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mamaluj [8]
2 years ago
13

Assume the Canadian dollar is equal to $.90 and the Argentine peso is equal to $.30. The value of the Canadian dollars is _____

Argentine pesos.
Business
1 answer:
Viefleur [7K]2 years ago
6 0

The value of the Canadian dollars is 3 Argentine pesos.

<h3>What is currency conversion?</h3>

Conversion conversion refers to the ratio between two currencies, most commonly used in foreign exchange markets. It shows how much of one currency is needed to exchange for the equivalent value of another currency.

Given the above, let :

CAD/ARS = rate of canadian dollar in terms of argentine peso

CAD/USD = rate of canadian dollar in terms of US Dollar = $0.90

ARS/USD = rate of argentine peso in terms of US Dollar = $0.30

     

Here, since the Canadian dollar and Agentine peso have US dollar as their common variable currency (that is the currency which can change its amount for one unit of another currency), the exchange rate of Canadian dollar in terms of Argentine peso is given by:

CAD/ARS = {(CAD / USD) / (ARS / USD)}

CAD/ARS = $0.9 / $0.3

CAD/ARS = 3

Therefore, 1 Canadian dollar = 3 Argentine peso.

Learn more about currency conversion here : brainly.com/question/906390

     

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Available options are:

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c. Foot-in-the-door

d. Lowballing

Answer:

Option D. Lowballing Strategy

Explanation:

Lowballing strategy is when an organization advertises its low cost product or service and doesn't advertises the hidden costs to attract customers. The customer when interacts the company the sales team most likely make sales due to their experience. Such type of marketing products is common in printers whose cost is kept low whereas the tuner price is kept high which helps them to earn profit.

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Alma owns fifty shares of common stock in Alpha Corporation. Alma also owns eighty shares of preferred stock in the same corpora
andreyandreev [35.5K]

Given the situation described above, Alma will be able to cast <u>50 votes</u>.

This is because common stock gives voting rights to shareholders. And given that Alma has 50 shares of common stocks. Therefore, he would be able to cast 50 votes.

On the other hand, preferred stocks give no voting rights to shareholders.

However, preferred shareholders have preference over a company's revenue or earnings, which implies that they are paid dividends before common shareholders.

Hence, in this case, it is concluded that the correct answer is "50 votes."

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3 0
3 years ago
List at least 6 things your credit card company must clearly disclose to consumers.
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It is important to review the credit card disclosure for information on APRs, Penalties, Grace periods, Minimum financing charges, Calculation methodologies, and Fees.

An explanation of all the fees, charges, interest rates, and conditions that a consumer can encounter when using the credit card is contained in a credit card disclosure. The legislation requires disclosure of this information by organizations that provide credit cards. The disclosures on credit cards offer clear information about costs and charges. They also encourage rivalry. To allow consumers to evaluate credit cards more effectively, it is legally necessary of all credit card companies to give the same price information. They can pick the one that better serves their tastes in terms of price.

The interest rate that a client will pay on outstanding balances is the most obvious example of a cost listed on a credit card disclosure. Basic elements like the monthly payment deadlines will also be covered in the disclosure.

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1 year ago
Henry conducted a survey on an ad done by his company. In the survey, he asked people to evaluate the ad and state whether they
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3 years ago
Read 2 more answers
On January 1, 2017, Sheridan Company had a balance of $417,000 of goodwill on its balance sheet that resulted from the purchase
Thepotemich [5.8K]

Answer:

patent      301,350 debit

       cash                 301,350 credit

franchise 633,600 debit

        cash               633,600 credit

development expense   189,000 debit

         cash                                    189,000 credit

year-end adjustment:

amortization expense   50,225 debit

         patent                                  50,225 credit

amortization expense   31,680‬ debit

         patent                                  31,680‬ credit

Explanation:

The patent and franchise will be activate as there is a certain possibility to produce positive cashflow in the future.

They will be adjusted at year-end for amortization:

301,350 / 6 = 50,225 amortization on patent

633,600 / 10 = 63,360 amortization on franchise

As it was concede on July 1st then, we will do half-year

63,360 / 2 = 31,680‬

The development cost will be treated as expense as there is no precise information that can determined the development cost which yield a positive outcome.

8 0
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