Answer: D. A and B only
Explanation:
In a fix exchange rate, the country can address problem of currency market pressure that threaten yo lower or raise the value of its currency by this under listed measures;
1. if demand falls, then countries must increase demand by buying up the excess supply with domestic currency
2. if demand rises, countries must fill the excess demand for foreign currency by selling their reserves.
That is true because has most likely asked for higher than the offer.
Answer:
Specialty store
Explanation:
A specialty store is a retail business that specializes in a particular range of products and its related merchandise. A specialty store will have an extensive depth of the merchandise that its stocks. For example, a business may focus on office supplies, men clothing, or household appliances as opposed to having a wide range of consumer products.
Specialty stores will often sell their products at a premium price. They offer excellent and friendly customer service. Employees at a specialty store have in-depth knowledge about their products and will provide expert advice to customers.
Answer:
As follows:
Explanation:
For acquisition of Westmont Company.
Inventory dr. 600,000
Land dr. 990,000
Buildings dr. 2,000,000
Customer Relationships dr. 800,000
Goodwill dr. 690,000
Accounts Payable cr. 80,000
Common Stock cr. 40,000
Additional paid-up capital cr. 960,000
Cash cr. 4,000,000
For legal fees
Services Expense dr 42,000
Cash cr 42,000
For stock issuance
Additional Paid-In Capital dr 25,000
Cash cr 25,000
