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
wolverine [178]
3 years ago
11

remit their earnings back to the parent company. The Spain subsidiary generated a net outflow of €5,000,000 this year, while the

German subsidiary generated a net inflow of €4,500,000. What is the net inflow or outflow as measured in U.S. dollars this year? The exchange rate for the euro is $1.159.
Business
2 answers:
n200080 [17]3 years ago
7 0

Answer:

Cash outflow of $579,500

Explanation:

Net cash flow is the sum of all cash inflow and outflows of the company. In this question the company has cash outflow from Spain and inflow from Germany.

As per given data

Cash flow from Spain subsidiary = €5,000,000 outflow

Cash flow from German subsidiary = €4,500,000 inflow

Net cash flow to parent company = - €5,000,000 + €4,500,000

Net cash flow to parent company = - €500,000

The currency is converted using the exchange rate of two currencies which is $1.159 per euro.

Net cash Flow in U.S. dollars = - €500,000 x  $1.159 per euro

Net cash Flow in U.S. dollars = - $579,500

IceJOKER [234]3 years ago
6 0

Answer:

The Spanish subsidiary generated a net outflow of Euro 5000000, which means that the outflow in dollar terms is : 5000000*1.159 = $5795000.

While the German subsidiary generated a net inflow of Euro 4500000, which means that the inflow in dollar terms is : 4500000*1.159 = 5215500.

Hence the total net inflow outflow for the year is,

Net Outflow = 5795000-5215500 = $579,500.

Hope this clear things up.

Thank You.

You might be interested in
Magna Corporation has an issue of commercial paper with a face value of $ 1 comma 000 comma 000 and a maturity of six months. Ma
jarptica [38.1K]

Answer:

The effective annual rate ​(EAR​) of the paper to​ Magna is 5.47%

Explanation:

interest rate = [1000000 - 973710]/[973710]

                     = 2.7%

EAR = (1 + interest rate)^2 - 1

       = (1 + 2.7%)^2 - 1

       = 5.47%

Therefore, The effective annual rate ​(EAR​) of the paper to​ Magna is 5.47%

7 0
3 years ago
hile giving her students a physics exam, Professor Thompson noticed that Jack, one of her students who has been struggling with
vlada-n [284]

Answer: Gathering information

Explanation: Ethical decision making involves evaluating and choosing among different options in a way that is consistent with ethical principles. The best way to do this is to eliminate the unethical choices and choose the best alternative option.

There are various steps involved in this process. These are listed below:

1. Gather info

2. Define the ethical problem

3. Identify the parties that are affected

4. Identify the consequences

5. Identify the the principles

6. Evaluate the options

7. Choose the best option

8. Implement the decision

Professor Thompson has decided to wait until the class period ends, take both tests and compare their answers. After that she will decide what to do about the situation. Professor Thompson has thus entered the first step, which is to gather information. She doesn't want to jump to conclusions without gathering all the facts, so she is going to acquire as much info as she can about the situation before continuing. All these points add to the fact that Professor Thompson is entering the first step towards making the best ethical decision.

4 0
3 years ago
Bedrock Company reported a December 31 ending inventory balance of $414,000. The following additional information is also availa
Paha777 [63]

Answer:

The corrected balance of ending inventory is $391200 and option d is the correct answer.

Explanation:

The amount of goods sent on consignment by Bedrock of $72400 are already included in the inventory value. These goods belong to Bedrock, the consignor, until they are sold off by the consignee. Thus, no adjustment is needed for this amount.

The ending inventory balance only needs one adjustment that is for office supplies. The office supplies are office consumables and a separate asset than the inventory of the business which is solely for the purpose of selling operations. Thus, the office supplies amount will be deducted from the inventory value.

The correct balance = 414000 - 22800 = $391200

3 0
3 years ago
For a person who travels often, the main consideration in purchasing a computer would be?
Naily [24]

For a person who travels often, the main consideration in purchasing a computer would be portability.

What does portability mean in it?

If a computer program can be used in an operating system other than the one it was designed for without requiring extensive rewriting, it is said to be portable. The process of porting entails carrying out any work required to enable the computer software to function in the new setting.

What are the most important considerations when comparing computer systems?

The speed and storage capacity of the computer are among the more crucial factors. These factors are categorized under the term "computer specifications," which is used to describe how well a computer will function.

Learn more about portable devices: brainly.com/question/28075818

#SPJ4

8 0
2 years ago
When making decisions, evaluating your possible resources will help _____. a. Impose limits to possible choices b. Add weight to
Slav-nsk [51]
A impose limits to possible choices


I'm pretty sure.
4 0
3 years ago
Read 2 more answers
Other questions:
  • or False: The following statement accurately describes how firms make decisions related to issuing new common stock. Taking flot
    10·1 answer
  • Diana tells crystal, “i think i’ll sell that camping gear i bought for hiking the pacific trail for $250. i’m never going to mak
    11·1 answer
  • Which of the following is a summary of the three key economic questions? Question 17 options: Who will buy which goods and servi
    6·1 answer
  • Strong family ties to the surrounding social context, as indicated by frequent contact with friends and relatives, organized you
    14·1 answer
  • Insurance companies facilitate the transfer of risk from Multiple Choice those who have a low-risk tolerance to those with high
    15·1 answer
  • Thanks to donations from merchants in the community, an after-school club for disadvantaged children has introduced a new promot
    6·1 answer
  • Prices below the free market equilibrium are inefficient because the willingness to pay by someone to consume an additional unit
    5·1 answer
  • Use the drop-down menus to identify the career that matches the description.
    10·2 answers
  • What behaviors r most common in a successful entrepreneur ​
    10·1 answer
  • On which financial statement and at what amount are accounts receivable reported?.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!