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pantera1 [17]
3 years ago
9

Suppose the direct foreign exchange rates in U.S. dollars are: 1 Singapore dollar = $0.7025 1 Cyprus pound = $2.5132 Based on th

e information given above, how many U.S. dollars must be paid for a purchase of citrus fruits costing 10,000 Cyprus pounds?
Business
1 answer:
dusya [7]3 years ago
6 0

Answer:

In order to buy citrus fruits costing 10,000 Cyprus pounds 25,132 US dollars must be paid

Explanation:

From the information in the question we already know that 1 Cyprus pound is 2.5132 US dollars so in order to find out how much dollars will be needed to purchase fruits worth 10,000 cyprus pounds we will multiply 10,000 by 2.5132.

10,000*2.5132= 25,132

So in order to buy citrus fruits costing 10,000 Cyprus pounds 25,132 US dollars must be paid

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Wilbur decides to sell his collection of rare stamps through an online auction site. When he is filling out the information abou
jasenka [17]

Answer:

Wilbur cannot rescind the contract based on his unilateral mistake.

Explanation:

Lets suppose that I made an offer of $1000 which you accepted to buy my car on a phone call for $1000 and later in the same day a person offered me more money for the same car and I sold the car to him. You went to court and I said that I mistakenly made an offer of $1000 which means that every person who revoke the clauses will make lame excuses in the court. If this act is permitted then the law gives the people free hand whatever they desire to do with the contract. So for this reason this act was considered unethical and the court said that the mistakes that are unilateral are not be rescind.

5 0
3 years ago
Clarence is a sole proprietor who started his business on July 29, 2017. He has not elected any particular tax year. Generally,
astra-53 [7]

Answer:

Clarence must file his tax returns on schedule C which is April 15, 2020 (for 2019 taxes).

Explanation:

As a sole proprietor of a small business Clarence must include his personal tax return when he files the sole proprietorship's tax returns. Tax returns must be filed on different dates depending on what type of business is filing:

  • Sole proprietorship and single-member LLC by April 15, 2020.
  • Partnership by March 16, 2020.
  • Multiple-member LLC by March 15, 2020.
  • S corporation by March 15, 2020.
  • Other corporations (not S corporations) by the 15th day of the 4th month after their fiscal year ends.

6 0
4 years ago
if the Supply schedule for a taco truck shows at $200 per day at $2.00 per Taco are being produced how many tacos per day does t
arsen [322]

Answer:

100

Explanation:

$2 times 100 tacos is equal to $200.

7 0
3 years ago
if a company has 150 shares of common stock and $15,000.00 to be distributed to its holders, how much would each share receive?
MariettaO [177]
Divide the amount to distribute by the number cf shares.

$15,000.00 / 150shares = $100/shate

Abswer: option a.
5 0
4 years ago
If aggregate demand shifts left, then in the short run a. the price level rises and real GDP falls. b. the price level falls and
UkoKoshka [18]

Answer:

the correct answer is

The price and the real GDP both fall

3 0
3 years ago
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