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VMariaS [17]
2 years ago
9

Here is some pricing information for a pair of jeans from different countries. Country Price of a pair of jeans Actual Exchange

Rate Israel 188 shekels 4.79 shekels/$ Indonesia 300,000 rupiah 9,430 rupiah/$ Mexico 530 pesos 13.3 pesos /$ For each country, compute the predicted exchange rate of the local currency per U.S. dollar. (Assume U.S. price of a pair of jean is $40). Which country (or countries) does the purchase power parity hold?
Business
1 answer:
il63 [147K]2 years ago
3 0

Answer:

Israel and Mexico

Explanation:

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Rice and potatoes are substitutes in consumption. If the price of rice rises and there is a bumper crop of potatoes, in the mark
soldi70 [24.7K]

Answer:

a) equilibrium price to rise, fall, or stay the same and equilibrium quantity to rise.

Explanation:

Substitute goods are goods that can be used in place of each other.

If the price of rice rises, consumers shift to the consumption of potatoes. Price and quantity demanded of potatoes increases

The bumper harvest increases supply of potatoes. Price falls and quantity increases.

The effect on equilibrium quantity of potatoes would be indeterminate but equilibrium quantity would rise.

I hope my answer helps you

4 0
2 years ago
Patrick Rach International issued 5% bonds convertible into shares of the company's common stock. Rach applies U.S. GAAP. Upon i
Ludmilka [50]

Answer:

The correct answer is letter "B": The proceeds of the bond issue entirely as debt.

Explanation:

Under the U.S. General Accepted Accounting Principles (<em>GAAP</em>) the issuance costs of bonds are ignored for reporting purposes but the amount of sales revenues is recorded as debt. The amortization of the bond can be calculated using the <em>effective interest method</em> or the <em>straight-line method</em>.

6 0
2 years ago
Johnson is appraising two parcels of property. One is leased to the government for use as a post office; the other is leased to
Arada [10]

Answer:

Lower.

Explanation:

The capitalization rate is mainly used in real estate and is a measure of the rate of return on a property, based on the net operating income it is expected to generate.

Johnson in appraising two parcels of property, leased one to the government for use as a post office while the other parcel of property, is leased to a private owner for use as a hardware store. Having the knowledge that the parcels have recently started long-term leases. The capitalization rate of the post office property used by the government as compared to the capitalization rate of the hardware store property used by the private owner will be lower.

The capitalization rate of the post office property would be lower because, real-estate investors will not expect much returns on the investment as it's a less risky investment. The post office is less likely than a hardware store to run out of business or go bankrupt by virtue of being a governmental agency or public company.

Hence, the hardware store will need a higher capitalization rate in comparison with post office property.

4 0
2 years ago
Which sentences describe points that Miguel should consider in the goal-setting process before he starts to invest?
ki77a [65]

Answer:

First, Miguel arrives at an estimate of the total returns that he wants from his investments.

Explanation:

Plato :)

4 0
2 years ago
Stimpleton Company engages in the following cash payments: Purchase equipment $ 3,600 Pay rent 600 Repay loan to the bank 5,000
Svetradugi [14.3K]

Answer:

$1,100

Explanation:

The operating activities are the activities that are include day to day transaction which would result in cash receipts and the cash payments

The cash receipts would be in terms of received cash from customers and the cash payments would be salary expenses, utilities expenses, etc that are paid in cash.

So, the total amount of cash paid for operating activities is

= Rent paid + workers salaries paid

= $600 + $00

= $1,100

8 0
2 years ago
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