Answer:
Price of chicken in Japan is ¥250
Explanation:
Nominal Exchange Rate is 100 yen per dollar
it can be written as 1 dollar per 100 yen or $0.01 per yen
Real Exchange Rate = (Nominal exchange rate × Price of the foreign basket) ÷ (Price of the domestic basket)
We take Japan as the foreign country
Lets assume the price of one pound chicken in Japan as equal to Q
<h3>1 = (0.01 × Q)/2.5</h3><h3>1 = (0.01Q)/2.5</h3><h3>1(2.5) = 0.01Q</h3><h3>2.5 = 0.01Q</h3><h3>2.5/0.01 = Q</h3><h3>250 = Q</h3>
Price of Chicken in Japan is ¥250 per pound
Answer:
The entry decreases assets and decreases stockholders' equity. T
Explanation:
The adjusting entry of interest expense would impact the expenses account, automatically the income statement also.
Moreover, it also impacts the stockholder equity but it does not impact the asset account. Rest item which is mentioned in the question except the corrected option would be affected.
Interest expense is an expense that decreases the net income of the business organization and at the same time it shows the interest payable on the liabilities side.
Correct question:
A winning formula for many ________ brands is craftsmanship, heritage, authenticity, and history, often critical to justifying a sometimes extravagant price.
A) design
B) non durable
C) durable
D) ingredient
E) luxury
Answer:
E, luxury
Explanation:
When a product is being purchased irrespective of it price, the manufacturer is said to have found a winning formula.
from the above question, a luxury item that is authentic with an history behind it as well as exccellenct craftsmanship amongst other things ensure that the item is continually sold no matter what price it is.
Cheers.
Answer: c. The Broker-Dealer and the agent must be registered in both States A and B
Explanation:
Various States have their own laws on Registration of traders of securities known as Blue Sky laws.
These laws generally provide that trading agents need to be registered in a state in be able to trade securities for a client in that state. Trading Agents in this context refer but are not limited to, Broker-dealers, Agents, Investment Advisers, and Investment Adviser Representatives.
Both the Broker-Dealer and the Agent therefore need to be registered in both states for them to have handled her transactions in the past when she was in State B and in the present when she has relocated to State A.