subject
Business, 04.11.2019 23:31 gabby902

Benjamin, inc., operates an export/import business. the company has considerable dealings with companies in the country of camerrand. the denomination of all transactions with these companies is alaries (al), the camerrand currency. during 2017, benjamin acquires 23,000 widgets at a price of 8 alaries per widget. it will pay for them when it sells them. currency exchange rates for 1 al are as follows: september 1, 2017 $ 0.46 december 1, 2017 0.44 december 31, 2017 0.48 march 1, 2018 0.45 assume that benjamin acquired the widgets on december 1, 2017, and made payment on march 1, 2018. what is the effect of the exchange rate fluctuations on reported income in 2017 and in 2018? assume that benjamin acquired the widgets on september 1, 2017, and made payment on december 1, 2017. what is the effect of the exchange rate fluctuations on reported income in 2017? assume that benjamin acquired the widgets on september 1, 2017, and made payment on march 1, 2018. what is the effect of the exchange rate fluctuations on reported income in 2017 and in 2018?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:30
technology is the application of knowledge and tools to solve problems and perform tasks more efficiently. t/f
Answers: 1
question
Business, 22.06.2019 13:50
Suppose portugal has 700 workers and 26,000 units of capital, and france has 18,000 workers and 700 units of capital. technology is identical in both countries. assume that wine is the capital-intensive good and cloth is the labor-intensive good. which of the following statements is correct if the nations start trading with each other? a) wages will increase in portugal.b) rental rates in france will increase.c) wages in france will decrease.d) rental rates in portugal will increase.
Answers: 2
question
Business, 22.06.2019 22:00
Only the united states has embassies. true or false
Answers: 2
question
Business, 22.06.2019 22:30
The answer here, x=7, is not in the interval that you selected in the previous part. what is wrong with the work shown above?
Answers: 1
You know the right answer?
Benjamin, inc., operates an export/import business. the company has considerable dealings with compa...
Questions
question
Mathematics, 23.03.2021 22:30
question
Mathematics, 23.03.2021 22:30
question
Mathematics, 23.03.2021 22:30
question
SAT, 23.03.2021 22:30
Questions on the website: 13722362