Answer:
$41,666.667
Explanation:
The computation of the money astute trader make is
= Invested amount × (Euro exchange rate ÷ dollar exchange rate) × (Pound cross rate ÷ euro cross rate) × dollar exchange rate
= $1,000,000 × (€1.00 ÷ $1.6) × (£1 ÷ €1.2) × $2
= $1,041,666.667
So, the money would be
= $1,041,666.667 - $1,000,000
= $41,666.667
If the total of your credits exceeds the amount you owe, your statement shows a credit balance. This is money the card issuer owes you. You can call your card issuer and arrange to have a check sent to you in the amount of the credit balance.
Hope this help!!
it was punishment for them
we will save 500,000 dollars worth of inventory.
If sales are 4,000,000 then the expected inventory will be 1,000,000
Giving an inventory turnover of:
4,000,000 / 1,000,000 = 4
IF we double the inventory turnover then:
4,000,000/inventory = 8
So the inventory will be of: 4,000,000/8 = 500,000
the difference is for 500,000
Demographic.
Demographic is the statistical characteristics of human populations (such as age or income) used especially to identify markets.
