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AveGali [126]
3 years ago
8

To cater to the growing demand for luxury automobiles, Italy agrees to buy 5,000 cars from Comfort Cars Inc. in exchange for 5,0

00 barrels of oil. Since Comfort Cars Inc. is not seen as creditworthy, Italy decides to make this a one-time-only deal. What form of countertrade is Italy using
Business
1 answer:
kupik [55]3 years ago
7 0

Answer: barter

Explanation:

Barter is an exchange system whereby money isn't used as the medium of exchange but rather, there's a direct exchange of goods or services.

From the question, we are given the information that Italy agrees to buy 5,000 cars from Comfort Cars Inc. in exchange for 5,000 barrels of oil. This shows that a barter system took place.

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Suppose that the pound is pegged to gold at 6 pounds per ounce, whereas the franc is pegged to gold at 12 francs per ounce. This
zmey [24]

Answer:

we can look at this problem from 2 different point of views:

if you have francs and wish to buy pounds: then you take 12 francs and purchase 1 ounce of gold, and then you sell it for 6 pounds. This way you will only spend 2 francs per each pound instead of 2.2.

if you have pounds and want to make a gain: you take 6 pounds and purchase 13.2 francs and you then buy 1.1 ounces of gold. Then you sell the 1.1 ounces of gold in exchange for 6.6 pounds.

Any of the scenarios does not include any transaction prices nor shipping costs, it is only theoretical.

4 0
3 years ago
Industrial Machines needs to purchase a new machine costing $1.25 million. Management is estimating the machine will generate ca
max2010maxim [7]

Answer:

The firm shouldn't purchase the machine because the IRR is less than the required minimum

Explanation:

Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested

IRR can be calculated using a financial calcuator

Cash flow in year 0 = $-1.25 million.

Cash flow in year 1 = $210,000

Cash flow in year 2 to 5 = $350,000

IRR = 8.51%

The firm shouldn't purchase the machine because the IRR is less than the required minimum

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button

8 0
3 years ago
Type the correct answer in the box. Spell all words correctly. Which view in a presentation program displays your slides in full
Mariulka [41]
<h3><u>Answer:</u></h3>

The view in a presentation program displays your slides in full-screen mode is Slide Show view

<h3><u>Explanation:</u></h3>

Practice the Slide Show view to present your presentation to your viewers. Slide Show view engages the entire computer screen, precisely the form your display will view on a big screen when your viewers perceive it. One can guide to the SlideShow view from the taskbar at the base of the sliding window.

When in Slide Show view in PowerPoint, click the screen with your mouse to progress within the slides in your presentation. Alternatively, touch the “Space” bar on your keyboard to progress into the slide show.

8 0
3 years ago
Jason wants to dine at five different restaurants during a summer getaway. If four of nine available restaurants serve​ seafood,
scoundrel [369]

There are 1560 ways

Explanation:

The toal number of restaurants are 8, out of which 3 serve seafood, and during the summer gateway, Jason decided to dine out at 4 multifarious restaurants.

Since, the order is significant, permutations is to be used.

Four restaurants can be chosen from the 8 restaurants in _{8} \mathrm{P}^{4}. In this case, "at least one" is complement of "fewer than one" (that is 0). Thus, four restaurants that are not serving seafood can be chosen from five restaurants in 5 P^{4}.

<u>Using complements principle to get the number of ways to get at least one of the restuarants serve seafood,</u>

8 P^{4}-5 P^{4} = 1680-120

8 P^{4}-5 P^{4} = 1560

Therefore, there are 1560 ways

5 0
3 years ago
Delta Distributors has accounts receivable of $2,750,000 and average daily credit sales of $118,280. The firm offers credit term
liq [111]

Answer:

The firm's accounts receivable period is 23.25 days

Explanation:

Accounts receivable period = 365 / Account receivable turnover ratio

When Account receivable turnover ratio = Net sales / Account receivables

Account receivable turnover ratio = 118,280 * 365 days/ 2,750,000

Account receivable turnover ratio = 15.698

Hence, Account receivable period = 365 / 15.698

Account receivable period = 23.25 days

3 0
3 years ago
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