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jekas [21]
2 years ago
5

An​ on-line ticket site was recently offering tickets for a soccer match between Manchester United and Fulham at a price of poun

d129. At the​ time, the nominal exchange rate was pound0.618 ​= $1. How much did the tickets cost in​ dollars?
Business
1 answer:
dusya [7]2 years ago
3 0

Answer:

The tickets cost $208.74

Explanation:

The exchange rate is an indirect quotation from the dollar's perspective if dollar is considered to be the domestic currency.

We know that $1 =  0.618 pound

If the price of the ticked is 129 pounds, to convert it to dollars, we need to divide the pound amount by the exchange rate of dollar to pound.

Thus, 129 pounds in dollar are,

129 / 0.618 = $208.7378 rounded off to $208.74

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vovangra [49]
D. Graphic designer is the answer
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2 years ago
Coolers Inc., a house appliances manufacturer, has upgraded its technology by making all its appliances work on voice sensors in
Margaret [11]

Answer: The correct answer is "3. platform project".

Explanation: This project is a platform project for Coolers Inc. because the change of voice sensors instead of remote controls or manual operations represents a change of platform for their products in which they have improved their technology.

6 0
2 years ago
Jack Simpson, contract negotiator for Nebula Airframe Company, is currently involved in bidding on a follow-up government contra
Sergeeva-Olga [200]

Answer: 5,882.5‬ hours

Explanation:

Cumulative Labor Hours to be planned for = Cumulative factor * Time of first unit

Cumulative Factor = Average learning rate for Number of units.

Learning rate from unit 1 to 2 = Labor hours required for 2nd unit / Labor Units required for 1st unit

= 2,250/2,500

= 0.9

Learning rate from unit 2 to 3 = Labor hours required for 3rd unit / Labor Units required for 2nd unit

= 2,120/2,250

= 0.94

Average learning rate = (0.9 + 0.94) / 2

= 0.9

= 90%

There are 6 units in total including the first units checked and the additional 3 units.

Cumulative factor for 6 units at 90% from the table is 5.101.

Cumulative labor hours = 5.101 * 2,500

= 12,752.5‬ hours

The time for the Addiotnal 3 units is;

= Cumulative time for all units - time for the first 3 units

= 12,752.5 - 2,500 - 2,250 - 2,120

= 5,882.5‬ hours

6 0
1 year ago
Using the Chipotle example we have discussed in class imagine that all employees are paid $15/hour, the grill costs $300, and ea
Lelechka [254]

Answer:

The correct answer will be "$620".

Explanation:

It is important to note that certain principles are involved in the process of streamlining business processes, including:

  • Interpersonal skills of the organizational leaders.
  • Client focus entirely, defined objectives, accuracy, and so on., are encouraged.

The lowest cost will be:

= (15\times 8)+300+200

= 120+300+200

= 620 ($)

5 0
1 year ago
Valley Spa purchased $11,700 in plumbing components from Tubman Co. Valley Spa signed a 60-day, 14% promissory note for $11,700.
Charra [1.4K]

Answer:

Given that,

Value of promissory note = $11,700

Time period = 60 days

Interest rate = 14%

Interest revenue:

= Note value × Interest rate × Time period

= $11,700 × 0.14 × (60/360)

= $273

Therefore, the journal entry is as follows:

Accounts receivable A/c Dr. $11,973

          To Interest revenue                  $273

          To Notes receivable                 $11,700

(To record the dishonored note)

6 0
2 years ago
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