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djverab [1.8K]
3 years ago
14

You are selling an autographed Steve Nash rookie basketball card online for $170. A potential buyer contacts you and offers to p

ay you$170 Canadian dollars. You quickly check and find the exchange rateis $1 U.S. to $1.25 Canadian. If you take this deal, you will have returned Steve to his homeland and:
A. Earned more than if you accept $170 U.S.
B. Come out financially equal
C. Earned less than if you accept $170 U.S
Business
1 answer:
Ierofanga [76]3 years ago
8 0

Answer:

Option (C) is correct.

Explanation:

Selling price of a basketball = $170

A potential buyer contacts you and offers to pay you$170 Canadian dollars.

Exchange rate between the U.S and Canada is as follows:

$1 U.S = $1.25 Canadian

So,

Worth of $170 U.S in terms of Canadian dollar is as follows:

= $1.25 × $170

= $212.5 Canadian dollars

If you take this deal, you will have returned Steve to his homeland and Earned less than if you accept $170 U.S.

Because, the worth of $170 U.S dollars is $212.5 Canadian dollars. Hence, there is a loss of $42.5 Canadian dollars if he will accept the deal.

So, it is better for him to accept $170 U.S dollars.

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Answer:

1. On the statement of cash flow record the sale of the asset under the investment section.

2. -$16,000

Explanation:

In Cash flow Statements every asset purchases and sales are viewed as investments, so you record asset sales in the investment section of the cash flow.

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4 years ago
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3 0
3 years ago
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Leviafan [203]

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Explanation:

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The main objective of the stakeholder is to managing all the resources, stake, knowledge and the materiel of the company and it also provide some interest to an organization.

According to the question, the stakeholder is basically supply the various types of productive resources ti the firms and then claim on the stake in an organization and this is known as stakeholder.

Therefore, Stakeholder is the correct answer.  

8 0
3 years ago
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6 0
2 years ago
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The correct answer to the given statement that "A service and physical good are similar in terms of uniformity of inputs" is:

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<h3>What is a Good?</h3>

This refers to the physical item which has value and can be bought and sold in a market place.

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Read more about goods and services here:

brainly.com/question/25262030

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