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2 years ago

The exchange rate for the yuan is quoted at 6.58 to the us$ if this changes to 6.25 yuan, what would be the change in price

1 answer:

4 0

In order to obtain the change in price, the local price of the yuan must be known. Next is to take the difference of the reciprocal of the two prices, then multiply it to the local price. The solution is: change in price = 275 (1/ 6.58 - 1/6.25) therefore, the change in price is equal to $2.21

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Use what you have learned about risk and return to complete these sentences.

vfiekz [6]

Answer:

To minimize risk, investors should investigate the market and diversify its portfolio.

Interest that builds on the principle and the interest already gained is compound interest

Money invested in a CD always have a fixed rate of return and is less risky than money used to purchase a home.

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2 years ago

Read 3 more answers

The Quarter Burger is a hamburger sold by the international fast-food chain Sammy's Burgers. It was given the name because it co

timama [110]

Sammy's quarter-pound burger is positioned by: price-quality

<u>Explanation:</u>

The price-quality way of positioning practices the similarity within price and quality before-mentioned that it optimally values a commodity according to the feature of the commodity to retain the commodity hovering in the customer's perception. Pricing does not necessitate to be huge for more leading positioning.

Marketers frequently do price/ quality properties to locate their trademarks. Although the price is an essential factor, the commodity quality must be tantamount to, or indeed more reliable than, fighting trademarks for the positioning strategy to be active.

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2 years ago

Pitt Enterprises manufactures jeans. All materials are introduced at the beginning of the manufacturing process in the Cutting D

andreyandreev [35.5K]

Answer:

(E) 225,000; 195,000

Explanation:

Provided information,

Method used = FIFO

Provided units in opening as well as closing are 100% complete with respect to materials.

Opening = 50,000 units for $70,500 which were 100% complete with respect to material

During the month = 225,000 units for $342,000

Since both are 100 % complete for materials

Equivalent units for materials for the month = 225,000 = 225,000 units

Provided for conversion cost

Opening = 50,000 which is 40% complete, that means 60% was not complete which is completed during the month

= 50,000 $\times$ 60 % = 30,000 units during the month

225,000 units newly added this month out of which 150,000 units are completed

Remaining 75,000 units are 20% complete for conversion cost = 75,000 $\times$ 20% = 15,000 units completed.

Equivalent units completed during the month = 30,000 from opening + 150,000 + 15,000 = 195,000 units

Therefore correct option is

(E) 225,000; 195,000

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2 years ago

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

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

= $1.55$

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1 year ago

Some people have proposed establishing legal standards and regulations to govern safety-critical computer-based systems.

Vesnalui [34]

Answer: A) Give and explain counter-arguments against the arguments for each side.Note: the "counter-arguments" you are asked to give should oppose or answer the arguments on the other side as directly and convincingly as possible. They should not be simply unrelated arguments on the opposite side of the issue.

Explanation: When is talking about security is important to have different views, firstable you need to establish which are going to be your claims, premises or arguments, once you got it is important to search for information which can support your ideas, and once you have found it, counter-arguments are necessary to understand which are your weakest point, you need to know your counter-arguments and how people are likely to attack you, once you know the weak part of your speech you can defend it.

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2 years ago