When mercantilism is practiced today, it can cause the exporting ...

[karateprodigy]

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

[pratush dev]

Answer to Question 1

True

Answer to Question 2

true

[karateprodigy]

Thanks for the timely response, appreciate it

[robbielu01]

YES! Correct, THANKS for helping me on my review