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
ra1l [238]
3 years ago
7

Suppose the exchange rate between u.s. dollars and swiss francs is sf 1.41 = $1.00, and the exchange rate between the u.s. dolla

r and the euro is $1.00 = 0.64 euro. what is the cross rate of swiss francs to euros
Business
1 answer:
Alexxandr [17]3 years ago
3 0
We are asked to solve for the cross rate of swiss francs  to euros and we are given with the following values:
swiss francs to dollar  ---->    1.41 = $1.00
Euro to dollar ------> 0.64 = $1.00

Solving for swiss francs to euro is shown below:
swiss francs / euro = 1.41 / 0.64
swiss francs = 2.2 euro
1 swiss francs = 2.2 euro
You might be interested in
Ivanhoe Corporation issued $468,000 of 6% bonds on May 1, 2020. The bonds were dated January 1, 2020, and mature January 1, 2023
max2010maxim [7]

Answer:

May 1, 2020

Dr Cash $477,360

Cr Bonds Payable $468,000

Cr Interest Expense $9,360

July 1, 2020

Dr Interest Expense $14,040

Cr Cash $14,040

Dec 31, 2020

Dr Interest Expense $14,040

Cr Interest Payable $14,040

Explanation:

May 1, 2020

Dr Cash $477,360

Cr Bonds Payable $468,000

Cr Interest Expense $9,360

(Accrued Interest = 468,000 x 6% x 4/12)

July 1, 2020

Dr Interest Expense $14,040

Cr Cash $14,040

(Bond interest expense = $468,000 x 6% x 6/12)

Dec 31, 2020

Dr Interest Expense $14,040

Cr Interest Payable $14,040

6 0
3 years ago
An economic system is a structure for
Dominik [7]
It includes the combination of the various institutions, agencies, entities, decision-making processes, and patterns of consumption that comprise the economic structure of a given community. As such, an economic system is a type of social system....
7 0
2 years ago
A friend of yours is considering two cell phone service providers. Provider A charges $120 per month for the service regardless
erma4kov [3.2K]

Answer / Explanation:

To properly answer this question, we will first define some key terms which includes:

Surplus: This can be refereed to as an amount exceeding a particular requirement after it has been met.

Demand: This can be refereed to as the quantity of goods and serves a consumer or an individual is willing and pay for per time.

Now that we understand the basic concept above, we now refer back to the narrative of the question to try and answer t hem.

(a) With Provider A, the cost of an extra minute is $0. With Provider B, the cost of an extra minute is $1.

(b) With Provider A, my friend will purchase 150 minutes [= 150 – (50)(0)]. With Provider B, my friend would purchase 100 minutes [= 150 – (50)(1)].

(c) With Provider A, she would pay $120. With Provider B, he would pay $100.

(d) The figure below shows the friend’s demand. With Provider A, she buys 150 minutes and her consumer surplus is equal to (1/2)(3)(150) – 120 = 105. With Provider B, her consumer surplus is equal to (1/2)(2)(100) = 100

(e) I would recommend Provider A because she receives greater consumer surplus when buying from that provider.

7 0
3 years ago
Probett Toy Company makes its own wind-up motors, which are then put into its toys. While the toy manufacturing process is conti
Klio2033 [76]

Answer: 1683 units

Explanation:

6 0
3 years ago
Most businesses in the United States are a. corporations b. proprietorships c. separate entities d. partnerships
Yanka [14]

Answer and Explanation:

b. proprietorships

4 0
2 years ago
Other questions:
  • BruceCo competes in the premium coffee market in the San Francisco area. The biggest competitor, Starbucks controls 48% of the m
    8·1 answer
  • !!!!
    9·1 answer
  • _____________ tends to discourage firms from making physical capital investments.
    9·1 answer
  • Help with this please
    13·1 answer
  • When the number of responses is important to a schedule of reinforcement, that schedule is called a ________ schedule?
    14·1 answer
  • Walter Utilities is a dividend-paying company and is expected to pay an annual dividend of $0.65 at the end of the year. Its div
    9·1 answer
  • MARK MORE THAN ONE PLS!!!!!!!! HELP!!!!
    7·1 answer
  • Sheffield Corp. is unsure of whether to sell its product assembled or unassembled. The unit cost of the unassembled product is $
    8·1 answer
  • Five years ago Thompson, an investor, ran across a board game that he enjoyed and believed the game would become very popular. H
    7·1 answer
  • What are the important long-term issues relevant for managing capacity, revenue, and customer satisfaction for southwest airline
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!