This topic contains a solution. Click here to go to the answer

Author Question: The checkbook stubs for Marcia Ayala showed a balance of 303.95 before adding two deposits of 125.17 ... (Read 175 times)

ARLKQ

  • Hero Member
  • *****
  • Posts: 571
The checkbook stubs for Marcia Ayala showed a balance of 303.95 before adding two deposits of 125.17 and 369.18 . She then wrote checks for 117.82 and 99.99 . Compute the new cash balance shown on the check stub after the check for 99.99 was written.

Question 2

Global Concerns, Inc has contracted to sell certain goods to a company in Australia. The Australian company has contracted to pay 500,00 . Australian dollars for the shipment. At the time the contract was signed, the Foreign Currency in dollars column in the financial section of the morning paper showed that one Australian dollar was valued at 0.903497 U.S. currency. Between the date the contract was signed and the date on which payment was received, the Australian dollar fell to a value of 0.8740 . Compute the amount Global Concerns gained or lost by agreeing to accept payment in Australian dollars instead of U.S. dollars.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

britb2u

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

580.49

Answer to Question 2

14,748.50 U.S. currency gain




ARLKQ

  • Member
  • Posts: 571
Reply 2 on: Jun 24, 2018
:D TYSM


diana chang

  • Member
  • Posts: 288
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

For a complete list of videos, visit our video library