Author Question: If you are an importer of goods and you will make payment for the purchase of inventory on 90-day ... (Read 86 times)

vicky

  • Hero Member
  • *****
  • Posts: 586
If you are an importer of goods and you will make payment for the purchase of inventory on
  90-day terms, which of the below is the correct term for the exchange rate that you will use?
 
  A) forward rate B) indirect rate C) direct rate D) spot rate

Question 2

Cash inflows come from
 
  A) purchase of marketable securities. B) purchase of fixed assets.
  C) cash sales. D) credit sales.



InfiniteSteez

  • Sr. Member
  • ****
  • Posts: 340
Answer to Question 1

A

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

For a complete list of videos, visit our video library