Which one of these statements is correct assuming exchange rates are quoted as units of foreign currency per dollar?
A) When the dollar strengthens, it takes more dollars to obtain one unit of a foreign currency.
B) If the U.S. inflation rate is lower than the inflation rate in Canada, then the U.S. dollar will depreciate relative to the Canadian dollar.
C) When a foreign currency appreciates in value it strengthens relative to the dollar.
D) As the U.S. dollar strengthens, one British pound will purchase more U.S. dollars.
E) The exchange rate is unaffected by differences in the inflation rates of the two countries.
C) When a foreign currency appreciates in value it strengthens relative to the dollar.
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On December 1, 2018, Atlas Company sold machinery to a customer for $24,000. The customer could not pay at the time of sale but agreed to pay 10 months later and signed a 10-month note at 9% interest. How much interest revenue was earned during 2019? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)
A) $1080 B) $2160 C) $1980 D) $1620
Which of the following companies most likely has a philosophy that elevates customer service to the highest level?
A. a company that would rather have customers go to the customer service department than let salespeople handle complaints B. a company that institutes a no-hassle, no time-limit return policy C. a company that allows items purchased online to be returned within 10 days D. a company whose website shows the product offering, but doesn't allow customers to purchase items online E. a company that allows customers to request a shipping label to return a product
Which of the following phrases did Lewin invent?
a. group dynamics b. group leadership c. group behavior d. group patterns
The ____ children were National Merit scholars and attended Ivy League universities
A) Valdez' B) Valdezes' C) Valdez's