subject
Business, 17.04.2020 21:26 rosyposy43

Cho owns and operates a store in a country experiencing a high rate of inflation. In order to prevent the value of money in her cash register from falling too quickly, Cho sends an employee to the bank four times per day to make deposits in an interest-bearing account that protects the store's revenues from the effects of inflation.

a. This is an example of:

i. menu costs
ii. unit of account costs
iii. shoe leather costs

b. Explain briefly the nature of the costs imposed.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 19:30
Which p shifts to consumer in the four cs of the alternate marketing mix? a) promotion b) product c) place d) price
Answers: 3
question
Business, 22.06.2019 02:30
Witch is an example of a non durable good?
Answers: 1
question
Business, 22.06.2019 02:40
The following accounts are denominated in pesos as of december 31, 2015. for reporting purposes, these amounts need to be stated in u.s. dollars. for each balance, indicate the exchange rate that would be used if a translation is made under the current rate method. then, again for each account, provide the exchange rate that would be necessary if a remeasurement is being made using the temporal method. the company was started in 2000. the buildings were acquired in 2002 and the patents in 2003. (round your answers to 2 decimal places.) exchange rates for 1 peso are as follows: 2000 1 peso = $ 0.28 2002 1 = 0.26 2003 1 = 0.25 january 1, 2015 1 = 0.24 april 1, 2015 1 = 0.23 july 1, 2015 1 = 0.22 october 1, 2015 1 = 0.20 december 31, 2015 1 = 0.16 average for 2015 1 = 0.19
Answers: 3
question
Business, 22.06.2019 21:00
Ryan terlecki organized a new internet company, capuniverse, inc. the company specializes in baseball-type caps with logos printed on them. ryan, who is never without a cap, believes that his target market is college and high school students. you have been hired to record the transactions occurring in the first two weeks of operations.
Answers: 1
You know the right answer?
Cho owns and operates a store in a country experiencing a high rate of inflation. In order to preven...
Questions
question
Mathematics, 19.11.2020 22:50
question
English, 19.11.2020 22:50
question
Mathematics, 19.11.2020 22:50
question
Mathematics, 19.11.2020 22:50
question
Mathematics, 19.11.2020 22:50
Questions on the website: 13722359