Answer:
$929,404.15 (approx)
Explanation:
The dollar amount actually earned by Solartech after exchanging yen for U.S. dollars :-
= Price ÷ One dollar bought
= 143,500,000 ÷ $154.40 yen
= 143,500,000 ÷ $154.40 yen
= $929,404.15 (approx)
Therefore for computing the dollar amount actually earned by Solartech after exchanging yen for U.S. dollars, we simply divide price by one dollar bought.
Answer: The Southern Corporation manufactures a single product and has the following cost structure:
Explanation:
Fixed costs per year: Production$98,770 Selling and administrative$86,920 Last year, 5,810 units were produced and 5,610 units were sold. There was no beginning inventory. The carrying value on the balance sheet of the ending inventory of finished goods under variable costing would be:
Answer:
Explanation:
Debit cards typically pull funds from a checking account, while credit cards charge purchases using a line of credit. With a debit card, you're spending money from your own funds. Use a credit card and you're borrowing the money and eventually will have to pay it back to the card issuer, perhaps including interest.
Answer:
Martin Luther King Jr. believed that in order for an integration movement to be successful, it had to be:
- organized in a militant manner: members must be vigorously active supporting the cause
- the movement must have a mass character: must include everyone, not just some selected individuals
- the movement must reject (repudiate) violence
If a movement doesn't embrace peace, then it will generate conflict and violence. If the members are passive, there ideals will not be noticed. If the movement does not include everyone, then it will create more segregation.
Explanation:
At equilibrium demand price=supply price
Therefore consumer surplus is 15 units.