Answer:
First of all, Switzerland has one of the most open and free market economies in the world, while the US government says that our economy is open but compared to other capitalistic countries, the American economy is a very closed one.
The effects of any change in monetary policy will be more significant in a small open economy like Switzerland since foreign trade is very important to them.
An increase in the money supply will depreciate the currency of a country, and any effect on the exchange rate will affect more an open economy.
Answer:
The initial expenditure of the company on salary is Rs. 72.000
Explanation:
First we need to express the employees ratio in letter
3A=B
2C=D
A and C being the amount of employees
B the salary before, D the salary after
They say the salary after is the slary before minus Rs. 12.000
we can express this as D=B-12.000
We know to that the salary of each employee increased 4 to 5
Then C=(5/4)A or A=(4/5)C
We can have the following equation
2((5/4)A)=B-12.000
A=(2/5)(B-12.000)
we use this in the first expression
3(2/5)(B-12.000)=B
1,2B-14400=B
0,2B=14400
B=72.000
Answer:
(A) pay within the discount period and recognize a savings.
Explanation:
The given credit terms of 2/10, n/30 means
If the payment is paid within 10 days so 2% discount is given and the total credit period given is 30 days
Suppose we take an example
A buys the merchandise of goods from B for $10,000 on April 1. The payment is doe by A on April 7
So, the net payment is
= $10,000 - $10,000 × 2%
= $10,000 - $200
= $9,800
The $200 shows the discount which A avails and termed as a savings
Answer:
The Business Auto Coverage Form in this case will cover for tile damages that occur due to accidents brought about during the transfer of property from a covered auto to the place where the property is finally delivered. The damages that occurred on the pavers will not be covered because of the care, custody, and/or control exclusion clause.
Answer:
D) have customers who operate in many different parts of the country.
Explanation:
A lockbox is basically a bank mailing address where a company's clients can send their payments to. It is similar to mailbox that receives letters, only that this one receives checks and cash. The bank is in charge of opening the lockbox and depositing the cash and checks to the company's account, and reporting the information.
