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iVinArrow [24]
2 years ago
13

Kari is on a trip to italy. she has made a list of cities she would like to tour while she is there, as well as how much she exp

ects it will cost her (between transportation, admission, souvenirs, and so on) to see each one. the prices are listed in either us dollars ($) or euros (€). kari has a budget of $585 set aside for sightseeing. item cost currency tour of the vatican 68.77 € tour of rome 95.41 € tour of naples 71.06 $ tour of venice 113.38 $ tour of milan 49.69 € she would also like to tour genoa as well, which would cost her €60.85. if the conversion rate of us dollars to euros at the time of kari’s visit is 1:0.6859, how will this affect her budget? round all dollar values to the nearest cent. a. kari can see genoa and have $60.33 left in her budget. b. kari can see genoa and have $41.38 left in her budget. c. kari has almost exactly enough left in her budget to see genoa. d. kari cannot afford to see genoa, because it would put her $84.48 over budget.
Business
1 answer:
stealth61 [152]2 years ago
4 0

Based on the amount budgeted and the cost of sight seeing, kari has almost exactly enough left in her budget to see genoa.

<h3>Which city should Kari see?</h3>

Exchange rate is the rate at which one currency is exchanged for another currency. In ths question, 1 dollar is exchange for 0.6859 euros.

  • The first step is to convert the amount budgeted to Euros: 585 x 0.6859 =  401.25
  • Cost in Euro of seeing Naples : 0.6859 x 71.06 = £48.74
  • Cost in Euro of seeing Venice : 0.6859 x 113.38 = £77.77
  • Total cost of the sightseeing =  £48.74 + £77.77 + £68.77+ £95.41 + £49.69  + £60.85 = £401.25

To learn more about exchange rate, please check: brainly.com/question/13717814

#SPJ4

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Adams Corporation's present capital structure, which is also its target capital structure is
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Task b:

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<h2>Task a:</h2><h3>What is the maximum amount of new capital that can be raised at the LOWEST  component cost of EQUITY?</h3><h3>Solution:</h3>

We already know the following:

Projected net income = $21,000

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The maximum amount of new capital that can be raised at the lowest component of equity is $24,500.

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Since B is the predecessor of C.

Project completion time for each run will be calculated as Maximum (Duration of A, Duration of B +Duration of C).

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1       51            48                        17             48 + 17 = 65

2      60          48                        19             48 + 19 = 67  

4      31           48                       22              48 + 22 = 70

5      30         31                         14              31 + 14 = 45

6      41           16                       17                 41

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8     44            12                      10                44

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10     60          41                     10                60

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Total Project completion time in 10 Stimulations = 546

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