Answer:
$500
Explanation:
Damages refer to the financial loss suffered by a party to a breached contract. It occurs as a result of one party refusing to perform their obligation in the contract, causing injury and losses to the other.
Damages are the extra expense incurred by the offended party due to the breach of contract. The calculation of damages involves getting the difference between the market price and the contract price. For Diana, the damages will be the market price of $4.50, and the contact price $3.50. Because the books were 500, her damage would be 500 X 1 = $500.
Explanation:
The correct journal entry is as follows:
Cash Dr $90
Service revenue Dr $560
To Account receivable $650
(Being the cash received is recorded)
Basically we debited the cash for $90 and service revenue for $560 and credited the account receivable for $650 so that the correct posting could be done
The cash difference is
= $650 - $560
= $90
Answer:
€ 0.004871
Explanation:
Direct quote is a method of quoting a foreign currency per one unit of domestic currency.
Indirect quote is a method of quoting a foreign currency in which price of foreign currency is expressed in domestic currency.
In the given question to find the units Euro per Yen we need to divide the Euro per dollar rate with the Yen per dollar rate.
Euro 0.5547 / $1
Yen 111.83 / $1
Euro per Yen = 0.5547 / 111.83 = €0.004871 per ¥1
Answer:
A. The money multiplier is the amount of money supply with each dollar increase in reserves. so, it is correct.
b.- Since there is an inverse relationship between the reserve ratio and the money multiplier, a higher reserve ratio leads to a lower money multiplier. So increase the ratio and lower the money.
A percentage of sales revenue paid to coworkers is called commission
