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choli [55]
3 years ago
8

An individual in the US wants to buy office equipment from England which costs 2,000 pounds. If the exchange rate is 1pound=$1.9

, how much will the office equipment cost him in dollar terms? a. ​$1052 b. ​$2,000 c. ​$3,800 d. ​$2,800
Business
1 answer:
guajiro [1.7K]3 years ago
8 0

<u>Given:</u>

Cost of the office equipment in pounds = 2000

Value of 1 pound in dollars as per exchange rate = 1.9

<u>To find:</u>

The cost of the office equipment in dollars

<u>Solution:</u>

If 1 pound is 1.9 dollars, then 2000 pounds will be as follows,

\Rightarrow\text{1 pound}\rightarrow\text{1.9 dollars}\\\\ \Rightarrow\text{2000 pounds}\rightarrow1.9\times2000 \text{ dollars}=3800 \text{ dollars}\\\\ \therefore \text{The value will be 3800 dollars}

So, the correct option is Option c, that is $3800.

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During the process of Succession,producers typically enter a developing ecosystem before consumers.

Consumers need producers, this is because producers create food for themselves and also provide energy for the rest of the ecosystem.

6 0
4 years ago
To accurately compare the rate of return on one investment with another, they should be:
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Measured over equal time periods.

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3 years ago
Hernandez Company has 560,000 shares of $10 par value common stock outstanding. During the year, Hernandez declared a 10% stock
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Answer:

RE decrease: 1,960,000

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Retained earnings will decrease for the total amount of the dividends.

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560,000 shares

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560,000 x 0.50 per share = 280,000 cash dividends

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that will be the RE decrease

3 0
3 years ago
Inventory 12/31/17 $59,030 Cost of Goods Sold $224,679 Common Stock 76,110 Selling Expenses 16,230 Retained Earnings 45,580 Admi
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5 0
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