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iogann1982 [59]
3 years ago
9

Exchange rates Personal Finance Problem Fred Nappa is planning to take a wine-tasting tour through Italy this summer. The tour w

ill cost 2,750 euros () and includes transportation, hotels, and a guide. Fred estimates that round-trip airfare from his home in North Carolina to Rome, Italy, will be $1,459, he also will incur another $290 in incidental travel expenses. Fred estimates the cost of meals in Italy to be about 519, and he will take an additional $1,090 to cover miscellaneous expenditures. Currently the exchange rate is $1.3423/1.00 (or 0.74499/$1.00). a. Determine the total dollar cost of the trip to Italy b. Deternine the amount of euros () Fred will need to cover meals and miscellaneous expendtures a. The total cost of the trip in dollars is s(Round to the nearest dollar) b. The amount of euros for meals and miscellaneous expenditures is (Round to the nearest euro)

Business
1 answer:
leonid [27]3 years ago
4 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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Managers should act in shareholders' interests because shareholders have ___________ priority in receiving their claims.A. TopB.
Cloud [144]

Answer:

Regarding to Claim to income, the correct answer would be C-Bottom

Explanation:

Shareholders can be preferred or common and they have differents claims to income.  Generally, preferred stock will be given preference in assets to common assets in case of company liquidation, nonetheless both will fall behind bondholders if asset distribution happen. If bankruptcy happen, common stock investors will receive any remaining funds after bondholders,  then creditors and preferred stockholders are paid. That's why these investors often receive nothing after a bankruptcy. Preferred stock also has the first right to receive dividends. In general, common stock shareholders will not receive dividends until it is paid out to preferred shareholders, and that happen because they are at the bottom of the pyramid.

3 0
3 years ago
Consider the following list of accounts: Cash Retained Earnings Service Revenue Utilities Expense Salaries Expense Accounts Rece
MAVERICK [17]

Answer:

Cash, account receivable, equipment, utilities expenses, salaries expense

Explanation:

Normally, the asset and expense accounts have debit balances while the liabilities, equity, revenue and other income accounts have credit balances.

In the given list of account:

Cash, account receivable, equipment belong to asset accounts, therefore will have normal debit balance.

Utilities expenses, salaries expense belong to expense accounts, therefore will have normal debit balance.

Remaining items in a given list will have normal credit balance.

4 0
3 years ago
your company is trying to decide between two alternatives,truck a is relatively cheap truck cost $100000 and has 6 years life du
Masja [62]

Answer:

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4 0
3 years ago
If interest rates increase from 8% to 9½%, we would expect to see an
____ [38]

Answer:

a decrease in the demand for money

Explanation:

As the money is now more expensive because, holding cash in hand means not capitalize with the interest, the agents (families and business) will try to not have liquid money but, invest to achieve the better yields.

6 0
4 years ago
Select the correct answer.<br> How is augmented reality used in businesses?
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Answer:

It uses everyday things, items like iPhones or tablets, sensors and market to find the place of physical items and then suggest where to put virtual objects.

This might be a little off since I'm not very familiar with business stuff, but I hope this helps.

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