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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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Who is Jake from Statefarm??
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my baby daddy.

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In the news article, the author predicts that the future will be more contentious than the past because the rising incomes requi
shutvik [7]

Economics in the micro-level is scarcity economics, means that every decision that is made by an individual is created based on the availability of the scarce product.

<h2>Further Explanation:</h2>

The economic is a human activity that has a purpose in improving the social standard of living based on the choice of scarcity.

Take an example of the goods for production.

In the fundamental theory of economy, which accommodated in Adam Smith in the latest 18th century.

Human has to choose among

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The development of economy nowadays made a lot of health care facility to be more achievable. Take a look at public healthcare; in the past, there is no concept of insurance or general health standard. There is no standard of safety in working place. There is no transparent constitution background for someone to be safe.

Also, take a look at how easy a person in getting food. There is no more activity, like hunting for a person to get food.

<h2>Learn more</h2>
  • Account with highest interest : brainly.com/question/2989392
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<h2>Details of the question</h2>

Grade: University level

Subject: Economy

Chapter: Microeconomy

4 0
3 years ago
Read 2 more answers
under which inventory cost flow assumption does inventory on the balance sheet best approximate its current cost?
scoray [572]

The inventory cost flow assumption does inventory on the balance sheet best approximate its current cost is first-in, first-out.

Both the raw materials used in production and the finished commodities that are offered for sale are included in the definition of inventory. One of a company's most valuable assets is its inventory because it is one of the main sources of revenue generation and, consequently, a source of profits for the company's shareholders. There are three different categories of inventory: finished commodities, work-in-progress, and raw materials. On the balance sheet of a company, it is listed as a current asset.

Both the products that are on hand for sale and the raw materials required to make those products are considered inventory.

On the balance sheet of an organization, it is categorized as a current asset.

The three different categories of inventory are raw materials, finished commodities, and work-in-progress.

The first-in, first-out method, the last-in, first-out method, and the weighted average method are the three methods used to value inventory.

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8 0
1 year ago
On January 1, 2018, Jay Company acquired all the outstanding ownership shares of Zee Company. In assessing Zee’s acquisition-dat
raketka [301]

Answer:

consolidated income statemnt interest expense: 14,500

net long-term debt consolidaded: 232,500

Explanation:

Jay thinks the long-term debt carries a discount.

Which makes the fair value 20,000 less, thus increasing hte interest expense.

amortization on discount: 20,000 / 8 = 2,500

interest expense in the consolidated statement:

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discount on debt<u>  17,500 </u>

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5 0
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