Answer:
12.18%
Explanation:
Company selling price in US = $55,000
(which is equal to price with 20% margin)
= 27,363 pounds × $2.01
= $55,000
Now the exchange rate increased to $2.15 per pound,
so here the manufacturing cost of the car will increase according to the increase in the exchange rate.
The selling price remains constant, then the profit margin is as follows;
Manufacturing cost of the car = 22,803 pounds × $2.15
= $49,026.45
Selling price = $55,000
Profit margin:
= Selling price - Manufacturing cost
= 55,000 - 49,026
= $5,973.55
Margin percentage = Profit margin ÷ Manufacturing cost of the car
= $5,973.55 ÷ $49,026.45
= 12.18%
The Sarbanes-Oxley Act requires both CEOs and CFOs to personally vouch for the reported financial earnings of a company. This law was passed shortly after the Enron scandal.
<h2>answer </h2>
A
<h2>explanation</h2>
as interest rates decreases, people have less disposable income to spend therefore they will demand less and aggregate demand will shift to the left.
Answer:
$140
Explanation:
Calculation for What is the least amount the government can spend to overcome the $350 billion gap
First step is to find the Multiplier using this formula
Multiplier=1(1-Marginal propensity)
Let plug in the formula
Multiplier=1/(1-0.6)
Multiplier=1/0.4
Multiplier=2.5
Now let calculate the least amount the government can spend using this formula
Least amount=Gap/Multiplier
Let plug in the formula
Least amount=$350 billion /2.5
Least amount=$140
Therefore the least amount the government can spend to overcome the $350 billion gap is $140
