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NEW QUESTION: 1
A. Option C
B. Option A
C. Option B
D. Option D
E. Option E
Answer: A,D
NEW QUESTION: 2
On June 1 of the current year, XYZ Company purchased British pounds for 10,000 euros. It also acquired land for 25,000 euros. At the end year or XYZ Company's fiscal year on December 31, the spot rate for the pound was 1.20 euros. The land had a value of 27,500 euros. XYZ Company records its nonmonetary items at historical cost. Which of the following is the correct presentation of this transaction on XYZ Company's balance sheet?
A. €10,000 €25,000
B. €12,000 €25,000
C. €12,000 €27,500
D. €10,000 €27,500
Answer: B
Explanation:
At the balance sheet date, monetary items are reported at the closing rate, which is often the spot rate on the balance sheet date. Nonmonetary items measured at historical cost reported at the rate on the transaction date. Thus, the pounds are reported at €12.0001.20
€/£ x €10,000), and the land is reported at €25,000.
NEW QUESTION: 3
XYZ Corporation is experiencing connectivity problems with their existing building-to-building bridge link. A concrete wall on the roof of one building is partially blocking the Fresnel Zone, and the connection is dropping many frames. The administrator moves the antenna to an area not obstructed by the concrete wall and then realizes the RF cable cannot reach the new location.
If an extension cable is added to move the antenna, what are the likely results?
A. The antenna's azimuth beamwidth will decrease.
B. The likelihood of a direct lightning strike will increase.
C. The Equivalent Isotropically Radiated Power (EIRP) will decrease.
D. The data throughput rate will increase because VSWR will decrease.
E. The size of the Fresnel zone will increase.
Answer: C
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