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
bagirrra123 [75]
3 years ago
9

If the exchange rate for canadian and u.s. dollars is 0.82777 to 1, this implies that 3 canadian dollars will buy ____ worth of

u.s. dollars.
Business
1 answer:
Delvig [45]3 years ago
8 0
0.82777 Canadian dollars = 1 US dollars
1 Canadian dollar = (0.82777 /1.000) US dollars
3 Canadian dollars = ((0.82777 /1.000) x 3) = $2.48331
You might be interested in
The degree of financial leverage for ABC Inc. is 2.5, and the degree of financial leverage for XYZ Corporation is 1.5. According
trapecia [35]

Answer:

a. ABC Inc.

Explanation:

The degree of financial leverage is expressed by the following formula,

= \frac{EBIT}{EBT}

The ratio represents the relationship between net operating profits and profits after financial fixed costs.

Higher the degree of financial leverage, higher will be the financial risk.

In the given case, ABC Inc.'s degree of financial leverage is higher which suggests that ABC has employed more of debt in it's financial structure owing to which higher fixed cost obligations in the form of interest payments have been created.

Thus, ABC Inc. will have a greater financial risk.

7 0
3 years ago
Annabelle is a law enforcement officer whose job often entails patrolling a neighborhood that is far from the sheriff’s office.
sweet-ann [11.9K]

Answer:

<u>Peers</u>

Explanation:

Annabelle is a law enforcement officer whose job often entails patrolling a neighborhood that is far from the sheriff's rarely witness her work . <u><em>Peers </em></u>would offer the sherrif a clear picture of Annabelle's performance as a police officer .

<em>Peer is the whose is equal to you . We can say that , peer is the person who has same job level or status you have .</em>

There is a difference between colleague and peer , colleague ca be anyone the person who is senior or the person who is junior but peer is the the who stands equally.

Peer develops a good habit in its group like reading , learning new thing , exploring etc.

<em>Peer groups are of basically two types that are negative and positive</em>.

8 0
3 years ago
Jasper Company has sales on account and for cash. Specifically, 70% of its sales are on account and 30% are for cash. Credit sal
kaheart [24]

Answer:

Jasper Company

Cash Receipts Budget for April, May, and June:

                                        April             May              June               Total

Cash Sales 30%         $157,500      $160,500      $168,000        $486,000

Credit Sales 70%         400,000       367,500        374,500         1,142,000

Total                           $557,500    $528,000     $542,500     $1,628,000

Explanation:

1. Cash Receipts Budget shows the estimated cash receipts from customers and other sources.

2. Calculations:

a) Cash Sales for April = 30% of April Sales = 30% * $525,000 = $157,500.  The difference of 70% is received in May.

b) Sales received on account for April = 100% of Accounts Receivable = $400,000.

c) Cash Sales for May = 30% of April Sales = 30% * $535,000 = $160,500.  The difference of 70% is received in June.

d) Cash Sales for June = 30% of April Sales = 30% * $560,000 = $168,000.  The difference of 70% is received in July.

3 0
3 years ago
A new variety of Doritos is initially introduced in Fort Worth, Texas; Columbia, South Carolina; Peoria, Illinois; and Spokane,
Alex787 [66]

Answer:

Roll-out approach

Explanation:

In the roll-out approach a company tries out a campaign or promotion in some part of a country and if successful, they replicate same in other areas, and then across the country. The new variety of Doritos was first rolled out in areas that they company felt they could measure the success of the brand, and then finally rolled out to the entire country.

6 0
3 years ago
Read 2 more answers
Henry Garrison starts the month with a balance on his credit card of $1,130. The average daily balance for the month, including
hoa [83]

Answer:

Interest expense $ 11.15

Explanation:

As the bank uses the average daily balance excluding new purchases we should use that amount to solve for the interest expense.

The rate is one and a half percent therefore, 1.5% --> 0.015

principal x rate = interest

$743 x 0.015 = $ 11.145

3 0
3 years ago
Other questions:
  • What type of policy is President Obama referring to when he says, “More people spending more money means more businesses will be
    8·2 answers
  • The following transactions are July activities of Bill’s Extreme Bowling, Inc., which operates several bowling centers.
    7·1 answer
  • The bureau of labor statistics has identified four leading causes of workplace deaths in the construction industry what are thes
    6·1 answer
  • Marx Supply uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Journali
    11·1 answer
  • f a company is to respond successfully to change, it must be able to _____ and _____, which is known as the _____ approach.
    10·1 answer
  • Recommend two aspects you would include when preparing a flyer
    14·1 answer
  • Do you think that most mane gets in real life use a con
    14·1 answer
  • Expansionary monetary policy is more effective in an open economy because:.
    12·1 answer
  • Guido and hal want to rescind their contract under which guido sold hal a mountain bike for $100. To rescind the contract.
    12·1 answer
  • after conducting your end of period physical inventory count, you realize that for several customer orders, the transfer of lega
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!