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nalin [4]
2 years ago
6

Kenya is reserving a room in a hotel in France where they use euros (€). The room charge is €75. Suppose the conversion rate is

€1 = $1.298. What is the cost of the room in dollars?. . $57.78. . $77.56. . $97.35. . $129.80.
Business
1 answer:
irakobra [83]2 years ago
5 0
The cost of the room in dollars is obtained by multiplying the given value with the conversion. This is shown below,
                                   (€ 75) x ($1.298 / <span>€1)
The numerical value of the operation above is $97.35. Therefore, the answer is letter C. $97.35. </span>
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The operations of Smits Corporation are divided into the Child Division and the Jackson Division. Projections for the next year
dybincka [34]

Answer:

Operating income for the Smith's corporation as a whole if the Jackson's division were dropped is $22,500

Explanation:

The operations of Smith's Corporation are divided into the Child Division and the Jackson Division. Projections for the next year are as follows:

                                     Child  Division   Jackson  Division     Total

Sales revenue                 $250,000           $180,000      $430,000

Variable expenses              90,000              100,000         190,000

Contribution margin         $160,000             $80,000      $240,000

Direct fixed expenses          75,000               62,500          137,500

Segment margin                 $85,000             $17,500        $102,500

Allocated common costs      35,000               27,500           62,500

Total relevant benefit         $50,000            $(10,000)         $40,000

Operating income for the Smith's corporation as a whole if the Jackson's division were dropped

                                     Child  Division    

Sales revenue                 $250,000        

Variable expenses              90,000              

Contribution margin         $160,000            

Direct fixed expenses          75,000              

Segment margin                 $85,000              

Allocated common costs      62,500                

Total relevant benefit         $22,500            

Note that common fixed costs will be borne by the child division alone when the Jackson division is closed which is the entire 62,500 is deducted from the sales margin of child division before arriving at profit

3 0
3 years ago
On December 31 of the current​ year, Pilozzi Company has the following information​ available:
Aleksandr [31]

Answer:

On December 31 of the current​ year, can the Board of Directors declare and pay a cash dividend of $ 2 ​million

If the company don´'t have enough cash on hand to distribute the previously announced sum to shareholders, it may have to borrow funds to honor the dividend payment.

Explanation:

Companies can pay dividends in  cash or additional shares.

If the company don´'t have enough cash on hand to distribute the previously announced sum to shareholders, it may have to borrow funds to honor the dividend payment.

6 0
3 years ago
There is a 3 percent error rate at a specific point in a production process. If an inspector is placed at this point, all the er
xenn [34]

Answer:

Yes the inspector should be hired

Explanation:

Defective average = 0.03

inspection rate = 30 per hour

Cost of inspector = 8 per hour

Correction cost is $10 each

No inspection = 9/30

= 0.300

Inspector = 8/30

= 2.67

Yes the inspector should be hired

5 0
2 years ago
The predetermined manufacturing overhead rate for the year was 140% of direct labor cost; employees were paid $17.50 per hour. I
Aleks04 [339]

Answer:

D. $ 367.500

Explanation:

We have to first compute the total direct labor cost. This is done by multiplying the estimated direct labor hours with the hourly rate.

Total Direct Labour costs $ 17.50 per hour * 15,000 hours  =  $ 262,500

Estimated manufacturing overhead per the data in the question is 140 % of Direct labor cost,

Estimated manufacturing overhead is $ 262,500 * 140 % = $ 367,500

5 0
3 years ago
Three major segments of the transportation industry are motor carriers, such as YRC Worldwide (YRCW); railroads, such as Union P
erma4kov [3.2K]

Answer and Explanation:

The computation of the asset turnover for all three companies is as follows:

<u>Particulars        YRC            UNP                CH </u>

Sales                4697500    19941000          13144413

Divided by

Average

total assets     1824700       55159000          3436058

Assets turnover  2.6                0.4                    3.8

4 0
2 years ago
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