All categories

3 years ago

If the exchange rate between the u.s. dollar and the Canadian dollar is 1:1.3, which of the following is true

Business

1 answer:

NeTakaya3 years ago

6 0

Answer:

It will cost less to buy a $5 item in Canada than it will in the United States

Explanation:

if the exchange rate between the US Dollar and the canadian dollar is 1:1.3, then that menas that it would be easier to buy a commodity of $5 in canada as against buying in the US. This is because the price of the commodities will be affected by the exchange rate thus price making room for a 0.13

Cheers

You might be interested in

Which of the following analytical techniques is designed to output the best decision?

navik [9.2K]

Answer:

Prescriptive analytics

Explanation:

Prescriptive Analytics refers to the data analytics field that specializes on determining the best approach in a situation, based on the data accessible. It is linked towards both descriptive analytics as well as predictive analytics yet highlights valuable insights rather than data analysis.

Prescriptive analytics collects information with its systems from either a range of descriptive or predictive databases and relates it to the choice-making process. It involves mixing existing conditions with alternative actions to evaluate how well the outcome would be influenced by each.

It can also assess the effects of judgment, based on various potential future situations. The discipline draws inspiration from applied mathematics, using a number of statistical techniques to construct and re-create potential judgment trends that could have different effects on an entity.

6 0

3 years ago

Without division of labor, no specialization. Discuss

melomori [17]

Ncncncncmckckclslalamsnndnx

7 0

3 years ago

Read 2 more answers

Suppose a company is financed with $20 million of equity and $60 million of debt. That is, the company obtained $20 million from

alexgriva [62]

Answer:

Existing Equity = 20 million

Existing debt = 60 million

Total capital = 20 million + 60 million = 80 million

a. Given company issued 30 million of equity to retire debt

Equity after raise = $20 million + $30 million = $50 million

Debt = $60 million - $30 million = $30 million

Total capital size remain at $80 million

Capital structure, Equity = $50 million/$80 million = 0.625 = 62.50%

Debt = (1-0.625) = 0.375 = 37.50%

b. The market would welcome the new issue as the risk of the firm would be reduced.

6 0

3 years ago

The standard number of hours that should have been worked for the output attained is 6,000 direct labor hours and the actual num

LenKa [72]

Answer:

Actual Rate= $9.5 per hour

Explanation:

Giving the following information:

Actual number of hours= 6,300

Direct labor price variance= $3,150 unfavorable

Standard rate= $9 per direct labor hour

<u>To calculate the actual rate, we need to use the direct labor rate (price) variance formula:</u>

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

-3,150 = (9 - Actual Rate)*6,300

-3,150 = 56,700 - 6,300Actual Rate

-59,850 = -6,300Actual Rate

-59,850/-6,300 = Actual Rate

$9.5 = Actual Rate

4 0

3 years ago

Adding or deleting features and functions from an existing product platform is: Group of answer choices A high-end strategy. The

LuckyWell [14K]

b. The optional pricing strategy (O.P.)

More about optional pricing:

When a company uses optional product pricing, it sets a base product at a lower cost and additional, optional products at a higher price to make up for any losses. Optional products are not required for the base product to function, but they typically improve the customer experience.

The two key components of optional product pricing:

A base product is the main draw for the customer or the reason they are purchasing. It meets the needs of the customer and does not require the optional product to function.
A complimentary product(s): A product that a customer who purchased the base product is likely to purchase in order to improve their experience with the base product.

Learn more about pricing here:

brainly.com/question/17234963

#SPJ4

4 0

2 years ago