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finlep [7]
3 years ago
9

You are an international shrimp trader. A food producer in the Czech Republic offers to pay you 2.3 million Czech koruna today i

n exchange for a​ year's supply of frozen shrimp. Your Thai supplier will provide you with the same supply for 2.8 million Thai baht today. If the current competitive market exchange rates are 25.49 koruna per dollar and 39.31 baht per​ dollar, what is the value of this​ deal?
Business
1 answer:
Y_Kistochka [10]3 years ago
6 0

Answer:

$19,002.77

Explanation:

The computation of the value of deal is shown below:

The value of the deal = Sales revenue - purchase cost

where,

Sales revenue is

= 2,300,000 ÷ 25.49 koruna per dollar

= $90,231.46

And, the purchase cost is

= 2,800,000 ÷ 39.31 baht per​ dollar

= $71,228.69

So, the value of the deal is

= $90,231.46 - $71,228.69

= $19,002.77

hence, the value of the deal is $19,002.77

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With iOS, its particularly important for an app to minimize the persistent storage placed in the app's home directory. This is b
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3 years ago
The 2016 financial statements of Leggett & Platt, Inc. include the following information in a footnote. (in millions) 2016 2
Virty [35]

Answer:

Option (D) is correct.

Explanation:

Given that,

In 2016,

Allowance for doubtful accounts = $7.2 million

Total accounts and other receivables, net = $486.6 million

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Allowance for doubtful accounts = $9.3 million

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=  net receivable(2016) + allowance for doubtful(2016)

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8 0
3 years ago
Light emitting diodes (LED) light bulbs have become required in recent years, but do they make financial sense? Suppose a typica
tangare [24]

Answer:

Annual wattage cost of 60 watts is $3.729

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total annual cost = $3.914

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Annual LED cost of 15 watts is $0.125

total annual cost = $1.06

l

Explanation:

For the cost of LED and durability

it is require to use a light fixture 500 hours per year

60-watt incandescent light bulb costs $.37 and lasts 1,000 hours. that mean, its last for 2years before buying a new one.

And for a 15-watt LED,  costs $3.00 and lasts for 12,000 hours, thats means it will last for 24 years before purchase of another.

assuming, will are using the 60watts for 24years, a cost of  $.37*12times = $4.44 will be use for buying.

therefore, a 15 watts LED is more cheaper.

For the current charges of LED

for 60watts

if A kilowatt-hour of electricity costs $.113 =

1000 watts = 1hour = $0.113

60 watts  = 1hour  = (60*0.133/1000) = $0.0068

it is said that, the consumption is for 500 hour per year.

therefore, 60watts used per year = 500*0.0068 = $3.39

return of 10% =0.339.

total cost of watts for 500hr for a year = 3.39+0.339 = $3.729

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total annual cost = $3.914

for 15 watts

if A kilowatt-hour of electricity costs $.113 =

1000 watts = 1hour = $0.113

15 watts  = 1hour  = (15*0.133/1000) = $0.0017

it is said that, the consumption is for 500 hour per year.

therefore, 15 watts used per year = 500*0.0017 = $0.85

return of 10% =0.085.

total cost of watts for 500hr for a year = 0.85+0.085 = $0.935

Annual wattage cost of 15 watts is $0.935

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total annual cost = $1.06

6 0
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Answer:

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Explanation:

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7 0
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