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olga_2 [115]
3 years ago
8

If the European subsidiary of a U.S. firm has net exposed assets of euro​200,000, and the euro increases in value from ​$1.22/eu

ro to ​$1.26/euro the U.S. firm has a​ translation: A. loss of​ $8,000. B. gain of​ $8,000. C. loss of euro​252,000. D. gain of​ $252,000.
Business
1 answer:
larisa86 [58]3 years ago
5 0

Answer:

B. Gain $8,000

Explanation:

The calculation of exchange translation is shown below:-

Old exchange rate = Net exposed assets × Value of Euro

= 200,000 × ​$1.22

= $244,000

New value in euro = Net exposed assets × Increased exchange rate

= 200,000 × $1.26

= $252,000

Translation Profit  = New value in euro - Old exchange rate

= $252,000 - $244,000

= $8,000

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SIZIF [17.4K]

Answer:

Gross income=(1450-700)=$750

Explanation:

Gross income is the total earning before any taxes or deductions

In this case;

Gross income=Winnings-Losses

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Losses=racetrack=$700

Replacing;

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5 0
3 years ago
You purchased a stock at a price of $53.36. The stock paid a dividend of $1.87 per share and the stock price at the end of the y
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Answer:

Total return = 14.94%

Explanation:

Options are <em>"14.17% , 13.40% , 14.94%, 11.43%, 3.50%"</em>

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Total return = (End price - Beginning price + Dividends) / Beginning price

Total return = ($59.46 - $53.36 + $1.87) / $53.36

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Total return = 14.94%

4 0
3 years ago
What are the 3 main factors that affect the labor market
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Answer:

d. $18,900 unfavorable.

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3 0
3 years ago
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