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icang [17]
3 years ago
7

When a person sells a stick for a profit he needs to know that

Business
1 answer:
Marysya12 [62]3 years ago
7 0

Answer:

He needs to know that it is not a scam and that its gonna be a fair I give you give.

Explanation:

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Mariah Dover cashed her $100 traveler's check in Riga, the capital of Latvia. At the current _____ rate, she received $61.82 in
zhannawk [14.2K]

Answer:

current floating exchange rate

Explanation:

Exchange rate is the rate at which one currency will be exchanged with another. For example, 1 United States Dollar is equivalent to 4.24 Poland Zloty as of March 2020.

There are two common types of exchange rates:

1. Floating exchange rate: This is set by the FOREX market, and is based on the current supply and demand of currencies. When demand for a currency is high, its value increases and vice versa.

2. Fixed exchange rate: A fixed or pegged exchange rate is whereby a government entirely determines the rate and value of the currency.

Generally, a floating exchange rate system is used in the global market. This does not mean countries allow their currencies to fluctuate endlessly. The central bank of a country and it's government does intervene and manipulate the currency to make it favorable for them during international trade but it is done in a more indirect manner as opposed to a fixed exchange rate system.

4 0
3 years ago
Business employees calculate that the expense to produce an additional cell phone is $50. Monetarily amount represents a _____
Y_Kistochka [10]

C. Marginal Cost

Marginal cost is the <em>additional </em>cost to produce each unit of a good.

6 0
4 years ago
Equipment with an estimated market value of $55,000 is offered for sale at $75,000. The equipment is acquired for $20,000 in cas
baherus [9]

Answer:

The amount used in the buyer's accounting records to record this acquisition is $60,000.

Explanation:

Amount in the buyer's accounting records to record this acquisition = Cash paid + Note payable

= $20,000 + $40,000

= $60,000

Therefore, The amount used in the buyer's accounting records to record this acquisition is $60,000.

8 0
4 years ago
All of the following are examples of prospecting methods EXCEPT:
9966 [12]

Answer:

c and e

Explanation:

those are 2 examples of it

7 0
3 years ago
Bike Atlanta currently produces 1,000 axles per month. The following per unit data apply for sales to regular customers: Direct
Ad libitum [116K]

Answer:

The total cost of producing 3,000 axles is $255,000

Explanation:

The computation of the total cost is shown below:

= Total per unit manufacturing costs × total number of axles produced

= $85 × 3,000 axles

= $255,000

The total manufacturing includes all costs such as Direct materials, direct manufacturing labor, Variable manufacturing overhead and, Fixed manufacturing overhead.

5 0
3 years ago
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