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3 years ago

If you purchase Swiss Frac (CHF) 50,000 of supplies from Switzerland how much will this cost in US$ today:_________

Business

1 answer:

Elina [12.6K]3 years ago

7 0

Answer: $45647.45

Explanation:

To solve the question above, first we need to note that:

1 USD = 0.912949 Swiss Francs(CHF)

Therefore, we then convert 50,000 Swiss France to United States Dollars and this will be:

= 50000 × 0.912949

= $45647.45

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The definition of income effect is best defined as: ___________. Select the correct answer below: The state in which the ratio o

LenaWriter [7]

Answer:

The idea that a higher price means the buying power of income has been reduced.

Explanation:

The income effect is defined as the change in consumption of goods of services after a change of income. If income grows, it is expected that the consumption of goods and services will also grow (this can be measured by the marginal propensity to consume), and viceversa.

If prices rise, the buying power of income will be reduced even if income has grown. If prices rises even more than income, the buying effect of income will fall even more. This two statements can be both explained by the income effect concept.

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3 years ago

Firm A purchased Firm B for $4,000 when B's total owners' equity was $2,000. Firm A completed the qualitative test for goodwill

atroni [7]

Answer:

D. $300

Explanation:

The goodwill is computed below:

Carrying value = Purchase price - Total owners equity - excess value of an assets

= $4,000 - $2,000 - $500

= $1,500

The implied value = Total market value - market value of its net identifiable assets

= $3,200 - $2,000

= $1,200

So, the difference is

= $1,500 - $1,200

= $300

The difference is term as a goodwill

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3 years ago

Jaleel's work group meets face-to-face and generates numerous alternatives to a product issue, many of them radical and a few ou

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Answer:

brainstorming as a part of it’s decision making process

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3 years ago

Jill’s company pays $5000 a year for her health care costs. This is an example of a ______. a. commission b. compensation c. pay

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Jill’s company pays $5000 a year for her health care costs. This is an example of a BENEFIT.

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4 years ago

Read 2 more answers

The Tennis Times (TTT) is a publisher of magazines. Its accounting policy for subscriptions follows:RevenuesRevenues from our ma

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Answer:

Question requires the journal entries to record a, b and c.

Date Account Title Debit Credit

2018 Cash $490,000,000

Unearned revenue $490,000,000

Date Account Title Debit Credit

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Service revenue $239,000,000

Date Account Title Debit Credit

2019 Unearned revenue $251,000,000

Service revenue $251,000,000

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3 years ago