Voltac corporation (a u. s. company located in charlotte, north carolina) has the following import/export transactions denominated in mexican pesos in 2017:

mar 1bought inventory costing 100,000 pesos on credit.
may 1sold 60 percent of the inventory for 80,000 pesos on credit.
aug 1collected 70,000 pesos from customers.
sep 1paid 60,000 pesos to suppliers.

currency exchange rates for 1 peso for 2017 are as follows:

march 1$0.10
may 10.12
august 10.13
september 10.14
december 310.15

for each of the following accounts, how much will voltac report on its 2017 financial statements?

a. inventory.
b. cost of goods sold.
c. sales.
d. accounts receivable.
e. accounts payable.
f. cash.

1. all other things equal, according to the law of demand, when the price of a good falls, the demand for the good falls the demand for the good rises the quantity demanded of the good falls the quantity demanded of the good rises 2. when a market is in equilibrium, the quantity of the good that buyers are willing and able to buy exactly equals the quantity that sellers are willing and able to sell cannot be determined is less than the quantity that sellers are willing and able to sell is greater than the quantity that sellers are willing and able to sell 3. which of the following factors does not influence the demand for a good or service? consumer (buyer) income the price of related goods the number of sellers buyer expectations 4. when the number of sellers in a market increases, demand rises supply rises the price rises, all else equal the number of buyers falls

11.     before adding cream to a simmering soup, you need to a. simmer the cream. b. chill the cream. c. strain the cream through cheesecloth. d. allow the cream reach room temperature. student d   incorrect which answer is right?

One of your new suppliers, kim, has been hearing rumors about your firm’s lack of capability to deliver high quality products and writes an email asking you to address the claims being made. in replying to her, you want to be sure that you are very clear and leave no room for misinterpretation. which of the following aspects of effective communication should you give the most attention? (a) making sure you understand kim’s areas of expertise. (b) supporting your reply with relevant data and facts. (c) establishing your credibility as an expert. (d) paying attention to implied communications.