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Harrizon [31]
2 years ago
10

The ________ states that exchange rates between any two currencies will adjust to reflect changes in the price levels of the two

countries.
Business
1 answer:
ivolga24 [154]2 years ago
7 0

Answer:

The _purchasing power__ states that exchange rates between any two currencies will adjust to reflect changes in the price levels of the two countries.

Explanation:

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Which of the following sections of the federal bankruptcy laws deals with consumer debt adjustment plans? a. Chapter 11 b. CRO p
arsen [322]

Answer:

Chapter 13

Explanation:

Federal bankruptcy law is a set of rules that allows the cancellation of certain debts and also specify time for the repayment of non dis chargeable debts. It contains different section that addresses different bankruptcy cases.

Chapter 13 of the law deals with debt adjustment plans. It allows that some loans be re structured and the principal value of the collateral reduced to the market value. Repayment rate can also be lowered and the period extended over a longer period to allow ease of payment.

5 0
3 years ago
projects variable labor costs of $21,500 in March when 8,600 units are produced. If production is expected to drop to 8,000 unit
dlinn [17]

Answer:

Total direct labor cost=$20,000

Explanation:

<u>First, we need to calculate the direct labor cost per unit:</u>

<u></u>

Direct labor cost per unit= total cost / number of units

Direct labor cost per unit= 21,500 / 8,600

Direct labor cost per unit= $2.5

<u>Now, the total cost for 8,000 units:</u>

Total direct labor cost= 2.5*8,000

Total direct labor cost=$20,000

4 0
3 years ago
An upcoming convention has secured 300 rooms at $140 per room for Friday night. The rack rate for Friday night is $250 per room
m_a_m_a [10]

Answer:

$67,000

Explanation:

The total revenue will be income from the 300 rooms and that from 100 rooms

=(300 x $140) + ($100 x 250)

=$42,000 +$25,000

=$67,000

6 0
3 years ago
quizlet fairwell lending must seek the court’s permission to foreclose on a property used as collateral for a loan that is in de
vladimir1956 [14]

It is most likely that a judicial foreclosure will be used when a lending seek the court’s permission to foreclose on a property used as collateral for a loan that is in default.

<h3>What is a foreclosure process?</h3>

Basically, a foreclosure refers to the legal process that allows lenders to recover the amount owed on a defaulted loan by taking ownership of and selling the mortgaged property.

The judicial foreclosure involves the foreclosure proceedings that take place through the court system. This process occurs when a mortgage note lacks a power of sale clause which would legally authorize the mortgage lender to sell the property if a default occurred.

Read more about foreclosure process

brainly.com/question/15182362

#SPJ1

8 0
2 years ago
To calculate the sales dollars or units needed to achieve a target profit, the break-even contribution margin formulas can be mo
Stella [2.4K]
Adding the target profit to fixed expenses before dividing by the contribution margin ratio
- adding the target profit to fixed expenses before dividing by the unit contribution margin
4 0
2 years ago
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