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Pavel [41]
3 years ago
10

Suppose that an American-made pair of blue jeans has a price of $80. If the exchange rate is $0.095 = 1 peso, then a Mexican con

sumer would have to pay approximately __________ pesos to purchase the blue jeans, but if the exchange rate is $0.085 = 1 peso, then a Mexican consumer would have to pay _________ pesos to purchase the blue jeans.
Business
1 answer:
Natasha2012 [34]3 years ago
8 0

Answer:

The correct answer is 842.1 Pesos and 941.18 Pesos.

Explanation:

According to the scenario, the given data are as follows:

Price of Jeans = $80

So, if exchange rate is $0.095 = 1 pesos

Then pesos required to buy that jeans can be calculated as follows:

Pesos required = $80 ÷ $0.095

= 842.1 Pesos

And if 1 Pesos = $0.085, then

Pesos required = $80 ÷ $0.085

= 941.18 Pesos

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To destory monopolies that were using their power to harm society.
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Reagan Corp. acquired one hundred percent of Ford Inc. on January 1, 2016, at a price in excess of the subsidiary's fair value.
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Answer:

B. $497,000

Explanation:

           Consolidated Balance of Equipment

Excess value at the acquisition                  $110,000

($350,000-$240000)

Book value as on Dec 31 2018 of Ford      $170,000

Book value as on Dec 31 2018 of Regent  $250,000

Less: excess depreciation                          <u>-$33,000  </u> ($110,000/10*3)

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Net income increases when: Group of answer choices fixed costs increase. depreciation increases. the average tax rate increases.
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Net income increases when "revenue" increases.

<h3>What is revenue?</h3>

The overall revenue generated by a business over a predetermined period of time. This can be done by-

  • The entire income generated by a specific source, such as a property with high predicted yearly returns.
  • The total income a financial investment generates.
  • The amount of revenue that a political entity, such as a country or state, collects and deposits into the treasury for use by the general public.
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Geronimo files his tax return as a head of household for year 2017. if his taxable income is $72,000, what is his average tax ra
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3 years ago
Navel County Choppers, Inc., is experiencing rapid growth. The company expects dividends to grow at 23 percent per year for the
Nina [5.8K]

Answer:

P0 = $77.397794 rounded off to $77.40

Explanation:

The two stage growth model of DDM will be used to calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,

P0 = D0 * (1+g1) / (1+r)  +  D0 * (1+g1)^2 / (1+r)^2  +  ...  +  D0 * (1+g1)^n / (1+r)^n  + [(D0 * (1+g1)^n  *  (1+g2) /  (r - g2))  /  (1+r)^n]

Where,

  • g1 is the initial growth rate
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  • D0 is the dividend paid today or most recently
  • r is the required rate of return

P0 = 1.89 * (1+0.23) / (1+0.15)  +  1.89 * (1+0.23)^2 / (1+0.15)^2  +  

1.89 * (1+0.23)^3 / (1+0.15)^3  +   1.89 * (1+0.23)^4 / (1+0.15)^4  +  

1.89 * (1+0.23)^5 / (1+0.15)^5  +  1.89 * (1+0.23)^6 / (1+0.15)^6  +  

1.89 * (1+0.23)^7 / (1+0.15)^7  +  1.89 * (1+0.23)^8 / (1+0.15)^8  +  

1.89 * (1+0.23)^9 / (1+0.15)^9  +  1.89 * (1+0.23)^10 / (1+0.15)^10  +  

[(1.89 * (1+0.23)^10  *  (1+0.07)  / (0.15- 0.07))  /  (1+0.15)^10]

P0 = $77.397794 rounded off to $77.40

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