An exchange rate is essentially what its name implies: it is the rate at which one would need to exchange one’s currency for the currency of another country. These rates of exchange can change at a moment’s notice (or less) in currency markets where the currencies are freely floating.
Answer:
$ 365,000
Explanation:
Given data:
The operating expenses for the year = $ 400,000
Increase in the accrued expenses = $ 35,000
Now,
the cash payment for the operating expenses will be calculated as the difference of the operating expenses and the increase in accrued expenses
thus,
mathematically,
cash payment for the operating expenses = operating expenses - increase in accrued expenses
on substituting the values in the above formula, we get
cash payment for the operating expenses = $ 400,000 - $ 35,000
or
cash payment for the operating expenses = $ 365,000
Separation is the correct answer. It’s a legal arrangement that allows a married couple to officially split.
Based on the story above, the stage of business buying process is (C) general need description. It is because in the story above, the company only seeking a new supplier for the wool and tell about company's need.
In economics and business, Business buying process generally can be defined as the process where business buyers determine which services and also products are needed to purchase. In the steps of business buying process, the company will find the suppliers to buys the materials, and then evaluate, and choose among alternative brands.
There are several steps of business buying process, such as Awareness and Recognition, Specification and Research, Request for Proposals, Evaluation of Proposals, and also Order and Review Process.
Here you can learn more about Business buying process brainly.com/question/12496760
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Hello there!
Answer:
Your answer is C). the dollar buys more pesos. Your hotel room in Mexico will require fewer dollars
Explanation:
The reason why answer choice "C" would be the correct answer is because American currency, USD, would get you a lot of pesos.
Lets give you the exact amount of exchange rate:
1 USD (U.S DOLLAR) = 18.98 PESO
You can see how much 1 U.S dollar could get you in the Mexican currency.
What this means is that the U.S dollar buys more pesos, in which is correct in answer choice "C" Since you could buy more pesos with the U.S dollar, you would only need to use fewer dollars because the exchange rate is so high. The U.S dollar would get you more money in Mexico. This is the reason why answer choice "C" would be correct.
