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
Tju [1.3M]
2 years ago
6

Brisco Bricks purchases raw material from its foreign supplier, Bolivian Clay, on May 8. Payment of 2,000,000 foreign currency u

nits (FC) is due in 30 days. May 31 is Brisco's fiscal year-end. The pertinent exchange rates were as follows:
May 8 Spot rate: $ 1.25
May 31 Spot rate: $ 1.26
Jun. 7 Spot rate: $ 1.20
For what amount should Brisco's Accounts Payable be credited on May 8?
Business
1 answer:
Gekata [30.6K]2 years ago
5 0

Answer:

$2,500,000

Explanation:

The computation of the amount which would be credited is shown below:

= Payment of foreign currency units (FC) is due in 30 days × exchange rate i.e spot rate on May 31

= 2,000,000 × $1.25

= $2,500,000

We simply multiply the payment with the spot rate so that the accurate value can come.

All other information which is given is not relevant. Hence, ignored it

You might be interested in
Survey
qaws [65]
<span>1. When John received his W2, he received several copies. Why was he sent multiple copies of this form?

The different copies are for John and each tax return he may file

2. Who sent John this W-2?

John's employer - ProperLiving Widget Engineering & Design


3. How much did John make in wages in the 2014 tax year? (assuming this was John's only job)

I do not know

4. How much did John 'take home' in net pay? (assuming this was John's only job)

I do not know


5. How much did John save in his 401(k) in the 2014 tax year?
I do not know


6. Assume your employer provides health care insurance and deducts your portion of the premiums from your paycheck with pre-tax dollars. Are your health insurance premiums federally tax deductible?
Yes


8. Select what would happen to your 1) taxable income and 2) tax liability when you are able to claim a deduction such as student loan interest?

1) lower 2) higher


9. Which are tax deductible?

Student loan payments


</span>
4 0
3 years ago
Land held for possible plant expansion would be included as an operating asset when computing return on investment (ROI).
Softa [21]

Answer:

B. False

Explanation:

Land held for possible plant expansion would NOT be included as an operating asset when computing return on investment (ROI).

Return on investment (ROI) is used to measure the profitability of an investment. It helps to compare the gain or loss from an investment in relation to its cost.

Return on investment can be used to determine

1. Profitability of a stock investment,

2. Profitability of the purchase of a business investment

3. Profitability of a real estate business

ROI = Net return / cost of investment × 100

Net return= Final value of investment - initial value of the investment

6 0
3 years ago
HI Corporation is considering the purchase of a machine that promises to reduce operating costs by the same amount for every yea
Alexus [3.1K]

Answer:

Annual savings = 61,746.

Explanation:

The Net Present Value (NPV) is the difference between the present value (PV) of cash outflows  and PV of cash inflow

At the internal rate of return the PC of annual cash savings will be equal to the investment cost

Initial cost = 211980

PV = annual cash savings = A× (1- (1+r)^(-n)/ r

A=?  r-internal rate of return, 14%, n-number of years- 5

211980 = A  (1- (1.14)^(-5)/ 0.14

211,980 = A× 3.433080969

A= 211,980/3.43308

A= 61746.28619

Annual savings = 61,746.

5 0
3 years ago
During negotiations, which of the following should you do? Focus on meeting your needs. Develop a rapport and focus on the obsta
sashaice [31]

Answer:

<u>Set objectives.</u>

Explanation:

For a negotiation to be effective, it is necessary for the negotiator to follow some important steps in the process that will help him acquire skills that will add to the success of the negotiation.

The first step, therefore, is the preparation of the negotiation, which will be the development of the plan and the definition of the negotiation objectives. Defining the objectives is to know and know what and with whom you are negotiating, knowing the other party and what you want, will be essential to achieve a positive result in a negotiation.

5 0
2 years ago
The workers are openly hostile to Scott when he enters the meeting. Which barrier to communication does the workers’ actions rep
Kruka [31]

Answer:

(e) defensiveness

Explanation:

The best option amongst all is defensiveness.

The workers action could also be understood as defensiveness. Hostility or having an unfriendly attitude is a major barrier in communication especially in organizations.

The workers were not open minded and lacked respect to listen to what Scott would have said at the meeting.

Other barriers to communication includes, Emotions, Cultural Barriers etc.

5 0
3 years ago
Other questions:
  • George saves 18% of his total gross weekly earnings from his 2 part-time jobs. he earns $6.25 per hour from one part-time job an
    6·2 answers
  • An equipment costing $60,000 is being evaluated for a production process at Don Jones Co. The expected benefits per year is $4,5
    6·1 answer
  • Art likes to invest his spare cash in the stock market. In the past, he has focused on growth stocks and long-term value to take
    10·1 answer
  • What is one way to speed up the acquisition of a classically conditioned response?
    13·1 answer
  • Government survey takers determine that typical family expenditures each month in the year designated as the base year are as fo
    5·1 answer
  • Which action is LEAST important to maintaining a healthy credit score?
    5·1 answer
  • Erik has a five-dollar bill. He uses it to pay for a soda and a hamburger. What form of financial exchange is this?
    8·1 answer
  • Potter Industries has a bond issue outstanding with an annual coupon of 6% and a 10-year maturity. The par value of the bond is
    7·1 answer
  • Three admission test preparation programs are being evaluated. Suppose the scores obtained by a sample of 20 people who used the
    10·1 answer
  • Organizational purpose serves as the basis for an organization's ______. (select all that apply)
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!