Answer:
The trip to Colombia is priced less at $1,497.07.
Explanation:
Using the following spot inter-bank market on November 1, 2019,
1 USD = 3339.85 COP (Colombian Pesos) and
1 USD = 1.4455 AUD (Australian Dollars
5,000 Australian Dollars on that day would be equivalent to
= 
= $3,459.01
5,000,000 Colombian Pesos on that day would be equivalent to
= 
= $1,497.07
Considering the U.S Dollars equivalent of both cost, the trip to Colombia is priced less at $1,497.07.
Answer:
Total Current Assets $ 100,800
Explanation:
The current asset are those assets which are cash cash or the firm expect to convert in cash within a 12 month period (one-year)
Assets with a useful life or collection date longer than a year will be considered non-current thus, non included in current asset
Cash $ 38,600
Short-term investments $ 4,600
Accounts receivable $ 51,000
Supplies <u> $ 6,600 </u>
Total Current Assets $ 100,800
23,748.3853 i think that’s the answer
Answer:
or
Explanation:
Assume an investment of $1.00
First Simple Bank:
Amount after 6 years = 1 + PRT
= 1 + 1(0.064)(10)
= 1.64
Complex Bank:
Take 10th root of both sides
or
Answer:
62.70%
Explanation:
The markup value is found by calculating the gross profit and dividing it by its price. The retail price for the Rent-a-Furniture Center is $799 and the selling is $25 per week.
There are 52 weeks in a year, therefore, with this payment plan of $25/week, the total amount in one year is (52* 25) = $1300. Gross profit is (1300- 799) = $501. The markup value is (501/799) = 62.7033%
