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
aleksley [76]
3 years ago
8

International businesses with markets and production facilities in other countries, or that use materials from different countri

es need to understand the ways and rates at which currency is converted.
a. True
b. False
Business
1 answer:
lilavasa [31]3 years ago
7 0

Answer: True

Explanation:

International businesses that has its markets and its production facilities in other countries, or a business that uses resources from other countries should understand the exchange rate system and how it works.

Different policies are pursued by the government and there's no universal exchange rate system, therefore it's vital for businesses to look at the foreign markets and their currency conversion.

You might be interested in
What is the amount of cash April Wood Products received from customers during the reporting period if its sales were $42.5 milli
Lera25 [3.4K]

Answer:

<u>$38.5 million</u>

Explanation:

Since the April Wood incoming transactions-accounts receivable increased by 4 million we obtain the cash value by substracting the question total accounts receivable value from the sales.

Where;

sales= $42.5 million

accounts receivable increase= $4 million

Amount of cash April Wood Products received from customers during the reporting period=

$42.5 million - $4 million= $38.5 million

7 0
3 years ago
U.S.-based companies should turn to the _____ for the most comprehensive source of export information.
Juliette [100K]

Answer:

Department of commerce

Explanation:

U.S.-based companies should turn to the department of commerce for the most comprehensive source of export information.

The department of commerce is a section in the United States government. It creates jobs through good and favorable international trade terms, sustainable development and through access to high technology.

It provides companies with trade informations of which exports is one.

6 0
3 years ago
Concerned about the political fallout from rising gasoline​ prices, the government cuts the tax on gasoline. At the same​ time,
Kitty [74]

Answer: 1) increases and 2) increases

Explanation:

When a government cuts tax on gasoline then it will become cheaper for the consumer as well as for the suppliers of gasoline. So, they increase the supply of gasoline because of the tax cut by the government.

Also, if the oil producing companies decided to increase the production at the same time then this will also increase the supply of gasoline.

Hence, both tax cut by the government and increase in oil production results in higher supply of gasoline.

7 0
3 years ago
On January 1, a company borrowed $50,000 cash by signing a 7% installment note that is to be repaid in 5 annual end-of-year paym
Andreas93 [3]

Answer:

Please see attachment

Explanation:

Please see attachment

3 0
3 years ago
A company is considering buying licenses for 12 megahertz of wireless spectrum in the 700 MHz range, which is suitable for deliv
Ne4ueva [31]

Answer:

NPW = -$136.539 million

The negative net present value means that the project is not financially feasible, and therefore the company does not approve or pursue this investment.

Explanation:

Data Given:

Initial cost = $150 million

Annual cost = $15 million

Annual revenue = $18 million

salvage value = $0

Time period = 8 years

MARR = 15%

Calculate Net present worth:

NPW = -$150 million + ($18 million - $15 million) (P/A, 15%, 8)

(P/A, 15%, 8) = 4.487

NPW = -$150 million + ($3 million * 4.487)

NPW = -$150 million + $13.461 million

NPW = -$136.539 million

The negative net present value means that the project is not financially feasible, and therefore the company does not approve or pursue this investment.

4 0
3 years ago
Other questions:
  • The main reason a person becomes a supervisor is
    15·1 answer
  • 3. Which of the following is an example of a goodwill message?
    15·1 answer
  • Information collected from online databases is an example of ________ data. A) observationalB) experimentalC) primaryD) secondar
    7·1 answer
  • During the current year, Harry, a self-employed accountant, travels from Kansas City to Miami for a seven-day business trip. Whi
    6·1 answer
  • A company revealed the following figures: Sales revenue $2,240,000 Contribution margin $560,000 Net operating income $410,000 Ho
    15·1 answer
  • A complaint of sexual harassment by a part-time worker in a hardware business was upheld when the Tribunal found that the employ
    6·1 answer
  • Celeste's accountant fails to prepare her tax returns accurately, and Celeste is charged penalties and interest by the Internal
    9·1 answer
  • For each of the following cash activities, choose the appropriate letter to match the activity with the internal control princip
    12·1 answer
  • A __________ card is issued by a credit union or bank and allows the user to purchase goods and services by electronically deduc
    14·1 answer
  • _________ are industry-specific factors that separate one strategic group from another.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!