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3 years ago

If a U.S. citizen could buy £25,000 for $100,000, the rate of exchange for the pound would be

Business

1 answer:

Natalka [10]3 years ago

5 0

Answer:

<u>The rate of exchange for the £ is US$ 4</u>

Explanation:

1. Let's check the information provided to answer the question correctly:

Amount the U.S. citizen want to buy in £ = 25,000

Amount the U.S. citizen will pay in US$ = 100,000

2. Let's calculate the rate of exchange for the British pound £, this way:

Rate of exchange = Amount in US$/Amount in £

Rate of exchange = 100,000/25,000

<u>Rate of exchange = 4 US$ per £</u>

We can also express the rate for the US$, this way:

Rate of exchange = Amount in £/Amount in US$

Rate of exchange =25,000/100,000

Rate of exchange = £ 0.25 per US$

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Assume that Hotel Excellent uses activity-based costing to allocate hotel overhead to guests. In Hotel Excellent, if the budgete

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Answer:

c. $33.33 per housekeeping hour

Explanation:

The housekeeping department's activity rate is how much each housekeeping hour costs.

This question can be solved by a simple rule of three.

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27,000 hours - $900,000.

1 hour - $x.

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$x = \frac{900000}{27000}$

$x = 33.33$

So the correct answer is:

c. $33.33 per housekeeping hour

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3 years ago

In which situation would you need to compromise to avoid stress and conflict?

Marianna [84]

Add the selections so I can answer.

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4 years ago

Which depict a negative externality? (Select all that apply)

kompoz [17]

Answer:

The corrects answers for this would be A and C.

Explanation:

As you can see, for both a and c, those are the only two answers that have a negative outcome, hence the negative externality.

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3 years ago

The Fish House is expected to pay annual dividends of $1.23 and $1.25 at the end of the next two years, respectively. After that

lorasvet [3.4K]

Answer:

c. $8.05

Explanation:

Calculation to determine What is the value of this stock at a required return of 16.4 percent

First step is to calculate the P2

P2 = ($1.35/.164)

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Therefore the value of this stock at a required return of 16.4 percent is $8.05

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3 years ago

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tekilochka [14]

Answer:

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Explanation:

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3 years ago