A check register shows a balance of 2,100.00 before adding a deposit of 191.11 and writing two checks for 921.34 and 89.77 . Compute the new cash balance shown in the check register.
Q. 2Fast Manufacturing, Inc has contracted to sell certain goods to a company in Finland. The price agreed upon for the goods is 500,00 . euro. On the date the contract was signed, the euro was valued at 1.30 . If the value of the euro fell from 1.30 to 1.25 on the date of payment, compute how much Fast Manufacturing, Inc lost by contracting in euro instead of U.S. dollars.
Q. 3A check register shows a balance of 18.23 before adding deposits of 491.04, 52.65, and 22.33 . Compute the new cash balance shown in the check register.
Q. 4Madison Manufacturing, Inc has contracted to sell certain goods to a company in Malaysia. The price agreed upon for the goods is 320,00 . Malaysian Ringgits. On the date the contract was signed, the Foreign Currency in dollars column in the financial section of the local paper showed that the Malaysian Ringgit was valued at .309502 . Compute the U.S. dollar value Madison Manufacturing, Inc expects to receive for the goods. (Round to nearest dollar.)
Q. 5The 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.
Q. 6Green'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.
Q. 7The check register for Bellam Furniture showed a balance of 3,511.91 . Checks were written for 2,593.02 and 72.80 . A deposit was made for 6,982.22 . Compute the new balance shown in the check register.
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