You have just landed in Paris with $750 in your wallet. At the foreign exchange booth, you see that euros are being quoted at $1.34/€. How many euros can you exchange for your $750?
A) 1,005 euros
B) 559.70 euros
C) 750.00 euros
D) 179.56 euros
Answer: B
You might also like to view...
The amount of cash provided from operating activities is ______________________ under both the direct and indirect methods
Fill in the blank(s) with correct word
A company had net sales of $530,000, total sales of $680,000, and an average accounts receivable of $83,500. Its accounts receivable turnover equals:
A. 6.35 B. 0.78 C. 0.12 D. 8.14 E. 0.16
Layman, Inc., has just completed job nos. 78 and 79, which were similar in terms of complexity, production processes, and units manufactured. Job no. 78 was manufactured by Joe Bingham who earns $14 per hour, whereas job no. 79 was completed by Susan Fortner who earns $20 per hour. If Joe and Susan are equally efficient, would the company be better off using direct labor cost or direct labor hours as the cost driver in its predetermined overhead rate? Briefly explain.
What will be an ideal response?
Leaders such as Philip Diehl, director of the U.S. Mint, have made ________ one of their key activities.
a. quality control b. providing a vision c. leading d. communicating