Answer:
$714,796.28
Explanation:
The computation of the dollar cost of the CHF1,000,000 is shown below:
= Number of Swiss francs buys ÷ banker quotes bid–ask rates
= 1,000,000 Swiss francs ÷ CHF 1.3990/USD
= $714,796.28
Simply we divide the Number of Swiss francs buys by the banker quotes bid–ask rates so that the dollar cost of the CHF1,000,000 could come.
Answer:
$ 11,250
Explanation:
Given data:
General and administrative expenses
Administrative salaries = $ 6,000
Other cash administrative expenses = $ 3,400
Depreciation expense on the administrative equipment = $ 1,850
monthly interest on an outstanding bank loan = 5 % of $20,00
Now,
the total expenses will be calculated as the sum of all the General and administrative expenses
i.e
Administrative salaries + Other cash administrative expenses + Depreciation expense on the administrative equipment
thus,
$ 6,000 + $ 3,400 + $ 1,850
= $ 11,250
The increase of shoe sellers in the market from the town would result in an increase in competition. In addition, these would provide a lot of choices among consumers on what good they will likely buy. So to have an edge compared to other sellers, some do marketing strategies like advertising.
Answer:
Standard deviation= $43.309
Explanation:
Standard deviation can be defined as a measure of dispersion of a set of values from their mean. When standard deviation is low it means the variables are close to their mean. While if standard deviation is high the variables are far away from the mean.
The mean= (sum of the values)/number of values
Mean= (97+102+56+26+3)/5
Mean= $56.80
Standard deviation= √(Σ(x- mean)^2/number-1
Standard deviation= √{(97-56.8)^2+ (102-56.8)^2+ (56-56.8)^2+ (26-56.8)^2+ (3-56.8)^2}/5
Standard deviation= √(1616.04+2043.04+0.64+948.64+2894.44)/5-1
Standard deviation= √7502.8/4
Standard deviation= $43.309