Question: on II: 4 points each (Answer any 9) 13. If the spot rate for the Peso today is is $0.052 and the spot rate last

on II: 4 points each (Answer any 9) 13. If the

on II: 4 points each (Answer any 9) 13. If the spot rate for the Peso today is is $0.052 and the spot rate last year was $0.058, what is the percentage increase or decrease of Peso in the past year? a. premium of 10.34% b. premium of 11.54% c. discount of 10.34% d. discount of 11.54% 14. If the company's taxable income is $380,000. What is the company's tax liability (refer to table at the end of the test for tax rates)? a. $113,900 b. $129,200 c. $117,200 d. $125,660 15. Given the following information, calculate the inventory for Big Show Videos: Quick ratio = 1.3; current liabilities = $5,000; Current ratio = 2.2. a. $4,500 b. $6,240 c. $7,200 d. $5,000

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