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klasskru [66]
3 years ago
7

Eileen, a manager at an international restaurant chain, wants to know if it will be most cost effective to buy 1,000 pounds of s

ugar in Country X or in Country Y using U.S. dollars. Which of the following isEileen most likely trying to determine?
A) purchasing power parity
B) economic growth rate
C) gross domestic income
D) gross national product
Business
1 answer:
liberstina [14]3 years ago
3 0

Answer:

The correct answer is letter "A": Purchasing Power Parity.

Explanation:

Purchasing Power Parity or PPP compares currencies of different countries through the approach of a market basket of goods. Two currencies are in PPP when, in both countries, a market basket of goods, taking into account the exchange rate, is priced the same. PPP currency rates are considered more reliable than the exchange rates on the market.

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Bridgette is a managerial accountant at the Middle Peninsula Manufacturing Company.​ Recently, Bridgette received a Certified Ma
Anettt [7]

Answer:

B. Institute of Management Accountants​ (IMA)

Explanation:

B. Institute of Management Accountants​ (IMA)

The Institute of Management Accountants is an institute where individuals are taught courses in accounting, financial accounting, management accounting, business studies, economic laws etc. This institute prepares the person to have professional study of all the managerial accounting practices involving different fields of study. There are three  basic stages, the first is the operational level, then the managerial level and the third is the strategic level. At each level a competitive exam is held to ensure the learning of accurate and high structured policies among emerging accounting managers.

It is a member of different  international accounting bodies and firms .

4 0
3 years ago
Duress is a possible ground for rescission of a contract.​<br><br> a. true<br><br> b. fals
WARRIOR [948]

False

Duress is used to enforce a contract, not for the rescission of a contract.

5 0
4 years ago
Medicare deduction is withheld at a standard rate of 1.45 percent. suppose your gross pay this week is $750. how much medicare t
Hoochie [10]
1.45% = 0.0145
0.0145 * 750 = 10.875
You will have $10.88 withheld from your paycheck this week for medicare tax.
5 0
3 years ago
Last year, Sams swimming pool cleaning had a gross profit of $105,355 and net income of $72,010. Calculate sams operating expens
Sindrei [870]
The answer is B. You subtract the profit and income and you should get 33,345.
6 0
3 years ago
A firm is reviewing an investment opportunity that requires an initial cash outlay of $336,875 and promises to return the follow
Fofino [41]

Answer:

The NPV of this investment is $64,581.75

Explanation:

Hi, we need to discount to present value all the future cash flows, the formula to use is as follows:

NPV=-Investment+\frac{CF1}{(1+r)^{1} }+\frac{CF2}{(1+r)^{2}} +\frac{CF3}{(1+r)^{3}} +\frac{CF4}{(1+r)^{4}} +\frac{CF5}{(1+r)^{5}}

Where

NPV = Net Present Value

CF = The cash flow stated in the problem by year

r= discount rate (in our case, 0.08 or 8%)

Now, let´s solve this.

NPV=-336,875+\frac{100,000}{(1+0.08)^{1} }+\frac{82,000}{(1+0.08)^{2}} +\frac{76,000}{(1+0.08)^{3}} +\frac{111,000}{(1+0.08)^{4}} +\frac{142,000}{(1+0.08)^{5}}

NPV=-336,875+ 92,592.59 + 70,301.78 + 60,331.25 + 81,588.31+96,642.81

NPV=64,581.75

So, the net present value of this project is $64,581.75

Best of luck.

7 0
3 years ago
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