Sheridan companyproduces flash drives for computers, which it sells for $20 each. each flash drive requires $16 of variable costs to make. during april, 1000 drives were sold. fixed costs for april were $1000. how much is the contribution margin ratio? 80% 10% 90% 20%

Suppose a starbucks tall latte cost $4.00 in the united states, 5.00 euros in the euro area and $2.50 australian dollars in australia. nominal exchange rates are .80 euros per dollar and 1.4 australian dollars per u.s. dollar. where does purchasing power parity hold? a. both the euro area and australia. b. neither the euro area or australia. c. the euro area but not australia. d. australia but not the euro area.