a retailer acquires merchandise for resale. how would this be recorded in a perpetual inventory system?

The drawee is the

IRINA_888 [86]

Answer:

C

Explanation:

The drawee is the bank with which the drawer has an account.

8 0

2 years ago

What happens to the Purchasing Power of Money, Prices and the Nominal Rate of Interest in CASE 1: the case of an increasing supp

velikii [3]

Answer:

Case 1: The purchasing power of money will decrease, prices will increase and nominal interest rate will decrease.

Case 2: The purchasing power of money will increase, prices will decrease and nominal interest rate will increase.

Case 3: The purchasing power of money will increase, prices will decrease and nominal interest rate will increase.

Case 4: The purchasing power of money will decrease, prices will increase and nominal interest rate will decrease.

Explanation:

Case 1: The purchasing power of money will decrease, prices will increase and nominal interest rate will decrease.

Case 2: The purchasing power of money will increase, prices will decrease and nominal interest rate will increase.

Case 3: The purchasing power of money will increase, prices will decrease and nominal interest rate will increase.

Case 4: The purchasing power of money will decrease, prices will increase and nominal interest rate will decrease.

3 0

3 years ago

Problem 3.22: Trade Deficits and J-curve Adjustment Path Assume the United States has the following import/export volumes and pr

Sergio039 [100]

Answer:

The pre-devaluation cost is ($880) and the pst-devaluation trade balance is ($1398)

Explanation:

Assumptions Values

Initial spot exchange rate, $/fc $2.00

Price of exports, dollars ($) * 20.0000

Price of imports, foreign currency (fc) * 12.0000

Quantity of exports, units * 100

Quantity of imports, units * 120

Percentage devaluation of the dollar 18.00%

Price elasticity of demand, imports * (0.900)

a. The pre-devaluation trade balance--

Revenues from exports, $ $2,000

Expenditures on imports, fc * 1,440

Expenditures on imports, $ $2,880

Pre-devaluation trade balance ($880)

b. Resulting trade balance immediately after devaluation

Revenues from exports, $ $2,000

Expenditures on imports, fc * 1,440

New spot exchange rate, after devaluation $2.36

Expenditures on imports, $ $3,398

Post-devaluation trade balance (currency contract period) ($1,398)

8 0

3 years ago

_____ is the process of planning and controlling the development of a system within a specified time frame at a minimum cost wit

Ilia_Sergeevich [38]

Answer:

A. Project management

Explanation:

It helps by identifying the plans and estimating the minimal possible time and cost needed to complete a project or development

8 0

3 years ago

An investor who was not as astute as he believed invested $263,000 into an account 11 years ago. Today, that account is worth $2

Finger [1]

Answer:

-2.33%

Explanation:

An investor who was not as astute as he believed invested $263,000 into an account 11 years ago,

Given that,

Current value of account, future value = $202,800

Value of invested amount, Present value = $263,000

Time = 11 years

$Present\ value=\frac{Future\ value}{(1+r)^{n}}$

$263,000=\frac{202,800}{(1+r)^{11}}$

$263,000(1 + r) ^ {11} = 202,800$

$(1 + r) ^ {11} = \frac{202,800}{263,000}\\$

$(1+r)=(0.7711026616)^{\frac{1}{11}}$

(1 + r) = 0.9766466684

r = 0.9766466684 - 1

= - 0.02335333157

= - 2.33%

Therefore, the annual rate of return on this account is -2.33%.

6 0

3 years ago