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wariber [46]
3 years ago
12

jasper Corp. converts $1,000,000 into euros when the exchange rate is $1 = €0.75. After three months, the company converts this

back into dollars when the exchange rate is $1 = €0.80. What is the outcome of this transaction?
Business
1 answer:
riadik2000 [5.3K]3 years ago
8 0

Answer:

net loss of $62,500

Explanation:

Today Jasper converted $1,000,000 into 750,000€ ($1 = €0.75)

In three months from now, Jasper turned the 750,000€ into $937,500 ($1 = €0.80). ⇒ 750,000 / 0.80 = 937,500

The result of these transactions is a net loss = $937,500 - $1,000,000 = -$62,500.

The net loss happened because the euro depreciated against the US dollar, i.e. it lost value.

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You need to send email and schedule a meeting to handle this disagreement.

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  • The points you can follow are:
  • 1. Identify the conflict's root cause.
  • 2. Go somewhere private and safe to discuss.
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  • 6. Determine the appropriate course of action and the roles that each party must play in the resolution.
  • 7. Assess the situation and determine future preventive measures.
  • Everyday conflict is a part of life. With your family, friends, or coworkers, you may disagree. However, there are a number of dispute resolution techniques you may use to make sure this problem is insurmountable.
  • The achievement of corporate goals depends on managing and resolving conflict at work. Therefore, if there are any issues or conflicts between your employers, search for the best approaches to handle the matter.

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3 0
2 years ago
Sunland Company reported net sales $820,000; cost of goods sold $533,000; operating expenses $215,250; and net income $69,700. C
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8 0
3 years ago
Hocker Company issues $200,000 of ten-year, 8% bonds to yield 10% on January 1, 20X1. The bonds pay interest annually on Decembe
Gnom [1K]

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6 0
3 years ago
A restaurant sells pizza at a rate of $14.57/slice. Expenses for the restaurant include raw material for pizza at $9.57 per slic
natka813 [3]

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they should sell 16 pizzas

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Total expense money :  9.57+168+62 =239.57

239.57 / 14.57 = 16.44 ≈ 16.4 and if we round up the decimal side the answer will be 16. Therefore the restaurant has to sell 16 pizzas

Hope i helped in some way!

3 0
3 years ago
A client with multiple myeloma presents to the emergency department complaining of excessive thirst and constipation. His family
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Answer:

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