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frozen [14]
3 years ago
12

............................

Business
1 answer:
Alenkasestr [34]3 years ago
7 0

Answer:

.............................

Explanation:

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Purchasing power parity (PPP): a. almost never holds completely. b. is as commonly accepted as the law of demand. c. is a reason
Ahat [919]

Answer:

The correct answer is letter "D": represents the universality of exchange rate systems.

Explanation:

Purchasing Power Parity or PPP compares different countries' currencies through a market's basket of goods approach. Two currencies are in PPP when a market basket of goods, taking into account the exchange rate is priced the same in both countries. PPP currency rates are considered more accurate than market-exchange rates.

4 0
3 years ago
In which account are postage stamps classified?
castortr0y [4]
The answer to this is D
4 0
3 years ago
Nancy owns 10% interest in ABC Corporation and 20% of the outstanding shares of XYZ Corporation. Her son Nick owns 60% of the ou
harkovskaia [24]

Answer:

20%

Explanation:

Ownership of XYZ Corp. in ABC Partnership = 100% of ABC Partnership * Percentage owned by XYZ Corp.

= 100% * 50%

= 50%

Ownership of Nancy = Interest in ABC Partnership + Ownership of XYZ Corp. in ABC Partnership * Interest of Nancy In XYZ Corp.

= 10% + (50% * 20%)

= 10% + 10% = 20%

5 0
3 years ago
PLEASE HELP I'M IN A BIG RUSH
UkoKoshka [18]

Answer:The answer is A

Explanation:The one that is not commonly contacted by Typical investors to purchase stocks or bonds are : REALTORS

The investors will approach realtors if they want to invest their equity on properties such as land, houses , or apartment 

8 0
3 years ago
On December 31, 2018, the balance in Megan's Products Accounts Receivable was $680,000 and net credit sales amounted to $3,800,0
RoseWind [281]

Answer:

Bad Debt Expense ($40,000 - $3,200)  $36,800

           To Allowance for Doubtful Accounts   $36,800

(Being the bad debt expense is recorded)

Explanation:

The adjusting entry is shown below:

Bad Debt Expense ($40,000 - $3,200)  $36,800

           To Allowance for Doubtful Accounts   $36,800

(Being the bad debt expense is recorded)

For recording this we debited the bad debt expense as it increased the expenses and credited the allowance for doubtful debts as it decreased the value of the assets

And since there is a credit balance so the same is deducted from the account receivable

5 0
3 years ago
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