User Account

All Pages

Calculate how many canadian dollars received

Assignment Help Financial Accounting
Reference no: EM132965940

Problem 1: Jonathan's mother sent him ¥51,000 as a graduation gift and he wanted to convert the Japanese yen into Canadian dollars. If the bank was charging 0.87% commission, calculate how many Canadian dollars he received. Assume that the exchange rate was C$1 = ¥81.4615.

Reference no: EM132965940

Questions Cloud

Develop an interview strategy you would consider : Develop an interview strategy you would consider using to interview and select the right candidate for your organization. You are required to use the job
Calculate number of units have to manufacture to break even : Calculate the number of units would have to manufacture to break even. To include this product, his business would incur fixed costs of $140,000 per year
What is the regular selling price of the boots : What is the regular selling price of the boots? Devin, a shoe store owner, purchases snow boots for $70 each and has a rate of markup of 28.00% on cost.
Calculate profit or loss on each printer at the sale price : If he marks them down by 11% during a sale, calculate his profit or loss on each printer at the sale price. Lisa, a reseller of printers, purchases printers.
Calculate how many canadian dollars received : Jonathan's mother sent him ¥51,000 as a graduation gift. If the bank was charging 0.87% commission, calculate how many Canadian dollars he received.
Calculate the cost of a humidifier : Calculate the cost of a humidifier. A store sells humidifiers for $68.50 each. The store's operating expenses are 47% on cost and the operating profit is 28%.
What amount does have to pay on october sixteen : $16,100 dated September 16, 2020 with payment terms 3/7, 2/30, n/60. What amount does he have to pay on October 16, 2020 to settle this invoice?
Analyze the effects of the general environment : EXTERNAL AND INTERNAL ENVIRONMENTS - Analyze the effects of the general environment, competition, threats, opportunities, strengths, and weakness
Examine your own potential to be a manager : We all know that we want a qualified and competent labor force. This means hiring the very best people possible. Let's first look at our own leadership abilitie

Reviews

Write a Review

Financial Accounting Questions & Answers

  What is the annual effective interest rate

What is the annual effective interest rate that Katerina is paying for her loan transaction? What is the nominal interest (annual percentage rate) for the loan

  What is your expected return after one year

You invest $3,000 in a stock that has a 10% chance of a 2% return, a 70% chance of a 6% return. What is your expected return after one year

  How would they report this contingent liability

A company is being sued for $10,000,000 but the lawyers think it is a frivolous lawsuit and that there is a remote chance that the company will lose. How would they report this contingent liability?

  Total fica payroll tax for this employee is

An employee earned $43,300 working for an employer in the current year. The current rate for FICA Social Security is 6.2% payable on earnings up to $117,000 maximum per year and the rate for FICA Medicare is 1.45%. The employer's total FICA payroll t..

  Find physical counts of inventory

Find Physical counts of inventory? Are not necessary under the perpetual system and should be taken at least once month. / Should be taken at least once a month

  Find how much will bob and carol have to save

Carol's best friend is planning a baby shower, How much will Bob and Carol have to save, assuming the baby is born exactly four years from today

  How much revenue can balfour beatty recognize from olympic

How much revenue can Balfour Beatty recognize from the Olympic Aquatics Centre contract in 2016? Balfour Beatty won the contract to build the Aquatics Centre.

  Explain the relationship between accounting theory

Explain the relationship between accounting theory, the accounting conceptual framework and accounting standards?

  What amount should be used as the initial cash flow

What amount should be used as the initial cash flow for this project? Enter two decimal places. Do not enter the word million or a dollar sign ($).

  Calculate amount of interest that mason should capitalize

Mason Manufacturing Company, Calculate the amount of interest that Mason should capitalize in 2021 and 2022 using the specific interest method.

  Public reason for the move was the economics of old facility

Elroy had been with Barnes Machine Company a year since finishing a BS in industrial engineering (IE). Barnes had been in business for over 50 years, but the company had only recently moved from Detroit to Gainesville, Georgia. The public reason for ..

  What is the beta of the new portfolio

Now you sold stock A worth $50,000 whose beta is 0.9, and bought stock Z worth $70,000 whose beta is 1.7. What is the beta of the new portfolio

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd