When the world went to a system of floating exchange rates, the Balance of Payments became a relic of a system of fixed exchange rates and is no longer watched by serious economic groups

Indicate whether the statement is true or false.


Answer: FALSE

Business

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On May 31, a company had a balance in its accounts receivable of $103,200. Prepare journal entries to record the following transactions for June. Assume the company uses a perpetual inventory system. June 2Sold merchandise on account, $12,000. The cost of the merchandise was $7,200.June 8Sold $15,000 worth of accounts receivable to First Bank. First Bank charged a 4% factoring fee.June 20Borrowed $30,000 cash from Second National Bank, pledging $31,500 worth of accounts receivable as collateral for the loan.

What will be an ideal response?

Business

_____ is the extent to which the same person behaves in the same way at different times.

A. Dissonance B. Distinctiveness C. Behaviorism D. Consistency E. Consensus

Business

Consider the following product structure. Forty units of Product A are needed. How many units of B, C, D, E, F, and G are needed?

What will be an ideal response?

Business

Develop a regression equation that relates the money Robert spends and the money he wins

What will be an ideal response?

Business