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Virty [35]
3 years ago
13

Using the world bank index how many us dollars would buy the same amount of rupees as 862800

Business
1 answer:
Strike441 [17]3 years ago
5 0

With the current exchange rate provided by the word bank, 1 US dollar would be the equivalent of 64.43 Indian Rupees or INR. By knowing this exchange rate, you can simply divide the given amount which is 862,800 Indian Rupees by 64.43 INR. After dividing the two amounts, you will probably have 13,391.28 as your answer. There are a lot of ways in the digital age to convert currencies right now. However, when you exchange your money in exchange centers,do not expect to have the same amount you just calculated since you will be paying for a few taxes and service fees.

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vlabodo [156]

Answer:

Please see attachment

Explanation:

Please see attachment

8 0
3 years ago
Lindy Corporation has 1,000,000 authorized shares of $20 par value common stock. As of June 30, 2014, there were 600,000 shares
sertanlavr [38]

Explanation:

The journal entries are as follows

a. Retained earnings A/c Dr $300,000  (600,000 shares × $0.50)

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(Being the dividend is declared)

b. No journal entry is required

c. Dividend payable A/c $300,000

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3 0
3 years ago
A market structure with a large number of sellers who make differentiated products is called _____.
Lubov Fominskaja [6]
The correct answer for the question that is being presented above is this one: "Monopolistic competition." A market structure with a large number of sellers who make differentiated products is called monopolistic competition. Monopolistic Competition refers to a type of imperfect competition<span> such that many producers sell products that are differentiated from one another.</span>

4 0
3 years ago
A consultant works for $200 per hour. She likes to grow vegetables, but is not very good at it. Why does it make more economic s
galina1969 [7]

Answer:

It is provided that the consultant works for $200 per hour.

Since, for the exchange of her services as a consultant she gets to be paid through $200 monetary benefit, such benefit will not arise in case of growing of vegetables.

Currently she grows vegetables only for her needs, thus, she do not sell them commercially, and also as provided she is not good ion growing vegetables,

The chances of earnings through sale of vegetables is less, as the quality and quantity both served will be low.

Also for exchange of money $200 she can buy all the resources she needs to live, but as she will not be able to earn this much from sale of vegetables, she will not find the economic equilibrium from such sale.

Therefore, she should continue to work as a consultant.

3 0
3 years ago
Fernando Designs is considering a project that has the following cash flow and WACC data. What is the project's discounted payba
Semmy [17]
We use the formula to solve for the discounted payback period:
DPP = ln ( 1 / (1-P x r /A) ) / ln (1 + r)
From the problem
P = 900
r = 0.1
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Substituting:
DPP = ln (1 / (1 - 900(0.10)/500) / ln ( 1 + 0.10)
DPP = 2.09 years
5 0
3 years ago
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