Gunther co. established a subsidiary in mexico on january 1, 2013. the subsidiary engaged in the following transactions during 2013:
jan 1 1 peso = $.20
june 30 1 peso = $.19
dec. 31 1 peso= $.16
w. a. 1 peso = $.18
what amount of foreign exchange gain or loss would have been recognized in gunther's consolidated income statement for 2013?
a. $800,000 gain.
b. $760,000 gain.
c. $320,000 loss.
d. $280,000 loss.
e. $440,000 loss.

Acompany manufactures hair dryers. it buys some of the components, but it makes the heating element, which it can produce at the rate of 920 per day. hair dryers are assembled daily, 250 days a year, at a rate of 360 per day. because of the disparity between the production and usage rates, the heating elements are periodically produced in batches of 2,300 units. a. approximately how many batches of heating elements are produced annually? b. if production on a batch begins when there is no inventory of heating elements on hand, how much inventory will be on hand 4 days later? c. what is the average inventory of elements, assuming each production cycle begins when there are none on hand?

Demand increases by less than supply increases. as a result, (a) equilibrium price will decline and equilibrium quantity will rise. (b) both equilibrium price and quantity will decline. (c) both equilibrium price and quantity will rise

All of the following led to the collapse of the soviet economy except a. a lack of worker incentives. c. inadequate supply of consumer goods. b. a reliance on production quotas. d. the introduction of a market economy.