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docker41 [41]
3 years ago
15

An American executive is going on a business trip to Japan and England. Before she departs, she purchases $10,000 worth of Japan

ese yen at the prevailing rate of ¥82.54/$. After finishing her business in Japan, she departs for London where she converts the remaining yen to British pounds. She sells ¥512,375 at a rate of ¥132.03/£. She finally returns to the United States with £567.35, which she would like to convert to U.S. dollars. Based only on the rates given, how many dollars will she receive if she sells the pounds?
Business
1 answer:
Sedbober [7]3 years ago
3 0

Answer:

The correct answer is $907.76.

Explanation:

According to the scenario, computation of the given data are as follow:-

1¥ = 82.54$

1£ = 132.03¥

Convert pounds to us dollars= £ ÷ $ = £132.03 ÷ $82.54

= 1.60$ ÷ £

Mean, 1£ = 1.6$

She has £567.35 .

After converting the pound into the dollar, she will receive = £567.35 × $1.60

= $907.76

Hence, she receive $907.76 if she sells the pounds.

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If the selling price is $22 per unit, what is the contribution margin per unit sold? (round your answer to 2 decimal places.)
Rasek [7]
The computation follows:

1. Solve first for the variable cost per unit.
Direct materials $ 6.00 

<span>Direct labor $ 3.50 
</span>
<span>Variable manufacturing overhead $ 1.50 
</span>
<span>Sales commissions $ 1.00 
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<span>Variable administrative expense $ 0.50 
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<span>= $12.50 variable cost per unit 

2. Then deduct the selling price to the variable cost per unit, to get the contribution margin.

</span><span>22 - 12.50 = $9.50 CM per unit</span>
7 0
3 years ago
_____ refers to the systematic process of regulating a company's activities to make them consistent with the expectations establ
lukranit [14]

Answer:

Organisational control refers to the systematic process of regulating a company's activities to make them consistent with the expectations established in plans, targets, and standards of performance

Explanation:

Organisational control involves the process of influencing the members of an organisation to work in line with the achievement of the objectives of the organisation.  organisational control when properly designed is capable of  improving the organisation's  performance because it will allow the organisation to effectively execute its strategies.

 Organisation control involves setting standards, measuring performance and ensuring that performance conforms with standards and if need be make corrections.

3 0
3 years ago
The major difference between a low-cost provider strategy and a focused low-cost strategy is the a. amount of outsourcing involv
docker41 [41]

The major difference between a low-cost provider strategy and a focused low-cost strategy is the size of the buyer group to which a company is appealing.

<h3>What is a strategy?</h3>

These are devices company employ to achieve their medium and long term objectives.

Hence, the major difference between a low-cost provider strategy and a focused low-cost strategy is the size of the buyer group to which a company is appealing.

Learn more about strategies here: brainly.com/question/24462624

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6 0
2 years ago
Stockholders' equity totaled $94,000 at the beginning of the year. During the year, net income was $24,000, dividends of $9,000
Tomtit [17]

Answer:

$131,000

Explanation:

The computation of the ending balance of stockholder equity is shown below:

= Beginning balance of stockholder equity + net income - dividend paid + additional common stock issued

= $94,000 + $24,000 - $9,000 + $22,000

= $131,000

Therefore, the ending balance of stockholder equity is $131,000

We simply added the net income and the additional common stock issued and deduct the dividend paid to the beginning balance of stockholder equity so that the ending balance could come

7 0
3 years ago
Which of the following pieces of information is NOT commonly collected on a job application?
laila [671]

Answer:

The answer to this question is A

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