Tricolor Industries has purchased equipment from a Brazilian firm for a total cost of 272,500 Brazilian reals.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 53% (15 reviews)
Foreign currency payables BR 272500 Spot rate on pa...View the full answer
Answered By
Felix Mucee
I am a detailed and thorough professional writer with 5 years of administrative experience- the last 2 years in academic writing and virtual office environment. I specialize in delivering quality services with respect to strict deadlines and high expectations. I am equipped with a dedicated home office complete with a computer, copier/scanner/fax and color printer.
I provide creative and detailed administrative, web search, academic writing, data entry, Personal assistant, Content writing, Translation, Academic writing, editing and proofreading services. I excel at working under tight deadlines with strict expectations. I possess the self-discipline and time management skills necessary to have served as an academic writer for the past five years. I can bring value to your business and help solve your administrative assistant issues.
4.70+
13+ Reviews
33+ Question Solved
Related Book For
Fundamentals of corporate finance
ISBN: 978-0470876442
2nd Edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
Question Posted:
Students also viewed these Corporate Finance questions
-
On October 1, 2020, King Co. purchased equipment from a supplier in a foreign country. King agreed to pay 100,000 local currency units (lcu) in full payment for this equipment. Payment was to be made...
-
A U.S.-based multinational corporation (MNC) purchased equipment from a British firm today and must pay them 1,000,000 one month from today. The MNC is certain the spot rate will be $1.10/ one month...
-
Roland Brothers, Inc. purchased equipment from a British firm for 120,000 on April 1, 2008. To finance the purchase of the equipment, the president of the company signed a note for 120,000 with a...
-
c++. error: array must be initialized with a brace enclosed initializer main.cpp X 10 11 ii 12 13 14 4567 15 16 17 18 19 287288285 20 21 23 24 25 26 27 28 25285922223288 30 31 33 34 36 37 40 41 42 43...
-
On February 15, 2015, Jamal, who is single and age 30, establishes a traditional IRA and contributes $5,500 to the account. Jamal's adjusted gross income is $66,000 in 2014 and $57,000 in 2015. Jamal...
-
Garner Inc. provides the following information related to its post-retirement benefits for the year 2020. Accumulated post-retirement benefit obligation at January 1,...
-
Research a past California case in which you believe a removal would have changed the outcome of the case. Using your knowledge of the potential advantages of transferring a case already filed in the...
-
Humans carry a variety of non-functional genetic sequences, called processed pseudogenes, in their DNA. We can estimate how long ago these sequences first appeared in the genomes of our ancestors. In...
-
Mears Production Company makes several products and sells them for an average price of $90. Mears' accountant is considering two different approaches to estimating the firm's total monthly cost...
-
Jim Coston was reviewing the latest income statement for Trenton Communications. For the second year in a row, the Audio division was showing a negative segment margin, and Jim thought it was time to...
-
Flint Corp. recently purchased auto parts worth 17.5 million Mexican pesos (MP) on credit. Management needs to find out the U.S. dollar cost of the payables. It has access to two quotes for Canadian...
-
A Swiss sporting goods company borrows in yen in the Eurocredit market at a rate of 4.35 percent from Bank of America using a three-month rollover loan. Bank of America assigns a default risk premium...
-
An iceboat has a constant velocity toward the east when a sudden gust of wind causes the iceboat to have a constant acceleration toward the east for a period of 3.0 s. A plot of x versus / is shown...
-
The Professor has programmed Turnitin for the submission folder to test for plagiarism. If an exam answer has a likeness score in Turnitin exceeding 15%, the responsible student will receive a zero...
-
East Company purchased West Company. East Company paid $ 6 0 0 , 0 0 0 cash and assumed all of West Company s liabilities. West's books showed tangible assets of $ 5 5 0 , 0 0 0 , liabilities of $ 4...
-
You put $300 in the bank for 5 years at 8%. If interest is added at the end of the year, how much will you have in the bank after one year? Calculate the amount you will have in the bank at the end...
-
For the year ended December 31, 2019, Dent Co. estimated its allowance for uncollectible accounts using the year-end aging of accounts receivable. The following data are available: Allowance for...
-
EXPLAIN AND GIVE EXAMPLES ABOUT 200 WORDS FOR EACH QUESTION 1. 7 marketing mediums: television, radio, magazines, newspapers, digital, out-of-home, and direct marketing. 2. 9 Types of consumer sales...
-
This quotation is from an interview with William Donaidson, who at the time was the chairman of the NYSE, and appeared in the New York Times on January 30, 1990: There's a need to understand the...
-
What is beacon marketing? What are digital wallets?
-
Form a team to conduct a hypothetical team-selling effort for the packaging of products manufactured by a food company such as General Mills. Have each team member cover a certain concern such as...
-
Papa Roach Exterminators, Inc., has sales of $586,000, costs of $247,000, depreciation expense of $43,000, interest expense of $32,000, and a tax rate of 35 percent. What is the net income for this...
-
In Problem 19, suppose Raines Umbrella Corp. paid out $25,000 in cash dividends. Is this possible? If spending on net fixed assets and net working capital was zero, and if no new stock was issued...
-
Dahlia Industries had the following operating results for 2009: sales = $22,800; cost of goods sold = $16,050; depreciation expense = $4,050; interest expense = $1,830; dividends paid = $1,300. At...
-
Martinez Company, a machinery dealer, leased manufacturing equipment to Mays Corporation on January 1, 2017. The lease is for a 7-year period and requires equal annual payments of $20,786 at the...
-
Item# What is needed # Quantity needed A B Week 4 6 7 A C C 1 2 1 Gross req. 60 20 150 B Item# On hand (beginning) inventory # Lot sizing# Lead time A AB C 50 55 125 L4L 1 30 1 L4L 1 The three tables...
-
Bob Mulle presented a very interesting lecture regarding Adminstrative Law. 1. Describe in detail what you learned about regulatory agencies. 2. What functions of regulatory agencies do you believe...
Study smarter with the SolutionInn App