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3 years ago

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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Star Jewelry sells 500 units resulting in $75,000 of sales revenue, $28,000 of variable costs, and $18,000 of fixed costs. The n

antoniya [11.8K]

The <u>number of units</u> that must be sold to achieve $40,000 of operating income is 617 units.

<h3>What is break-even analysis?</h3>

Break-even analysis is an accounting concept that can be used to determine the <u>number of units</u> that must be sold to achieve $40,000 of operating income. This can be computed by using the concept of break-even analysis as follows:

<h3>Data and Calculations:</h3>

Sales units = 500 units

Sales revenue = $75,000

Selling price per unit = $150 ($75,000/500)

Variable costs = $28,000

Variable cost per unit = $56 ($28,000/500)

Contribution margin per unit = $94 ($150 - $56)

Fixed costs = $18,000

Target operating income = $40,000

Break-even point in units to achieve target profit = 617 units ($18,000 + $40,000)/$94

Thus, the <u>number of units</u> that must be sold to achieve $40,000 of operating income is 617 units.

Learn more about break-even analysis at brainly.com/question/21137380

8 0

2 years ago

PLEASE HELP ME ASAP PLEASE!!!!

Grace [21]

Answer:

The answer is B

Explanation:

When nobody wants the product, the product builds up until there is so much the product becomes cheaper. This is because the product is not scarce anymore.

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3 years ago

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A country in South America is experiencing high inflation, around 15% annually, and high unemployment, around 25%. According to

Assoli18 [71]

Answer:

The correct answer is the option D: A negative real shock

Explanation:

To begin with, in the case presented where the economy has suffered from high inflation and unemployment rates then the most likely situation that could have happened before to explain this outcome is that the country and its economy were harmed badly by a negative real shock. This tend to happen when the aggregate supply is low and this one tends to decline rapidly affecting the economy in its whole due to the fact that the sellers are now producing less of the products and services and therefore the consumption and the real GDP decreases dramastically.

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3 years ago

Of the following process costing steps, which must be done last? A. Compute the equivalent units of production.B. Compute the co

aalyn [17]

Answer: The correct option is B. Compute the costs per equivalent unit of production is the step that must be taken at the end of the costing process.

Explanation: In order to calculate the cost per unit, we must know the costs and the equivalent units first.

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3 years ago

What is one explanation for why this labor supply curve is upward sloping? the opportunity cost of leisure decreases as wages de

san4es73 [151]

I believe the correct answer is the first option. The labor supply curve is upward sloping because the opportunity cost of leisure decreases as wages decrease and the opposite of such is true as well. As one work one hour more, one will have less time for other activities. As the work rate increases in value, then the opportunity cost increases as well.

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