task or action over and over, learners are able to strengthen the neural pathways associated with that activity, making it easier and more automatic over time. This can help to improve accuracy, speed, and overall performance. Practice and repetition are often used in skill-based training programs, such as those for sports, music, or language learning, where learners must acquire a high degree of proficiency and accuracy to be successful. While other principles of learning, such as whole learning or meaningfulness of presentation, may also be important in certain contexts, practice and repetition are often a key foundation for successful learning outcomes.
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Use this formula to help solve the problem.
• gross income = total of all incomes added together
Given the following information, what does the gross income for the month equal?
Cash = $700, Checks = $200, Credit Card Charges = $400
a. $700
b. $1100
c. $1300
d. $400
Answers
Answer:
C.$1300.................:)
Answer:
1,300
Explanation:
just added the numbers