What are the potential effects of a change in the € / NZ$ exchange rate for an Italian entrepreneur who frequently does business in New Zealand?
What will be an ideal response?
As the exchange rate between the euro and the kiwi changes, the value of an entrepreneur’s accounts receivable and accounts payable will fluctuate. This makes long term planning, pricing, and overall market strategy decisions very difficult. A real value of a contract agreed to today with payment due in one month could change dramatically by the time that payment is received, either making it more or less beneficial to the entrepreneur.
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Used in conjunction with a perpetual inventory process, ______________________________ assists in protecting materials, work-in-process, and finished goods inventory by providing the warehouse manager or the inventory control supervisor with a record of the actual (on-hand) balance of each item of inventory
Fill in the blank(s) with correct word
The two categories under which animals can be listed in the Endangered Species Act are:
A) Endangered and threatened. B) Marine and terrestrial. C) Endangered and extinct. D) Threatened and protected. E) Endangered and protected.
With an adjustable-rate mortgage, the rate of interest paid by the borrower changes periodically.
Answer the following statement true (T) or false (F)
In the event of a loss you should do all of the following except
A) report your loss immediately. B) refrain from making any repairs until the claims adjuster has seen the damage. C) make a detailed list of everything that is lost or damaged. D) maintain records of the insurance settlement process.