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3 years ago

100 million euros equals how many dollars

Business

1 answer:

agasfer [191]3 years ago

6 0

Answer: The correct answer is $111,315,000

Explanation: One euro is equal to $1.11 in US dollars. With that being the value of the euro, it means that 100 million euros equal $111,315,000.

The exchange rates of foreign currency are very fluid. This is the value today, but could very possible be different tomorrow.

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What is the term that describes when the amount of goods produced is about the same as the number of consumers who are willing t

Anarel [89]

<h2>Answer:</h2><h2>Equilibrium point </h2><h2>An optimum position of a market price that generates the equal amount on demand and supply for a product or service </h2>

4 0

3 years ago

A technical analyst has been charting the price movements of ABC stock. The stock has been fluctuating in price between $63 and

bogdanovich [222]

Answer:

The trader should orders to buy ABC stock or take a long position to the stock.

Explanation:

The stock has been fluctuating for 3 months, hence, its value should be well analysed. Now if there is a breakout through the support level, usually with a good quarterly performance report, the stock is likely to go "bull". Buying and holding the stock is a rational decision.

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4 years ago

"A firm has $400,000 in credit sales and $100,000 in accounts receivable. Compute accounts receivable turnover and average numbe

erastova [34]

Answer:

45 days

Explanation:

Data provided

Credit Sales = $400,000

Accounts receivable turnover ratio = Credit Sales ÷ Average Accounts Receivables

= $400,000 ÷ ($100,000 + 0) ÷ 2

= 8 times

Average number of collection days = 360 ÷ Accounts Receivable turnover ratio

= 360 ÷ 8

= 45 days

Therefore for computing the average number of collection days we simply divide accounts receivable turnover ratio by 360.

7 0

4 years ago

g The Nite Lite Factory produces two products - small lamps and desk lamps. It has two separate departments - finishing and prod

almond37 [142]

Answer:

$7.20

Explanation:

Given the following :

FINISHING department :

overhead budget = $550,000

direct labor HOURS = 500,000

PRODUCTION department :

overhead budget = $400,000

direct labor hours = 80,000

Predetermined allocation rate for finishing department :

Overhead / allocation base = ($550,000 / 500,000) = $1.10 per direct labor hour

Predetermined allocation rate for production department :

Overhead / allocation base = ($400,000 / 80,000) = $5 per direct labor hour

If the budget estimates that a desk lamp will require 2 hours of finishing and 1 hour of production:

Finishing department :

(2 × Predetermined allocation rate for finishing department)

= (2 × $1.10) = $2.20

Production :

(1 × Predetermined allocation rate for production department)

= (1 × $5). = $5

Total = ($2.20 + $5) = $7.20

3 0

3 years ago

Which of the following is NOT a useful strategy when making an informed purchase?

nasty-shy [4]

The answer to this question is B

8 0

3 years ago