Question 14 (1 point) A nice private pay nursing home in Estonia may be contracted for...
Question 14 (1 point) A nice private pay nursing home in Estonia may be contracted for 1,400 Euros per month. US private pay nursing homes cost 4,500 per month. The number of Euros per dollar is 1.0 According to PPP what should a nursing home similar to the one in Estonia cost in the USA in dollars? Your Answer:
Answer Question 15 (1 point) Anderson Manufacturing has current assets of $150 million, current liabilities of $95, inventory of $90, and cash of $5. What is Anderson's Quick Ratio?
Homework Answers
14). $/Euro = 1 / [Euro/$] = 1 / 1 = $1 / Euro
Cost in US $ = Nominal Cost in Euro * Exchange Rate[$/Euro]
= 1,400 euros * [$1 / Euro] = $1,400
15). Quick Ratio = [Current Assets - Inventory] / Current Liabilities
= [150 - 90] / 95 = 60 / 95 = 0.63
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Question 14 (1 point) A nice private pay nursing home in Estonia
may be contracted for...
Question 4 (1 point) Use the following information about Rat Race Home Security, Inc. to answer...
Question 4 (1 point) Use the following information about Rat Race Home Security, Inc. to answer the questions: Average selling price per unit $326. Variable cost per unit $187 Units sold 383 Fixed costs $9,838 Interest expense 18,926 Based on the data above, what will be the resulting percentage change in eamings per share of Rat Race Home Security, Inc. if they expect operating profit to change -3.8 percent? (You should calculate the degree of financial leverage first) (Write the...
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Question 4 (1 point) Use the following information about Rat Race Home Security, Inc. to answer the questions: Average selling price per unit $326. Variable cost per unit $187 Units sold 383 Fixed costs $9,838 Interest expense 18,926 Based on the data above, what will be the resulting percentage change in eamings per share of Rat Race Home Security, Inc. if they expect operating profit to change -3.8 percent? (You should calculate the degree of financial leverage first) (Write the...
please do all
Question Help common P7-65A (similar to) Home Sewing Company is currently seling 3,600 oversized bean bag chairs a month at a price of $80 per chair. The variable cost of each chair sold includes $35 to purchase the bean bag chains from suppliers and a costs are $5,000 per month. The company is considering making several operwtional changes and wants to know how the charge will impact its operating income Read the resuirements Operating income (0) Operating...
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Need answer for question 4 please which is circled
k-even contrirgin, break-even point in sales dollars anvl m of the 1. The following data pertain to the operating budest of Jomes Tens Manufacturing Sales Fixed cost Total variable cou $1 020 000 $160000 581 400 Total cow 741 400 2. Furry Friends Food Sales anufacturing has compiled the following otimates for operations Fixed cost $765 000 $152 100 497 250 Total variable cost Total cost Net incone 619 35 3....
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