answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ExtremeBDS [4]
2 years ago
12

Solartech Corporation, a U.S. exporter, sold a solar heating station to a Japanese customer at a price of 143.5 million yen, whe

n the exchange rate was 140 yen per dollar. In order to close the sale, Solartech agreed to make the bill payable in yen, thus agreeing to take on exchange rate risk for the transaction. The terms were net 6 months. If the yen fell against the dollar such that one dollar would buy 154.4 yen when the invoice was paid, what dollar amount would Solartech actually receive after it exchanged yen for U.S. dollars? (Hint: You are converting Yen to U.S. dollar based on the current value of Yen to one U.S. dollar) Select one: a. $1,000,000 b. $1,025,000 c. $1,075,958 d. $ 929,404 e. $ 975,610
Business
1 answer:
Ulleksa [173]2 years ago
3 0

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.

You might be interested in
Explain the five steps of the theory of constraints (TOC) process. To what processes might the company in the case study apply T
irga5000 [103]

Explanation:

The theory of constraints (TOC) is a theory whose objective is to identify the most limiting constraint related to a systemic organizational process, that is, to identify the bottleneck that prevents an organization from carrying out its activities effectively and consequently achieving its objectives.

The steps are:

1- Identify: The first step is to identify the most limiting current constraint in the organization.

2- Exploit: In the exploit stage, it means making improvements with the resources available in the identified constraint.

3- Subordinate: In this stage, the review of other organizational activities that may interfere with the identified constraint is carried out, to identify whether there is how to make improvements in the subordinate activities that can guarantee the reduction of the constraint.

4- Elevate: In this stage, actions are implemented to eliminate the constraint if it has not yet been eliminated.

5- Repeat: In the last step, each step of the cycle is monitored so that there is continuous improvement in the elimination of the current constraint or a new constraint, so that the processes are constantly optimized.

TOC is effective in companies that use systemic production processes, as in a manufacture for example, whose stages of the production process are subordinate and one interferes in the quality of the other, which can interfere in the process as a whole.

The theory of constraint offers the continuous improvement of all processes and the elimination of current restrictions and the better identification of possible new restrictions, as well as the best use of organizational resources, which generates for the company greater profitability, less waste and less time delivery, improving the entire organizational process.

6 0
2 years ago
Narrative 1: Freshplace Grocery At Freshplace Grocery, customers give their purchases to a sales clerk along with cash. The sale
lions [1.4K]

Answer:

See the attaches file for the DFD

Explanation:

A data flow diagram (DFD) is a graphical representation of the flow of information through a system or an organisation. An information can well be represented using a data flow diagram.

See the attached file for the DFD

7 0
2 years ago
What professional organization has developed and published a data quality management tool that defines a specific set of charact
-Dominant- [34]
I think it is b but I guess
7 0
2 years ago
Read 2 more answers
On January 1, 2019, Lynch Company acquired 13% bonds with a face value of $50,000. The bonds pay interest on June 30 and Decembe
My name is Ann [436]

Answer:

1) CR Cash/Bank $51,229.35 , DR Bonds Receivable Account $50,000 and DR Premium on Bond Payable Account.

(2) Please see attached for Investment Interest Income Amortization Schedule

(3) Recording of Interest Received

June 30, 2019

CR Income statement (Interest Received) -$3,000, CR Premium on Bond Receivable $250

December 31, 2021

CR Income Statement (Interest Received) -$2915.44

Explanation:

(1) CR Cash/Bank $51,229.35 , DR Bonds Receivable Account $50,000 and DR Premium on Bond Payable Account.

(2) Please see attached for Investment Interest Income Amortization Schedule

(3) Recording of Interest Received

June 30, 2019

CR Income statement (Interest Received) -$3,000, CR Premium on Bond Receivable $250

December 31, 2021

CR Income Statement (Interest Received) -$2915.44

Download xlsx
5 0
2 years ago
Brad needs help repaying the loan he got to pursue a graduate program in a top-ranking university. If Brad opts for a work-study
Charra [1.4K]

Answer:part time, federal work study program

3 0
2 years ago
Read 2 more answers
Other questions:
  • Mario and luigi want to open up a pizza place. they have determined that the rent will cost them $2,000 per month and administra
    9·1 answer
  • For whom were the first ready-to-wear suits made in America?
    12·1 answer
  • Help Please!!!!Jamir has decided that he needs a new car. He has found the model and color he wants for a purchase price of $25,
    12·2 answers
  • What will most likely happen if a toy supplier sets a price too low for a product?
    8·2 answers
  • A year ago, MC Hammer Company had inventory in Britain valued at 240,000 pounds. The exchange rate for dollars to pounds was 1£
    10·1 answer
  • Apple is an established firm that encourages and emphasizes entrepreneurial behavior throughout its various divisions. Apple pra
    10·1 answer
  • Mary's company trained her to perform managerial functions, formulate innovative strategies, and also solve technical issues. Gi
    15·1 answer
  • Jane has just been appointed as purchasing manager of Tacoma Technologies Corp. The previous purchasing manager, who recently re
    5·1 answer
  • A business initially sells their product to customers for $50. They find that many people are buying their product so they rise
    8·1 answer
  • Résumé search programs often search for _____. a. nouns b. verbs c. adjectives d. participles
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!