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MakcuM [25]
3 years ago
11

What does it mean to say​ that, at an exchange rate of 1 USD​ = 40 ​INR, the U.S. dollar is undervalued and the Indian rupee is

overvalued ​?
Business
1 answer:
GenaCL600 [577]3 years ago
7 0

Answer:

The US dollar is worth more value than INR.

Explanation:

The US dollar is worth more value than INR under flexible exchange rate system, quantity of dollar supplied exeed the quantity of dollar demanded. There are multiple factors which affect the valuation of currency. One of the factor is purchasing power parity, as it show the strength of domestic economy. Inflation is another factor affecting the currency of the nation, higher inflation rate lead the value of currency go down.

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Globe Manufacturing Company has just obtained a request for a special order of 12,000 units to be shipped at the end of the curr
kobusy [5.1K]

Answer:

Globe Manufacturing Company

f Globe accepts this special order, its net operating income will decrease by:

= $19,300.

Explanation:

a) Data and Calculations:

Special order units = 12,000

Special order price = $7.00 each

Annual Production Capacity = 90,000 units

Annual Sales Units = 80,000

Normal selling price = $11

Per unit costs at 80,000 units level:

Variable manufacturing expenses $4.60

Fixed manufacturing expenses $1.80

Variable selling and administrative expenses $1.00

Fixed selling and administrative expenses $0.45

Variable manufacturing expenses $4.60 * 12,000 = $55,200

Fixed manufacturing expenses $1.80 * 10,000 = $18,000

Variable selling and administrative expenses $0.30 * 12,000 = $3,600

Fixed selling and administrative expenses $0.45 * 10,000 = $4,500

Lost revenue from non-sale of 2,000 at $11 = $22,000

Total costs of special order = $103,300

Sales revenue from special order = $84,000 ($7 * 12,000)

The net operating income will decrease by $19,300 ($103,300 - $84,000)

5 0
2 years ago
Mr. and Mrs. Atoll are planning a party for 10 people and want to make sure they have enough soda for everyone to have two bottl
Rama09 [41]

Answer:

3. one case of 24 sodas @ $ 18.50

Explanation:

The question requires that the hosts need to have enough to have two sodas each. The number of guests being 10, the requirement is to have 20 sodas.

Now comparing the various pack sizes available:

1. 20 sodas $ 1.50 per bottle, Total cost $ 30, per serving cost $1.50

2. 4 6 packs @ $ 5 each. Total cost $20, Per serving cost $0.83

3. 24 soda case @ $18.5. Total cost $ 18.50, Per Serving costs $ 0.77

4, 2 x 24 soda cases @ 18.50. Total Cost $ 37.00 Per serving costs $ 0.77

The per serving costs are the same in 3 & 4 above, however, since the requirement is to have 20 sodas and the overall costs as well as the per serving costs is the best in option 3, this is the preferred option.

8 0
3 years ago
Match each of the following types of evaluation with one of the listed users of accounting information. (Note: There might be us
padilas [110]

Answer:

A) Trying to determine whether the company's net income will result in a stock price increase  - Investors in common stock

B) Trying to determine whether an advertising proposal will be cost-efficient  - Marketing managers

C) Trying to determine whether the company can pay its obligations  - Creditors

D) Trying to determine whether the company should employ debt or equality financing  - Chief Financial Officer

E) Trying to determine whether the company complied with tax laws - Internal Revenue Service

4 0
3 years ago
Do you think that some people have difficulty talking to others face-to-face because of how prevalent texting is today? When you
denpristay [2]
Answer: I do think that people have difficulty talking to others face-to-face because of how prevalent texting is today. The reason for that is because we’ve gotten used to having time to think about our answer before sending our message. In general, there’s less pressure with texting than there is with face-to-face. You’re in front of the person you’re talking to and they’re able to monitor you closely, which could make some people uncomfortable and unable to think of anything to say. Another reason is because texting is able to be done without moving. It’s more convenient than meeting up with someone to discuss something.
7 0
3 years ago
On January 1, 2021, Laramie Inc. acquired land for $9.6 million. Laramie paid $2.9 in cash and signed a 6% note requiring the co
Alexxandr [17]

Answer:

$9.6 million

Explanation:

The amount Laramie would record in its books of account in respect of the land acquisition cost is the sum of the cash paid now and the notes payable .

That effectively gives acquisition cost of $9.6 million ($2.9 million+$6.7 million).

The interest payable on the notes payable of $6.7 million would be treated as expense in the income statement of years 2021 and 2022 respectively without being added to the acquisition cost since it is a revenue expense and should not be capitalized.

6 0
3 years ago
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