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Author Question: The check register for Bakers' company showed a balance of 2,312.19 . Checks were written for ... (Read 120 times)

laurencescou

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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.


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Eunice618

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Reply #1 on: Jun 24, 2018
Answer to Question 1

6,539.16

Answer to Question 2

1,495.80


laurencescou

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

Missbam101

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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