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lana66690 [7]
3 years ago
10

The amount of sales tax collected by a retail store when making sales is:

Business
1 answer:
Artyom0805 [142]3 years ago
4 0

Answer:

D. recorded as an operating expense

Explanation:

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I need this right now.
mamaluj [8]

Answer:

Sorry cant help with this

Explanation:

4 0
2 years ago
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Assume the following exchange rates: $1 = NZ$3, NZ$1 = MXP2, and $1 = MXP7. Given this information, as you and others perform tr
Vika [28.1K]

Answer:

c. Appreciate; Appreciate

Explanation:

Triangular arbitrage is the act of taking an opportunity resulting from a pricing discrepancy among three different currencies when the currency's exchange rates do not exactly match up

This cases are very rare and for a quite short period of time so there are very few traders who takes the advantange of them.

Lets study th given cases here:

A) NZ dollar Versus Mexican Peso

The exchage rate is 1NZ$= 2 Mexican Pesos (MXP)

But if we apply the triangular arbitrage:

1 NZ dollar = 0.3333 US$

and we know tha 1 US$= 7 Mexican Pesos (MXP

Then 1 NZ dollar = 0.3333* 7 MXP= 2.333 MXP

So the NZ dollar appreciates

B) MXP Versus U$S

The exchage rate is 1 MXP= (1/7) U$S

But if we apply the triangular arbitrage:

1 MXP = 0.5 NZ

and we know tha 1 NZ= 0.333 US$

Then 1 MXP = 0.5* 0.333 U$S= 0.166 U$S

So the MXP appreciates

7 0
3 years ago
Cindy has just opened a hair salon and wants to bring more customers in. She's just starting out so she doesn't having anything
valentinak56 [21]

Answer:

Discount

Explanation:

8 0
3 years ago
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What is the term used to describe a temporary low supply of a good or service?.
Leviafan [203]

Answer:

That would be a shortage.

                   

3 0
2 years ago
A ______ is different from a sole proprietorship because it is legally defined as an entity that is separate from its owners.
olga_2 [115]
Corporation goes in the blank
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3 years ago
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