Assume that the exchange rate between the euro and the pound has changed from 2 euros per pound to 3 euros per pound. We can say that the

a. euro appreciated against the pound.
b. euro depreciated against the pound.
c. the euro has been officially revalued.
d. both the euro and the pound have appreciated.


b. euro depreciated against the pound.

Business

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Employees may work quickly to meet expected production but fail to meet quality standards. In turn, it may cause expensive rework, rejects, and customer dissatisfaction

Indicate whether the statement is true or false

Business

A disadvantage of newspaper advertising is that it has__________

Fill in the blanks with correct word.

Business

Gateway sold a big-screen TV and entertainment center to Iris for $2000 on credit. Iris signed a promissory note and gave Gateway a security interest in the TV and entertainment center. Gateway filed a financing statement in the appropriate public

office. When Iris defaulted on her monthly payments owing a balance of $1780, Gateway's attorney made arrangements to have the TV and entertainment center repossessed. The attorney then placed classified ads in the local newspaper to sell the goods. The attorney's fees are $300, the repo company charged $150, and the advertising costs are $50. (A) If Iris chooses to redeem the property, how much must she pay to Gateway to recover the property? (B) If Iris does not redeem and the TV and entertainment center are sold for $1750, how will the money be disbursed?

Business

Who are the parties to a letter-of-credit–backed municipal bond, and what are their responsibilities?

What will be an ideal response?

Business