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3 years ago

If the exchange rate between the u.s. dollar and the Canadian dollar is 1:1.3, which of the following is true

Business

1 answer:

NeTakaya3 years ago

6 0

Answer:

It will cost less to buy a $5 item in Canada than it will in the United States

Explanation:

if the exchange rate between the US Dollar and the canadian dollar is 1:1.3, then that menas that it would be easier to buy a commodity of $5 in canada as against buying in the US. This is because the price of the commodities will be affected by the exchange rate thus price making room for a 0.13

Cheers

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Explanation:

(A)

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(D)

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3 years ago

As of December 31, the Stanford company has the following information. Use this information to answer questions 1 to 3. Cash $5,

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your cash T-account has a debit of $1,200. The following entries are made to cash T-account: debit $345, debit $43, credit $123.

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