Under a system of floating exchange rates, the Swiss franc would depreciate in value if which of the following occurs?
a. price inflation in France
b. an increase in U.S. real income
c. a decrease in the Swiss money supply
d. falling interest rates in Switzerland
d. falling interest rates in Switzerland
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Shorecrest Company recently accepted a donation of land with a fair value of $250,000 from the city of Sutton in return for a promise to build a plant in Sutton. The entry that Shorecrest should use to record this land is:
a. Land.............................. 250,000 Donated Capital-Land 250,000 b. Land.............................. 250,000 Gain from Receipt of Donated Land 250,000 c. Land.............................. 250,000 Unrealized Gain from Receipt of Donated Land.................. 250,000 d. Land.............................. 250,000 Retained Earnings................ 250,000
If the expected sales volume for the current period is 8,000 units, the desired ending inventory is 200 units, and the beginning inventory is 400 units, the number of units set forth in the production budget, representing total production for the current period, is:
A) 7,000 B) 7,800 C) 7,100 D) 8,200
A registration statement must be signed by the issuer, its CEO, CFO, CAO, and majority of its board of directors
a. True b. False Indicate whether the statement is true or false
All of the following actions are likely to increase ROI except:
A. a decrease in operating expenses. B. a decrease in the number of units sold. C. a decrease in a company's invested capital. D. an improvement in manufacturing efficiency. E. an increase in sales revenues.