Answer: 1 U.S. dollar equals 1.44 Swiss francs
Explanation:
The Purchasing power parity (PPP) is used by economists or financial analysts to make comparison between the standards of living and the economic productivity that exist between countries.
From the question, we are told that a box of chocolate candy costs 28.80 Swiss francs in Switzerland and $20 in the United States. The current exchange rate will be:
1 U.S dollar = (28.80/20) Swiss Francs
1 U. S Dollar = 1.44 Swiss Francs
Answer:
The sentence that applies the correct number style is:
c. Dan Yannotti, Director of Health Initiatives, turns 32 this year.
Explanation:
Sentence A's number style should have been formatted like: "More than $5 million ..." Alternatively, it could be formatted as "Five Million Dollars."
Sentence B's number style should have been formatted like: "27% of our ...."
This leaves sentence C as the sentence that applies the correct number style.
Even if an unanticipated delay food order is indeed not your company's fault, sending consumers a sincere apology by email or SMS demonstrates that you are aware of the problem and are sympathetic.
<h3>Define the term food order?</h3>
Delivery of food to a customer by a restaurant, shop, or independent food delivery business is known as retail food delivery.
Typically, one places an order through a restaurant, a mobile app, or a food delivery service.
Make no promises you cannot keep:
- Consumers do not like to be given empty guarantees about when their orders would arrive.
- If you offer your customer anything and it doesn't happen, it will have a negative effect on your business in general.
Apologize;
- Customers like it when companies accept responsibility for a mistake and offer an apology. A honest apology is greatly appreciated.
- When you apologize, make sure to include a description of the issue's origin and your plan for resolving it.
To know more about food order, here
brainly.com/question/10450202
#SPJ4
Answer:
General Journal
Debit
Credit
a(1)
Accounts receivable
$1,349,100
Sales
$1,349,100
a(2)
Cost of goods sold
$977,100
Merchandise inventory
$977,100
b
Allowance for doubtful accounts
$18,100
Accounts Receivable
$18,100
c
Cash
$669,200
Accounts Receivable
$669,200
d
Bad Debt
Expense
[Refer working note 1]
$35,307
Allowance for doubtful accounts
$35,307
e(1)
Accounts receivable
$1,514,600
Sales
$1,514,600
e(2)
Cost of goods sold
$1,299,000
Merchandise inventory
$1,299,000
f
Allowance for doubtful accounts
$26,700
Accounts Receivable
$26,700
g
Cash
$1,110,700
Accounts Receivable
$1,110,700
h
Bad Debt
Expense
[Refer working note 2]
$36,507
Allowance for doubtful accounts
$36,507
.
.
Working note 1 - Computation of bad debt expense for the
year 1
Accounts receivables beginning balance
$0
Add: Credit sales
$1,349,100
Less: Collections
($669,200)
Less: Write-off's
($18,100)
Accounts receivables ending
balance
(a)
Answer:
When nominal interest rates cannot be lowered any further.
Explanation:
A liquidity trap occurs when Central Banks fails in its injection of cash into the private banking system to decrease interest rates.
This results in households and businesses maintaining high cash balances and not stimualting aggregate demand.