Write a 3 pages paper on examine any foreign currency of your choice (preferably from and emerging market and provide an analysis of that currency agains.

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Write a 3 pages paper on examine any foreign currency of your choice (preferably from and emerging market and provide an analysis of that currency agains. Hence, it can be stated that the movements of exchange rates have vital implications over the national economy including its business cycle, trade and capital flows. Additionally, exchange rate is often regarded as an important factor that influences the foreign economic policy of a country by a large extent (Dua & Ranjan, 2011). The paper intends to identify and analyse the Indian Rupee against the US Dollar over the five years period ending with 2010. Macroeconomic Analysis of the Indian Rupee over the US Dollar Macroeconomic fundamentals play a crucial role in the determination of exchange rate. This particular statement can be well interpreted with reference to the microeconomic context and currency fluctuations witnessed in India in the recent years. India has witnessed enormous volatility in the recent decade which has resulted in constant fluctuation of the Indian Rupee against US Dollar. The fluctuation had been quite apparent during the period of 2005-2010 (Somaiya, 2008). For instance, during the year 2009, the Indian Rupee reached 48.32 against the US Dollar which was recorded to be the lowest exchange rate against the US Dollar over the five year period ranging from 2005-2010. while, in 2007, the Indian Rupee was identified to be 41.20 which was again observed to be the highest against the US Dollar for the stated five year period (SignalTrend Inc, 2012). Source: (SignalTrend Inc., 2012) Since 1990, India has made several structural reforms with respect to its foreign exchange related affairs. The major objectives of these reforms were fundamentally to enhance the confidence level among the investors and thereby, maintain a degree of domestic competiveness. Contextually, a major reason identifiable behind the appreciation of Indian Rupee against the US Dollar for the period of 2005-2010 illustrates the occurrence to be a consequence of the increase recorded in the capital inflow of the nation. The FDI equity inflow between 2005 and 2010 was identified to be seven times more than the previous five years i.e. 2000-2004 (Rao & Dhar, 2011). During the fiscal years from 2007 to 2008, the currency exchange rates in almost all the emerging markets including India had strengthened against US Dollar. According to the reports on currency and finance during the aforementioned period, The Indian Rupee was appreciated by 10.2 percent as on March 2009. However, it is worth mentioning that Indian currency, in the five years period, has also depreciated dramatically in certain circumstances. After the occurrence of Lehman’s bankruptcy, the Indian Rupee sharply depreciated, reaching the level of 50 INR/US$, in the month of October 2008. The depreciation in Indian Rupee was primarily attributed with the rise in the price of crude petrol and inflationary pressure prevailing within the country. Moreover, the declining exports and continuous outflow of nat6ional income also contributed towards the depreciation of Rupee and appreciation of the US Dollar (Reserve Bank of India, 2009). It is worth mentioning in this regard that the depreciation of Indian rupee had dramatic impacts upon the economy.

Create a 6 pages page paper that discusses a ustralian company accounting.

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Create a 6 pages page paper that discusses a ustralian company accounting. Income tax Liability (Statement of Financial Position) $ 4,650 Requirement 3: Treatment: Doubtful Debts Expense: Doubtful debts represent that balance of amount which will not be recoverable out of the total trade receivables of the company. This is considered to be a trade expense thus is accounted for in the income statement of the company. Rent Revenue: Rent revenue is defined as an income generated by the company through renting out any of its assets. It can include machinery, equipment or property. All kinds of income generated by the company are included in the profit and loss account of the company. But for tax purposes it is taxable under savings income heading so it will be deducted from the profit of the company and taxable separately as the savings income has a different tax rate. Entertainment Expense: Entertainment expense comprises of the expense incurred during the process of entertaining the clientele of the company. As the entertainment expenses incurred on the employees is not an allowable expense for tax purposes, it is assumed that this expense relates to the one incurred on the clientele unless otherwise stated. Thus it will also be included in the profit and loss account of the company for tax purposes as a deductible. Requirement 4: Calculation of Deferred Tax Asset and Liability: Calculation of tax base values of assets: MOTOR VEHICLE: Book Value ($) Tax Base ($) Motor Vehicle (Cost) 18,000 18,000 Motor Vehicle (Acc. Depreciation) (15.750) (18,000) ——————- —————- 2,250 Nil Thus Deferred Tax Liability = 2,250 * 30% = $675 EQUIPMENT: Book Value ($) Tax Base ($) Equipment (Cost) 100,000 100,000 Equipment (Accumulated Depreciation) (60,000) (45,000) ——————- —————– 40,000 55,000 Deferred Tax Asset = ($55,000-$40,000) * 30% = $ 4,500 RECEIVABLES: Tax Base = $12,000 Thus deferred tax liability = 12,000 * 30%= $3,600 RENT RECEIVBALE: Tax Base = $2,800 Thus deferred tax liability = 2,800 * 30% = $840 Total Deferred Tax Liability = $675+$3,600+$840 = $ 5,115 Thus the new deferred tax asset and liability becomes $4,500 and $5,115 respectively. Requirement 4: Journal Entries: Deferred Tax Asset: Dr. Tax Expense (Statement of financial performance) $ 1,950 Cr. Deferred Tax Asset (Balance sheet) $ 1,950 Deferred Tax Liability: Dr. Tax Expense (Statement of financial performance) $ 2,370 Cr. Deferred Tax Liability (Balance sheet) $ 2,370 Question 2: REPORT Executive Summary This report is designed for the purpose of reflecting on the new accounting policy change that is being implemented by the company which requires the company to disclose its advertisement expense as an asset as opposed to be treated as an expense as it incurs. In this report it was observed and suggested that the criteria for the policy change implemented by the company met the recognition criteria of an asset as set by the AASB (Australian Accounting Standard Board), and was of material balance to be disclosed in the financial statements of the company.

