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Author Question: If you are an importer of goods and you will make payment for the purchase of inventory on 90-day ... (Read 67 times)

vicky

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on: Jul 10, 2018
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

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Reply #1 on: Jul 10, 2018
Answer to Question 1

A

Answer to Question 2

C


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