subject
Business, 05.05.2020 06:38 chantelljenkins2

Let’s suppose you (USA dealer) imported a product from German on Dec 1, 2018 at € 300, payable in 60 days. You sold the product in the US market at $400 in cash on Dec 15, 2018. The company's fiscal year ends on Dec 31. You paid to your German supplier on Feb 1, 2019. Below, please find the exchange rate information: Dec 1, 2018: 1.5 €/$.. Dec 31, 2018: 2.0 €/$. Feb 1, 2019: 3.0 €/$. What was gross profit for 2018 and 2019, respectively? Group of answer choices $150, $0 $300, $0 $200, $0 $250, $50

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 13:50
When used-car dealers signal the quality of a used car with a warranty, a. buyers believe the signal because the cost of a false signal is high b. it is not rational to believe the signal because some used-car dealers are crooked c. the demand for lemons is eliminated d. the price of a lemon rises above the price of a good used car because warranty costs on lemons are greater than warranty costs on good used cars
Answers: 2
question
Business, 22.06.2019 20:40
If the ceo of a large, diversified, firm were filling out a fitness report on a division manager (i.e., "grading" the manager), which of the following situations would be likely to cause the manager to receive a better grade? in all cases, assume that other things are held constant.a. the division's basic earning power ratio is above the average of other firms in its industry.b. the division's total assets turnover ratio is below the average for other firms in its industry.c. the division's debt ratio is above the average for other firms in the industry.d. the division's inventory turnover is 6, whereas the average for its competitors is 8.e. the division's dso (days' sales outstanding) is 40, whereas the average for its competitors is 30.
Answers: 1
question
Business, 23.06.2019 09:30
Which of the following describes an executive information system (eis)
Answers: 2
question
Business, 23.06.2019 11:00
Jessica thinks that everyone would be better off if financial institutions stopped issuing credit. which statement accurately supports her argument? people would pay less in interest fees. people would have greater protection in case of emergencies. people would need to save for many years to buy a home or open a business. people would support the economy through purchases of more goods and services.
Answers: 1
You know the right answer?
Let’s suppose you (USA dealer) imported a product from German on Dec 1, 2018 at € 300, payable in 60...
Questions
question
Biology, 15.01.2021 23:30
question
Chemistry, 15.01.2021 23:30
question
Mathematics, 15.01.2021 23:30
question
Social Studies, 15.01.2021 23:30
Questions on the website: 13722367