On June 19 the accounts receivable should be recorded at the spot rate: $228,190 ($190,000 Euros * $1.201), which is the rate at which the Euro and the US Dollar were being exchanged at the time.
Many US-based enterprises sell goods to companies abroad. Depending on the discussions and the circumstances surrounding the sale, these sales may be made in US dollars or in another currency. If the sale is made in a foreign currency, the US-based company will be responsible for any fluctuations in the exchange rate from the time the sale and receivable are recorded until the time the foreign currency is paid for the related foreign currency-related receivable.
The accounts receivable should be recorded (converted from Euros to US Dollars) at the spot rate on June 19: 190,000 Euros * $1.201, which is the exchange rate at that time between the Euro and the US Dollar, equals $228,190.
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Answer:
<em>I can see that there are no choices.</em>
You politely explain to the customer that the company strictly follows its return policy. The policy was clear in the first place. <u>You can also turn the return into an exchange,</u> so this doesn't affect the profitability of your business. This strategy can also lessen th<em>e negative comments</em> of the clients on your shop.
Explanation:
It can be time-consuming when it comes to talking to a frustrated customer. It even becomes harder when that customer tries to return the item late. Thus, it is very important that your policy is very clear from the start. You have to post them on your website, if you are an online shop owner or if you have a website for your shop. <u>This will make the customers aware and set their expectations after making a purchase.</u>
So, this explains the answer.
Answer:
24.89 percent
Explanation:
The first $50000 is taxed at 15%;
The next (75000 - 50000) = $25000 is taxed at 25% and so on.
then:
Total taxes
= (50000*0.15) + (25000*0.25) + (25000*0.34) +(18740*0.39)
= $29558.60
Then the average tax rate is given by:
=Total taxes/Taxable income
= $29558.60/$118740
= 24.89%
Answer: In an effort to <u>differentiate</u> its offerings from its competitors, Pegasus added <u>additional features that increased the price</u> of the laptops by $500.
This is an example of <em>Porter's competitive strategies </em>( <u>product differentiation </u>strategy).
Explanation:
The differentiation strategy consists in <em>offering a product similar</em> to one of another company in the market but that <em>has certain characteristics</em> that make the customer perceive it as unique and to be willing to pay a higher price for it.
Strategy <u>Variables</u>:
- Product characteristics.
- How the company communicates with its customers.
- Market features.
It can happen when the <u>price increases</u>, that the difference between this and and another <em>product ´s features is not too large</em>, so that we lose the loyalty of our customers because they don ´t want to pay the new price .
Answer:
The set of whole number less than 5 is 0,1,2,3,4