Ayuda como cambio de idioma a la aplicación sin que me tenga que cambiar de cuenta
Answer:
$2.4074/pound
Explanation:
The law of one price states that the same good in two different countries must be sold for the same amount of money, which means that the $/pound spot rate must ensure that wheat costs the same on both countries.
Therefore, the spot rate 'r' is:
The spot rate should be $2.4074/pound.
Answer:
$284,200
Explanation:
The computation of cash collections is shown below:-
Cash sales of October = $282,000 × 80%
= $225,600
Credit sales collection
September = ($304,000 × 20%) × 50%
= $30,400
October = $282,000 × 20% × 50%
= $28,200
Total cash collections for the month of October = Cash sales of October + Credit sales collection of September + Credit sales collection of October
= $225,600 + $30,400 + $28,200
= $284,200
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