If the exchange rate between the European euro and the U. S. dollar is 1 to 1.2,
which of the following is true?
A. A $5 item costs twice as much in euros.
B. A $5 item costs less than five euros.
C. A $5 item costs half as much in euros.
D. A $5 item costs more than five euros.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If the exchange rate between the European euro and the U. S. dollar is 1 to 1.2, which of the following is true? A. A $5 item costs twice ...” 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
Purdum farms borrowed $15 million by signing a five-year note on december 31, 2015. repayments of the principal are payable annually in installments of $3 million each.
Answers (1)
Which of the following statements is true of the methods for allocating joint costs? The sales value at splitoff method allocates joint costs to each product in proportion to the sales value of total production.
Answers (1)
A geologist is a part of what career field? A. Mining B. plant care C. agriculture
Answers (1)
Your company has two divisions: One division sells software and the other division sells computers through a direct sales channel, primarily taking orders over the internet.
Answers (1)
A single man lived in his residence for 3 years, sold it for a gain of 185000 he is 58 years old when preparing his tax return he may
Answers (1)
New Questions in Business
Which of the following statements is true? (A) A test with a high cost may also be high value. (B) A test with a low cost is always of low value. (C) Cost and value have the same definition. (D) None of the above
Answers (1)
Which term refers to the practice of revaluing an acquired subsidiary's assets and liabilities to their fair values directly on that subsidiary's books at the date of acquisition?
Answers (1)
Supply-side market failures occur because it is impossible in certain cases for sellers to charge consumers what they are willing to pay for a product. a. True b. False
Answers (1)
A fee is paid a. for each overdraft. c. monthly to have overdraft. b. for the first overdraft. d. annually to have overdraft.
Answers (1)
With a traditional savings account, you could be charged a fee if: You open an account online You close the account You deposit too much money at once You withdraw money too often
Answers (1)