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Anettt [7]
3 years ago
6

2 10 n 30 r.o.g. means the cash discount period ends :what that's mean ???

Business
1 answer:
yawa3891 [41]3 years ago
4 0
The letters r.o.g means receipt of goods so ten days from that date. Basically it means a beginning date of invoice or 10 days after the good are received
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Answer:

Merchandise inventory is classified on the balance sheet as a current asset.

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10 months ago
A case study in the chapter analyzed purchasing-power parity for several countries using the price of Big Macs. Here are data fo
goblinko [34]

Answer:

Predicted exchange rate = Country price of Big Mac/ US price of Big Mac

Predicted exchange rate:

Chile = 2,050 / 4.37

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Czech Republic = 70 / 4.37

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<em>According to purchasing power parity, the predicted exchange rate between the Hungarian forint and the Canadian dollar is </em><em><u>153.42 Forint per C$</u></em><em>. However, the actual exchange rate is </em><em><u>217 Forint per Canadian Dollar</u></em><em>. </em>

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