No you can not afford it
1600•0.25= 400
1600-400=1200
1200-1200=0
A flexible exchange rate is a rate that is determined by details of demand and supply in the foreign exchange market. Here the value is permitted to fluctuate freely according to the transformation in demand and supply of foreign exchange.
<h3>How an exchange rate fluctuates through the exchange of demand and supply?</h3>
As the price of a foreign currency gains, the quantity supplied by that currency increases. Exchange rates are defined just like other prices: by the exchange of supply and demand. At the equilibrium exchange rate, the supply and demand for a cash are equal.
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Answer:
$6,600
Explanation:
The units-of-production depreciation expense = (miles driven in year 2 / total estimated miles) × (cost of asset - Salvage value)
(20,000 / 100,000) x ($41,000 - $8,000)
0.2 x $33,000 = $6,600
I hope my answer helps you
Answer:
The correct answers are letters "C" and "D": It offers relatively lower reach and frequency than other media; It is generally considered to have a lower lead time.
Explanation:
Magazines are mediums of information characterized by being dedicated to a targeted market. This is because magazines are printed over certain specific matters such as<em> auto magazines, cooking, food, and beverage magazines </em>or <em>computer and electronics magazines.</em>
<em>Disadvantages of magazines imply the information portrayed might not be updated since most of them are available for sale periodically -e.g. once a week, month- making an advertisement difficult to be kept up. This situation also means that magazines frequency is lower compared to other media such as newspapers whose reach is higher as well.</em>
Answer:
<u>Reference Pricing</u>
Explanation:
Reference pricing strategy refers to a pricing mechanism whereby the products are priced slightly lower than competitor's products.
When such a pricing strategy is followed, the store owners provide heavy discounts to the buyers to encourage sales.
In the given case, the store deals in discounted furniture. Bella displayed manufacturer's suggested retail price so as to let buyers know of the savings they shall make upon purchase.
Such pricing of goods at a heavy discount thereby showing savings, indicates reference pricing strategy being followed.
