If purchasing-power parity holds, then the value of the a. real exchange rate is equal to one. a dollar buys the quantity of foreign currency equal to the u. s. price level divided by the foreign country’s price level. b. nominal exchange rate is equal to one. a dollar buys the quantity of foreign currency equal to the u. s. price level divided by the foreign country’s price level. c. real exchange rate is equal to one. a dollar buys as many goods in the u. s. as it does overseas. d. nominal exchange rate is equal to one. a dollar buys as many goods in the u. s. as it does overseas.

The struter partnership has total partners’ equity of $510,000, which is made up of main, capital, $400,000, and frist, capital, $110,000. the partners share net income and loss in a ratio of 80% to main and 20% to frist. on november 1, adison is admitted to the partnership and given a 15% interest in equity and a 15% share in any income and loss. prepare journal entries to record the admission of adison for a 15% interest in the equity and a 15% share in any income and loss under the following independent assumptions. (1) record the admission of adison with an investment of $90,000 for a 15% interest in the equity and a 15% share in any income and loss. (2) record the admission of adison with an investment of $120,000 for a 15% interest in the equity and a 15% share in any income and loss. (3) record the admission of adison with an investment of $80,000 for a 15% interest in the equity and a 15% share in any income and loss.

Which of the following has the largest impact on opportunity cost

Which of the following is a characteristic that can be used to guide the design of service systems? a. services cannot be inventoried. b. services are all similar. c. quality work means quality service. d. services businesses are inherently entrepreneurial. e. even service businesses have internal services.