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2 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:

NeTakaya2 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

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A ________ exists when various companies producing similar products or services work together to control markets for the types o

iragen [17]

A cartel exists when various companies producing similar products or services work together to control markets for the types of goods and services they produce.

A cartel is a group of independent market participants who work together to improve profits and control the market. Cartels are usually associations in the same line of business and mergers of competitors.

1: Written agreement between Sengoku. 2 : An association of independent commercial or industrial enterprises aimed at limiting competition or fixing the prices of illegal drug cartels. 3 : Faction combination for joint action.

Examples of cartels: Organization of the Petroleum Exporting Countries (OPEC), an oil cartel whose members control 44% of world oil production and 81.5% of world oil reserves.

Learn more about cartel here

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7 0

2 years ago

Differential Analysis for Machine Replacement Boyer Digital Components Company assembles circuit boards by using a manually oper

jasenka [17]

Answer:

Continue with old machine

Explanation:

Differential Analysis

Continue with Old Machine (Alt.1)or Replace Old Machine (Alt.2

May-04

Continue with Old Replace Old Diff. effects Machine (Alt. 1) Machine (Alt.2) (Alt. 2)

Revenues:

Sale ( 5 years) 803,500 803,500 0

Costs:

Purchase price 0 -105,500 105,500

Direct materials -274,000 -274,000 0

( 5 years)

Direct labor -190,000 0 -190,000

( 5 years)

Power and -17,500 -94,000 76,500

maintenance

Taxes, insurance -6,500 -21,000 14,500

etc ( 5 years)

Selling and -190,000 -190,000 0

administrative

expense ( 5 years)

Total expenses -678,000 -684,500 6,500

Profit (Loss) $125,500 $119,000 $6,500

Hence it is advantageous to continue with old machine. Net incremental advantage of continuing with old machine = $6,500

6 0

3 years ago

As the dominant member of the channel of distribution, Coca-Cola holds a lot of power in the relationship with independent groce

irakobra [83]

Answer:

System of Administered vertical marketing

Explanation:

Vertical marketing system is the system of cooperation among the several levels of the distributed channel. In this system, the members work together in order to promote the efficiency as well as economies of scale in the direction products are promoted to the end users.

Administered Vertical Marketing System is the one of the kind of vertical marketing system, which is a system that is coordinated among the distribution channel organisation, in that the flow of products from producer to the customer is controlled through size and power of one member of the system.

So, in this case, dominant member has the power of controlling the store. Therefore, it states the example of administered vertical marketing system.

6 0

3 years ago

Smith and Benson make an oral contract for the sale of some land at a price of $500,000. After paying Smith $400,000 of the purc

amid [387]

Answer:

D. Smith is incorrect, because Benson paid part of the purchase price and took possession.

Explanation:

Since in the question, there is a contract between the Smith and Benson for the sale of land but after paying the $400,000 the Benson takes the land possession. but according to the Smith it is an unenforceable contract under the statute of frauds.

So as Benson pay the amount of $400,000 and take the possession so in this case the Simon is incorrect

Hence, the option d is correct

4 0

3 years ago

A company has fixed costs of $50,000 while manufacturing a product that has variable costs of $4 per unit and sells for $14 per

Airida [17]

Answer:

the break even point in units is 5,000 units

Explanation:

The computation of the break even point in units is shown below:

= Fixed cost ÷ contribution margin per unit

= Fixed cost ÷ (Selling price per unit - variable cost per unit)

= $50,000 ÷ ($14 - $4)

= $50,000 ÷ $10

= 5,000 units

hence, the break even point in units is 5,000 units

We simply applied the above formula so that the correct value could come

And, the same is to be considered

5 0

3 years ago