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OleMash [197]
3 years ago
14

If the price of a sofa is $800 in the u.s. and 2400 pesos in argentina, and the exchange rate is 4 pesos per dollar, what is the

real exchange rate?
Business
1 answer:
Vesnalui [34]3 years ago
4 0
The real exchange rate ( RER ) is the ratio of the price level abroad and the domestic price level.
RER = ( Nominal Exchange Rate x Foreign Price ) / ( Domestic Price )
The price of sofa is 2,400 pesos in Argentina and the nominal exchange rate is 4 pesos per dollar (  2,400 : 4 = $600 )
RER = 4 x $600 / $800 = 3
Answer: The Real Exchange Rate is 3 pesos per dollar.
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Answer:

c) credit to Accounts Receivable - ZRT.

f) debit to Allowance for Doubtful Accounts.

Explanation:

As for the information provided,

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Bad Debts Expense Account Dr.

To Allowance for doubtful debts.

And when the bad debts are actually written off then,

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Entry will be:

Allowance for Doubtful debts A/c Dr.

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Thus, correct options shall be:

Option c) and f)

4 0
3 years ago
Explain how businesses can use copyright ,patent and trademarks in dealing with piracy
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Businesses use copyright, patents, and trademarks, to keep other companies from taking their idea or product. Copying a trademarked or patent product is illegal. (piracy)
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4 years ago
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Flesch Corporation produces and sells two products. In the most recent month, Product C90B had sales of $37,000 and variable exp
andre [41]

Answer:

The BEP will decrease, which is good.

The reason is that C90B has a better profit margin than Y45E so if the sales shift toward C90B the Contribution mix margin ratio will be higher and it will be easy to pay fixed cost and make a gain

Explanation:

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sales  37,000

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sales 29,700

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7 0
3 years ago
LO 8.5Which of the following is a possible cause of an unfavorable labor rate variance?
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Answer:

hiring higher-quality workers at a higher wage

Explanation:

Possible causes of unfavorable labor rate variances include:

An increase in pay for employees.

Working overtime hours paid at a premium above the basic rate.

Using direct labor employees who were more skilled and experienced than the ‘normal’ and who are paid  more than the standard rate per hour (adverse rate variance).

Based on the above discussion, the answer is hiring higher-quality workers at a higher wage

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4 years ago
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economic dimension

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I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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