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Author Question: Determine the retail price of a child's toy that cost 1.69 and has a 45 1/2 markup. What will be ... (Read 71 times)

Engineer

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on: Sep 11, 2018
Determine the retail price of a child's toy that cost 1.69 and has a 45 1/2 markup.
 
  What will be an ideal response?

Question 2

The risk in dealing with foreign purchases for a U.S. fashion business is that if you purchase today at the spot rate
 
  a. you are not insured the value of thecurrency will be the same upondelivery of the product.
 c. if the interest rate drops and you wait toexchange currency you will lose moneyin the exchange.
 b. the delivery of the product will be slow. d. there is very little risk as the U.S. dollar
  is considered the benchmark for
  international trade.


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emilymalinowski12

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Reply #1 on: Sep 11, 2018
Answer to Question 1

3.10

Answer to Question 2

a


Engineer

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Reply 2 on: Sep 11, 2018
Great answer, keep it coming :)

matt95

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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