Suppose a U.S. importer purchases an Italian product today but will not pay for it for 90 days. The cost of the product today is 85,000 euros. The spot exchange rate today is .7559 euros per dollar. How much is the cost today in dollars?
A) $64,252
B) $65,683
C) $58,062
D) $56,153
A
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The marketing plan, the central instrument for directing and coordinating the marketing effort of a company, operates at the ________ levels
A) functional and operational B) strategic and tactical C) corporate and operational D) customer and expenditure E) corporate and division
A statistical technique for examining the differences among means for two or more populations is called ________
A) chi-square B) analysis of variance (ANOVA) C) cross-tabulation D) independent samples t test
A flexible budget is most useful
a. for budgeting and planning purposes. b. when actual output equals budgeted output. c. as a cost control tool to help evaluate performance. d. when a product's cost structure includes variable costs only.
One component of net pension expense, unrecognized gains and losses, comes from which of the following sources?
a. Difference between expected and actual prior service and transition costs only b. Difference between expected and actual return on plan assets only c. Projected benefit obligation changes due to changes in pension assumptions only d. Projected benefit obligation changes due to changes in pension assumptions only, and the difference between expected and actual return on plan assets