The country of ninook is adversely affected by trade deficits and so the government wants to move to a floating exchange rate system. the government believes that moving to a floating rate would adjust trade imbalances. however, a political group in ninook is opposing this. as critics of floating exchange rates, they claim that trade deficits are determined by the

multiple choice

a. external value of the currency of a country.
b. balance between savings and investment in a country.
c. mechanism of competitive currency devaluation.
d. valuations made by international monetary fund and the world bank.
e. exchange rates of other currencies.

A. determine the amount of retained earnings as of january 1, 2018. b. after looking at the amount of retained earnings, the chief executive officer (ceo) wants to pay a $1,000 cash dividend to the stockholders. can the company pay this dividend? c. as of january 1, 2018, what percentage of the assets were acquired from creditors? d. as of january 1, 2018, what percentage of the assets were acquired from investors? e. as of january 1, 2018, what percentage of the assets were acquired from retained earnings? f. create an accounting equation using percentages instead of dollar amounts on the right side of the equation. g. during 2018, carter company earned cash revenue of $1,800, paid cash expenses of $1,200, and paid a cash dividend of $500. (hint: it is to record these events under an accounting equation before preparing the statements.) g-1. prepare an income statement dated december 31, 2018. g-2. prepare a statement of changes in stockholders’ equity dated december 31, 2018. g-3. prepare a balance sheet dated december 31, 2018. g-4. prepare a statement of cash flows dated december 31, 2018. j. what is the balance in the revenue account on january 1, 2019?