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The correct answer of the given question above is option B. Over the course of a year, the Mexican peso has depreciated relative to the U.S. dollar and the one who would most benefit from this occurrence is the U.S consumers of Mexican goods. As the value of the U.S. dollar has increased relative to the peso, the buying power of the U.S. dollar has increased in Mexico. Hope this answer helps.
auto manufacturers pay a high premium for this component. as a result, the auto manufacturers realize: reduced profit margins due to the bargaining power of their supplier.
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What is auto manufactures?</h3>
Any individual, partnership, corporation, association, or other type of business enterprise engaged in the production or assembly of passenger cars, trucks, or station wagons is referred to as an automobile manufacturer.
This definition also includes any individual, partnership, or corporation acting on behalf of or under the direction of such a manufacturer or assembler in relation to the distribution of said motor vehicles.
Any individual or organization that produces money through the manufacturing and sale of fully or nearly fully assembled cars, lorries, buses, or motorcycles is referred to as an automobile manufacturer.
Learn more about automobile manufacturer
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Answer:
May 1.
Dr Account Receivable 15,300
Cr Sales 15,300
( to record sales to Beijing Palace Co.)
Dr Cost of merchandise sold 11,000
Cr Merchandise inventory 11,000
( to record cost of goods solds to Beijing Palace Co.)
Aug.30
Dr Cash 4,000
Dr Allowance for uncollectible debt 11,300
Cr Account Receivable 15,300
( to record settlement from Beijing Palace Co. and to realize the remainder receivable from Beijing Palace Co. as uncollectible)
Dec.8
Dr Cash 11,300
Cr Allowance for uncollectible debt 11,300
( to record the remainder settlement from Beijing Palace Co.)
Explanation:
Explanation is put under each entry.
