I think I have the first part. But I need help with 2 and 3. Could...
I think I have the first part. But I need help with 2 and 3. Could you please assist?
1. Foreign Exchange
|
On April 2, American company sold goods to British customer for 200,000 Pounds sterling. Exchange rates to the pound are listed below. |
|||||
|
2-Apr |
$1.60 |
Sale |
|||
|
30-Jun |
$1.56 |
F/S prep. |
|||
|
10-Jul |
$1.57 |
Payment |
|||
Prepare all entries and show the F/S on June 30.
Homework Answers
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I think I have the first part. But I need help with 2 and 3.
Could...
2. Foreign exchange rate quotations An exchange rate is the price of one country’s currency expressed...
2. Foreign exchange rate quotations An exchange rate is the price of one country’s currency expressed in another country’s currency. 1. Suppose an American investor is given the current exchange rates in the following table. The listed quotations are _1.__(direct/ Indirect)___ quotations stated in American terms. Exchange Rate British pound (£) $1.8790 / pound Euro (€ ) $1.3210 / euro Australian dollar (AU$) $0.8970 / Australian dollar 2.Given these rates, an Australian dollar can purchase__2.(__)___ British pounds. 3. Green...
2. Foreign exchange rate quotations Aa Aa An exchange rate is the price of one country's...
2. Foreign exchange rate quotations Aa Aa An exchange rate is the price of one country's currency expressed in another country's currency Suppose an American investor is given the current exchange rates in the following table. The listed quotations are direct quotations stated in American terms British pound (E) Euro () Australian dollar (AUS) $0.8970 Australian dollar Exchange Rate $1.9760 / pound 1.3210 euro Given these rates, an Australian dollar can purchase British pounds Purple Whale Foodstuffs Inc. is a...
I he tollowing are the toreign currency positions of an H, expressed in the foreign currency Currency Swiss fran...
I he tollowing are the toreign currency positions of an H, expressed in the foreign currency Currency Swiss franc (Sf) British pound (6) Japanese yen () Assets Liabilities 51,000 EX Bought FX Sold Sf 127,500 38,168 7,869, 885 Sf Sf 10,200 11, 450 Y1, 259, 181 15,300 15,267 Y9, 233, 998 16,794 Y3,147,954 The exchange rate of dollars for Sf is 1.02, of dollars for British pound is 1.31, and of dollars for yen is 0.00953. The following are the...
P13-11 Importing and Exporting Transactions; Hedges of Exposed Foreign Currency Asset and Lia- bility Positions; Identifiable...
P13-11 Importing and Exporting Transactions; Hedges of Exposed Foreign Currency Asset and Lia- bility Positions; Identifiable Foreign Currency Commitment; Speculative Forward Exchange Contract; Intervening Balance Sheet Date Reynolds Corporation has extensive dealings with foreign suppliers and buyers. During the first six months of the fiscal year 19X5, Reynolds reported the following foreign transactions, all of which are denominated in the local currency of the respec- tive foreign firm. Reynolds prepares financial statements on June 30 and December 31 of each...
I need the answer to #2 listed above. This is the code I have come up...
I need the answer to #2 listed above. This is the code I have
come up with, and it is wrong. I am new to this and need help.
group by sust.cida Q2 (7 Points) Show customer id (CID) for customers who have spent 30,000 or more with the company in 2019. Money is considered "spent" when the entire work order is completed as recorded in workorder.completionDate. (Correct query will find customer 2). Use ONE SQL statement. select workarder.id from...
I REALLY need help with PART 2 I have finished part 1 and on to Part...
I REALLY need help with PART 2 I have finished part 1 and on to Part 2 . If anyone one could help Thank you Part 1 Dec. 01 2019 Miller Delivery Service Inc began operations by receiving $20,000 cash and a truck with a fair market value of $20,000, salvage value of 2,000, and a 5 year Useful life from Robert Miller. The business issued miller 30,000 shares of the $1 Par common stock in exchange for this contribution....
I need help with question 2, the first part is just for context. thanks IceKreme Inc....
I need help with question 2, the first part is just for context.
thanks
IceKreme Inc. makes ice cream machines for sale to ice cream parlours. The following events occurred between April 1 and June 30, 2017: April 10: Received an order from Peter's Appliances, a wholesaler, for 14 machines. April 30: Sold 21 machines to Yuri Inc. on credit. May 1: The purchasing manager of Peter's Appliances visited IceKreme's factory and purchased 17 machines on credit, instead of the...
I need help I want to make sure I going in right Direction The cash account...
I need help I want to make sure I going in right Direction
The cash account for American Medical Co.at April 30 indicated a balance of $84.457. The bank statement indicated a balance of $127,190 on April 30. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items: A. Checks outstanding totaled $33,310. B. A deposit of $17,610, representing receipts of April 30, had been made too late to appear on...
