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Darina [25.2K]
3 years ago
8

If a Starbucks vanilla latte costs $5 in Seattle and 4 euros in Paris, what must the exchange rate be if purchasing power parity

holds?
a) 4 euros per dollar

b) 0.80 euros per dollar

c) 1.25 euros per dollar

d) 20 euros per dollar
Business
1 answer:
anzhelika [568]3 years ago
7 0
D <span>20 euros per dollar</span>
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Ship A is 15 miles east of P and is moving west at 20 mph; ship B is 60 miles south of P and is moving north at 15 mph. At what
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please \: refer \:  \:  to \: the \: attachment \: above

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2 years ago
Solar represents a minuscule portion of u.s. energy production because of ________.
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I believe it should be lack of investment
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On July 8, Alton Co. issued an $80,000, 6%, 120-day note payable to Seller Co. Assume that the fiscal year of Alton Co. ends Jul
shtirl [24]

Answer:

$306.67          

Explanation:

The accrued interest is of 23 days which must be accounted for in the books of accounts.

The interest for 120 days = $80,000 * 6% * 120 / 360 = $1600

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8 0
3 years ago
The following information is available for Concord Corporation and Skysong, Inc.: (in millions) Concord Corporation Skysong, Inc
Aleonysh [2.5K]

Answer:

Earnings per share of Concord Corporation for the year 2022 = $2.83

Explanation:

As for the information provided we have,

Earning per share to be computed for Concord Corporation for 2022

Note: Earning per share is computed for a period, and not for the particular date as it relates to the return on investment.

Therefore, Earnings per share for equity = Earnings for equity for the year concerned/Average number of shares outstanding

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8 0
3 years ago
A group of middle school students wants to raise money to help build a new school track. They decided to sell donuts before scho
never [62]

Answer:

25 cent/donuts

Explanation:

Demand function have these two points (275, 0), (175, 25)

Demand function equation:

y - 25 = \frac{25 - 0}{175-275} (x-175)

-100y + 2500 = (x - 175)

-4y + 100 = x - 175

x + 4y = 100 + 175

x + 4y = 275....................equ 1

Similarly Supply function have these point (150,0), (200, 50)

Supply function equation:

y - 50 = \frac{50 - 0}{200-150}(x- 200)

50y - 2500 = x - 200

y - 50 = x - 200

x - y = 200 - 150

x - y = 150

By equation 1 & 2

x + 4y = 275

x - y =  150 ==> x = 150+y

So from equ 1 => x + 4y = 275

=> 150+y+4y = 275

=> 150+5y = 275

=> 5y = 275 - 150

=> 5y = 125

=> y = 25

So, the price that the students should charge per donut so that there is neither a surplus nor a shortage of donuts is 25 cent/donuts

4 0
3 years ago
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