prepare and submit a paper on contemporary world economy.

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Your assignment is to prepare and submit a paper on contemporary world economy. In order to come up with the understanding of the economic changes that happen in the current world, there are different things that determine the way people will conduct their business according to their relations. Evaluation of the different perspectives of the economy makes the issues of economic differentiation very substantial. This will be an evaluation of the different economic systems in the world economy, with a perspective of the old economic relations. The themes that were discussed in class in the past term such like the economic markets liberalism, market systems, modernisms and development of economics, employment, globalization among other and are indicators of the transition that is happening in the world economy today. Some of these themes are reflective of the different economic systems in the world and focus on the difficulties that are predominant when a state or a nation adopt some of them and show the struggle that is in the world to ensure that people are set free from the unnecessary restriction. As a result, different scholars have written some materials in support or in criticism of some of these themes so that evaluation of the works of various scholars offers a great academic discourse that exposes the pros and con of different economic systems. In the evaluation, the study of the term, the most repeated themes are the economic systems and globalization which have been influenced by the differences in argument and the evaluation of each of them i.e. socialism, communism, and capitalism. As well, the issue of employment and its impact on the economy is a theme that has been repeated as seen in the discussion of the work of John Maynard Keynes who has elaborated the issue. This has influenced the discussion of the contribution of different people to the economy of a specific place and which have an impact on the development and retrogression of an area (Keynes 13-19). Through evaluation of the various consumption and investment habits of the people, Keynes has based his explanation for development or retrogression of a place in that where if the latter is greater than the former, development is realized (Campbell 212). Francis Fukuyama argues that there are transitions in the economy from the general state of restriction through which different people went so that they become the current liberals.&nbsp.

submit a 1750 words paper on the topic Three Impressionist Works of Art. The artists in the Impressionism subject matter were the daily work or routine in everyday’s life and the scenes during that period.

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Hi, need to submit a 1750 words paper on the topic Three Impressionist Works of Art. The artists in the Impressionism subject matter were the daily work or routine in everyday’s life and the scenes during that period. They are known to include Camille Pissarro and Alfred Sisley who painted countryside and river scenes giving a clear example of what Impressionism was among another artist. Introduction In this context we are going to analyze critically on the contribution of three impressionists namely Claude Monet, Edouard Manet and Edgar Degas who are also known to be the contributors to the formation of Impressionism. In Claude Monet’s art we will use his art of a woman with a parasol, in Edouard’s art we will use his painting of Olympia (oil in canvas) while in Edgar’s art we will analyze his Glass of Absinthe (oil in canvas) Painting. Through their paintings, most artists were seen to be interested in their type of art and can be said to have influenced artists like Giuseppe De Nittis an Italian and James Abbott McNeill who was an American among others. In this setting, we will be able to see how the three painters tried to put across their negative feelings on the women as they show them as enjoying the freedom and luxury (Weinberg, 2009). 1. The three artists in the Impressionist period tried to use short strokes in painting using oil on canvas in which they used brighter colors by blending them to produce different shades in their paintings. In Claude Monet’s art which is believed to be her wife Camille Pissarro, he tries to portray a lady enjoying the breeze in the outside environment. In Edouard Manet’s painting on Olympia, there is a prostitute lying on the bed with white beddings which are tucked next to her is a lady who looks like her servant showing how she is relaxed. The nude picture of the prostitute can be seen to have won a necklace and a bangle showing how she is interested in jewelry which could be bought by the middle or upper class. In Edgar Degas pointing on the Glass of Absinthe commonly known as L’Absinthe, the setting is in a cafe with a lady and a gentleman sited next to a drink.