Answer:
c. the trade balance and the exchange rate.
Explanation:
An Open Economy is an economy that allows the free inflow and outflow of goods, services, capital and people. The opposite of a closed economy.
What sets these two models apart is that in an open economy, both imports and exports are allowed, so that countries necessarily have to trade in more than one currency, so the exchange rate must be examined. In addition, business transactions are recorded in a balance of payments. So these are the two concepts that are not tried in a closed economy analysis, but are introduced in an open economy.
The entry to record the receipt of payment is $2,590 in accounts receivable.
What is Trade discount?
Trade discounts, also known as functional discounts, are payments made to distribution channel participants in exchange for completing a task. Storage and shelf stocking are two examples of these tasks. Trade discounts are sometimes bundled to cover a variety of services. For instance, 20/12/5 may stand for 20% off for storing the merchandise, 12% more off for shipping, and 5% more off for keeping the shelves filled.
Terms 2/10, n/30 state that payments must be made within 10 days of the date of purchase to receive a 2% discount, and payments must be made in full within 30 days to avoid a discount.
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Answer:
Basic EPS=$1.08
Explanation:
Basic EPS= Net income after tax-preferred shares' dividend/Weighted average of outstanding shares
Net income after tax=$360,000*.7=$252,000
Dividend to preference shareholders=20,000*1.8=$36,000
Weighted average shares outstanding=200,000
Basic EPS=($252,000-$36,000)/200,000
Basic EPS=$1.08
Answer:
In the following situation:
Reethika is in a meeting and has an important question. The only coworker who can answer the question is in a different meeting.
The only way Reethika can get the answer without disturbing either meeting is:
Sending a direct text message to her co-worker's cellphone.
Explanation:
First of all, she can't send someone to look for her because that would disturb both meetings. Also, if she calls her that is also going to disturb both meetings. The only way she has is to send an e-mail or an SMS to her co-worker. However, that depends on the effect people can take upon her. Nevertheless, text messages like e-mails, SMS, or direct messages don't have a high level of disturbance. Considering most people have their cellphones in silence mode.
