Answer:
Gain= 132,000 - 120,000= 12,000 dollars
Explanation:
Giving the following information:
A year ago, MC Hammer Company had inventory in Britain valued at 240,000 pounds. The exchange rate for dollars to pounds was 1£ = 2 U.S. dollars. This year the exchange rate is 1£ = 1.82 U.S. dollars. The inventory in Britain is still valued at 240,000 pounds.
Year 1= 1/2= 0.5 exchange rate
Inventory year 1= 240,000*0.5= 120,000 dollars
Year 2= 1/1.82= 0.55 exchange rate
Inventory year 2= 120,000*0.55= 132,000 dollars
Answer:
d. maria would not have to pay anything.
Explanation:
In this scenario Maria did not form a contract with the man to cut her lawn and had not even met him before. So there is no contract formed voluntarily, neither is it an implied contract.
Maria was enriched in this process because she will benefit from the cutting of the lawn. She was however not unjustly enriched because the man was not unduly influenced to carry out the task.
Maria can however pay the man after the fact at her discretion.
<span>The answer is 516,250 by first calculating expenses (6,500,000-40,000-expenses=590,000), net income = revenue-expenses.</span>
Explanation:
The overall amount of a government's finished product of any and all additional goods produced and services provided with one year is national revenue. The guiding principle for economics and finance is recognizing how national income is produced.
