In the first blank, the word that comes is "exchange rate".
<span>An exchange rate reflects the amount of one currency required to purchase one unit of another currency.
In the second blank, the word that comes is "rate".
</span><span>to put it simply, it is the rate of foreign currency.
Third blank fills with "floating rates".
</span><span>This rate is set by floating rates in foreign exchange markets.</span>
<span>
In the fourth blank, the answer is "</span>appreciates".<span>
</span>when a currency becomes more valuable in the market, this is called "appreciates".
In the last blank, the answer is "<span>depreciates".
</span><span>when a currency becomes less valuable, this is called "depreciates".</span>
Answer:
The answer is below;
Explanation:
b. Allowance for Doubtful Accounts Dr.$4,000
Bad Debts Cr.$4,000
c. Bad Debt Expense Dr.$5,000
Account Receivable Cr.$5,000
d. 1)Account Receivable Dr.$5,000
Bad Debt Expense Cr.$5,000
2)Cash Dr.$5,000
Account Receivable Cr.$,5000
Answer:
$230,825
Explanation:
VU = [$56,700 × (1 - .35)] / .162
VU= $56,700×0.65/.162
VU=36,855/.162
VU = $227,500
VL = $227,500 + .35($9,500)
VL= $227,500+$3,325
VL= $230,825
T. inflation is a very big issue
Answer:
True
Explanation:
Because in Friedman's view making profit is the only social responsibility of the company. He said this because in his view the company has to earn profit for investments and if the company makes investments, it would create jobs and increased exports. So this means this is the best social responsibility in context of a economist, the company can pursue.
