<span>Global temperature trends can be inferred from changes in fossils and chemical isotopes found in sediments and glacial ice</span><span>
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Answer: i. €0.11
ii. €1.08
Explanation:
i. If we get 1 krona for every $0.13 then how many krona do we get per dollar?
= 1/0.13
= 7.69 Krona is to $1
If $1 is 7.69 Krona and $1 is also €0.85 then that means that,
€ 0.85 = 7.69 Krona
So for each Krona exchanged, we get how many Euro,
= 0.85/7.69
= 0.11
For each Krona exchanged, we get €0.11
ii. Following the example of the first question,
if £1 is to $1.12 then how many pounds are a dollar?
= 1/1.12
= 0.89
£0.89 is equal to a dollar.
if €1 is to $1.04 then how many euros are a dollar?
= 1/1.04
= 0.96
€0.96 are equal to a dollar.
This means that,
£0.89 = €0.96
So for every British Pound exchanged we get how many Euros?
= 0.96/0.89
= 1.078
= €1.08
For every British pound Exchanged, we get €1.08
Answer:
Revised Equity Section of Balance Sheet After October 11
<u> </u>
Common Stock at par $820,000
Paid-in capital in excess of Par <u> $266,000</u>
Total Contributed Capital $1,086,000
Retained earnings <u> $ 944,000</u>
Total $2,030,000
Less: Treasury Stock <u> ($ 210,000)</u>
<u>Total Stockholder's Equity $1,820,000</u>
Treasury stock = 6,000 * 35
= $210,000
<span>The board of governors of the federal reserve system can increase commercial bank reserves by increasing the size of its term auction facility.</span>
Answer:
c) $222,500 $313,500
Explanation:
Calculation for cost-to-retail ratio
COST
Beginning inventory $ 30,000
Add: Purchases $190,000
Add: Freight-in $2,500
Cost=$222,500
RETAIL
Beginning inventory $ 45,000
Add: Purchases $260,000
Add: Net markups $8,500
Retail = $313,500
Therefore the cost-to-retail ratio will be $222,500 $313,500