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leonid [27]
3 years ago
5

g Suppose a carton of hockey pucks sell in Canada for 105 Canadian dollars, and 1 Canadian dollar equals 0.71 U.S. dollars. If p

urchasing power parity (PPP) holds, what is the price of hockey pucks in the United States? g
Business
1 answer:
torisob [31]3 years ago
6 0

Answer:

$74.55

Explanation:

Purchasing power parity (PPP) is a term that measures prices in different countries using a specific good.

Now, the Exchange rate of currency 1 to currency 2, S is given as:

S=\dfrac{P_1}{P_2}

P_1=Cost of good X in currency 1

P_2=Cost of good X in currency 2

$1 = CAD $ 0.71

​0.71=\dfrac{P_1}{105}\\P_1  =105 X 0.71\\P_1=\$74.55

If PPP holds, the pucks should cost the same in both markets.

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Who is the founder of royal crown hotel ??
Inessa [10]
Trump is the founder of it
7 0
3 years ago
Griffins Goat Farm, Inc., has sales of $667,000, costs of $329,000, depreciation expense of $73,000, interest expense of $46,500
rjkz [21]

Answer and Explanation:

The computation of the earnings and dividend per share is shown below;

But before that the net income should be determined

Sales   667000  

Less: Costs  329000  

Income before depreciation, interest and taxes 338000  

Less: Depreciation expenses 73000  

Operating income 265000  

Less: Interest expenses 46500  

Income before tax 218500  

Less: Tax  at  25% 54625  

Net income 163875  

a Earning per share = Net income ÷ Outstanding Common stock  

= $163,875 ÷ 27200  

= $6.02 per share

b Dividend per share = Dividend paid ÷ Outstanding Common stock  

= $47000 ÷ 27200    

= $1.73 per share

4 0
2 years ago
when resources are purchased from outsiders through long term contracts instead of being made in house, this process is referred
pogonyaev

Answer:

Outsourcing

Explanation:

Outsourcing is a term often used in business relationships that describes a practice in which companies ensures that best candidates are employed for a particular work often contract job, without getting involved in the process of sourcing and appointing internally. It can be used for various operations such as audition works, procurement, planning strategy, etc.

Hence, in this case, the correct answer is OUTSOURCING

4 0
3 years ago
The following data apply to the provision of psychological testing services: Sales price per unit (1 unit = 1 test plus feedback
Phoenix [80]

Answer:

2,000 test

Revenues 2,000*$320=$640,000

Variable costs 2000*$205 ($160+$21+$6+$8+$10)=$410,000

Fixed costs=$37,000 ($22,000+$15,000)

Income =$193,000

1,250 test

Revenues 1,250*$320=$400,000

Variable costs 1,250*$205 ($160+$21+$6+$8+$10)=$256,250

Fixed costs=$37,000 ($22,000+$15,000)

Income =$106,750

Explanation:

6 0
3 years ago
An investment adviser structured as a partnership lends money to a customer to buy recommended securities. Under NASAA's Model R
Eva8 [605]

A) acceptable, provided the securities are used as collateral for the loan and the loan conforms to the provisions of Regulation T.

B) acceptable, provided the loan is made under the provisions of Regulation T of the Federal Reserve.

C) unethical.

D) acceptable, provided the securities are used as collateral for the loan.

Answer: Unethical

Explanation: Based on the model and policy of the North America Securities Administrator's Association, the investment adviser cannot lend money to a customer to purchase recommended securities under the guise of being partners, such behavior is deemed UNETHICAL and in violation of the rule binding the practices and investment advisers and investment adviser representatives.

Customers can purchase securities by taking loans from recommended or regulated lender, broker or bank.

5 0
3 years ago
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