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crimeas [40]
3 years ago
13

A currency trader observes the following quotes in the spot market: 1 U.S. dollar = 122 Japanese yen 1 British pound = 2.25 Swis

s francs 1 British pound = 1.63 U.S. dollars Given this information, how many yen can be purchased for 1 Swiss franc? 89.47 85.05 91.70 88.38
Business
1 answer:
andrezito [222]3 years ago
8 0

Answer:

88.38

Explanation:

Given;

1 U.S. dollar = 122 Japanese yen

1 British pound = 2.25 Swiss francs

1 British pound = 1.63 U.S. dollars

Therefore,

2.25 Swiss francs = 1.63 U.S. dollars

1 US. dollar = 2.25/1.63 Swiss francs

1 US dollar = 1.38 Swiss francs

since

1 U.S. dollar = 122 Japanese yen then,

1.38 Swiss francs = 122 Japanese yen

1 Swiss francs = 122/1.38 Japanese yen

1 Swiss francs  = 88.38 Japanese yen

1 Swiss franc can be used to purchase 88.38 Japanese yen.

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Beginning January 1, Community Hospital had 150 inpatient beds. On July 1, the bed count was increased to 200. From January 1 to
Mamont248 [21]

Answer:

A=167.74

B 96.15%

C 95.43%

D 1.02 days

Explanation:

A)No of days in the year = 365

Total no of services days = 26106 + 35120 = 61226

Average daily census = 61226/365=167.74

B) Bed occupancy rate for January - June 3.

= Total number of inpatient days * 100/ Available beds * number of day

=26106*100/150*181=96.15%

C)Bed occupancy rate for July - December=

Total number of inpatient days * 100/ Available beds * number of day

35120*100/200*184 = 95.43%

D)

ALOS (Average length of days)=Total inpatient days /Total Discharges

61226 + 9601/59788 + 9588= 1.02days

7 0
3 years ago
Question 3: Cost terminology in manufacturing firms a) Direct materials include all materials and components only raw materials
zaharov [31]

Answer:

1. a. Only major materials and components.

Only the major materials and components are include as direct materials because these are the materials that directly needed for production.

b. Only hourly production workers (aka assembly workers).

The direct labor has to be those people who are directly involved in production which in this case is the assembly workers. Managers and Supervisors are not integral so are not direct labor.

c. Both big items that cannot be traced (e.g., factory rent) and small items that are not worth tracing (e.g., glue, grease).

All other items involved in production should be included as manufacturing overheads including big items and small items that cannot be traced.

2.

Rent for the factory building ⇒ <u>Manufacturing Overhead (OH).</u>

Cost of engines used in production ⇒ <u>Direct materials (DM).</u>

Depreciation on production equipment ⇒ <u>Manufacturing Overhead (OH). </u>

Cost of lubricant used in production. ⇒<u> Manufacturing Overhead (OH). </u>

Production supervisor's salary. ⇒ <u>Manufacturing Overhead (OH). </u>

Assembly workers' wages. ⇒ <u>Direct Labor.</u>

7 0
2 years ago
Match each trade organization or agreement with its description.
Dominik [7]

Answer:

1. World Trade Organization

2. North American Free Trade Agreement

3. The European Union

Explanation:

a. World Trade Organization (WTO): Oversees trade agreements among over 150 member nations and arbitrates trade disagreements among member countries. The world trade organization (WTO) is an intergovernmental organization that set rules, policies and regulates global trade across the world. It was established officially on the 1st of January, 1995.

b. North American Free Trade Agreement (NAFTA): Created a free-trade zone consisting of the United States, Canada, and Mexico with the purpose of eliminating trade barriers between these countries. It officially became effective on the 1st of January, 1994.

c. The European Union (EU): An agreement between over 25 nations, which abolished tariffs among member countries and standardized policies on agriculture, transportation, and business practices. It was established officially on the 1st of November, 1993. Some of its member countries are Sweden, Italy, Germany, Portugal, Croatia, Russia, France, Spain, Netherlands etc.

8 0
3 years ago
Leslie's Unique Clothing Stores offers a common stock that pays an annual dividend of $2.40 a share. The company has promised to
Blizzard [7]

Answer:

The maximum amount that should be paid for one share of this stock today is $15.29

Explanation:

The price of a stock which pays a constant dividend forever can be calculated using the zero dividend growth model of the Dividend Discount Model (DDM) approach. The DDM values a stock based on the present value of the expected future dividends from the stock discounted using the required rate of return on stock.

The formula for price under zero growth model of DDM is,

Price today (P0) = Dividend / required rate of return

P0 = 2.4 / 0.1570

P0 = $15.286 rounded off to $15.29

5 0
3 years ago
At one time there were many farm cooperatives, but more recently other forms of business ownership have replaced them.
frutty [35]

Answer:

False

Explanation:

Farm cooperatives remain by far the most important food source in the world, both for direct human consumption and, indirectly, for livestock production inputs.

Since the mid-sixties, the world has managed to increase cereal production by almost one billion tons.

The business has expanded in recent decades, becoming a very prosperous industry.

3 0
3 years ago
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