False.A person's net worth statement shows a person's net worth based on assets and liabilities Done through:
Assets- money or items of value (car, house)
Liabilities- debts you owe (loans)
<u>Answer:</u> Speculation.
<u>Explanation:</u>
Carlos tries to make a profit through exchange rates. Carlos is a speculator who tries to make profit through market fluctuations. The strategy is a risky strategy as the speculators based on their knowledge about the market make decisions accordingly.
Carlos is planning to receive the appreciated value of British Pounds so that he receives the same amount as mentioned in the contract but makes profit out of exchange rates and books FX profits in his books of accounts.
Answer:
Maximum profit = $765,333.33
Explanation:
Note: See the attached excel file for the calculation of the maximum profit (in bold red color).
In the calculation, it is assumed that selling price per unit is the same thing as the profit per unit since we are not given the cost per unit.
Therefore, from the attached excel file, we have:
Maximum profit = $765,333.33
Answer:
true
Explanation
Higher level professions are professions occupied by professionals who think strategically and carry out their duties by adhering to the ethical standards that governs their profession. Examples are medical practitioners, engineering, accountant and pilot. All these requires in-depth knowledge , good skill and special training because of the technical nature of the profession.
Having a degree is not enough to deliver on these professions because of their complexities. These professionals must adhere to the ethical standard that governs their profession and also hold themselves out of having the required training, knowledge and experience .
Take for instance a pilot who controls a plane. Asides having the required education, he would undergo special trainings on how to fly planes. He must also have the skills and experience of flying before being certified to fly people because of the risky nature of the profession.
The above example also applies to a doctor. He would undergo trainings depending on his area of specialization and must have knowledge before being certified to work as a doctor. The reason is that he is dealing with lives hence must possess the the required skills and experience
Answer:
skimming.
Explanation:
In this context, it can be said that Luciana will use the skimming pricing strategy.
This strategy consists of setting a relatively high price for the new product or service that will be offered in the market and then gradually lowering its price.
This strategy works by charging a high initial price that will be accepted by the first customers and after the first demand is satisfied, the price will be reduced to attract the most price sensitive customers.