Answer:
it would be C the absolute change in the price level from one period to another.
Answer:
$1,615,000
Explanation:
total revenue for the year can be calculated by adding retained earnings (at end of the year) + distributed dividends + total expenses - retained earnings (at the beginning of the year)
total revenue = $350,000 + $90,000 + $1,500,000 - $325,000 = $1,615,000
Hello there!
Answer:
Your answer is C). the dollar buys more pesos. Your hotel room in Mexico will require fewer dollars
Explanation:
The reason why answer choice "C" would be the correct answer is because American currency, USD, would get you a lot of pesos.
Lets give you the exact amount of exchange rate:
1 USD (U.S DOLLAR) = 18.98 PESO
You can see how much 1 U.S dollar could get you in the Mexican currency.
What this means is that the U.S dollar buys more pesos, in which is correct in answer choice "C" Since you could buy more pesos with the U.S dollar, you would only need to use fewer dollars because the exchange rate is so high. The U.S dollar would get you more money in Mexico. This is the reason why answer choice "C" would be correct.
Answer and Explanation:
The journal entry is shown below:
Cash Dr (1,000 × $65) $65,000
To Sales revenue $59,000
To Deferred Revenue -Discount coupon $6,000
(1,000 × $100 × 30% × 20%)
(Being the sales revenue is recorded)
here the cash is debited as it increased the assets and credited the sales revenue and deferred revenue as it increased the revenue and liabilities
He is exercising coercive power. Coercive power<span> is the ability to influence someone's decision making by taking something away as punishment or threatening punishment if the person does not follow instructions. It can be a severe way to get staff members to follow along with a company plan, but it can be necessary in some cases.</span>
