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elena55 [62]
2 years ago
9

Tee Time Golf Resort plans to use famous Kauri wood from New Zealand for parts of the interior of the magnificent clubhouse at i

ts new golf resort near Salem, OR. According to the importer, each 10-foot slab will cost Tee Time approximately $5,000. Looking at the exchange rates, Tee Time's finance director noted that $500 US dollars
Business
1 answer:
Crazy boy [7]2 years ago
7 0

Tee Time Golf Resort plans to use famous Kauri wood from New Zealand for parts of the interior of the magnificent clubhouse at its new golf resort near Salem, OR. According to the importer, each 10-foot slab will cost Tee Time approximately $5,000. Looking at the exchange rates, Tee Time's finance director noted that $500 US dollars are equal to $738 NZ dollars.

<h3>What do you mean by exchange rates?</h3>
  • The rate at which one currency will be exchanged for another is known as the exchange rate in the world of finance.
  • Most often, currencies are national ones, but they can also be supra-national ones like the euro or sub-national ones like Hong Kong.
  • The value of one country's currency in respect to another currency is also thought of as the exchange rate.
<h3>What is Tee?</h3>
  • In sports, a tee is a platform that is used to raise and hold a stationary ball before being struck with a foot, club, or bat.
  • Tees are often used in sports including rugby, baseball, American football, tee-ball, golf, and baseball.
  • The word "tee" is related to the "house" (the colored circles) in curling and comes from the Scottish Gaelic word "taigh," which means "house."

Learn more about exchange rates here:

brainly.com/question/22996931

#SPJ4

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You own 230 shares of stock in Green Mild Chili Peppers, Inc., that currently sell for $50.70 per share. The company has announc
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Answer:

This equals $12,256.70 (230 x $50.70 + 230 x $2.59)

Explanation:

The value of the portfolio on May 3 is the sum of the market value of the shares plus the sum of the returns in form of dividends to be received.

This value adds the weight of the investment obtained by multiplying the total shares held with its market price to the expected dividend returns on the given date.

6 0
3 years ago
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In the second half of the twentieth​ century, Japan experienced exceptional growth. According to World Bank​ data, in​ 1985, Jap
Aleks04 [339]

Answer:

$17.02 trillion

Explanation:

The computation of the projected GDP in 2010 is shown below:

= Japan's GDP × (1 + annual growth rate)^difference in years

= $3.67 trillion × (1 + 6.33%)^25

= $3.67 trillion × (1.0633)^25

= $3.67 trillion × 4.6386899679

= $17.02 trillion

The difference in years would be

= Year 2010 - Year 1985

= 25 years

Hence, all the given information is relevant

7 0
3 years ago
Answer the following questions about the tax multiplier: Instructions: In parts a and b, round your answer to 2 decimal places.
Stolb23 [73]

Answer: -9

Explanation:

The Tax multiplier of a nation shows how much the aggregate demand of an economy will change if there is a change in taxes.

It is calculated by the formula:

= -MPC / ( 1 - MPC)

= -0.9 / (1 - 0.9)

= -9

<em>If taxes are reduced, aggregate demand would increase by 9 times. </em>

3 0
3 years ago
) Market size and growth rates in different countries can be influenced positively or negatively by A. E) the absence or presenc
tatyana61 [14]

Answer:

B. A) population sizes, income levels and cultural influences, the current state of the infrastructure, and distribution and retail networks available. 

Explanation:

In a country where population is high, the demand for goods and services would be high and this would stimulate market growth. On the other hand, in a country where population is low, demand for products would be low and this can hinder market growth.

In a country where income level is high, demand for goods and services would also be high and this would stimulate market growth. The opposite is the case when income is low.

The presence of good infrastructure in a country enhances innovation and production and this can lead to market growth.

The presence of a strong and good retail network to enhance distribution of goods and services can lead to market growth as it assures producers of efficient distribution of goods and services produced.

I hope my answer helps you

3 0
3 years ago
Which of the following is not an example of a SMART long-term education or
valkas [14]

Answer:

The last one

Explanation:

A SMART goal always start with 'I will', this one starts with 'I want'

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3 years ago
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