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torisob [31]
2 years ago
8

Other things the same, if the exchange rate changes from 20 pesos per dollar to 30 pesos per dollar, then the dollar Group of an

swer choices appreciates and buys more Mexican goods. appreciates and buys fewer Mexican goods. depreciates and buys more Mexican goods. depreciates and buys fewer Mexican goods.
Business
1 answer:
salantis [7]2 years ago
7 0

Other things are the same, if the exchange rate changes from 20 pesos per dollar to 30 pesos per dollar, then the dollar (A) appreciates and buys more Mexican goods.

<h3>What is the exchange rate?</h3>
  • An exchange rate is a rate at which one currency is exchanged for another in finance.
  • Currencies are most typically national currencies, although they can also be sub-national, as in Hong Kong, or supra-national, as in the euro.
  • The value of one country's currency in respect to another currency is also referred to as the exchange rate.
  • Other things remain constant, if the exchange rate increases from 20 pesos to 30 pesos, the dollar appreciates and buys more Mexican items.

Therefore, other things are the same, if the exchange rate changes from 20 pesos per dollar to 30 pesos per dollar, then the dollar (A) appreciates and buys more Mexican goods.

Know more about exchange rates here:

brainly.com/question/2202418

#SPJ4

The correct question is given below:

Other things are the same, if the exchange rate changes from 20 pesos per dollar to 30 pesos per dollar, then the dollar ________.

The group of answer choices

(A) appreciates and buys more Mexican goods.

(B) appreciates and buys fewer Mexican goods.

(C) depreciates and buys more Mexican goods.

(D) depreciates and buys fewer Mexican goods.

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Identify each account as Asset (A), Liability (L), or Equity (E)

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C. Owners Capital- Equity

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_____ is/are the raw facts and figures businesses collect. Answer Data Information Push technology Warehousing
faust18 [17]
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3 years ago
assume a company uses the weighted average method in its processing costing august 1 balance 62000 and materials 310,000 consist
gayaneshka [121]

Answer:

see explanation

Explanation:

<em>Hi, your question is incomplete, I tried to look for it online but I could not find it. Here is an explanation on the steps to solve the problem.</em>

Step 1 : Determine the Total Materials Cost

Total Materials Cost

Opening WIP cost                                      $310,000

Costs added during the period                  $40500

Total                                                           $350,500

Step 2 : Total Equivalent units for materials

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Step 3 : Unit equivalent cost for materials

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emmasim [6.3K]

Answer:

May 1

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Cr Merchandise inventory $9,600

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Cr Allowance for doubtful accounts $10,600

Explanation:

Preparation of the journal entries in the accounts of Arizona Interiors Company

May 1

Dr Cost of merchandise sold $9,600

Cr Merchandise inventory $9,600

Aug. 30

Dr cash $2,800

Dr Allowance for doubtful accounts $10,600

($13,400-$2,800)

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Dec. 8

Dr Accounts receivable - peking palace co $10,600

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