Answer:
D) foreign; domestic
Explanation:
The central Bank can improve the domestic currency by using the reserves. If the domestic currency undervalued the central bank may intervene to sell the Foreign currency and purchase the domestic currency, which will increase the demand of domestic currency and increase the supply of foreign currency in the market which will improve the value of domestic currency and undervalue the foreign currency.
Answer:
$0
Explanation:
There are two Step for the computation of casualty loss deduction if the casualty loss is personal
Step 1 Reduce $100 per casualty event from the casualty loss
Step 2 Reduce 10% of the AGI from the amount you get from step 1
Data
Loss = $2,500
AGI = $35,000
Deduction =?
Solution
Step 1 = $2,500 - $100 = $2,400
Step 2: $2,400 - ($35,000 x 10%) = $0
If the amount in step 2 is $0 then the person is not eligible for casualty loss deduction
Do know how to follow instructions and work as a team
An example of delayed purchasing is when you would pay for a hot tub in 39 weeks and receiving the hot tub today. It is like a car loan, you would pay for the car over a certain time frame and you would drive home with the car that day. The correct answer is B.
Answer:
b. $105.00
Explanation:
The computation of the activity rate under the activity-based costing system is shown below:
For Activity 3,
The activity rate is
= Estimated cost ÷ Estimated activity
= $52,500 ÷ 500
= $105
We simply divided the estimated cost by the estimated activity to get the activity rate
All other information which is given is not considered. Hence, ignored it
