What is the purchase price of the wine

Assignment Help Financial Management

Reference no: EM13933077

WSM Wine Importers, Inc. purchased 75,000 cases of French wine at a cost of 6,000,000 Euros. If the current exchange rate is 0.7576 Euros to the U.S. dollar, what is the purchase price of the wine in U.S. DOLLARS?

Reference no: EM13933077

Questions Cloud

Reduction of volume of a solution in an experiment : Reduction of volume of a solution in an experiment can be achieved by --------. Freeze drying the solution Prespitating out the solution

Supports depreciating long-term assets : What is the underlying principle that supports depreciating long-term assets over their useful lives instead of just expensing them when purchased? We want full disclosure of large cash expenditures.

Social roles in the health care : How can socialisation and role theory be applied to relationships in health care between patients/clients and health care workers? firstly describe the key principles of the theory and then give examples of its application in the caring profession..

Find the moment of inertia of the system : Two particles with masses 2.3 kg and 6.6 kg are connected by a light rod of length 3.5 m. Find the moment of inertia of the system about an axis perpendicular to the rod and passing through:

What is the purchase price of the wine : WSM Wine Importers, Inc. purchased 75,000 cases of French wine at a cost of 6,000,000 Euros. If the current exchange rate is 0.7576 Euros to the U.S. dollar, what is the purchase price of the wine in U.S. DOLLARS?

Uses the straight-line method of depreciation : On January 1, 2015, Jek Corporation acquired equipment for $260,000. The estimated life of the equipment is 5 years or 40,000 hours. The estimated salvage value is $20,000. What is the book value of the asset on December 31, 2016 after two years of r..

Analyse the program and execute it : I am working on a program that I want to use for a simple home energy data information system.

New agent of socialisation : Explain how a generation that has been brought up with the Internet and the use of social media might have been socialised differently than their parents or grandparents? Are we faced with a new agent of socialisation? [Speak to your elders if you..

Briefly discuss the pros and cons of the five you chose : Your textbook names several types of criminal justice technology that are currently on the drawing board. Name five of them and provide a short definition. Briefly discuss the pros and cons of the five you chose. Why is it unlikely that plea bar..

User Account

All Pages