1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tatyana61 [14]
3 years ago
13

If the Canadian dollar to U.S. dollar exchange rate is 1.21 and the British pound to U.S. dollar exchange rate is 0.68​, what mu

st be the Canadian dollar to British pound exchange​ rate?
Business
1 answer:
umka2103 [35]3 years ago
4 0

Answer:

Canadian Dollar/US dollar= 1.21

British Pound to US dollar = 0.68

Canadian Dollar to British pound =?

In order to find Canadian dollar to British pound we will have to multiply Canadian Dollar/US dollar with US Dollar to British pound  this way US dollar will cancel each other out as one will be in the numerator and one in the denominator and then Canadian dollar will be in numerator and British pound will be in the denominator and we will get Canadian dollar/ British Pound. We know the Canadian Dollar/ US dollar rate but we need to find the US dollar to British Pound rate and in order to do that we will divide 1 by the British Pound to US dollar rate. So

US Dollar to British Pound rate = 1/0.68 = 1.47

Canadian Dollar/British Pound = Canadian Dollar/US Dollar * US Dollar/ British Pound

Canadian Dollar to British Pound = 1.21*1.47= 1.78

Explanation:

You might be interested in
Adriana has borrowed $30,000 from her IRA in order to fund her startup costs. How long does she have to replace the money withou
nordsb [41]

Answer:

it is NOT 30 days

Explanation:

7 0
3 years ago
Read 2 more answers
a. As far as the tax code is concerned, HeadBook will increase its expenses by $5,000 in either case. If it pays for the policy,
polet [3.4K]

Answer: $1,750

Explanation:

Incurring a health insurance cost of $5,000 or increasing salaries by $5,000 will have the same effect on the taxes because they will both be removed from the income before the taxes are calculated.

The reduction in tax in either case is:

= Expense * Tax rate

= 5,000 * 35%

= $1,750

8 0
2 years ago
Approximately 80% of the population on madagascar consists of subsistence farmers who use a slash and burn technique called ____
crimeas [40]

Approximately 80% of the population on Madagascar consists of subsistence farmers who use a slash and burn technique called Tavy to clear forests. This traditional Malagasy farming method Taly is used to clear forest for farming land. The method involves setting vegetation alight after being cut down, creating potential land for rice cultivations.

8 0
3 years ago
A white man places a rental property he owns on craigslist to rent it out for the next year. he receives two very promising appl
julia-pushkina [17]
This is an example of racisim/ predjudice/colorisim or discriminatiom
4 0
3 years ago
Read 2 more answers
Bob picks up a sandwich from the cafeteria and pays the cashier $3.25. He ate half of it and did not want the rest. What is the
viva [34]

Answer: sunk cost

Explanation:

5 0
3 years ago
Read 2 more answers
Other questions:
  • Only you can open your safety deposit box. True False
    10·2 answers
  • Which of the following stages in a buying sequence will result in a specific option or set of options from which price, delivery
    13·1 answer
  • During last year the price of regular unleaded gasoline in Oakland, California increased 10 percent. If the price elasticity of
    6·1 answer
  • Suppose that you work for an advertising agency and are brought into a meeting where everyone is asked to come up with names for
    11·1 answer
  • Interdepartment Services: Step Method
    9·1 answer
  • A statute that imposes a 10-year jail sentence for driving while intoxicated would be best classified as _______________________
    14·1 answer
  • The Up and Coming Corporation's common stock has a beta of 0.9. If the risk-free rate is 4 percent and the expected return on th
    9·1 answer
  • Features, Advantages and disadvantages free market economy?
    14·1 answer
  • Baxter Publishing sought to reduce expenditures related to the printing of books in its trade and educational market and contrac
    11·1 answer
  • Suppose the risk-free rate of return is 3.5 percent and the market risk premium is
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!