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Brut [27]
3 years ago
9

(a. how much will accumulate in an account with an initial deposit of $100, and which earns 10% interest compounded quarterly fo

r 3 years?
a. $107.69
b. $133.10
c. $134.49
d. $313.84
Business
1 answer:
Eva8 [605]3 years ago
5 0
Your answer will be B. $133.10
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On November 30, 2020, a U.S. company purchased merchandise on credit from a Swiss supplier at an invoice price of CHF1,000, when
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Answer:

The merchandise should be reported on the U.S. Company's December 31, 2020 balance sheet at:

b. $1,050

Explanation:

a) Data and Calculations:

November 30, 2020 Inventory purchase = CHF1,000

Exchange rate on this date = $1.05/CHF

Inventory worth = $1.05 * CHF1,000 = $1,050

b) The inventory should be reported on December 31, 2020 at $1,050.  It does not need to be reported at a value above or below this.  Even, the debt owed to the Swiss supplier will be reported at this price.  It is when payment for the invoice is being made on February 1, 2021 that consideration will be given to the exchange rate at which payment is made.

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3 years ago
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3 years ago
The success of the Tom Dennis Ford dealership has been built largely on return customers and word-of-mouth recommendations. The
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Answer: Build long-term relationships with the customers

Explanation:

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4 0
3 years ago
As of july 2013, the population of the united states was 3.164 × 108, and the national debt was 1.674 × 1013 dollars. how much w
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1.674 x 10^13 divided by 3.164 x 10^8

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3 years ago
How might the government regulations affect a small family restaurant
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Explanation:

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