Answer:
Net loss = (6,700)
Explanation:
According to the scenario, computation of the given data are as follow:-
Income Statement
Particular Amount ($)
Revenue from Service 62,100
Revenue from Rent 8,500
Less-Salaries and wages expenses (50,700)
Less-Utilities expenses (22,600)
Less-Depreciation expenses (4,000)
Net loss (6,700)
Answer: Rejection-then-retreat approach.
Explanation: The musical equipment salesman is using the Rejection-then-retreat approach to sell his musical items. This method is used to frighten the customers with higher priced items then make them settle for lesser priced items.
Answer:
D. Increase; increase
Explanation:
Exchange rate is defined as the amount of one currency that can be exchanged for another currency at a particular time.
Demand and supply affects exchange rates of currencies.
Currencies that are in more demand tend to have higher exchange rates, while those with low demand will have low exchange rate.
In this instance an increase in preference for US goods will cause an increased demand for dollars. The dollar becomes stronger against the Peso.
It will take more pesos to purchase the dollar, so equillibrum exchange rate of peso to dollar will increase.
Answer:
Someone owes you money
Explanation:
negative balance simply means that your card issuer owes you money,