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
klemol [59]
3 years ago
15

Suppose the U.S.​ dollar-euro exchange rate is 1.11.1 dollars per​ euro, and the U.S.​ dollar-Mexican peso rate is 0.10.1 dollar

s per peso. What is the​ euro-peso rate? nothing euros per Mexican peso. ​ (Enter your response rounded to three decimal​ places.)
Business
1 answer:
d1i1m1o1n [39]3 years ago
3 0

Answer:

Explanation:

According to the given data we have the following:

1 euro=1.11 dollars

1 peso=0.10 dollars

Hence, 11.10 peso=1.11 dollares

So, 1 euro=11.10 peso

Therefore, 1/11.10 euro=1 peso

0.09009 euro=1 peso

The​ euro-peso rate is 0.09009 euro=1 peso

You might be interested in
What factors determine a company’s total revenue? Do higher prices lead to increased revenues for a company?
rusak2 [61]

Revenue is calculated by the number of goods sold times the price of those goods. It is different from profit, which is revenue minus costs.

Higher prices will likely not lead to increased revenue because as prices rise, demand falls and therefore the number of units sold changes.  

4 0
3 years ago
Read 2 more answers
When a firm shifts from transactional selling to a value-added and relationship approach, a number of changes have to take place
Verdich [7]

Answer:

When a firm shifts from transactional to value-added and relationship approach of selling the following changes takes place in the way the salesperson approaches he customer and their job:

  1. Whilst the objective the transactional approach is to make a sale, the relational approach is to build trust. When a customer trusts their sales person, it means they hold the sales person to put their interests first or at least take care of their interests whilst taking care of their too.
  2. The relational approach is more focused on retaining existing customers than making new ones. This is the obverse of a transactional relationship. It is said that it costs about 5 times extra to get a new client than what it takes to keep one. Thus the smart company focuses on honing this skill until they are better off for it.
  3. in a transactional approach, the nature of the relationship is relatively short, whilst it is stronger and longer in a relational approach. A Relational approach to selling can sometimes occur in the grey line between personal and official relationships.
  4. In a relationship-based approach to selling, the firm focuses on adding value in the primary areas of concern for the client as well as other areas. For example, a client - the CEO of a start-up requires recruitment, onboarding, and standard operating procedure as services from a HR firm. As a relational HR person, the best way to proceed would be to give him exactly what he wants and stil go ahead to add more value in other areas by giving templates of letter of appointment to the client.

Cheers!

3 0
3 years ago
Suppose that a business incurred implicit costs of $200,000 and explicit costs of $1 million in a specific year. If the firm sol
jenyasd209 [6]

Answer:

$200,000

Explanation:

Accounting profit = Total revenue - Explicit cost

Total revenue = 4000 × $300 = $1,200,000

$1.2 million - $1 million = $200,000

I hope my answer helps you

4 0
3 years ago
Select the examples of Warehousing and Distribution Center Operations workplaces. Check all that apply.
lara31 [8.8K]

Answer:

2,3,5,6

Explanation:

Edge 2021

7 0
3 years ago
Read 2 more answers
When an accelerated depreciation method is used to calculate depreciation expense: Multiple Choice the accumulated depreciation
erastovalidia [21]

Answer:

the net book value of the asset halfway through its useful life will be less than if straight-line depreciation is used.

Explanation:

Let me use an example to illustrate this.

An asset has a useful life of 4 years. It costs $1000. It has a salvage value of 0

If the straight line depreciation method is used , the depreciation expense every year = $1000/ 4 = $250

The net book value halfway through its useful life = $1000 - ($250 x 2) = $500

If double declining method is used, the depreciation expense in the first year would be = 2/4 x $1000 = $500

The net book value at the beginning of year 2 = $1000 - $500 = $500

Depreciation expense in year 2 = 2/4 x $500 = $250

The net book value at the beginning of year 3 = $500 - $250 = $250

We can see that the net book value halfway through the useful is lower when double declining depreciation method is used

4 0
3 years ago
Other questions:
  • We will derive a two-state put option value in this problem. Data: S0 = 180; X = 190; 1 + r = 1.1. The two possibilities for ST
    9·1 answer
  • Gina wants to be able to try out multiple combinations of headlines and descriptions in order to optimize her results. Her marke
    9·1 answer
  • Todrick Company is a merchandiser that reported the following information based on 1,000 units sold: Sales $ 345,000 Beginning m
    6·1 answer
  • If investors receive a 6% interest rate on their bank deposits, what real interest rate will they earn if the inflation rate ove
    15·1 answer
  • Sandra Robinson is saving to buy a house in five years. She plans to put 20 percent down at that time, and she believes that she
    10·1 answer
  • In terms of soil behavior in earthquakes, building codes classify a construction site
    9·1 answer
  • What is a job interview
    5·2 answers
  • The Pan American Bottling Co. is considering the purchase of a new machine that would increase the speed of bottling and save mo
    9·1 answer
  • He has $800 to spend and wants to buy either a camera or a new photo editing software. Both the camera and the software cost $80
    11·1 answer
  • GDP data (billions of dollars)
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!