The Cash T-account has a beginning balance of $26,000. During the year, $122,000 was debited and $120,500 was credited to the account. What is the ending balance of cash?

Use the information in Scenario 9.7. What combination of changes in lead-time and service level would result in exactly the same level of safety stock as indicated in the table?

A) Lead-time drops to 41 days and service level increases to 99%. B) Lead-time increases to 18.52 days and service level drops to 92%. C) Lead-time increases to 20.54 days and service level drops to 90%. D) Lead-time drops to 3.5 days and service level increases to 99.54%.

Which of the following best describes the concept of purchasing power parity (PPP)?

A) In emerging markets, the ability to buy goods and services depends on the influx of FDI from international MNEs. B) The fluctuation in exchange rates disrupts international trade because the value of goods and services is inconsistent. C) In the future, a world currency will create equality in the global marketplace and eliminate disparity. D) Eventually, the exchange rate of two currencies will be equalized and the same goods will have the same price in two countries.