Answer:
Pegged exchange rate system
Explanation:
In the pegged exchange rate system, a country ties its currency exchange price to that of a more widely used currency at a fixed rate. The US dollar is the most accepted currency for international trade. Countries that use the fixed exchange system peg their currency price to the US dollar. The government will set a fix the exchange rate of its currency relative to the US dollar value.
A pegged exchange rate is also known as a fixed exchange rate. A pegged or fixed exchange rate keeps the currency value within a narrow range. It gives certainty to exporters and importers and helps the government to keep inflation low.
<span>An antique dealer buying items and hoping to sell them for more than he or she paid for them is the very definition of a business. A business is economic system that includes commercial and industrial activities through production and sales or exchange of goods and services.
</span><span>In every business there are investment and customers . In this case the investment is buying antiques and the customers are people interested in antique works. </span>
Answer:
$106 million
Explanation:
allowance for doubtful accounts
debit credit
beg. balance 426
bad debt 85
ending balance <u>405 </u>
106
Since you need $106 million to balance the account, that should be the amount of bad debt written off during the current year. Allowance for doubtful accounts is a contra asset account, any debit balance increases accounts receivable while a credit balance decreases it.
Answer:
The solution is given in the table file attached below
Explanation:
The answer to this question is that the best medium would be a face to face meeting. A face to face meeting is a meeting where in group of people are being held in a specific meeting room to meet and discuss a specific agenda. Face to face meetings are said to be the best type of meeting because this ensures engagement and it is more efficient.
