1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
OLga [1]
3 years ago
11

Assume €1 = $1.1364 and $1 = S$1.2408. A new coat costs S$213 in Singapore. How much will the identical coat cost in euros if ab

solute purchasing power parity exists?
Business
1 answer:
alexandr402 [8]3 years ago
5 0

Answer:

151.05 euro

Explanation:

The computation is shown below:

Data provided in the question

€1 = $1.1364

$1 = $1.2408

And the new coat cost is $213 in Singapore

So, by considering the above information

The 1 euro = $1.1364 × $1.2408 = $1.4100512

So,

$1 = 1 ÷ $1.4100512 euro = 0.709194

So, the identical coat cost is

= $213 ×  0.709194

= 151.05 euro

You might be interested in
In some cases oligopolies can benefit society by:
nirvana33 [79]
Answer:

b) taking advantage of scale economies to produce at low average cost.
5 0
2 years ago
Which business letter feature is found at the top of the page?
kvv77 [185]

Answer:

Return address apex :) GoodLuck

Explanation:

8 0
3 years ago
How would you respond to the argument that it is impossible to judge how successful a project like this one would have been unle
ANTONII [103]

<u>Answer:</u>

<u>Explain forecasting</u>

<u>Explanation:</u>

This implies that I will have to let the other person know that it possible to judge how successful a project would be by doing what is called forecasting.

Forecasting allows one to project to a <em>reasonable extent</em> what the success level of a project would be, especially in terms of it's revenue, overall expenses before the project is carried out. A good forecasting tool is Forecast web application which provides future estimates of budget and task duration.

8 0
3 years ago
Keith Inc. has 4 product lines: sour cream, ice cream, yogurt, and butter. Demand of individual products is not affected by chan
aleksley [76]

There will be decrease in profit if dropping of sour cream. So that means Keith Inc would lose $4,000.00

3 0
3 years ago
Read 2 more answers
A steel manufacturing firm with about 1,000 employees operates in an environment that is simple and integrated (it makes a small
WINSTONCH [101]

Answer:

Organic structure.

Explanation:

Organic structure: It is defined as flat organizational structure as it does not follow normal hierarchical structure, it is more of a decentralized structure with a lesser layer of management at every level, where more information is shared among employee and each department co-operate with other departments, which helps the organization to adapt well with the changes. Employees have the opportunity to participate in the decision-making process of the organization.

In the given case, Steel manufacturing firm are following an environment that is simple and integrated but also dynamic and hostile, which is a perfect organic structure.

4 0
3 years ago
Other questions:
  • In the context of enterprise resource planning (ERP) systems, the most efficient and effective ways to complete a business proce
    6·2 answers
  • Financial Crisis Suppose that banks are less able to raise funds and so lend less. Consequently, because people and households a
    14·1 answer
  • Due to increased mailing costs the new rate will cost $54 million this is 12.9% more than they paid the previous year. How much
    5·1 answer
  • Joe is an 18 year old high school student. If there is a sharp rise in interest rates, which situation BEST reflects how Joe's l
    11·1 answer
  • How long does it take to be an immigration lawyer and what’s the average salary?
    15·2 answers
  • Who is the world 2nd world richesten?​
    10·1 answer
  • Jefferson tutoring had the following payroll information on Feb 28:
    6·1 answer
  • 9.Not Answered 10.Not Answered Question Workspace Which of the following statements is CORRECT? a. If a firm increases its sales
    7·1 answer
  • Hector, a manager at Roseland Corp., recently illustrated __________ by promoting two employees because their performance had gr
    9·1 answer
  • To convert a balance sheet into a commonsize balance sheet statement, we restate all the numbers as percentages of ________. a.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!