1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
maksim [4K]
3 years ago
11

Toyota manufactures in Japan most of the vehicles it sells in the United Kingdom. The base platform for the Toyota Tundra truck

line is ¥1,650,000. The spot rate of the Japanese yen against the British pound has recently moved from ¥197/£ to ¥190/£. How does this change the price of the Tundra to Toyota's British subsidiary in British pounds?
Business
1 answer:
Rufina [12.5K]3 years ago
4 0

Answer and Explanation:

The computation of the change in price is shown below:

Original import price

= 1,650,000 ÷ 197

= 8375.63

The new import price is

=  1,650,000 ÷ 190

= 8,684.21

Now the percentage change in price is

= (8,684.21 - 8375.63) ÷ 8375.63

= 3.68%

This would be equal to the percentage change in the Japanese yen as the price of the truck remains unchanged

You might be interested in
Large aircraft producers such as the Boeing Company normally use: Select one: a. Job order costing. b. Process costing. c. Mixed
insens350 [35]

Answer: Job order costing

Explanation:

The costing of work orders or job costing refers to the method for distributing and collecting production costs to a specific production unit. The costing method for job orders is implemented when the different items generated vary significantly from one another and each one has a substantial cost.

     The job cost documents also perform as the conglomerate ledger for the expense of the job-in-process stock, the stock of finished products, and the charge of selling products to the supplier. Because there is a considerable difference in the produced goods, a separate department order cost report for each individual item is required for the job order pricing system.

8 0
3 years ago
A.)what is H-pilorie disease cause by(dunno spelling sorry)b.)can it kill​
Novay_Z [31]

Answer:

Helicobacter pylori (H. pylori) infection occurs when a type of bacteria called Helicobacter pylori (H. pylori) infects your stomach. This usually happens during childhood. A common cause of <u><em>peptic ulcers</em></u>, H. pylori infection may be present in more than half the people in the world.

4 0
3 years ago
Which is an example of an expense control strategy?
lana66690 [7]

Answer:

d

Explanation:

Unfortunately cutting or reducing production, or reengineering at all.

3 0
3 years ago
The Federal Deposit Insurance Corporation was established in 1933, during the Great Depression, to:_________
ICE Princess25 [194]

Answer:

b) help stop bank failures throughout the United States.

Explanation:

A bank run can be defined as a situation where bank clients or depositors make withdrawals of their money simultaneously from banks as a result of them being scared or afraid the depository institution will run out of cash (bankruptcy) and become insolvent.

The Federal Deposit Insurance Corporation which is also generally referred to as the FDIC was a New Deal program introduced by President Franklin D. Roosevelt in 1933 and it was designed to prevent bank failures or bank runs and restore the public's faith in the banking system.

Hence, the Federal Deposit Insurance Corporation (FDIC) was established on the 16th of June, 1933 so as to counter or mitigate the problem with bank runs.

Generally, the income generated from the premium payments of insured banks is used to fund or finance the Federal Deposit Insurance Corporation (FDIC).

Additionally, to avoid bank runs or other financial institutions from being insolvent, the Federal Reserve (Fed) and Central banks (lender of last resort) are readily accessible and available to give monetary funds to these institutions when they're running out of money and as well as regulate their activities.

In conclusion, the Federal Deposit Insurance Corporation (FDIC) was established in 1933, during the Great Depression, to help stop bank failures throughout the United States.

7 0
3 years ago
What journal entry is made in a job-order costing system when $8,000 of materials are requisitioned for general factory use inst
Jlenok [28]

Answer:

(d) Manufacturing Overhead $8,000 Raw Materials $8,000

Explanation:

This will be an spending associate with the actual overhead.

These materials are indirect, so it should go in the factory overhead account.

They are not associate with any job in particular, so it cannot be capitalize through work in process.

8 0
3 years ago
Other questions:
  • Item Hare’s Net Book Value on the Date of Sale List Price of Same Item If New Appraiser’s Estimate of Fair Value Punch press $ 1
    9·1 answer
  • When a firm's sales revenues are greater than its expenses, the firm has a:
    14·1 answer
  • Is it possible for a firm to become too big to be competitive and earn profit?
    13·1 answer
  • Dacosta Corporation had only one job in process on May 1. The job had been charged with $2,300 of direct materials, $6,966 of di
    5·1 answer
  • The study of​ ________ reveals a number of ways to enhance your relationship strategy and add value. this helps the salesperson
    13·1 answer
  • Small organizations with fewer resources will need to separate RAs, but larger and better equipped organizations have streamline
    11·1 answer
  • You expect to receive a payout from a trust fund in 3 years. The payout will be for $10,200. You plan to invest the money at an
    8·1 answer
  • Why is a w-2 form so important
    7·1 answer
  • Suppose the town of Boone has a total population of 70,000 people. Of those, 65,000 people are employed. There are 1,000 full-ti
    5·1 answer
  • What are some good outdoor thing to do outside for the summer<br> list as many as can
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!