Assume you just returned from some extensive traveling throughout the americas. you started your trip with $20,000 in your pocket. you spent 3.1 million pesos while in chile and 548,200 pesos in colombia. then on the way home, you spent 47,500 pesos in mexico. assume the exchanges rates you encountered were $1 = ps562 in chile; $1 = ps1,928 in colombia; and $.0767 = ps in mexico. how many dollars did you have left by the time you returned to the u. s.?

As related to a company completing the purchase to pay process, is there an accounting journal entry "behind the scenes" when xyz company pays for the goods within 10 days of the invoice (gross method is used for discounts and terms are 2/10 net 30) that updates the general ledger?

Parks corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. the investment would provide cash inflows of $2,000 per year for six years. the working capital would be released for use elsewhere when the project is completed. if the company's discount rate is 10%, the investment's net present value is closest to (ignore income taxes) ?

Performance bicycle company makes steel and titanium handle bars for bicycles. it requires approximately 1 hour of labor to make one handle bar of either type. during the most recent accounting period, barr company made 7,700 steel bars and 2,300 titanium bars. setup costs amounted to $35,000. one batch of each type of bar was run each month. if a single company-wide overhead rate based on direct labor hours is used to allocate overhead costs to the two products, the amount of setup cost assigned to the steel bars will be: