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alisha [4.7K]
3 years ago
9

When might it be important to know a currency's exchange rate?

Business
1 answer:
Alisiya [41]3 years ago
3 0
<span>It is important to know currency exchange rates when travelling to other countries, whether for business, holidays or to emigrate. This is because you need to know how much money to exchange in your country's currency to fund your trip abroad. Other times when it is valuable to know the exchange rate are when you are working in the economics industry or need to understand financial rates, for example when making global investments.</span>
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Fleet feet corporation makes athletic shoes. gloria, a marathoner, files a product liability suit against fleet feet, alleging a
ololo11 [35]

Answer:

A. Advantages and disadvantages

Explanation:

In order for the court to determine whether or not the shoe company is liable to design defect, the court has to look at advantages and disadvantages of alternative design's to check for the defect in design and if it holds.

4 0
3 years ago
Target Corporation prepares its financial statements according to U.S. GAAP. Target's financial statements and disclosure notes
Paraphin [41]

Answer:

Gross profit ratio  = 29.5%

Inventory turnover ratio = 6.16 times

Explanation:

(a) Target uses the retail inventory method to account for the majority of it's inventory and the related cost of sales. in this method, inventory is stated at cost using the last in first out (LIFO) method as determined by applying a cost to retail ratio to each merchandise groupings ending retail value.

(b) The cost of inventory includes

1. The amount T pays to it's supplier to acquire inventory.

2. freight cost incurred in connection with the delivery of products to it's distribution centres and store.

3. Import cost reduced by vendor income and cash discounts.

(c) Gross profit ratio = 21788/73785

                                 = 29.5%

Inventory turnover ratio = 51997/(8601+8282)/2

                                        = 6.16 times

6 0
3 years ago
A disclosed principal is a principal whose identity is known by a third party with whom an agent contracts on the principal's be
Sedaia [141]

Answer: The correct answer is true.

Explanation: A disclosed principal is a principal whose identity is known by a third party with whom an agent contracts on the principals behalf, making this statement true.

7 0
4 years ago
Sandy works for RigorMart. She supervises regional managers and directs them based on orders from the board of directors. Sandy’
Schach [20]

Answer:

Executive and shareholder

Explanation:

Since in the question it is mentioned that Sandy supervises the regional managers also she directed them. Moreover, it is entitled her for the ownership of stock in the company

She is not a director so she is an executive also she has the stock ownership so she is also a shareholder

So the sandy position in the company is of executive and the shareholder

8 0
3 years ago
Divisions M and T are two profit centers of a large, diversified and decentralized firm. Division M has a capacity to make 800,0
dalvyx [7]

Answer:

Option(c) is the correct answer to the given question .

Explanation:

The minimum transfer price is  the marginal cost of making one item.or we can say that The net price covers direct labor, direct inventory and direct operating costs but avoids the expenditures cost that would be sustained by the distribution hub .

  • The minimum transfer price is equal to the variable cost So in the given question $90 is the variable cost from M to T therefore the minimum transfer price from M to T is $90 So that shareholder value is maximized.
  • All the other option will not give the shareholder value  maximization that's why they are incorrect option .
4 0
3 years ago
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