BUSINESS COLLEGE

In the situation described in the above question, suppose that the Central Bank of Vietnam decides to keep the nominal dong-dollar exchange rate constant indefinitely. Given whatDEP Inc. has determined about the trend in the real exchange rates and assuming that the rate of inflation in the rest of the world remains unchanged, what should one expect to happen to the rate of inflation in Vietnam over the next several years compared to the past?

Answers

Answer 1

Answer:

Options:

a.The rate of inflation will rise.

b.The rate of inflation will decline.

c.The rate of inflation will remain unchanged.

d.The rate of inflation may rise or decline

Answer:b.The rate of inflation will decline.

Explanation:Fixed exchange rate is a term used in Economics to describe the "pegging" or fixes the amount to which its own currency will trade with a popular currency like the United States Dollar. This will give investors,importers and exporters more stability and confidence as they will not be scared of indiscriminate fluctuations. WITH THIS CONFIDENCE THE RATE OF INFLATION WILL DECLINE AS INVESTORS WILL NOT BE UNDER PRESSURE TO HOARD GOODS OR REDUCE THE VOLUME OF PRODUCTS RELEASED TO THE MARKET AND CONSUMERS WILL NOT BE UNDER PRESSURE TO BUY.

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Dana, who is a trained yoga instructor, spends 4 hours on Monday baking and packing 10 boxes of cookies. She sells the cookies for $10 a box. Given that she can also teach yoga for $80 an hour, what is her opportunity cost of baking cookies?A. $220 B. $800 C. $320 D. $420 E. $100
Breon works as a clerk in the human resources department for her company for which she receives an hourly rate of $6.50. Occasionally she fills in for the receptionist at the front desk and receives a $1.50 per hour differential. During a weekly pay period, she worked 31 hours in the human resources department and 9 hours at the front desk. What is Breon's gross pay for the week
On December 31, it was estimated that goodwill of $51,500 was impaired. In addition, a patent with an estimated useful economic life of 12 years was acquired for $115,200 on April 1.a. Journalize the adjusting entry on December 31 for the impaired goodwill b. Journalize the adjusting entry on December 31 for the amortization of the paten
The following data pertains to Xena Corp.: Xena Corp. Total Assets $23,610 Interest-Bearing Debt (market value) $11,070 Average borrowing rate for debt 10.2% Common Equity: Book Value $ 6,150 Market Value $25,830 Marginal Income Tax Rate 37% Market Beta 1.73 Determine the weight on equity capital that should be used to calculate Xena's weighted-average cost of capital. Select one: A. 73.8% B. 70.0% C. 24.0% D. 38.7%

When other things remain equal, buyers are expected to stock up from the normal product that they expect its market price to decline significantly in the soon future.a) true
b) false

Answers

Answer:b) false

Explanation:

They would not want to stock up on something that the market price will decline significantly on, they would do the opposite

Answer:

False

Explanation:

This is false, they would want to do the opposite, not stock up

An increase in the interest rate A. increases the percentage yield of holding money. B. decreases the opportunity cos

Answers

Answer:

increases the opportunity cost of holding money

Explanation:

An increase in the interest rate actually increases the opportunity cost of holding money.

The opportunity cost of holding money is the nominal interest rate. Opportunity cost can be referred to as the interest rate that is forgone on alternative assets. So, when interest rate increases, the opportunity cost of holding money also increases.

An internal control system is used to do which of the following:a. Protect Assets
b. Prevent all losses
c. Ensure reliable accounting
d. Control the entry operation

Answers

Answer:

Explanation:

An internal control system is used to ensure reliable accounting. Internal controls system can be defined as a given set of rules, policies, and procedures an organization puts in place to give direction, increase efficiency and strengthen how people follow to policies.

Suppose that Tucker Industries has annual sales of $6.60 million, cost of goods sold of $2.94 million, average inventories of $1,205,000, and average accounts receivable of $660,000. Assuming that all of Tucker's sales are on credit, what will be the firm's operating cycle? (Round your answer to 2 decimal places.)

Answers

Answer:

186.10 days

Explanation:

The operating cycle = Days inventory outstanding + days sale outstanding

where,

Day inventory outstanding = (Beginning inventory + ending inventory) ÷ cost of goods sold × number of days in a year

= ($1,205,000) ÷ $(2,940,000) × 365 days

= 149.60 days

Day sale outstanding = (Beginning Accounts receivable + ending Accounts receivable) ÷ Net sales × number of days in a year

= ($660,000) ÷ ($6,600,000) × 365 days

= 36.5 days

Now put these days to the above formula

So, the days would equal to

= 149,60 days + 36.5 days

= 186.10 days

In 2010, Toyota recalled millions of automobiles to fix a potentially hazardous problem known as sudden acceleration. Writing in the Wall Street Journal, James Stewart gave investors the following advice: "Toyota shares were over $90 as recently as Jan. 19, 2010. They closed Tuesday (February 02, 2010) at $78.18, which strikes me as a modest decline under the circumstances. If I owned shares, I’d seize the chance to get out.Required:
Would a believer in the efficient markets theory be likely to follow Stewart's advice?

Answers

Answer:

Of course not. Someone that believes in the efficient market theory (or hypothesis as it is generally called), believes that the market is always right. As an individual investor, you might be right or wrong, but the market as a whole has access to perfect information and the price of each stock already has been determined factoring all possible events and outcomes. I.e. the market's price is always the correct price and there is no way in which an individual investor can make a profit by buying or selling undervalued or overvalued stocks.

Personally, I disagree with this hypothesis, and the reason why most people call is a hypothesis is that they disagree with it. If the market is always right, then this theory is no good.

Jason Rodriguez works as a waiter in a Houston restaurant. His boss overhears Jason telling a co-worker during a break period that he thinks that the president ought to be impeached. The boss, a big supporter of the president, fires Jason on the spot. Jason thinks the boss violated his freedom of speech. Would you expect that Jason would be able to get his job back on that basis?

Answers

Answer:

Explanation:

It is mentioned in the question that the boss who is a big supporter of the president fired Jason, who works as a waiter in the restaurant

So based on the given situation, the first amendment is applied for the government employees as it become the first priority for everyone, not for the private employees

Hence, the answer is no

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Determine proper classification (LO11-1) Analysis of an income statement, balance sheet, and additional information from the accounting records of Gadgets, Inc., reveals the following items. Required: Select the section of the statement of cash flows in which each of these items would be reported: operating activities (indirect method), investing activities, financing activities, or a separate noncash activities note.1. Purchase of a patent. 2. Depreciation expense 3. Issuance of a note payable 4. Increase in inventory

The records of Cullumber’s Boutique report the following data for the month of April. Sales revenue $106,300 Purchases (at cost) $51,500 Sales returns 2,100 Purchases (at sales price) 88,500 Markups 10,100 Purchase returns (at cost) 2,100 Markup cancellations 1,700 Purchase returns (at sales price) 3,000 Markdowns 9,800 Beginning inventory (at cost) 17,564 Markdown cancellations 2,900 Beginning inventory (at sales price) 42,500 Freight on purchases 2,600. Compute the ending inventory by the conventional retail inventory method.