The statement of income of Morin Cycle Co. for the year ended December 31, 2015, is as follows:January 4, 2018
The common shares were issued for cash. e. There was a $10,000 debit to Retained Earnings for cash dividends declared.January 4, 2018
“Economic Policy and International Finance” Please respond to the following:
- From the first e-Activity, explain whether you believe it is U.S. consumers or policy makers who affect the money supply the most. Provide a rationale for your response.
- From the second e-Activity, identify the two (2) countries that you researched and each country’s exchange rate. Indicate which country’s exchange rate would be the most favorable for business operations. Provide support for your rationale.
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