BierCo is a beer company based in Germany. You purchased the stock in 2011 for 100 Euros when the exchange rate was 1.4 EUR / USD. Today BierCo's price is 120 Euros and the exhange rate is 1.12 EUR/USD. What is the dollar-denominated total return? Express in decimal total return format (i. e., 0.01 represents 1%).
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “BierCo is a beer company based in Germany. You purchased the stock in 2011 for 100 Euros when the exchange rate was 1.4 EUR / USD. Today ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Skilled professionals who are responsible for the development of strategies to minimize taxes are called: a. tax accountants. b. certified public accountants. c. certified management accountants. d. certified internal auditors.
Answers (1)
4. Wilford has developed a leg pillow for long airline flights that reduces the risk of blood clots. He isn't sure how to develop a marketing program, as there are many similar products on the market.
Answers (1)
Inventory by Three Methods The units of an item available for sale during the year were as follows: Jan. 1 Inventory 27 units at $400 Feb. 19 Purchase 54 units at $460 June 8 Purchase 63 units at $520 Oct.
Answers (1)
What are the main two classifications of evidence? question 1 options: gross evidence & direct evidence trace evidence & latent evidence direct evidence and circumstantial evidence circumstantial evidence & trace evidence?
No Answers
What occurs in alley cropping? a. Crops are planted in strips between trees and shrubs. b. Crops are planted across slopes. c. A row crop alternates in strips with another row crop. d. Special tillers are used so the topsoil is not disturbed. e.
Answers (1)
New Questions in Business
High value-added per employee is associated with: a. capital intensive industries. b. labor intensive industries. c. the shoe industry in 1860. d. the use of unskilled labor.
Answers (1)
How were the earliest benefits of the industrial revolution distributed between Factory owners and workers?
Answers (1)
Ben and Sam Jenkins formed a partnership. Ben contributed $8,000 cash and a used truck that originally cost $35,000 and had accumulated depreciation of $15,000. The truck's fair value was $16,000. Sam, a builder, contributed a new storage garage.
Answers (1)
Select all that apply. A primary incentive for entrepreneurs is 1: Profit 2: A skill and happy workforce 3: Notoriety 4: Seeing an idea come into being 5: Paying taxes
Answers (1)
Joyce finds that the members of the project team to which she has been promoted are all middle-aged men. joyce wonders if she, a young new graduate from a local university, will be taken seriously. joyce is likely to be reacting to a
Answers (1)