A. Define the term cliché of this sentence

Megatron Corp. earned net income of 13 comma 000 Euros in its overseas branch at France. Its headquarters is located in the U.S.

viva [34]

Answer:

$18,330

Explanation:

For translation of income statement items such net income, the applicable rate is the average rate.

Since the average rate being is $1.41 / Euro, we have:

Value of income in home currency = 13,000 euro * $1.41 = $18,330.

7 0

3 years ago

Cash Flows. Quick Computing currently sells 10 million computer chips each year at a price of $20 per chip. It is about to intro

Tema [17]

Answer:

Since net revenue has increased from $140 million to $246 million = $106 million by considering all costs thus all the costs and revenue shall be considered.

Explanation:

For calculating the present value, all the cost and revenue will be considered.

Original revenue = Sale of 10 million chips

10 million $\times$ $20 = $200 million

Less: Cost = 10 million $\times$ $6 = $60 million

Net Revenue = $140 million

In case of introducing new chips

Revenue will be as follows

12 million $\times$ $25 + 3 million $\times$ $20

= $300 million + $60 million = $360 million

Less: Costs 12 million $\times$ $8 + 3 million $\times$ $6

= $96 million + $18 million = $114 million

Net Revenue = $360 - 114 = $246 million

Since net revenue has increased from $140 million to $246 million = $106 million by considering all costs thus all the costs and revenue shall be considered.

3 0

3 years ago

This year Barney purchased 680 shares of bell com stock for $11.00 per share. At year-end the bell shares were only worth $2.20

Damm [24]

Purchased shares = 680 shares * $11.00 ($7,480)
Year-end shares worth = 680 shares * $2.20 ($1,496)
Loss of shares = $7,480 - $1,496 ($5,984)

OR

Loss in shares price= $11.00 - $2.20 ($8.80)
Loss of shares = 680 shares * $8.80 ($5,984)

Barney can deduct $5,984 as the amount of loss of this year.

4 0

3 years ago

Consider a large number of countries around the world. There is a positive correlation between the number of cell phones per per

Elena-2011 [213]

Answer:

Option B is correct one.

Explanation:

No, the positive correlation just shows that richer countries have both more nintendos and higher life expectancies it makes no sense to calculate correlation between these two variables.

5 0

3 years ago

The replacement cost of an inventory item is below the net realizable value and above the net realizable value less the normal p

Andrews [41]

Answer:

D. Replacement cost.

Explanation:

As we know that the inventory should be recorded at the cost or market value whichever is lower

Given that

Original cost is less than the net realizable value subtract the profit margin

So we assume the following figures

Original cost $10

Net realizable value 9

Replacement cost 8

NRV less normal profit margin 7

As if we compare the original cost and replacement cost so the lower value is of replacement cost

hence, the same is to be considered

Therefore the correct option is D.

4 0

3 years ago