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3 years ago

· Value of $1 U.S. in pesos is 10.34

Business

2 answers:

raketka [301]3 years ago

7 0

The answer is D) 1034 pesos

You can solve this equation by using the simple equation of 10.34 x 100. Hope this helps you!

Viefleur [7K]3 years ago

4 0

Answer : The correct option is, (D) 1034 pesos.

Explanation :

As we are given the following conversions of currency.

Value of $1 U.S. in pesos is 10.34

or,

Value of 1 Peso in U.S. Dollars is $0.09

As per given conversion,

$1 U.S. = 10.34 pesos

$100 U.S. = $\frac{\$ 100U.S}{\$ 1U.S}\times 10.34\text{ pesos}$

= 1034 pesos

Thus, when she exchanged it for pesos, she received 1034 pesos.

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Mijka Company was started on January 1, Year 1. During Year 1, the company experienced the following three accounting events: (1

yaroslaw [1]

Answer:

Mijka Company

a. Journal Entries

Debit Cash $30,400

Credit Service Revenue $30,400

To record the proceeds for services provided.

Debit Expenses $13,800

Credit Cash $13,800

To record the payment of cash for services.

Debit Dividend $2,100

Credit Cash $2,100

To record the payment of cash dividend.

b. Income Statement for the year ended December 31, 2018:

Service Revenue $30,400

Expenses 13,800

Net Income $16,600

Dividends (2,100)

Retained earnings $14,500

Statement of Changes in Stockholders' Equity as of December 31, 2018:

Retained Earnings $14,500

Balance Sheet as of December 31, 2018:

Assets:

Cash $14,500

Equity:

Retained Earnings $14,500

Explanation:

a) Data and Calculations:

Cash revenue $30,400

Cash expense (13,800)

Cash dividend (2,100)

Cash balance $14,500

5 0

2 years ago

You just deposited $2,500 in a bank account that pays a 4.0% nominal interest rate, compounded quarterly. If you also add anothe

choli [55]

Answer:

The value of the investment would be $16,035.87 in 12 quarters from now

Explanation:

The value of $2,500 after four quarters can be determined with the below formula:

FV=PV*(1+r/t)^N*t

FV is the future value of the investment, the unknown

PV, the present value of the investment is the amount invested.

r is the rate of return of 4%

t is the number of times interest is paid annually,4 times in this case

After the first four quarters, the worth of the investment is shown thus:

FV=$2500*(1+4%/4)^1*4

FV=$2500*(1+1%)^4

FV=$2,601.51

After that $5000 was added to $2,601.51 making $7,601.51 which was reinvested to yield the below:

FV=$7,601.51*(1+ in 4%/4)^1*4

FV=$7,601.51*(1+1%)^4

FV=$7910.16

Then $7,500 was added to $7,910.16 which turns $15,410.16

FV=$15,410.16*(1+4%/4)^1*4

FV=$15,410.16*(1+1%)^4

FV=$16,035.87

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3 years ago

__________refers to an organization's ability to strategically address current business needs and successfully develop a long-te

sdas [7]

Answer:

Sustainability

Explanation:

Sustainability can simply be defined as the meeting of present needs while also making room to meet future needs as well. On another hand, sustainability can be defined as the provision of current needs without jeopardizing provision for future needs.

Sustainability aims to look at the provision or meeting of needs or obligations at present and future times, making sure that none affects the other.

Sustainability is important in any business as it the key to any business standing the test of time and becoming reputable. Also, sustainability heps a business to attract employees and customers alike, it improves the business reputation as well as maintain the joy of shareholders among other things.

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5 0

3 years ago

Read 2 more answers

A business and its employees take into account the _____________________________________ economic, societal and natural systems

Nitella [24]

Answer:

The correct answer is: Political.

Explanation:

To begin with, a company and its employees take into account the political, economic, societal and natural systems when taking actions that are legal and ethical due to the fact that these are the sytems that comprehends the environment or external context of the organization and represents the factors that tend to change the curse of action or even the situation that the business is going through. Therefore that when the company must look after its image regarding the subject of law and ethics, then it must take into account those particular systems that can vary the accounts of the organization.

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3 years ago

In contemporary Japanese society, a group is associated with:______

ElenaW [278]

Answer:

d. the company a person works for.

Explanation:

In contemporary Japanese society, a group is associated with the company a person works for.

A group typically comprises of two or more people who share some things in common such as identity, aims, interest and are willing to work in an accord.

Hence, the company or organization an individual works for, is usually considered to be a group in the contemporary Japanese society.

This is so because employees are blinded by a common goal, aim, interest to allow them work effortlessly, effectively and efficiently together.

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3 years ago