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2 years ago

Using the world bank index how many us dollars would buy the same amount of rupees as 862800

1 answer:

5 0

With the current exchange rate provided by the word bank, 1 US dollar would be the equivalent of 64.43 Indian Rupees or INR. By knowing this exchange rate, you can simply divide the given amount which is 862,800 Indian Rupees by 64.43 INR. After dividing the two amounts, you will probably have 13,391.28 as your answer. There are a lot of ways in the digital age to convert currencies right now. However, when you exchange your money in exchange centers,do not expect to have the same amount you just calculated since you will be paying for a few taxes and service fees.

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Sanchez Corporation Selected Financial Information 12/31/18 12/31/17 Cash$20,000 $25,000 Accounts receivable (net) 100,000 110,0

guajiro [1.7K]

Answer:

The current ration for 2018 will be "1.55".

Explanation:

The given values are:

The total current assets of 2018 is:

= $310,000

The total current liabilities of 2018 is:

= $200,000

Now,

The current ratio of 2018 will be:

= $\frac{The total \ current \ assets \ of \ 2018}{The \ total \ current \ liabilities \ of \ 2018}$

On substituting the estimated values in the above formula, we get

= $\frac{310,000}{200,000}$

= $1.55$

8 0

2 years ago

Western Electric has 34,000 shares of common stock outstanding at a price per share of $83 and a rate of return of 12.80 percent

grin007 [14]

Answer:

11.03 %

Explanation:

Cost of Capital = Cost of equity x Weight of Equity + Cost of Preferred Stock x Weight of Preferred Stock + Cost of Debt x Weight of Debt.

where,

Cost of equity = 12.80 %

Cost of Preferred Stock = 8.20 %

Cost of Debt = 8.20 x (1 - 0.40) = 4.92 %

also,

Total Market Value = 34,000 x $83 + 7,500 x $97.00 + $416,000 x 113%

= $2,822,000 + $727,500 + $470,080

= $4,019,580

Weight of Equity = $2,822,000 ÷ $4,019,580 = 0.70

Weight of Preferred Stock = $727,500 ÷ $4,019,580 = 0.18

Weight of Debt = $470,080 ÷ $4,019,580 = 0.12

therefore,

Cost of Capital = 12.80 % x 0.70 + 8.20 % x 0.18 + 4.92 % x 0.12

= 11.03 %

3 0

2 years ago

Four finalists have been selected for a job as a travel agent. Which candidate will most likely get the job?

Svetllana [295]

Answer:

Explanation:

5 0

2 years ago

You write a call option on Google. The current price of one share of Google is $400, the option strike price is $410, and the op

Vlad1618 [11]

Answer: E) A and C

Explanation:

A Call option is an option to buy a security at a certain price in future. The option is only exercised if the market price of the security is higher than the option price of the security. When this happens the Call is said to be <em>in the money. </em>On expiration day, the price of Google is $425 which is higher than the option price of $410 so the Call is in the money. Option A is correct.

The option premium is the amount paid for the option contract and so is an expense. Payoff is calculated as;

= Market Value - (Option Price + Option premium)

= 425 - ( 410 + 5)

= $10

Option C is correct as well.

3 0

2 years ago

Mo has a credit card that gives a 3% discount on every purchase. The annual percentage rate on the card is 12%. He is purchasing

Luden [163]

Answer:

If Mo pays cash, the cost of the purchase will be $140.

If Mo uses the credit card and pays the full balance during the billing cycle, the cost of the purchase will be $135.80.

Explanation:

If Mo pays cash, it implies that she does not get the 3% discount she is entitled to, with the use of her credit card. Therefore, she will bear the full cost. However, if she uses the credit card, the discount is $4.20 ($1540 * 97%) and she will pay only $135.80 as the discounted price of the electronic reader.

5 0

2 years ago

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