Answer:
$4,000 gain
Explanation:
Some information was missing:
the spot rates for euros were:
- November 15, 20X3 $0.4955 per €1
- December 10, 20X3 $0.4875 per €1
- December 31, 20X3 $0.4675 per €1
- January 10, 20X4 $0.4475 per €1
In Chow's December 31, 20X3, income statement, the foreign exchange gain is ?
the goods costed €200,000 x 0.4875 = $97,500 on December 10, 20x3
the goods costed €200,000 x 0.4675 = $93,500 on December 31, 20x3
Since the goods were sold FOB shipping point, we have to use the shipping date (December 10) to calculate the original price. By December 31, the price in US dollars had decreased by $4,000 resulting in a foreign exchange gain.
The answer to your problem is D) none of these.
Answer:
Jim will receive 449,999.62
Explanation:
We are going to discount the sales commission from the proceeds of the home, this will be the net cash received from Jim
sales price 478,723
commission 6% of 478,723 = 39723.38
net realizable 449,999.62
(sales price - commisions)
The most appropriate career for Ethan is astronomy because he is very interested in the physical phenomena of other planets and Earth.
<h3>What is vocational guidance?
</h3>
Vocational guidance is a term that refers to the process used to help young people choose the professional career they will pursue in their life based on their interests and abilities.
From the above, the best option for Ethan is a career related to the study of the planets and the Earth, because he is interested in it. Additionally, these sciences are related to mathematics, another topic that has interested Ethan.
So, the best option for Ethan is Astronomy.
Learn more about vocational guidance in: brainly.com/question/839980
