Answer:
no
Explanation:
the airport would be liable because the fire truck blowing a tire and hitting the pole was the direct cause. not the failure of the landing gear
Answer:
10% foreign exchange loss on the U.S. dollar accounts receivable
Explanation:
Based on the information provided within the question it can be said that in this example the Canadian subsidiary will record a 10% foreign exchange loss on the U.S. dollar accounts receivable. That is because as the Canadian dollar has appreciated 10% against the U.S. dollar, it means that it has lost 10% of it's buying power due to its foreign exchange price change, thus resulting in a loss which needs to be recorded.
Answer: (B) There is incentive for buyers to undertake search activity
Explanation:
Setting price below equilibrium will create shortage.
<span>18 x .6 = $10.80 US
18 x .5 = $9.00 US
9/10.80 = .83
1 - .83 = 17% change
You first multiply the price in pounds by the exchange rate to find out how much the product would cost in US dollars. Then the same calculation is done with the lower exchange rate. You create an equation with the 2 US dollar amounts. Then to get the percent change, you subtract that answer from 1.</span>