The theory of purchasing power parity states that exchange rates between any two currencies will adjust to reflect changes in
A) the trade balances of the two countries.
B) the current account balances of the two countries.
C) fiscal policies of the two countries.
D) the price levels of the two countries.
D
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Goods in transit shipped FOB destination should not be included in the buyer's ending inventory
Indicate whether the statement is true or false
______ is a broad category of business applications and technologies for creating data warehouses and for analyzing and providing access to these specialized data to help enterprise users make better business decisions.
a. Strategic planning b. Business intelligence c. Enterprise solution d. Data intelligence
Hsu Company manufactures two products (A and B) from a joint process that cost $200,000 for the year just ended. Each product may be sold at the split-off point or processed further. Additional processing requires no special facilities, and production costs of further processing are entirely variable and traceable to the products involved. Further information follows. If Processed FurtherProductPounds ProducedPer-PoundSales Price Sales ValueSeparable CostA20,000$12 $350,000 $90,000 B30,000 8 300,000 60,000 If the joint costs are allocated based on the physical-units method, the amount of joint cost assigned to product A would be:
A. $100,000. B. $104,000. C. $80,000. D. $120,000. E. None of the answers is correct.
Lynne is the intended beneficiary of a third-party contract. Her rights have vested. In an action by Lynne to enforce the promise, the promisor may assert the defense of:
A) rescission. B) contractual modification. C) fraud. D) All of these.