The NVFT for an item under temporary importation and 1/60 partial GSTValue of the item USD $275000Exchange Rate1.2635Duty Rate6 months6%$1737.31$18415.51$20844None of the options

SOLUTION:- The Bond for an item under temporary importation and 1/60 partial GST would be USD…

Answered: The NVFT for an item under temporary…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question 9 Not yet answered The latest AUD/USD is 0.7788 -0.7793. What is the inverse quote? USD/AUD buy rate = USD/AUD sell rate =
QUESTION 37 Consider this (incomplete) table of FX cross-rates EUR Column USD 0.0043 0.8727 USD USD EUR JPY 110.00 GBP CHF 0.8000 What number should be at the intersection of: Row 0.0073 EUR JPY Example: the number at the intersection of Row "JPY" and Column "USD" is "110.00" and represents the number of JPY needed to buy one USD. 1.2500 GBP CHF 2.4000 96.00
N4. Account
Scenarlo Current Interest rate Current Interest rate Current exchange Expected exchange rate in 1 year 102 kr = $1 103 kr $1 103 kr $1 97 kr $1 -Canada Iceland rate 100 kr $1 100 kr $1 100 kr $1 100 kr = $1 2% 4% %3D 3% 6% %3! C. 5% 2% 4% 7% Suppose that you want to invest $100 000 in 1 year bonds. You are looking for the highest return on your investment and do not care whether you invest in Canada or Iceland, but as a Canadian resident, you want your investment return to be in Canadian dollars. The attached table lists four scenarios, each showing the current interest rate for one-year government bonds in Canada and Iceland, the current exchange rate between the dollar and the Icelandic Krona, and the expected exchange rate in one year. Other than the interest rates, you assume the bonds from each country to be identical. In which scenario(s) does interest rate parity hold? Select all that apply. Select all that apply: cross out a. A cross out b. B cross out c. C cross out d. D O O
What is the External PPP of 33876 OMR at Kuwait, if price level in Kuwait is 10,000 KWD and exchange rate is: 0.75 KWD / OMR? Select one: a. 4.517 b. 1.270 c. 2.541 d. 55168.000
6.
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On December 12, 2022, Tin Company entered into a forward exchange contract to purchase 500,000 euros in 90 days.The relevant exchange rates are as follows: Spot rate Forward rate (for 3/12/2023)November 30, 2022 P0.56 P0.57December 12, 2022 P0.57 P0.58December 31, 2022 P0.61 P0.60March 12, 2023 P0.62 P0.62 The purpose of this forward contract is to hedge a purchase of inventory in November 30, 2022, payable in March 2023. How much is the net forex gain/loss December 31, 2022? (just encode the absolute amount)
Table 4.2 Currency Cross Rates (2:00 p.m. ET, Per CS Canadian dollar (C$) U.S. dollar (US$) Euro (€) Japanese yen (x) British pound (£) Swiss franc (Sufr) Australian dollar (AS) January 11, 2019) Per US$ Per C 1.52586 1.32329 New exchange rate New exchange rate 0.75569 0.65537 0.86725 81.71270 108.11980 124.67273 0.59198 0.73894 1.05216 Per Y 0.012238 1.15307 0.009249 0.008021 per cs Per Sw fr 1.35328 1.02267 0.71823 0.88697 0.62292 138.12155 110.61947 77.63975 0.801221 0.56273 0.70245 0.78337 0.90318 0.00724 0.97783 1.12744 0.00904 1.24809 1.39232 1.60535 0.01288 1.77704 1.42359 Jper c Per £ 1.68925 1.27654 1.10720 If the CS weakens by 1.6% relative to the € in Table 4.2, what will be the new values for € per C$100 and C$ per €1.00? (Do not round your intermediate calculations. Round your answers to 5 decimal places.) Per AS 0.95043

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The NVFT for an item under temporary importation and 1/60 partial GST Value of the item USD $275000 Exchange Rate 1.2635 Duty Rate 6 months $1737.31 $18415.51 6% $20844 None of the options