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Author Question: When mercantilism is practiced today, it can cause the exporting country's currency to become ... (Read 66 times)

karateprodigy

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on: Jun 29, 2018
When mercantilism is practiced today, it can cause the exporting country's currency to become overvalued.
 
 Indicate whether the statement is true or false

Question 2

Suppose a retailer had a beginning inventory of 20 iPhones bought at 100 . During the entire year he sold 16 iPhones at 180 each. Also he bought 8 pieces in May for 130 and 4 more in September for 150 . The value of the ending inventory under the LIFO and FIFO methods would be 1600 and 2,040 respectively.
 
 Indicate whether the statement is true or false


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pratush dev

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Reply #1 on: Jun 29, 2018
Answer to Question 1

True

Answer to Question 2

true


karateprodigy

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

Joy Chen

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

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