What are official international reserves of the central bank?
What will be an ideal response?
Official reserves consist of three major components: foreign exchange reserves, gold reserves, and IMF-related reserve assets, with the first being by far the most important component. Foreign exchange reserves are all the foreign currency denominated assets the central bank holds, and mostly consist of foreign government bonds.
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Sweet Teas tea shop’s sales have been declining. The company has been leaving coupons on the doors of homes around the neighborhood in an effort to increase sales and get more customers in the door. However, lately the owner of Sweet Teas has noticed that very few customers use the coupons. How could Sweet Teas check to see if their target market (the homes in the surrounding neighborhood) are in fact their primary customers?
The term accounts receivable is used to describe ________
A) amounts owed to creditors B) amounts due from customers as a result of credit sales C) amounts that have already been collected from customers D) amounts owed to suppliers