Matlab fprintf help This is the question: I have already done part a, I need help...
Matlab fprintf help
This is the question:
I have already done part a, I need help with part b.
This is my current code:
% array of Pounds to convert to Kilograms
weight_pound = [50.543 65.676 75.343 80.937]
% for Loop that calls from the array weight_pounds
for index=1:4
%Convert weight from Pounds to Kilograms
weight_kg = weight_pound*0.453592
%Print out the conversion
% ‘%5.2f’ for 2 decimals for Kilograms
% ’%5.0f’ for no decimals in pounds
fprintf(‘%5.2f kg...
These are wrong. I need help please. Thank you. View previous attempt Barlow Company manufactures three...
These are wrong. I need help please. Thank you.
View previous attempt Barlow Company manufactures three products-A, B, and C. The selling price, variable costs, and contribution margin for one unit of each product follow: Product $180 $270 $240 98 Selling price Variable expenses: Direct materials Other variable expenses Total variable expenses Contribution margin Contribution margin ratio $100 30% 37% The same raw material is used in all three products. Barlow Company has only 6.000 pounds of raw material on...
2. Foreign exchange rate quotations Aa Aa An exchange rate is the price of one country's currency expressed in another country's currency Suppose an American investor is given the current exchange rates in the following table. The listed quotations are direct quotations stated in American terms British pound (E) Euro () Australian dollar (AUS) $0.8970 Australian dollar Exchange Rate $1.9760 / pound 1.3210 euro Given these rates, an Australian dollar can purchase British pounds Purple Whale Foodstuffs Inc. is a...
I he tollowing are the toreign currency positions of an H, expressed in the foreign currency Currency Swiss franc (Sf) British pound (6) Japanese yen () Assets Liabilities 51,000 EX Bought FX Sold Sf 127,500 38,168 7,869, 885 Sf Sf 10,200 11, 450 Y1, 259, 181 15,300 15,267 Y9, 233, 998 16,794 Y3,147,954 The exchange rate of dollars for Sf is 1.02, of dollars for British pound is 1.31, and of dollars for yen is 0.00953. The following are the...
P13-11 Importing and Exporting Transactions; Hedges of Exposed Foreign Currency Asset and Lia- bility Positions; Identifiable Foreign Currency Commitment; Speculative Forward Exchange Contract; Intervening Balance Sheet Date Reynolds Corporation has extensive dealings with foreign suppliers and buyers. During the first six months of the fiscal year 19X5, Reynolds reported the following foreign transactions, all of which are denominated in the local currency of the respec- tive foreign firm. Reynolds prepares financial statements on June 30 and December 31 of each...
I need the answer to #2 listed above. This is the code I have
come up with, and it is wrong. I am new to this and need help.
group by sust.cida Q2 (7 Points) Show customer id (CID) for customers who have spent 30,000 or more with the company in 2019. Money is considered "spent" when the entire work order is completed as recorded in workorder.completionDate. (Correct query will find customer 2). Use ONE SQL statement. select workarder.id from...
I need help with question 2, the first part is just for context.
thanks
IceKreme Inc. makes ice cream machines for sale to ice cream parlours. The following events occurred between April 1 and June 30, 2017: April 10: Received an order from Peter's Appliances, a wholesaler, for 14 machines. April 30: Sold 21 machines to Yuri Inc. on credit. May 1: The purchasing manager of Peter's Appliances visited IceKreme's factory and purchased 17 machines on credit, instead of the...
I need help I want to make sure I going in right Direction
The cash account for American Medical Co.at April 30 indicated a balance of $84.457. The bank statement indicated a balance of $127,190 on April 30. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items: A. Checks outstanding totaled $33,310. B. A deposit of $17,610, representing receipts of April 30, had been made too late to appear on...
Matlab fprintf help
This is the question:
I have already done part a, I need help with part b.
This is my current code:
% array of Pounds to convert to Kilograms
weight_pound = [50.543 65.676 75.343 80.937]
% for Loop that calls from the array weight_pounds
for index=1:4
%Convert weight from Pounds to Kilograms
weight_kg = weight_pound*0.453592
%Print out the conversion
% ‘%5.2f’ for 2 decimals for Kilograms
% ’%5.0f’ for no decimals in pounds
fprintf(‘%5.2f kg...
These are wrong. I need help please. Thank you.
View previous attempt Barlow Company manufactures three products-A, B, and C. The selling price, variable costs, and contribution margin for one unit of each product follow: Product $180 $270 $240 98 Selling price Variable expenses: Direct materials Other variable expenses Total variable expenses Contribution margin Contribution margin ratio $100 30% 37% The same raw material is used in all three products. Barlow Company has only 6.000 pounds of raw material on...
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