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3 years ago

In which situation is a country most likely to choose a flexible exchange rate

Business

2 answers:

Yuri [45]3 years ago

5 0

Answer: A.) a country has a reputation for having a strong and stable economy over time

Explanation:

I just took the test on a pex

Shalnov [3]3 years ago

4 0

Answer:

Alternative answer A country expectation is the currency to be more valuable than other countries currency

Explanation:

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The primary source of earnings of commercial banks is income derived froma. the use of deposits to extend loans and undertake in

weqwewe [10]

Answer:

a. the use of deposits to extend loans and undertake investments.

Explanation:

When you deposit money at a bank, they do not just hold on to all that money. They will loan some of it out to other people and charge them interest for borrowing it. They will also use some of it to purchase investments that earn returns (money). This is the most lucrative source of earnings for commercial banks.

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3 years ago

On September 12, Vander Company sold merchandise in the amount of $8,600 to Jepson Company, with credit terms of 2/10, n/30. The

Mumz [18]

Answer:

The journal entry that Jepson makes on September 18 is:

Account Payable ; Vander Company $8,600 (debit)

Discount Received $172(credit)

Cash $8,428 (credit)

Explanation:

When Vander Company sales to Jepson Company, the following entries will be recorded :

Cost of Sales $5,400 (debit)

Account Receivable : Jepson Company $8,600 (debit)

Merchandise $5,400 (credit)

Sales Revenue $8,600 (credit)

When Jepson pays the invoice on September 18, they settle their account within the discount period and is granted a Cash discount of 2%.

The Entry to be made is as follows in Vander Company :

Cash $8,428 (debit)

Discount Allowed $172 (debit)

Account Receivable : Jepson Company $8,600 (credit)

The Entry to be made is as follows in Jepson Company :

Account Payable ; Vander Company $8,600 (debit)

Discount Received $172(credit)

Cash $8,428 (credit)

Conclusion :

The journal entry that Jepson makes on September 18 is:

Account Payable ; Vander Company $8,600 (debit)

Discount Received $172(credit)

Cash $8,428 (credit)

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3 years ago

A barbecue sauce producer sells their product in a 20 ounce bottle. Their current process mean is 19.80 ounces with a standard d

VikaD [51]

Answer:

0.89 is the correct answer.

Explanation:

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3 years ago

Max chose to operate his production studio as a sole proprietorship even though his attorney cautioned that he was:____________

sergij07 [2.7K]

Answer:

c. exposing himself to unlimited personal liability.

Explanation:

One major characteristic of sole proprietorship being the individual is sole recipient of profits and sole bearer of all risks and liabilities.

A sole proprietor bears unlimited liability in the sense that, in case of bankruptcy, the proprietor's personal assets can be taken away to repay debts owed by him.

Though a proprietor also remains the sole recipient of all gains, similarly the proprietor is also exposed to unlimited risk.

Thus, the correct option is, c. exposing himself to unlimited personal liability .

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3 years ago

The true owners of a corporation are the _______.

ra1l [238]

The stock/share holders

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3 years ago

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