At the beginning of the current year, Snell Co. total assets were $270,000 and its total liabilities were $185,200. During the year, the company reported total revenues of $115,000, total expenses of $87,000 and dividends of $16,000. There were no other changes in equity during the year and total assets at the end of the year were $282,000. The company's debt ratio at the end of the current year is: g

Suppose that the u.s. dollars-mexican pesos exchange rate is fixed by the u.s. and mexican governments. assume also that labor is mobile between the united states and mexico due to low transportation costs.which of the following situations is likely to happen as a result of a simultaneous increase in the demand for u.s. goods and decrease in the demand for mexican goods? (pick mexican unemployment rate increases, and the country undergoes bad economic times for a sustained u.s. unemployment rate increases, and the country undergoes bad economic times for a sustained mexican unemployment rate rises at first, but it soon drops as unemployed mexicans move to the united states for mexican unemployment rate rises at first, but then it drops as mexican pesos depreciate against u.s. dollars.