Question: answer A-D ort 1/: Exchange Rate (effect on business) Due to the ascension of Ferdinand Marcos Jr., into the presidency, the market exchange rate etween

answer A-D

ort 1/: Exchange Rate (effect on business) Due to the ascension of Ferdinand Marcos Jr., into the presidency, the market exchange rate etween PHP and SGD changed from 0.02629 to 0.01556 If the Philippines will buy 10,000 units of Singaporean goods at 1.39SGD/unit, how much SGD does the Filipino businessman needs? The businessman will buy SGD from a local bank at a rate of 0.01882, how much peso dog he need to cover for the total cost of purchase? What is the percentage mark-up of the bank? How much did the bank earn in terms of profit from the transaction made by the businessman

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Jon-Jan Restaurants purchased green rice, a special variety of rice, from China for 100,000 renminbi on November 1, 20X8. Payment is due on January 30, 20X9. On November 1, 20X8, the company also...

Use the materials provided for PalomarHealth to answer the following questions: a. Has Palomar Health succeeded with itsfinancialgoals? Use ratios, the budget, and thefinancialreportin answering this...

Answer The Following Multiple Choice Questions And Choose the Correct Answer (A-D). Questions 1 & 2 are A-D Multiple Choice & Questions 3 & 4 - A - C Multiple Choice. Question 1: You're measuring the...

Answer The Following Multiple Choice Questions And Choose the Correct Answer (A-D). Question 1: If you've been given a pointer (e.g. string *s), and you want to use the thing it points to, which of...

Answer The Following Multiple Choice Questions And Choose the Correct Answer (A-D). Question 1: Which of these string searching algorithms has the fastest worst-case time complexity? Question 1...

Answer The Following Multiple Choice Questions And Choose the Correct Answer (A-D). Question 1: In the lectures, we saw three different ways of implementing a map. Arrange them in order of the...

Answer The Following Multiple Choice Questions And Choose the Correct Answer (A-D). Question 1: Which one of the following statements is true for any tree? Question 1 options: A. the root node has no...

Answer The Following Multiple Choice Questions And Choose the Correct Answer (A-D). Question 1: The Lee and Dijkstra algorithms are part of the family of: Question 1 options: A. Pathfinding...

Answer The Following Multiple Choice Questions And Choose the Correct Answer (A-D). Question 1: The A* algorithm is described as a: Question 1 options: A. sorting algorithm B. shortest path algorithm...

Northport Bottling Company has the following information available for the first six months of 2004. Cash collected from customers ........$268,000 Cash paid to suppliers ............. 82,500 Cash...

Why is it important for users of financial statements to have an understanding of how transactions are recorded, summarized, and reported?

Problem 1 4 - 6 Collection Float ( LG 1 4 - 9 ) CM Enterprises estimates that it takes, on average, one day for customers' payments to arrive, one day for the payments to be processed and deposited...

Discuss what is Audit Risk model and how does it relate to the evidence that an Auditor obtains to ensure overall audit risk is low.

3. Economist Gerd Gigerenzer characterizes heuristics as fast and frugal ways of reaching decisions. Are there any costs to heuristics being fast and frugal? Explain and give an example of how a fast...

1. Assume that the data in the following table give an indifference curve for Mr. Chen. Graph this curve, putting A on the vertical axis and B on the horizontal axis. Assuming that the prices of A...

LO7.6 (Appendix) Relate how the indifference curve model of consumer behavior derives demand curves from budget lines, indifference curves, and utility maximization.