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3241004551 [841]
3 years ago
5

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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Q1.Explain two reasons why the demands foreign holidays might increase?
Natalka [10]

Answer 1:

Foreign holidays might increase because there is a direct positive relationship between income and holidays.

Explanation:

That is, people are more likely to go on a holiday if their income increases and refrain from doing so if their income takes a nosedive.

This essentially is due to the nature of the demand for foreign holidays.

Answer 2:

According to the laws of Economics, the following factors have the potential to shift the demand for goods and or services. They are:

• Changes in Prices of Substitutes and or complementary goods

• Consumer Tastes and Preferences  

Explanation:

1. Substitute goods are goods that can be used to replace the preferred option. Complementary goods are goods that should go with the primary product or good being demanded.

An example of substitute goods is pencil vs pen.

An example of complementary goods is pencil vs eraser.

In either case, when the price of one changes, in the case of substitutes, the demand for the alternative may take a sudden leap (all things being equal). On the other hand, the price of complementary products usually goes in the same direction so also their demand. If the prices of pencils go up, their demand will fall and so will the demand for erasers.

2. Tastes and preference are very strong influences on demand.

Phones, once upon a time used to have only one camera. Then the taste shifted to having two cameras (one in the front and another at the back). The current rave is for phones that have multiple cameras with various functionalities.

The implication is this. No matter how low the prices for single-camera phones go, the demand for them may never rise because preferences have moved on.

Cheers!

6 0
3 years ago
In its first year of operations, Roma Company reports the following. Earned revenues of $47,000 ($39,000 cash received from cust
Elina [12.6K]

Answer:

Net Income

Cash basis $10,800

Accrual basis $20,500

Explanation:

Computation of Roma company’s first-year net income under both the cash basis and the accrual basis of accounting will be:

Cash basis Accrual basis

Revenue $39,000 $47,000

Expenses $28,200 $26,500

Net Income $10,800 $20,500

Cash paid $20,950

Add Prepaid cash $7,250

=$28,200

Therefore first-year net income cash basis will e $10,800 and accrual basis will be $20,500

6 0
4 years ago
Assume that IBM leased equipment that was carried at a cost of $178,000 to Sandhill Company. The term of the lease is 7 years De
Tanya [424]

Answer:

Explanation:

December 31, 2017

DR Cash $30,868

CR Lease Receivables $20,569

CR Interest Revenue $10,299

(To record less payment receipt)

Workings

Interest Revenue

= ( Present Value - Rental Payment for year) * Interest Rate

= ($178,002 - $30,868 )*7%

= $10,299.38

= $10,299

Lease Receivables

= 30,868 - 10,299

= $20,569

6 0
4 years ago
Megan is concerned about the performance of one of her teammates on a project. Which of the following is an example of effective
cupoosta [38]

Answer:

Explanation:

I think it is d

It is the only non degrading answer

8 0
3 years ago
Read 2 more answers
An insured's CGL has a Products and Completed Operations Aggregate Limit of $100,000 with a $20,000 limit per occurrence. Follow
Alexeev081 [22]

Answer:

lol i knew it then had to do something and forgot

Explanation:

7 0
4 years ago
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