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lorasvet [3.4K]
3 years ago
15

What is the rate at which one currency is converted to another currency called?

Business
2 answers:
n200080 [17]3 years ago
4 0
My answer would be C ''Foreign Exchange Rate''.
liraira [26]3 years ago
4 0

the answer would be c

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Pellew Corp. paid $600,000 for all of the outstanding common stock of Samos Co. in a business combination initiated and complete
andrezito [222]

Answer:

$40,000

Explanation:

The computation of the goodwill amount is shown below:

= Paid amount + liabilities - current assets - plant and equipment - carrying amount value

= $600,000 + $400,000 - $80,000 - $760,000 - $120,000

= $40,000

This $40,000 indicated the goodwill amount reported in its  consolidated balance sheet

All other information which is given is not relevant. Hence, ignored it

5 0
3 years ago
15.2 Calculating Flotation Costs: The Wiley Oakley Co. has just gone public. Under a firm commitment agreement, Wiley received $
Marina CMI [18]

Answer:

23.16%

Explanation:

net amount of money received by Wliey Oakley = 7,750,000 stocks x $21.39 per stock = $165,772,500

total flotation costs including direct and indirect costs = [($26.30 - $21.39) x 7,500,000] + $1,350,000 + $210,000 = $38,385,000

flotation costs as a percentage of funds raised = $38,385,000 / $165,772,500 = 0.2316 = 23.16%

4 0
3 years ago
Santa Fe purchased the rights to extract turquoise on a tract of land over a five-year period. Santa Fe paid $429,000 for extrac
givi [52]

Answer:

cost depletion expense =  $128700

so correct option is B. $128,700

Explanation:

given data

paid = $429,000

recover = 6,500 pounds

extracted = 1,950 pounds

sold = $277,000

to find out

cost depletion expense

solution

we get here cost depletion expense that is express as

cost depletion expense = \frac{paid}{recover} × extracted   ...........1

put here value we get

cost depletion expense = \frac{429000}{6500} × 1950

cost depletion expense =  $66 × 1950

cost depletion expense =  $128700

so correct option is B. $128,700

5 0
3 years ago
Colaw Co. pays all salaried employees on a biweekly basis. Overtime pay, however, is paid in the next biweekly period. Colaw acc
viva [34]

Answer: the correct answer is $128,000

Explanation:

$20,000 (overtime pay)  + ($ 360,000 / 10*3).  Biweekly salaries are

$360,000 and the week has 5 days that's why we have to consider a biweekly salary for 10 days and multiple that by 3 days.

$20,000 + $108,000 = $128,000

8 0
3 years ago
If the American company Stryker builds and operates a new factory in France, a. it engages in foreign direct investment. By itse
Iteru [2.4K]

Answer:

(D) - It engages in Foreign Direct Investment, which by itself raises US net capital outflow

Explanation:

Foreign Direct Investments (FDIs) are investments in physical assets, infrastructures, etc and other long-term assets made in a foreign country. They differ from Foreign Portfolio Investments (FPIs) which are investments in stocks, bonds, treasury securities and other listed securities which can be sold easily in financial markets. For instance, when a US-based corporation invests in the stocks or bonds of a French company, this is FPI. Whereas, when the US-based corporation establishes a company in France by investing as plants and machinery, this is FDI.

FDIs requires cash commitment for investing in the foreign nation. However, because the assets created as a result of these investments are owned by the originating country, it increases the volume of assets the country has abroad leading to an increase in net capital outflow. Net Capital Outflow is the volume of capital investment made by a nation in other countries, less the capital investment made by other countries into the nation.

Therefore, when Stryker builds and operate a new factory in France, it engages in Foreign Direct Investment. By itself this action raises US net capital outflow.

4 0
4 years ago
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