Business, 20.08.2019 00:10 levicorey846

On june 19, don co., a u. s. company, sold and delivered merchandise on a 30-day account to cologne gmbh, a german corporation, for 200,000 euros. on july 19, cologne paid don in full. relevant currency rates were: june 19 july 19spot rate $0.988 $0.99530-day forward rate 0.990 1.000what amount should don record on june 19 as an account receivable for its sale to cologne? a. $197,600b. $198,000c. $199,000d. $200,000

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Answer from: stevenabdullatif16

The $197,600 is the amount which should Don record on June 19 as an account receivable for its sale to Cologne

Explanation:

Spot rate: The spot rate is that rate which is levied immediately while doing the transaction.

Forward rate: The forward rate is that rate which is not yet decided and will decide in the future.

For computing the amount which don should record on June 19 as an account receivable for its sale to Cologne, the formula is to be used which is shown below:

= Account receivable balance × June 19 Spot rate

= 200,000 euros × $0.988

= $197,600

Since in the question they ask for June 19 for the sale amount. So, we use the spot rate instead of forwarding rate because the transaction is done in the present. Thus, the forward rate is ignored.

Hence, the $197,600 is the amount which should Don record on June 19 as an account receivable for its sale to Cologne

Answer from: Quest

bd = 9 cm

step-by-step explanation:

in a 30°-60°-90° triangle, the ratio of side lengths is 1 : √3 : 2. that is, the longest side (hypotenuse) is twice the length of the shortest side.

all of the triangles in your geometry are 30°-60°-90° triangles. ac is the hypotenuse of δacd, and the short side of δabc.

the short side ad of δacd will be half the length of ac, so 3 cm. the hypotenuse ab of δabc will be twice the length of ac, so 12 cm. segment bd is the difference of the lengths ab and ad, so is

bd = ab -ad

bd = 12 cm - 3 cm = 9 cm

comment on side length ratios

you can figure the ratios of side lengths in a 30°-60°-90° triangle by considering the trig ratios of the angles. or you can figure the length of the altitude of an equilateral triangle of side length 2 using the pythagorean theorem.

Answer from: Quest

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