1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
elena-s [515]
3 years ago
15

g "Walblue imports a desk from a French manufacturer for sale in its chain of U.S. stores. The cost of a desk to Walblue is 3,70

0 euros (€). What is the dollar cost of one of these desks if the exchange rate is currently 1.117 euros per U.S. dollar?"
Business
1 answer:
klasskru [66]3 years ago
7 0

Answer: $3312.4

Explanation:

The exchange rate in the rate at which a currency is being converted for another currency in the foreign exchange market. From the question, we are told that Walblue imports a desk from a French manufacturer for sale in its chain of U.S. stores.and that the cost of a desk to Walblue is 3,700 euros (€).

The dollar cost of one of these desks if the exchange rate is currently 1.117 euros per U.S. dollar goes thus:

$1 = €1.117

Therefore, €3700 will be converted to dollars as:

= 3700/1.117

= $3312.4

The answer is $3312.4

You might be interested in
The following legal claims exist for Huprey Co. Identify the accounting treatment for each claim as either (a) a liability that
Deffense [45]

Answer:

Huprey Co.

Identifying the accounting treatment for each claim as either (a) a liability that is recorded or (b) an item described in notes to its financial statements:

1. Huprey (defendant) estimates that a pending lawsuit could result in damages of $1,550,000; it is unlikely that the plaintiff will win the case.a. A liability that is recorded.

b. An item described in notes to its financial statements.

2. Huprey faces a loss on a pending lawsuit that it is unlikely to lose; the amount is reasonably estimable.

a. An item described in notes to its financial statements. b. A liability that is recorded.

3. Huprey faces a probable loss on a pending lawsuit; the amount is reasonably estimable.a. An item described in notes to its financial statements.

b. A liability that is recorded.

Explanation:

Huprey Co. will recognize and record contingent liabilities in its accounts when it can be reasonably established that the future event will occur and the amount of the liability can be reasonably estimated. The implication is that Huprey Co. must establish two things before a contingent liability is recognized and recorded.  One is that the probability or the likelihood or the chance that the event will happen exists and can be estimated.  With the probability estimate, it becomes possible for Huprey Co. to also estimate the amount that the happening of the event will cost it.

4 0
2 years ago
Charitable contribution
nlexa [21]
Cans of soup are charitable contributions. giving money to the poor is a form of charity.
5 0
3 years ago
A marketing manager instructs his team to make 80 telephone calls to attempt to sell an insurance policy. The random variable in
Serggg [28]

Answer:

A) discrete random variable.

Explanation:

Discrete random variables can assume only a finite number of values, and their combined total probabilities must equal 1.

On the other hand, continuous random variables can take any value with an interval or collection of intervals, which means that the possible values are infinite.

A complex random variable is a combination of two real random variables that have rel and imaginary parts.

8 0
3 years ago
Socioeconomic market segmentation is another name for _____ segmentation.
Advocard [28]
I think the correct answer would be demographic segmentation. It is a type of market segmentation where the consumers are classified according to race, religion, family, gender and/or income. It is a way to help an organization target specific consumers.
7 0
3 years ago
A customer wishes to place a buy order for a security that has not been registered with the SEC. The security may be purchased i
cupoosta [38]

Complete Question:

A customer wishes to place a buy order for a security that has not been registered with the SEC. The purchase order can be filled if the security:

A. is exempt from SEC registration

B. is traded by at least 2 market makers

C. has been trading in the market for at least 1 year

D. is sold to professional investors

Answer:

Is exempt from SEC registration

Explanation:

The Securities and Exchange Commission (SEC) is a regulatory agency that is saddled with the responsibility of regulating the capital market and ensuring investors are well protected by making sure standard rules are followed.

If a customer wishes to place a buy order for a security that has not been registered with the Securities and Exchange Commission (SEC). The security may be purchased if the security is exempt from SEC registration.

By standard, the SEC states and implore investors to purchase only securities that are registered with the securities and exchange commission (SEC) or only when an exemption is made available. If securities have been trading for about a year or is being traded by a minimum of two companies, no exemption would be given by the SEC.  

Also, there isn't any exemption for securities that is sold only to professional investors.

However, investors can purchase municipal and government securities even without it being registered with the securities and exchange commission.

<em>In a nutshell, the customer can only purchase a security that has not been registered only if it is exempted from SEC registration. </em>

3 0
3 years ago
Other questions:
  • Gugenheim, Inc., has a bond outstanding with a coupon rate of 5.7 percent and annual payments. The yield to maturity is 6.9 perc
    15·1 answer
  • A player denies an opponent an obvious goal-scoring opportunity within that player's own penalty area by a challenge involving e
    10·1 answer
  • Assume that the market is originally in equilibrium. Now suppose that this product gains a sudden popularity among consumers. Ho
    7·1 answer
  • When Sheri, a socialite, got some bad publicity for her recent choice of evening wear, she decided to change designers. However,
    15·1 answer
  • If the CPI was 72.6 in 1979 and 144.5 in 1993, by what percentage did prices rise during the period 1979-1999?
    15·1 answer
  • Consulting firms and human resource departments have spent innumerable hours attempting to develop executive compensation progra
    12·1 answer
  • _______ are items owed to a creditor. ________ are items owned by a company. ________ represents owners' claims to company resou
    15·1 answer
  • An associate professor of physics gets a $200 a month raise. She figures that with her new monthly salary she can buy more goods
    13·1 answer
  • Ketchup is a complement (as well as a condiment) for hot dogs. If the price of hot dogs rises, the quantity of hot dogs demanded
    6·1 answer
  • Depending on a person's _____, he or she may be held to a higher standard of care.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!