The answer is "<span>the price a foreign currency can be purchased or sold today."
The foreign trade spot exchange, otherwise called FX spot, is an understanding between two gatherings to get one money against offering another cash at a concurred cost for settlement on the spot date. The conversion scale at which the exchange is done is known as the spot swapping scale.
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Market Research
Explanation:
In a global business, <u>The firm often goes into uncharted territories for themselves and takes heavy risks in places unknown to them.</u> In such a situation market research done right is the best thing a firm can hope for apart from all other things.
A market not suitable for their products will simply not be beneficial no matter how everything else works out.
For example,<u> McDonald's setting up operations in India made its menu suit the Indian taste pallet and was able to carve out a market share</u> while other food chains were not as quick to do it.
Brand attitude is the opinion of consumers towards a product determine through market research.
Answer:
increase assets by $13,000, increase liabilities by $13,000 and have no effect on equity.
Explanation:
Given that
The total cost of purchase of delivery truck = $15,000
Cash paid = $2,000
The accounting equation equals to
Total assets = Total liabilities + owners equity
The remaining amount left would be equal to
= $15,000 - $2,000
= $13,000
So it would increase the assets for $13,000 as the delivery truck is purchased plus there is also an increase in liabilities for $13,000 as it signed a note payable and there is no effect on equity
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