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jekas [21]
3 years ago
5

An​ on-line ticket site was recently offering tickets for a soccer match between Manchester United and Fulham at a price of poun

d129. At the​ time, the nominal exchange rate was pound0.618 ​= $1. How much did the tickets cost in​ dollars?
Business
1 answer:
dusya [7]3 years ago
3 0

Answer:

The tickets cost $208.74

Explanation:

The exchange rate is an indirect quotation from the dollar's perspective if dollar is considered to be the domestic currency.

We know that $1 =  0.618 pound

If the price of the ticked is 129 pounds, to convert it to dollars, we need to divide the pound amount by the exchange rate of dollar to pound.

Thus, 129 pounds in dollar are,

129 / 0.618 = $208.7378 rounded off to $208.74

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Suppose there is a simple one good economy that only produces spinning rims. In 2004, the economy was able to produce 500,000 se
VMariaS [17]

Answer:

Zero Increase in Real GDP between 2004 and 2005.

Explanation:

Nominal value of GDP in 2004

Nomina Value = $100 x 500,000

Nominal Value = $50,000,000

Nominal value of GDP in 2005

Nominal value = $200 x 500,000

Nominal value = $100,000,000

We can find Real GDP amount by multiplying base year price by current year quantity.

Real GDP = Base year price x Current year quantity

Real GDP = $100 x 500,0000

Ral GDP = $50,000,000

5 0
3 years ago
During the year, a firm purchased $256,900 of merchandise and paid freight charges of $36,870. If the total purchases returns an
olga nikolaevna [1]

The net delivered cost of purchases is $270920

<u>Explanation:</u>

The given data in the question is as follows:

purchases = $256900, freight charges paid = $36870, purchase returns and allowances = $13690, purchase discounts = $9160

The net delivered cost of purchases is calculated as follows:

Purchases plus frieght charges minus purchase returns and allowances and minus purchase discounts

Purchases = $256900

add: freight charges paid = $36870

less: purchase returns and allowances = $13690

less: purchase discounts = $9160

net delivered cost = $270920

Therefore, the correct answer is $270920

6 0
3 years ago
Using Statement of Cash Flows Information to Assess Company Life-Cycle Stage
yKpoI14uk [10]

Answer:

Explanation:

                     Operating         Investing          Financing     Cycle

                          3751                (2404)               1381          Growth      

                          1102                 2054                (759)          Maturity

                          20                    (480)                 926            Growth

                        (2580)               (4200)              7508           Introduction

                         (409)                 5581                (2356)         Declining

                         2281                 (3451)               1957             Growth  

                         6385                 3272                (1958)         Maturity  

                         (365)                (1678)               (3478)         Declining

In the introduction phase , cash flow from the operating and investing activities are negative as the company generate cash for investment through financing activities for operation

In the growth phase , the activities begin to pay off gradually while investing is still on simultaneously as operating activities generate a positive cash flow  , investing negative and finance positive

In the maturity phase , company start to pay offset debt and buy back the stock as the business appears stable. Operating and financing activities generate a positive cash flow and financing negative.

In declining stage ,sales begin to fall and operating activities nosedive , investing may be positive as assets are being sold off and financing activities negative.

               

5 0
3 years ago
"An adolescent is to receive radioactive iodine for Graves' disease. Which statement by the client reflects the need for more te
Juli2301 [7.4K]

Answer: d) "The advantage of radioactive iodine is that I will not need future medication for my disease."

Explanation:

The treatment of Graves disease using radioactive iodine is meant to destroy the thyroid gland so that the person will see a reduced function from it.

This means that after the treatment is used, a lot of patients will need a thyroid replacement and will have to keep receiving treatments to maintain.

Essentially the radioactive iodine is not the last medication that will be taken for Graves disease.

3 0
3 years ago
Which of the following is part of the generally accepted account of the 1822 conspiracy led by Denmark Vesey?A. His lieutenant w
Allushta [10]

Answer: D. Vesey had purchased his freedom after winning the lottery.

Explanation:

Denmark Vasey was a African American leader in the early 19th century who was born into slavery but was able to buy his freedom when he won a lottery.

In 1822, he was accused of a conspiracy to organize a slavery revolt that would have seen thousands of African Americans killing slave owners in South Carolina and then sailing to Haiti. They had him executed at the age of 55 for this alleged crime.

8 0
3 years ago
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