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soldi70 [24.7K]
3 years ago
13

Which of the following is usually the largest type of rental car

Business
1 answer:
densk [106]3 years ago
5 0
I would think it could be a 4 ×4
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One unit of a peso in a Latin American country was defined as equivalent to 12 grains of "fine" (pure) gold, while one unit of i
Grace [21]

Answer:

1 dollar = 1.5 peso

Explanation:

An exchange rate denotes the value of one currency in terms of another currency. Exchange rates can be of two kinds, spot rate and forward rate.

Spot rate is the rate quoted by bank for buying or selling foreign currency as on today.

Forward exchange rate on the other hand represents rate quoted by bank today for buying and selling foreign currency on a future date.

<u>Given </u>: 1 unit of peso = 12 grains of gold

            1 unit of US Dollar = 18 gains of gold

<u>To find</u> : 1 peso = ___ dollars

           1 grain of gold = \frac{1}{12} peso

similarly, 1 grain of gold = \frac{1}{18} dollars

this means, \frac{1}{12}\ peso\ = \ \frac{1}{18}\ dollars

it means 1 peso = \frac{12}{18} \ dollars

or 1 peso = \frac{2}{3} \ dollars

or 1 dollar = 1.5 pesos

6 0
3 years ago
Required: Journal entry
lisabon 2012 [21]

Answer:

If a cheque was being issued to settle a account payable, the relevant entry is to debit the accounts payable account to show that the debt is being reduced. You will then credit the cash account to show that cash is being reduced as well because it was used to pay off the debt.

Date                    Account Title                                           Debit               Credit

XX-XX-XXXX     Accounts Payable - Saurya Stores     Rs. 39,000

                           Cash                                                                            Rs. 39,000

7 0
3 years ago
In the equation of exchange, the average number of times a dollar is used to purchase a final good or service is the __________
Dominik [7]

Answer:

Explanation:

Exchange

4 0
2 years ago
For 2021, Rahal's Auto Parts estimates bad debt expense at 1% of credit sales. The company reported accounts receivable and an a
Naddik [55]

Answer:

$80,160.

Explanation:

An account receivable is lawfully enforceable cases for installment, held by a business for the products provided and benefits that clients/customers have requested yet not paid for.

According to Rahal's autos noncollectable accounts and the amount they received in the following year. Rahal's collectible accounts on December 31, 2021, is

86,500 + 404,000 - 408,000 - 2,340

3 0
3 years ago
Planned investment spending is _____ the interest rate because fewer projects are profitable at higher interest rates. greater t
Lapatulllka [165]

The relationship between planned investment and interest rates is that investment spending is inversely related to interest rates.

<h3>How are investment spending and interest rates related?</h3>

Investment spending depends on being able to take loans from financial institutions to sponsor capital projects.

If interests rate are high, there will be less planned investments because the cost of taking a loan will be high. The relationship is there inverse in nature.

Find out more on interest rates at brainly.com/question/26540958.

5 0
2 years ago
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