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steposvetlana [31]
3 years ago
11

The current exchange rate between U.S. Dollar and Euro is $1.355/.738. It means that:______a. one Euro can buy 0.738 Dollars.b.

one Dollar can buy 0.738 Euros.c. one Euro can buy 1.355 Dollars.d. both one Dollar can buy 0.738 Euros and one Euro can buy 1.355 Dollars.
Business
1 answer:
Verdich [7]3 years ago
4 0

Answer:

b. one Dollar can buy 0.738 Euros

Explanation:

Given that

The Current Exchange rate is

= $1.335 ÷ 0.738 Euro

The 0.738 represents the indirect exchange rate now transform it into direct exchange rate

Direct Exchange rate is

= $1 ÷ 0.738 Euro

= $1.3550

Now bid price for purchase one euro is $1.335 and ask price to purchase one euro is $1.355

But the person could purchased at ask price only

Therefore the option b is correct

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Answer:

b. adult literacy; infant mortality

Explanation:

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<em />

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2 years ago
Your customer, age 68, that has an IRA account at your firm valued at $500,000, passes away. The customer leaves the account to
schepotkina [342]

Answer:

He should roll the funds over into a new IRA in the spouse's name

Explanation:

Since the son is expects to retire in 22 years, in which at that time he will be in need of the funds to pay for his or his Family annual living expenses the best advice I would give the son is for him to roll all the funds over into a new IRA in the name of spouse's because the IRA Account which is fully known as INDIVIDUAL RETIREMENT ACCOUNT is an individual retirement plan that can help to provides all tax the advantages that an individual needs for their retirement savings.

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3 years ago
Leas Corporation staffs a helpline to answer questions from customers. The costs of operating the helpline are variable with res
Nikolay [14]

Answer:

The average cost of operating the helpline per call at a volume of 25,300 calls in a month will be $18.10

Explanation:

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At a volume of 25,300 calls in a month, The average cost of operating the helpline per call does not change but the total costs of operating the helpline increase because the costs of operating the helpline are variable.

Total costs of operating the helpline = $18.10 x 25,300 = $457,930

7 0
3 years ago
is the most comprehensive standard as it provides a set of requirements for a quality management system for all organizations, b
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ISO 9001:2008 is the most comprehensive standard as it provides a set of requirements for a quality management system for all organizations, both private and public.

<h3>What is ISO 9001:2008 Quality management systems ?</h3>

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No matter the type, size, or type of product offered, all requirements of ISO 9001:2008 are generic and intended to be relevant to all enterprises.

Any ISO 9001:2008 requirement(s) that cannot be applied because of the nature of the business or the product might be excluded.

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8 0
1 year ago
Whiplash Ltd. makes a single product and only one type of direct material is used to make this product. Whiplash uses a standard
RSB [31]

Answer:

$2 per gram.

Explanation:

We are given the following parameters in the question above; the production of output in July: Actual number of units of output produced = 7,800 units, the Materials quantity variance = $2,609, the favorable (F) Materials spending variance = $3,744, the Favorable (F) Standard amount of materials used per unit of output = 5.0 grams per unit , the Actual total materials purchased/used = 37,830 grams and the Actual price per gram purchased/used = $2.20 per gram.

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Thus, (37,830 × standard price) = 79482.

Approximately, standard price = $2 per gram

4 0
3 years ago
Read 2 more answers
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