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Author Question: If you are an importer of goods and you need to make payment for the purchase of inventory before ... (Read 14 times)

s.tung

  • Hero Member
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  • Posts: 577
on: Jul 10, 2018
If you are an importer of goods and you need to make payment for the purchase of inventory
  before the close of business today, which of the below is the correct term for the exchange rate that
  you will use?
 
  A) direct rate B) forward rate C) indirect rate D) spot rate

Question 2

The speed of the collections process is determined by three types of float: mail float, processing
  float, and transit float.
 
  Indicate whether the statement is true or false


mceravolo

  • Sr. Member
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  • Posts: 349
Reply #1 on: Jul 10, 2018
Answer to Question 1

D

Answer to Question 2

TRUE


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