Answer:
The price of a U.S. postage stamp has increased approximately <u>63%</u> in terms of Indian rupees and <u>10%</u> in terms of Chinese yuan.
Explanation:
the exchange rate between the US dollar and the Indian rupee:
April 2011 = 45.54 Indian rupees per dollar x $0.41 = 18.67 Indian rupees
April 2016 = 66.16 Indian rupees per dollar x $0.46 = 30.43 Indian rupees
change in Indian rupees = (30.43 - 18.67) / 18.67 = 63%
the exchange rate between the US dollar and the Chinese yuan:
April 2011 = 6.61 Chinese yuan per dollar x $0.41 = 2.71 Chinese yuan
April 2016 = 6.48 Chinese yuan per dollar x $0.46 = 2.98 Chinese yuan
change in Chinese yuan = (2.98 - 2.71) / 2.71 = 10%
Answer:
5.7 times
Explanation:
Computation of George Company accounts receivable turnover for the year.
First step
Net sales - Amount collected on Account receivable
$200,000-$180,000
=$20,000
Thus,
Opening Balance of Accounts Receivable
$25,000+$20,000
=$45,000
Second step is to calculate for Account Receivable Turnover
$200,000 ÷ [($25,000 + $45,000) ÷ 2]
$200,000÷($70,000÷2)
$200,000÷$35,000
= 5.7 times
Therefore the accounts receivable turnover for the year will be 5.7 times
Answer:
That the seller owes money.
Explanation:
The debit column represents money that is owed to the seller of the property, while the credit column represents money that the seller owes. If the columns are unbalanced in the manner stated by the question, the seller must pay money to balance the accounts. For example, maybe the seller hasn't paid yet some expenses or fees.
Try using this website:
https://smallbusiness.chron.com/10-important-business-objectives-23686.html
The news corporation, Smile train, Delta airlines and Gucci are all examples of organizations
Explanation:
The entity that consists of many groups of people who work together for an organization for a particular purpose for an institution or for an association is called as an organization
The tasks here are performed in an organized way and taking the efficient way to approach an presenting them in a logical order is called as organizing there are three main types of business organizations they are the sole proprietorship, partnership and the cooperation
