Suppose there is an increased demand from foreign countries for iowa pork. what happens to the u. s. dollar exchange rate in a flexible foreign currency market? a. the demand and supply of u. s. dollars increase, leading to an increase in the quantity of dollars traded and an indeterminate effect on the exchange rate. b. the supply of u. s. dollars increases, causing the u. s. dollar exchange rate to fall. c. the demand for u. s. dollars increases and the supply decreases, leading to an increase in the u. s. dollar exchange rate. d. the demand for u. s. dollars increases, causing the u. s. dollar exchange rate to rise.

Any point on a country's production possibilities frontier represents a combination of two goods that an economy:

Trecek corporation incurs research and development costs of $625,000 in 2017, 30 percent of which relate to development activities subsequent to ias 38 criteria having been met that indicate an intangible asset has been created. the newly developed product is brought to market in january 2018 and is expected to generate sales revenue for 10 years. assume that a u.s.–based company is issuing securities to foreign investors who require financial statements prepared in accordance with ifrs. thus, adjustments to convert from u.s. gaap to ifrs must be made. ignore income taxes. required: (a) prepare journal entries for research and development costs for the years ending december 31, 2017, and december 31, 2018, under (1) u.s. gaap and (2) ifrs. (c) prepare the entry(ies) that trecek would make on the december 31, 2017, and december 31, 2018, conversion worksheets to convert u.s. gaap balances to ifrs.

Melissa is a very generous single woman. before this year, she had given over $11,400,000 in taxable gifts over the years and has completely exhausted her applicable credit amount. in the current year, melissa gave her daughter riley $100,000 and promptly filed her gift tax return. melissa did not make any other gifts this year. how much gift tax must riley pay the irs because of this transaction?