Author Question: The check register for Bakers' company showed a balance of 2,312.19 . Checks were written for ... (Read 92 times)

laurencescou · **on:** Jun 24, 2018

The check register for Bakers' company showed a balance of 2,312.19 . Checks were written for 1,093.05 and 42.50 . A deposit was made for 5,362.52 . Compute the new balance shown in the check register.

Question 2

Green's Manufacturing, Inc has contracted to sell certain goods to a company in Norway. The price agreed upon for the goods is 150,00 . Norwegian kroners. On the date the contract was signed, the Foreign Currency in dollars column in the financial section of the local paper showed that the Norwegian krone was valued at .185028 . If the Norwegian krone rose to .1950 on the date of payment, compute how much Green's Manufacturing, Inc gained by contracting in Norwegian kroners instead of U.S. dollars.