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leva [86]
2 years ago
6

In 2010, a particular Japanese imported automobile sold for 1,476,000 yen or $8,200. If the car still sells for the same amount

of yen today but the current exchange rate is 144 yen per dollar, what is the car selling for today in U.S. dollars
Business
1 answer:
sleet_krkn [62]2 years ago
4 0

Answer:

$10,250

Explanation:

Given that

Automobile sold = 1,476,000 yen or $8,200

Exchange rate per dollar = 144 yen

The computation of car selling for today is given below:-

In 2010, Selling Price

= 1,476,000 ÷ $8,200

= $180 per yen

For Today, Selling Price

= 1,476,000 ÷ $10,250

= $ 144 per yen

So,

144 yen = 1 yen

= 1,476,000 ÷ 144

= $10,250

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In 2010, Roso Carlson Company had net credit sales of $750,000. On January 1, 2010, Allowance for Doubtful Accounts had a credit
kati45 [8]

Answer:

0987654 im

Explanation:

just doing this for points

3 0
2 years ago
A stock is expected to maintain a constant dividend growth rate of 4.6 percent indefinitely. If the stock has a dividend yield o
bearhunter [10]

Answer:

10.5%

Explanation:

Dividend yield=5.9%

Growth rate=4.6%

Required return on the stock=Dividend yield+growth rate

                                                =5.9%+4.6%=10.5%

6 0
2 years ago
Assume Italy and Niger can both produce grain and dates, and that the only limited resource is the farming labor force, meaning
ehidna [41]

Answer:

absolute on grain: neither, both produce 10

comparative grain: Italy as renounce to less tonds of dates: 0.5 to 2.5

absolute dates: Niger 25 to 5

comparative dates: Niger as it cost 0.4 tonds of grain to produce 1 ton of dates.

Explanation:

For the absolute, we will check which yield the better number.

Fot the comparative, we will check the opportunity cost:

<em>output/potential output of another product</em>

<em />

opp cost grain in Italy: 5/10 = 0.5 tons of dates

opp cost grain in Niger: 25/10 = 2.5 tonds of dates

opp cost dates in Italy: 10/5 = 2 tonds of grain

opp cost dates in Niger 10/25 = 0.4 tonds of grain

6 0
2 years ago
Crane Company can produce and sell only one of the following two products: Oven Contribution Hours Required Margin Per Unit Muff
Makovka662 [10]

The question is reproduced in the table below for clarity                        

                               Oven                                  Contribution

                         Hours Required                 Margin Per Unit

Muffins                        0.2                                           $4

Coffee Cakes        0.3                                        $5

Answer:

Total contribution margin = $ 60,000.00

Explanation:

<em>When a business is faced with a problem of shortage of a resource which can be used to produced more than one product type, to maximize the use of the resource , the business should allocate it for production purpose in  such a way that it maximizes the contribution per unit of the scare resource.</em>

Therefore Crane Company should alocate the oven hours to maximise the contribution per unit of oven hour. This is done as follows:

Step 1

<em>Calculate he contribution per oven hour and rank the product</em>

                                                                      cont/hr                   ranking

Muffin                        $4/0.2 hour =              20                     <em> 1st</em>

Coffee cakes                 $5/0.3 hour=        16.67                      2nd

<em>Because Muffin generates the highest contribution per hour of Oven, Crane should allocate all the resource to it</em>

Step 2

<em>Calculate the Total contribution from the production of Muffin</em>

Total contribution margin = 20 per her × 3000

                                        = $ 60,000.00

8 0
2 years ago
Read 2 more answers
There is a bond that has a quoted price of 110.547 and a par value of $2,000. The coupon rate is 7.05 percent and the bond matur
olga55 [171]

Answer:

the YTM of the bond is 127.55 %

Explanation:

The YTM of the bond is the Market return that similar Bond Holders expect from the bond.

This can be calculated using a Financial calculator as :

PV = - $ 110.547

FV =  $2,000

PMT =  $2,000 x 7.05 % x 1/2 = $70.50

N = 19 x 2 = 38

P/yr = 2

YTM = ???

Therefore, the YTM of the bond is 127.55 %

6 0
2 years ago
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