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ExtremeBDS [4]
3 years ago
12

Solartech Corporation, a U.S. exporter, sold a solar heating station to a Japanese customer at a price of 143.5 million yen, whe

n the exchange rate was 140 yen per dollar. In order to close the sale, Solartech agreed to make the bill payable in yen, thus agreeing to take on exchange rate risk for the transaction. The terms were net 6 months. If the yen fell against the dollar such that one dollar would buy 154.4 yen when the invoice was paid, what dollar amount would Solartech actually receive after it exchanged yen for U.S. dollars? (Hint: You are converting Yen to U.S. dollar based on the current value of Yen to one U.S. dollar) Select one: a. $1,000,000 b. $1,025,000 c. $1,075,958 d. $ 929,404 e. $ 975,610
Business
1 answer:
Ulleksa [173]3 years ago
3 0

Answer:

$929,404.15 (approx)

Explanation:

The dollar amount actually earned by Solartech after exchanging yen for U.S. dollars :-

= Price ÷ One dollar bought

= 143,500,000  ÷ $154.40 yen

= 143,500,000 ÷ $154.40  yen

= $929,404.15 (approx)

Therefore for computing the dollar amount actually earned by Solartech after exchanging yen for U.S. dollars, we simply divide price by one dollar bought.

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Answer:

Purchase money mortgage.

Explanation:

A purchase money mortgage is the loan that is given to the individual buying the property.

This loan is issued by the seller of the property as a part of the transaction made when selling the property. The interest rate that comes with this type of loan is high.

The buyers benefit from the purchase money mortgage due to the flexible requirements that is needed in collecting the loan while the sellers benefits from the high interest rates that is added to the loan.

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3 years ago
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The price one bicycle is $21

Explanation:

because 100÷10=0.1

and the total is 300$

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answer is 21

7 0
2 years ago
Rey bought 10 shares of Apex Co. for $17 each and later sold all of them at
cluponka [151]

Answer:

C. Capital Loss

Explanation:

When the selling price of an asset like bonds etc exceeds it purchase price then the capital profit will be the difference between sale and purchase price.

But if the purchase price is greater than the sale price the difference is called Capital loss.

Example: if we buy 100 shares for $20 each and after a year sell them for $ 18 then the difference is called the capital loss.

6 0
3 years ago
Which activity is a marketing technique?
larisa86 [58]
C , calling a potential customer to inform them about a new program
6 0
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cestrela7 [59]

Six-membered cyclic hemiacetals and five-membered cyclic hemiacetals are called, respectively, <u>none of the above</u>.

<u>Explanation:</u>

Pyranoses and furanoses are the terms used to mention the six-membered cyclic hemiacetals and five-membered cyclic hemiacetals respectively.

Pyranose is a saccharide having a chemical structure that includes a six-membered ring. One oxygen atom and five carbon atoms are present in the six-membered ring. The external part of the ring may have some carbons.

The carbohydrates having a chemical structure with a five-membered ring system is known as furanoses. One oxygen atom and four carbon atoms and are present in the five-membered ring system. There is no chance of double bonds in the furanose ring.

5 0
3 years ago
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