1 answer

Question 14 (1 point) A nice private pay nursing home in Estonia may be contracted for...

Question:

Question 14 (1 point) A nice private pay nursing home in Estonia may be contracted for 1,400 Euros per month. US private pay nursing homes cost 4,500 per month. The number of Euros per dollar is 1.0 According to PPP what should a nursing home similar to the one in Estonia cost in the USA in dollars? Your Answer:

Answer Question 15 (1 point) Anderson Manufacturing has current assets of $150 million, current liabilities of $95, inventory of $90, and cash of $5. What is Anderson's Quick Ratio?


Answers

14). $/Euro = 1 / [Euro/$] = 1 / 1 = $1 / Euro

Cost in US $ = Nominal Cost in Euro * Exchange Rate[$/Euro]

= 1,400 euros * [$1 / Euro] = $1,400

15). Quick Ratio = [Current Assets - Inventory] / Current Liabilities

= [150 - 90] / 95 = 60 / 95 = 0.63

.

Similar Solved Questions

1 answer
A stock has had returns of 16 percent, 10 percent, -28 percent over the last three...
A stock has had returns of 16 percent, 10 percent, -28 percent over the last three years, respectively. What is the geometric mean return for this stock?(Enter your answers as a percentage rounded to 2 decimal places. For example, enter 8.43% instead of 0.0843 )...
2 answers
Find the measure of Y if Y is six more than three times it complement
Find the measure of Y if Y is six more than three times it complement....
1 answer
11. A large international study of risk factors for heart attack showed that a. workplace stress...
11. A large international study of risk factors for heart attack showed that a. workplace stress was the only type of stress that predicted heart attack. b. several demographic factors were related to heart attack but no psychosocial factors. c. several types of stress were related to...
1 answer
Ceramics Etc is a manufacturer of large flower pots for urban settings. The company has these​...
Ceramics Etc is a manufacturer of large flower pots for urban settings. The company has these​ standards: Direct materials (resin). . . . . . . . . . . . . . . . . . . . 13 pounds per pot at a cost of $3.00 per pound Direct labor. . . . . . . . . . . . . . . . . . . . . . . . . ...
1 answer
Which of the following is NOT an example of a business risk? Multiple Choice A customer...
Which of the following is NOT an example of a business risk? Multiple Choice A customer value proposition. A website malfunctioning. An employee accessing unauthorized information. Products harming customers....
1 answer
To rent a home water softnener, there is an installation fee of $60 plus a $ 25 monthly fee
To rent a home water softnener, there is an installation fee of $60 plus a $ 25 monthly fee.Write a linear equaion to represent the total cost, y, of renting a water softener for x months.Use th linear equation to compute the cost of renting the water softener for 6 months.Use the linear equation to...
1 answer
Cost per Equivalent Unit The following information concerns production in the Forging Department for November. All...
Cost per Equivalent Unit The following information concerns production in the Forging Department for November. All direct materials are placed into the process at the beginning of production, and conversion costs are incurred evenly throughout the process. The beginning inventory consists of $43,050...
1 answer
Vino Veritas Company, a U.S.-based importer of wines and spirits, placed an order with a French...
Vino Veritas Company, a U.S.-based importer of wines and spirits, placed an order with a French supplier for 1,200 cases of wine at a price of 230 euros per case. The total purchase price is 276,000 euros. Relevant exchange rates for the euro are as follows: Date September 15 September 30 October 31...
1 answer
Please provide the correct answer and explain how to solve. thank you illustrate how you see the shapes growing, b...
please provide the correct answer and explain how to solve. thank you illustrate how you see the shapes growing, by showing a table of values, a graph of the equation and the pattern generalized and modeled by an equation.    Igebra Jigsaw Task B B Task Case 3 Case 1 Case 2...
1 answer
Question 5 Input area: R=Dividend Yield+g Dividend growth rate Dividend yield 4.3% 5.6% Find the Required...
Question 5 Input area: R=Dividend Yield+g Dividend growth rate Dividend yield 4.3% 5.6% Find the Required Return:...
1 answer
Assume a setting in which the risk-free rate is 4% and the CAPM holds. The market...
Assume a setting in which the risk-free rate is 4% and the CAPM holds. The market portfolio has a mean return of 16% and a return standard deviation of 30%. The data on two stocks that exist in this market are as follows. Stock X has a mean return of 10% and a standard deviation of 40%. Stock Y has ...
1 answer
The following General Fund information is available for the preparation of the financial statements for the...
The following General Fund information is available for the preparation of the financial statements for the City of Eastern Shores for the year ended September 30, 2017: Revenues: Property taxes $ 27,022,000 Sales taxes 13,319,000 Fees and fines 1,327,000 Licenses and permit...
2 answers
What is the strongest predictor of both scholastic and career achievment
what is the strongest predictor of both scholastic and career achievment?...
1 answer
A solution is made by dissolving 1.00 g of the ligand salen (C16H16N2O2) in enough water...
A solution is made by dissolving 1.00 g of the ligand salen (C16H16N2O2) in enough water to make to make 1.00 L of solution. Determine the concentration of the resulting solution....
1 answer
Pls, help me answer questions 10 pls. 0.2 0.7 4.14 4.22 4.3 4.39 4.45 4.52 4.58...
pls, help me answer questions 10 pls. 0.2 0.7 4.14 4.22 4.3 4.39 4.45 4.52 4.58 4.64 4.69 4.75 4.8 4.85 4.89 4.95 4,99 5.03 5.09 5.13 5.17 5.2 5.24 Titration of a Weak Acid 2.5 3.5 4.5 1 11.1111 211.27 1.2?391.4 1471 1.5 10.85 065 0.37 5.5 6.5 7.5 8.5 684 9.5 6.51 ? 10.5 62 6.31 5966.02 5.28 T 5.33...
1 answer
Lopez Company uses both standards and budgets. For the year, estimated production of Product X is...
Lopez Company uses both standards and budgets. For the year, estimated production of Product X is 581,000 units. Total estimated cost for materials and labor are $1,162,000 and $1,626,800. Compute the estimates for (a) a standard cost and (b) a budgeted cost. (Round standard costs to 2 decimal place...
1 answer
20 Points Problem - Break even point & margin of safety Information concerning a product produced...
20 Points Problem - Break even point & margin of safety Information concerning a product produced by Ejimaker Company appears here Sales price per unit $ 250 Variable cost per units 130 Total annual fixed manufacturing and operating costs $600,000 Required Determine the following: a) Contributio...