Upon arrival in Chile, Karen exchanged $1,000 of U. S. currency into 480,000 Chilean Pesos. While returning after her two-month visit, she exchanged her remaining 50,000 Pesos into $100 of U. S. currency. What amount of gain or a loss did Karen experience on the 50,000 pesos she held during her visit and converted to U. S. dollars at the departure date

Acorporation a. can use different depreciation methods for tax and financial reporting purposes b. must use the straight - line depreciation method for tax purposes and double declining depreciation method financial reporting purposes c. must use different depreciation method for tax purposes, but strictly mandated depreciation methods for financial reporting purposes d. can use straight- line depreciation method for tax purposes and macrs depreciation method financial reporting purposes

Special order carson manufacturing, inc., sells a single product for $36 per unit. at an operating level of 8,000 units, variable costs are $18 per unit and fixed costs $10 per unit. carson has been offered a price of $20 per unit on a special order of 2,000 units by big mart discount stores, which would use its own brand name on the item. if carson accepts the order, material cost will be $3 less per unit than for regular production. however, special stamping equipment costing $4,000 would be needed to process the order; the equipment would then be discarded. assuming that volume remains within the relevant range, prepare an analysis of differential revenue and costs to determine whether carson should accept the special order. use a negative sign with answer to only indicate an income loss from special order; otherwise do not use negative signs with your answers.

One cost-of-living indicator available on the internet shows that a salary of $40,000 in santa barbara, california, is equivalent to $14,000 in wichita, kansas. this is primarily because of housing, which is much less expensive in wichita. what does this difference say about how the federal government calculates poverty?