Which of the following is NOT a reason a company would deal in foreign exchange?
A) to pay or receive dividends in a foreign currency
B) to speculate on possible future movements in a currency
C) to buy and sell merchandise denominated in a foreign currency
D) to import merchandise denominated in its currency rather than the currency of the exporter
D
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When energy productivity is measured by the number of outputs produced divided by the dollars spent on energy used to generate this amount of output, it is a measure of:
A) total factor productivity. B) company productivity ratio. C) partial productivity ratio. D) industry productivity ratio. E) individual productivity ratio.
A business purchases $1,000 of office supplies on account. Which of the following accounts is debited?
A) Cash B) Accounts Payable C) Office Supplies D) Prepaid Asset