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
kari74 [83]
3 years ago
12

A) You observe the following exchange rates in the market.

Business
1 answer:
blagie [28]3 years ago
6 0

Answer: i. €0.11

ii. €1.08

Explanation:

i. If we get 1 krona for every $0.13 then how many krona do we get per dollar?

= 1/0.13

= 7.69 Krona is to $1

If $1 is 7.69 Krona and $1 is also €0.85 then that means that,

€ 0.85 = 7.69 Krona

So for each Krona exchanged, we get how many Euro,

= 0.85/7.69

= 0.11

For each Krona exchanged, we get €0.11

ii. Following the example of the first question,

if £1 is to $1.12 then how many pounds are a dollar?

= 1/1.12

= 0.89

£0.89 is equal to a dollar.

if €1 is to $1.04 then how many euros are a dollar?

= 1/1.04

= 0.96

€0.96 are equal to a dollar.

This means that,

£0.89 = €0.96

So for every British Pound exchanged we get how many Euros?

= 0.96/0.89

= 1.078

= €1.08

For every British pound Exchanged, we get €1.08

You might be interested in
If the required reserve ratio is 20 percent and commercial bankers decide to hold additional excess reserves equal to 5 percent
Fofino [41]
The effective monetary multiplier that will be used in the banking system given the data provided would be 4. A money multiplier is defined as the output of the reserve dollars the bank produces. To find the multiplier, just take into consideration the amount of deposit and the reserve ratio.
5 0
3 years ago
Subcontractor's bid:
Ierofanga [76]

Answer:

The correct answer is letter "D": is considered an offer.

Explanation:

A subcontractor is an individual who is granted part of the work of a contractor. Subcontractors perform their duties under the supervision of the contractor and not the employer who hired the contractor. <em>When subcontractors place bids, they are considered offers that can be negotiated with the contractor directly</em>.

5 0
3 years ago
Moody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the be
Andre45 [30]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Machine-hours required to support estimated production 155,000

Fixed manufacturing overhead cost $ 653,000

Variable manufacturing overhead cost per machine hour $ 4.70

<u>First, we need to calculate the predetermined overhead rate.</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (653,000/155,000) + 4.7

Predetermined manufacturing overhead rate= $8.91 per machine hour

Job 400:

Direct materials $ 390

Direct labor cost $ 220

Machine-hours used 37

<u>T</u><u>o allocate overhead, we need to use the following formula:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 8.91*37= $329.67

<u>Now, we can calculate the total cost and unitary cost:</u>

Total cost= 390 + 220 + 329.67= 939.67

Unitary cost= 939.67/60= $15.66

<u>Finally, the selling price for Job 400:</u>

Selling price0 939.67*1.2= $1,127.6

5 0
3 years ago
HELP
evablogger [386]
Answer to this question is all of above. D.
6 0
2 years ago
Help me on statistics Homework.
Mashcka [7]

can you send the problems

4 0
2 years ago
Other questions:
  • Chips based on designs from the firm ___________________ dominate the market for smartphones, but they are not compatible with t
    15·1 answer
  • Explain Labour turnover
    8·1 answer
  • For each of the following independent situations, prepare journal entries to record the initial transaction on December 31 and t
    8·1 answer
  • Akeel, a salesperson at sensations inc., attended a regional sales meeting, where he was more of a listener than a participant.
    11·1 answer
  • A pension fund that begins with $500,000 earns 15% the first year and 10% the second year. At the beginning of the second year,
    15·1 answer
  • Notes Receivable Entries The following data relate to notes receivable and interest for Owens Co., a financial services company.
    9·1 answer
  • Those interested in entrepreneurship volunteer their time with service organizations for all of the following EXCEPT.
    8·1 answer
  • A recent national survey found that high school students watched an average (mean) of 6.8 DVDs per month with a population stand
    10·1 answer
  • A registered representative is assigned an account. The account information lists the customer's age, income, and investment obj
    5·1 answer
  • What can happen if the framework you choose as a foundation does not fit your organization’s business objectives?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!