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Naddik [55]
3 years ago
11

The current US dollar to Euro exchange rate is 1 Euro = US $1.30 (or US $1 = 0.77 Euro). If the US dollar strengthens (appreciat

es) by 10% against the Euro, the new exchange will be
Business
2 answers:
12345 [234]3 years ago
8 0

1 Euro = $1.30 USD or $1.00 USD = 0.77 Euro (this means more US Dollar is needed in exchange with Euro and lesser  amount of Euro is needed in exchange with US Dollar)

US dollars strengthens by 10% compared to Euro.

1Euro = $1.30 USD --> $1.30*0.10 = 0.13 --> $1.30-0.13 = $1.17

$1.00 USD = 0.77 Euro --> 0.77*0.10 = 0.077 --> 0.77+0.077 = 0.847 Euro or 0.85 Euro

The new exchange rate will be 1 Euro = $1.17 USD or $1.00 USD = 0.85 Euro (this means that US economy is performing well, thus lesser US Dollar is needed in exchange with Euro and more Euro is needed in exchange with US Dollar)

san4es73 [151]3 years ago
5 0

1 euro would cost about $1.28 in US dollars.

1 euro could be exchanged for 119 Japanese yen

Hope this helps!!! :)

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3 0
4 years ago
من الامثلة على الازمات المادية الملموسة في المنظمات​
Vsevolod [243]
<h3>مطلوبہ جواب :)</h3>

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میڈیم میں ، جہاں کہیں بھی واقع ہیں) مذکورہ بالا سے ملتی جلتی ہیں۔

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3 0
3 years ago
Assume an economy is currently engaged in free trade but considering implementing a tariff on its main import, athletic shoes. W
UNO [17]

Answer:

Price - increase

Domestic production- increase

Import- reduces

Producer surplus- increase

Explanation:

A tariff is a form of tax on import or export.

When a tariff is imposed on a good , the price of the good increases.

As a result of the tariff , the amount of the goods imported falls as the imported good is now more expensive. The quantity produced by domestic producers increases as consumers would now start demanding for the domestic good. Tariffs are sometimes enacted to discourage importation and encourage domestic production.

As a result of the price increase, producer surplus increases. The increase in price also increases output. The producer surplus is the difference between the price of a product and the least amount the producer is willing to sell his product.

I hope my answer helps you.

7 0
4 years ago
At the beginning of January of the current year, Little Mikey's Catering ledger reflected a normal balance of $70,000 for accoun
inysia [295]

Answer:

end of January  balance in the accounts receivable account should be $65900

Explanation:

given data

accounts receivable = $70,000

customers on account = $18,400

account totaling = $14,300

services to be provided  = $6,800

to find out

balance in the accounts receivable account

solution

balance in the accounts receivable account will be find as

Balance of Accounts Receivable = Beginning balance + Revenue from earned services - Collections during the period     ........................1

put here value

Balance of Accounts Receivable  = 70000 + 14300 - 18400

Balance of Accounts Receivable  = $65900

so  

end of January  balance in the accounts receivable account should be $65900

7 0
3 years ago
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