Answer:
b. rise, so demand in the market for foreign-currency exchange shifts right.
Explanation:
- An increase in the interest rates leads to a rise in the capital outflow as savings and investment lead to more net capital outflow.
- This is the movement of the assets on the company and is considered to be bad for the economy and leads to undesirable changes in the supply of the foreign currency as a shift in the demands of the consumers. This may result in political and economic instability.
Answer:
B.
Explanation:
An E-commerce company is the buying and selling of goods and services over public and private computer networks.
A non merchant are those that arrange for the purpose and sale of goods without ever owning or taking title to those goods.
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Answer:
Explanation:
In the given transaction, the amount is received in advance for performing the service, so the journal entry would be
Cash A/c Dr $3,500
To Unearned revenue $3,500
(Being amount is received in advance)
For recording the advance transactions, we have to debit the asset account i.e cash account and credit the liability account i.e. unearned revenue account.
Steps that explain exactly what you are going to do to reach your goal are called action steps.
Answer:
Statement of owners equity
Investments in Business $5,000
Withdrawals $300
Net profit $1,307
Equity at end $6,007
Explanation:
Income Statement
Revenue $5,100
Cost of Sales $1,300
Gross profit $3,800
Other expenses:
Rent expense $700
Insurance Expense $142
Wages Expense $1,500
Advertising expense $60
Utilities $39
Repairs $52
Net profit $1,307