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
Answer:
Correct option is E.
<u>14 pesos per dollar</u>
Explanation:
The exchange rate between Mexican pesos and dollars was 13.5 pesos per dollar.
According to the relative Purchasing Power Parity (PPP), the exchange rate was in equilibrium. But now,
Mexican inflation = 10%
U.S inflation = 3%
Now the Mexican peso is overvalued by = 10% - 3% = 7%
So, the possible increase in exchange rate (of pesos per dollar) considered with this assertion is = Exchange rate of pesos per dollar * Inflation rate
= 13.5 * 7%
= 13.5 * 7/100
= 0.945
The possible in exchange rate = Previous Exchange rate + Increase in exchange rate
= 13.5 + 0.945
= 14.445
= 14.4 (rounding off)
=14
Answer:
c. be partially met
Explanation:
Business ethics obligations is what a firm ought to do, course of action is defined and draws a line between right and wrong.
A business has an ethical obligation to make profit for its owners and also to give back to society by supporting other busines growth.
Invested Capital Corporation is fulfilling its obligations to society by providing other firms with funds to expand their operations. Their business ethics obligation is partially met because they are not also focusing on their own productivity.
Michelle doesn't have to see $90 worth a movie a month, and she could mostly cut that one out, if not completely. She could also see if she is able to lower her internet and/or television bill by downgrading plans.
