Influence the value of a business
List and explain the three financial factors that influence the value of a business.
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The business maintains a perpetual inventory system, costing by the first-in, first-out method. Determine the cost of the merchandise sold for each sale and the inventory balance after each sale.
How can we measure a nation's degree of economic interdependence with the rest of the world? Why does the U.S. rely less on trade than most other developed nations?
What happens to the equilibrium rate of exchange and to the equilibrium quantity of foreign exchange if the nation's demand for the foreign currency decreases? Why?
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How are financial trades made in an over the counter market? Discuss the role of a dealer in the OTC market.
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