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bija089 [108]
3 years ago
13

Tee Time Golf Resort plans to use famous Kauri wood from New Zealand for parts of the interior of the magnificent clubhouse at i

ts new golf resort near Salem, OR. According to the importer, each 10-foot slab will cost Tee Time approximately $5,000. Looking at the exchange rates, Tee Time's finance director noted that $500 US dollars = $738 NZ dollars. The importer will order directly from his source in New Zealand. Tee Time's finance director has determined that
A. there will be a shortage of the wood.
B. it will cost less when the exchange rate of U.S. dollars to NZ dollars is just about equal.
C. it's a good time to buy the wood.
D. it's not a good time to buy the wood.
Business
1 answer:
LekaFEV [45]3 years ago
5 0

Answer: C. it's a good time to buy the wood.

Explanation:

$500 = 738NZ dollars, therefore 738 NZ dollar ÷ $500 = 1.476NZ dollar

The current exchange rate is $1 = 1.476NZ dollar

10 foot slab costs $5000, Tee Golf Resort will pay $ 3387.53 ($5000/1.476NZ)

if they import wood from New Zealand. Tee Golf Resort will pay less than $5000 if they import Wood from New Zealand at the current exchange rate. This is a Good time for them to import woods

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Eddi Din [679]

Answer:

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Explanation:

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4 years ago
A fee interest timeshare divides the ownership of a unit into separate time intervals.
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Answer:

The correct answer is letter "A": True.

Explanation:

A fee interest timeshare or a simple fee represents the highest possible ownership interest someone can hold in real estate. It implies the property in reference is deeded so it is provided officially the owners to the document holder. Thus, that individual could use the property at will.

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3 years ago
How did the minimum wage change in october 1996? what other change occurred in september 1997?
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3 years ago
Hunter Sailing Company exchanged an old sailboat for a new one. The old sailboat had a cost of $210,000 and accumulated deprecia
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your well-deserved reputation as a reliable person who does their work well cares about the people they work with and for, upholds high moral standards and values both personally and professionally, and keeps their word. The extent to which others trust or believe in you is referred to as credibility.

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