What are the two types of merchant wholesalers?

1 answer:

7 0

the two types of merchant wholesalers are: full-service wholesalers, which provide a full set of services, and limited service wholesalers, which offer fewer services to their suppliers and customers.

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In year T, a US citizen buys 100 shares of Sonic on the Tokyo stock exchange at 700 yens each. Suppose the exchange rate then is

zlopas [31]

Answer:

Change in US external wealth between periods T and T +1 in dollars = -$100

Explanation:

Since nothing else changes, this implies that the exchange rate per yen is $0.01 in periods T and T +1. Therefore, we have:

Value shares of Sonic in period T in dollar = Number of shares of Sonic bought in period T * Price per share of Sonic in Yen in period T * Exchange rate per yen in periods T = 100 * 700 * $0.01 = $700

Value shares of Sonic in period T+1 in dollar = Number of shares of Sonic in period T+1 * Price per share of Sonic in Yen in period T+1 * Exchange rate per yen in period T+1 = 100 * 600 * $0.01 = $600

Change in US external wealth between periods T and T +1 in dollars = Value shares of Sonic in period T+1 in dollar - Value shares of Sonic in period T in dollar = $600 - $700 = -$100

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3 years ago

flora Quinton is buying a new air compressor for her auto repair shop. it sells for $1,299. She makes a down payment of $199 and

Luba_88 [7]

I believe the answer is $1,100

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3 years ago

An individual involved in the communication process

BabaBlast [244]

Interpersonal communication

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On January 1, 2019, Shay Company issues $290,000 of 11%, 20-year bonds. The bonds sell for $282,750. Six years later, on January

abruzzese [7]

Answer:

$7,250

$284,562.5

Dr. Bond Payable $290,000

Dr. Loss on Retirement $18,487.5

Cr. Bond Discount $5,437.5

Cr. Cash $303,050

Explanation:

Bond is issued on the discount when it is issued below the face value.

Discount value = Face value - Issuance value = $290,000 - $282,750 = $7,250

Carrying value of the bond is the net of face value of the bond and un-amortised bond discount.

Carrying value = 290,000 - ($7,250 x (20-5) / 20) = $284,562.5

Bond Discount = $7,250 x 15/20 = $5,437.5

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3 years ago

Examine how businesses can be organized and structured in general

enot [183]

Sole proprietorship
Partnership
Incorporation

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