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puteri [66]
3 years ago
5

g A particular brand of toothpaste costs 4 British pounds in London. The nominal exchange rate is .80 and the real exchange rate

is about 1.16. These numbers imply that the U.S. price of the same toothpaste is about a. $5.79 b. $4.29 c. $3.70 d. $2.76
Business
1 answer:
Nostrana [21]3 years ago
4 0

Answer:

The answer is option (d)$2.76

Explanation:

Solution

Given that:

The cost of a particular brand of toothpaste = 4 pounds

The exchange rate = .80

Real exchange rate = 1.16

Now

Real exchange rate is given as:

R = real exchange rate

e = nominal exchange rate

PF = foreign price

P = domestic price

Suppose we say that U.S. is a domestic country and British is a foreign country we have the following formula below:

R =  e(PF/P)

R = 1.16

e = 0.80

PF = 4

Thus

R =  e(PF/P)  

1.16 = 0.80(4/P)

P = 3.2/1.16

= 2.7586207

= $2.76

Therefore, The U.S rice of the same toothpaste is about $2.76

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Does Amit drive a car safely? (into statement)​
Ierofanga [76]

Answer:

That question in statement form is "Amit drives a car safely"

Explanation:

We know this because it's a response to the question. When asking "Does Amit drive a car safely", we would most likely say "Yes, Amit drives a car safely" or "No, Amit does not drive a car safely". Hope this helps!

4 0
3 years ago
A Rhode Island company produces communion wafers for churches around the country and the world. The little company produces a lo
mariarad [96]

Answer: 28,800 wafers

Explanation:

Number of wafers held on average in cooling tube during production:

= Rate of production for one wafer * Time in cooling tube

= 48 seconds * (10 minutes * 60 secs)

= 48 * 600

= 28,800 wafers

5 0
3 years ago
The basic logic behind the Rational Rule for Sellers is that a company owner should increase output as long as the extra output
Soloha48 [4]

According to the logic behind the Rational Rule for Sellers, a company owner should increase output when the extra output D. adds more to revenue than it adds to costs.

According to the Rational Rule for Sellers, a seller should only choose the output level where the marginal cost is equal to the marginal revenue.

It should be noted that the owner of a company should increase output when the extra output adds more to revenue than it adds to costs. This is vital in order to increase the revenue and profit of the firm.

Read related link on:

brainly.com/question/25670500

5 0
3 years ago
True or False? Financial instruments can be grouped by time to maturity (money vs. capital) or type of obligation (stock, bond,
blondinia [14]

Answer:

True

Explanation:

Financial Instruments are agreements pertaining to the exchange of money between parties. The financial instruments could be in the form of cash or the right bound by contractual laws to receive or deliver items with monetary value. Shares, bonds, loans, and derivatives like futures and forwards are other examples of financial instruments. These financial derivates are securities whose prices are hinged on underlying assets like bonds, stocks, commodities, and currencies.  Cash instruments, on the other hand, have their prices determined mainly by the market fluctuations.

Classification of financial instruments could be based on the asset or debt classes. The debt classification could also be broken down as being long or short term. So, the grouping by time to maturity (money vs. capital) or type of obligation (stock, bond, derivative) is a system of classifying financial instruments.

6 0
4 years ago
Wright's Warehouse has the following projections for Year 1 of a capital budgeting project. Year 1 Incremental Projections: Sale
Solnce55 [7]

Answer:

option 4 is correct

cash flow is $12000

Explanation:

Given data

Sales = $200,000

Variable Costs = $120,000

Fixed Costs = $40,000

Depreciation Expense = $20,000

Tax Rate = 40%

to find out

operating cash flow

solution

we know cost = Variable Costs+ Fixed Costs

cost = $160,000

and

profit is = Sales - cost - expense

profit = $200,000 - $160000 - $20,000

profit = $20,000

and

tax expense = 40% of $20000

tax expense = 40% × $20000 = $8000

so

cash flow = profit - tax expense

cash flow = 20000 - 8000

cash flow = $12000

so option 4 is correct

cash flow is $12000

7 0
4 years ago
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