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stealth61 [152]
3 years ago
8

In Ireland, a pint of beer costs 2.2 Irish pounds. In Australia, a point of beer costs 4 Australian dollars. If the nominal exch

ange rate is 2 Australian dollars per Irish pound, what is the real exchange rate from the Irish perspective?
Business
1 answer:
AnnZ [28]3 years ago
7 0

Answer:

.91 pints of irish beer per pint of Australian beer

Explanation:

As we know that

The exchange rate of

1 AUD = 0.5 pound

Now

In Ireland, 1 beer cost = 2.2 pound

And, in Australia, 1 beer cost = 4 AUD

As 1 AUD = 0.5 pound

so 4 AUD is

= 0.5 × 4

= 2

Now the exchange rate is

= 4 AUD beer cost ÷ 1 beer cost in Ireland

= 2 ÷ 2.2

= 0.91

hence, the real exchange rate is 0.91

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Clabber Company has bonds outstanding with a par value of $119,000 and a carrying value of $108,700. If the company calls these
Vladimir79 [104]

Answer:

option (b) $4,200 gain

Explanation:

Data provided in the question:

Par value of outstanding bonds  = $119,000

Carrying value of the bonds = $108,700

Price at which bond is called = $104,500

Now,

Gain on the retirement is calculated using the relation as;

Gain on retirement

= Carrying value of Bonds - Price at which bond is called

= $108,700 - $104,500

= $4,200

Since, the result is positive, therefore a gain will be recognized

Hence, correct answer is option (b) $4,200 gain

6 0
3 years ago
Suppose NanoSpeck, a biotechnology firm, is selling stocks to raise money for a new lab—a practice known as finance. Buying a sh
marishachu [46]

Answer: Bond holders                                          

                 

Explanation: In simple words, bondholders refers to the creditors of the organisation. The holders of the bond are not the owners as they are paid fixed interest and are not able to participate in the decision making of the company.

In the event of liquidation, bondholders are paid first because it is assumed that the decision makers should be punished for the liquidation and hence they should be paid at last.

5 0
3 years ago
TB MC Qu. 9-371 Irving Corporation makes a product with ... Irving Corporation makes a product with the following standards for
lisov135 [29]

Answer:

Variable manufacturing overhead rate variance= $664 favorable

Explanation:

Giving the following information:

Variable overhead 0.2 hours $ 5.10 per hour

The company used 1,660 direct labor-hours to produce this output. The actual variable overhead cost was $7,802.

<u>To calculate the variable overhead rate variance, we need to use the following formula:</u>

Variable manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity

Actual rate= 7,802/1,660= $4.7

Variable manufacturing overhead rate variance= (5.1 - 4.7)*1,660

Variable manufacturing overhead rate variance= $664 favorable

6 0
3 years ago
If the last data point in this chart is the accumulated total (1258), what will you do to set up the chart properly?
KATRIN_1 [288]

Right click the last data point and select "Set as Total"

<h3>What is accumulated total?</h3>

A running total stands for the summation of a sequence of numbers that exists updated each time a new number stands added to the sequence, by adding the value of the new number to the prior running total. Another term for it exists as a partial sum. The objectives of a running total exist twofold. Accumulated value, also directed to as accumulated amount or cash value, exists computed as the sum or total of the initial investment, plus interest earned to date.

A chart exists as a graphical representation for data visualization, in which "the data is described by symbols, such as lines in a bar chart, lines in a line chart, or slices in a pie chart". A chart can illustrate tabular numeric data, functions, or some types of quality structure and provides various info.

Right click the last data point and select "Set as Total".

To learn more about accumulated total refer to:

brainly.com/question/13131255

#SPJ4

5 0
2 years ago
The Bretton woods system of exchange rates relied on A. Fixed exchange rates with no mechanism for changing them. B. Fixed or pe
aleksklad [387]

The Bretton woods system of exchange rates relied on <u>"fixed or pegged exchange rates, with occasional orderly adjustments to the rates."</u>



The Bretton Woods arrangement of money related administration built up the rules for business and monetary relations among the United States, Canada, Western Europe, Australia, and Japan after the 1944 Bretton Woods Agreement. The Bretton Woods framework was the principal case of a completely arranged financial request expected to administer money related relations among free states. The central highlights of the Bretton Woods framework were a commitment for every nation to embrace a fiscal approach that kept up its outer trade rates inside 1 percent by binds its money to gold and the capacity of the IMF to connect transitory uneven characters of installments. Likewise, there was a need to address the trouble among different nations and to anticipate focused depreciation of the monetary forms also.


6 0
3 years ago
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