What is the profit or loss for the producer in aud

Assignment Help Accounting Basics
Reference no: EM133187326

Question - Suppose 500,000 of Cherries is produced. The current price of cherries is USD $38 PER TONNE and the AUD/USD exchange rate us 0.7800. However when delivered the price increased to USD $42 PER TONNE and the exchange rate is AUD/USD 0.8200. What is the profit/loss for the producer in AUD?

Reference no: EM133187326

Questions Cloud

Rules of the road : Analyze how existing federal statutory acts favor smaller businesses over large multinational organizations that build drones
Determine the machine net present value is nearest : The machine costs $68000 and would generate $17600 in annual cost savings over its 5-year life. Determine the machine net present value is nearest
What entry to record the accrual of employer payroll taxes : The following totals for the month of April were taken from the payroll register of Magnum Company: What entry to record the accrual of employer payroll taxes
A marketplace to explore for this assignment is ebay : A marketplace to explore for this assignment is eBay. Spend some time on the eBay Web site. Find a product that you are interested in and follow the bidding.
What is the profit or loss for the producer in aud : However when delivered the price increased to USD $42 PER TONNE and the exchange rate is AUD/USD 0.8200. What is the profit/loss for the producer in AUD
Internship in the current work environment : COVID-19 has changed the world of work dramatically. Organizations have had to reimagine the way they do business to accommodate the "new normal."
Arbitration And Unconventional ADR : Describe what the contract and what the arbitration clause requires. Where will arbitration be held (what venue)? What rules will apply?
What total amount should be reported as shareholders equity : Mara Company provided the following data at year-end: Authorized share capital 5,000,000. What total amount should be reported as shareholders equity
What is kayla recognized gain on involuntary conversion : An appraisal Indicated that the land Kayla received was worth $265,000. What is Kayla's recognized gain or loss on the involuntary conversion

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

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