Author Question: If you are an importer of goods and you will make payment for the purchase of inventory on 90-day ... (Read 33 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?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

The average adult has about 21 square feet of skin.

For a complete list of videos, visit our video library