If the exchange rate for mexican pesos has changed from 10 pesos to 9 pesos per dollar, The value of the Peso has increased.
This current situation meant in order to obtain the same amount of Peso, US dollar's holders need to sacrifice more amount of US dollar. This indicates either Mexican's economy is improving or United States economy is deteriorating.
Answer:
$159,500
Explanation:
Total assets = $870,000
Total liabilities = $745,000.
Total equity is the difference between the assets and liabilities according to the accounting equation. Therefore,
Total equity = $870,000 - $745,000
= $125,000
Increase in asset during the year = $59,000
Increase in liabilities during the year = $24,500
Therefore, increase in equity
= $59,000 - $24,500
= $34,500
At the end of the current year, stockholders' equity is made up of the opening balance and the increase during the year. Hence,
current year's stockholders' equity = $125,000 + $34,500
= $159,500
Answer:
b. Cognitive Dissonance.
Explanation:
Cognitive dissonance can be defined as the discomfort which is caused by the post-purchase conflict. When consumers buy something, they feel satisfied with their purchase, however, every purchase involves some trade-off and compromises. Customers certainly feel unhappy on acquiring the drawbacks of the bought product and losing the benefits of the products not purchased. Consequently, consumers feel some discomfort and post-purchase dissonance for almost every purchase they make. The same phenomenon can be observed in this scenario where Sheri has enrolled in the MBA program at Macatawa State University and feeling cognitive dissonance afterwards.
When preparing a speech introduction, you should usually preview the main points to be discussed in the body, gain the attention and interest of your audience, and <span>establish your credibility on the speech topic. This means that the correct answer is all of the above.
It is important that your introduction is interesting, presents everything you want to talk about, and convinces your audience why they should believe you.
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Answer:
d. are irrelevant to economic decisions.
Explanation:
Sunk cost is cost that has been incurred and cannot be recovered. They are irrelevant and should not be considered when making economic decisions.
For example, if it costs $1500 to build a store and $500 has already been spent. $500 is the sunk cost and it would not be considered in the decision to continue or abandon the project.
I hope my answer helps you
