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MatroZZZ [7]
3 years ago
13

Eagle, Inc. is a manufacturer and distributor of consumer products in the U.S. It has a wholly owned foreign subsidiary, El Rio,

which sells Eagle products in Mexico. El Rio receives all of its products from Eagle, sells those products, and remits the proceeds to Eagle. El Rio maintains its books and prepares its financial statements in the Mexican peso. Which one of the following methods will Eagle most likely use to convert El Rio's financial statements to dollar-based statements?A. Translation.B. Remeasurement.C. Translation and then remeasurement.D. Remeasurement and then translation.
Business
1 answer:
Anit [1.1K]3 years ago
5 0

Answer:

B. Remeasurement.

Explanation:

Remeasurement -

It is the process in which the values of a physical asset or company;s financial statements or the foreign currency  , are re - evaluated .

It is the method to of reestablishing the value of the item , in a few situation ,

The first is the land , as the value of the land changes a lot and and can not be reflected in the balance sheet correctly .

The advantage of Remeasurement is to maintain accuracy in the record data .

Hence ,

from the question ,

The correct term for the given data is ( b ).

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Hitman42 [59]

To: Stacy Shoe, Allen Sock, Emma Johnson

From: Alina Kincsem (write your name here)

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Date: October 12, 2018

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1. Press your PC's power button and wait until the desktop screen appears.

2. Click on the start screen at the bottom left corner.

3. Go to the search bar and type 'MS Word' and click on its icon when it appears in the search.

4. Now a blank word processing document would open in front of you. You may create any document in it that you wish to.

Good luck with your task.


7 0
3 years ago
Read 2 more answers
The following units of an inventory item were available for sale during the year: Beginning inventory 11 units at $51 First purc
Gennadij [26K]

Answer:

$2,338

Explanation:

For computing the ending inventory, first we have to determine the average cost per unit, then ending inventory units which are shown below:

= (Beginning inventory units × price per unit +  first purchase inventory units × price per unit + second purchase inventory units × price per unit + third purchase inventory units × price per unit) ÷ (Beginning inventory units + one purchase inventory units + second purchase inventory units + third purchase inventory units)

= (11 units × $51 + 15 units × $53 + 21 units × $55 + 17 units × $57) ÷ (11 units + 15 units + 21 units + 17 units)

= ($561 + $795 + $1,155 + $969 ) ÷ (64 units)

= ($3,480) ÷ (64 units)

= $54.375 per unit

Now the ending inventory units would be

= Available units for sale - sale units

= 64 units - 21 units

= 43 units

Now the ending inventory would be

= Ending inventory units × average cost per unit

= 43 units × $54.375 per unit

= $2,338

5 0
3 years ago
Your text indicated that several groups were protected by federal equal opportunity legislation. In these examples, indicate whe
ehidna [41]

Answer:

a. A recently retired military veteran was not offered a job for which she was qualified.  Yes ( Veterans)

b. A Mormon says his religion forbids him to work on certain days.  Yes ( Religion)

c. A person who is hearing impaired claims she is disabled.  Yes (Disability)

d. A homosexual applicant wasn’t hired because of his sexual orientation. Yes (Sex: Sexual orientation)

e. A male wasn’t hired for a sales position in a retail store specializing in women’s shoes.  Yes (Sex)

f. A 24-year old woman wasn’t hired for a managerial position because she was too young.  No ( Age considerations begins from 40)

g. A Norwegian applicant claimed he wasn’t hired because a Chinese restaurant hired only Asians.  Yes (national origin)

h. A light-skinned African American would not hire a dark-skinned African American.  Yes (genetic discrimination)

i. A store wouldn’t hire anyone with a college degree because it thought they were snobs. No

j. A fast-food chain refused to hire any males with long hair. No

Explanation:

The federally protected class are a group of people whom the law in the United States protects from discrimination especially in the employment setting. They are grouped under race, religion, sex, pregnancy, familial, national origin, genetic discrimination, veterans, and disability. Options f, i, and j do not fall under these classes.

f. The age discrimination in Employment Act applies for people from the age of 40.

i. College degree is not a consideration among the federally protected class.

j. Gender or sex is not the issue here but a feature of the gender.

4 0
3 years ago
Suppose a company is financed with $20 million of equity and $60 million of debt. That is, the company obtained $20 million from
alexgriva [62]

Answer:

Existing Equity = 20 million

Existing debt = 60 million

Total capital = 20 million + 60 million = 80 million

a. Given company issued 30 million of equity to retire debt

Equity after raise = $20 million + $30 million = $50 million

Debt = $60 million - $30 million = $30 million

Total capital size remain at $80 million

Capital structure, Equity = $50 million/$80 million = 0.625 = 62.50%

Debt = (1-0.625) = 0.375 = 37.50%

b. The market would welcome the new issue as the risk of  the firm would be reduced.

6 0
2 years ago
What is the present value on January 1, 2016, of $30,000 due on January 1, 2021, and discounted at 12% compounded annually?What
ale4655 [162]

Answer:

1. Future Value = 30,000

Rate = 0.12

Annual period, NPER = 5

Present value, PV = PV(0.12, 5,0,-30,000 ,0)

Present value, PV = $17,022.81

2. Future value = 8,000

Quarterly rate = 16%/4 = 4%

Number of quarters, Nper = 4.5*4 = 18

Present value, PV = PV (4% , 18, 0, -8,000 , 0)

Present value, PV = $3,949.02

3. Future value = 8,000

Annual rate = 0.1

Annual period, Nper = 5

Present value, PV = PV(0.1, 5, 0, -8000, 0)

Present value, PV = $4,967.37

Present value Discount = 8,000 - 4,967.37

Present value Discount = $3,032.63

5 0
3 years ago
Read 2 more answers
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