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.
Answer:
E. None of the above is correct.
Explanation:
Answer:
Items --- Reporting Method
1
. Accounts payable - Current liability
2
. Current portion of long-term debt - Current liability
3
. Sales tax collected from customers - Current liability
4
. Notes payable due next year - Current liability
5
. Notes payable due in two years - Long-term liability
6
. Advance payments from customers - Current liability
7
. Commercial paper - Current liability
8
. Unused line of credit - Disclosure note only
9
. A contingent liability that is probable likelihood of occurring within the next year and can be estimated - Current liability
10
. A contingent liability that is reasonably possible likelihood of occurring within the next year and can be estimated - Disclosure note only
Answer:
A contractual marketing system
Explanation:
Java Jane's most likely adopted a contractual marketing system.The contractual system is a vertical marketing system in which all the companies involved tend to work independently as individual entities. Regardless of working independently, they also work together to achieve greater goals and efficiencies.
They are also known as value-added partnerships since they work hand in hand to create value for other entities that are involved
A sales person who convinces a customer to buy a more expensive product than the customer originally intended is using what sales technique C. UPSELLING
