Sydney to phoenlx. terry lamoreaux owns homes in sydney, australia, and phoenix, united states. he travels betweenthe two cities at least twice a year. because of his frequent trips, he wants to buy some new high-quality luggage. he hasdone his research and has decided to purchase a briggs and riley three-piece luggage set. there are retail stores inphoenix and sydney. terry was a finance major and wants to use purchasing power parity to determine if he is paying thesame price regardless of where he makes his purchase. a. if the price of the three- piece luggage set m phoenix is $850 and the price of the same three- piece set in sydney isas930, using purchasing power parity, is the price of the luggage truly equal if the spot rate is aslo941/s‘? b. if the price of the luggage remains the same in phoenix one year from now, determine the price of the luggage insydney in one year’s time if ppp holds true. the us. inflation rate is 1.15% and the australian inflation rate is 3.13%.

Which of the following is located at the point where the supply and demand curves intersect? a. the equilibrium price. b. the minimum supply. c. the level of efficient production. d. the maximum demand. 2b2t

Arival company manufactures fuel tanks for cars using a different production technique. the total weekly cost (in dollars) of producing x tanks is given by c(x) = 10000 +90x - 0.04x2 find the marginal cost at a production level of 500 fuel tanks per week to approximate the cost of the 501st unit (round to the nearest 2 decimal places, if needed)

Paar corporation bought 100 percent of kimmel, inc., on january 1, 2012. on that date, paar’s equipment (10-year life) has a book value of $420,000 but a fair value of $520,000. kimmel has equipment (10-year life) with a book value of $272,000 but a fair value of $400,000. paar uses the equity method to record its investment in kimmel. on december 31, 2014, paar has equipment with a book value of $294,000 but a fair value of $445,200. kimmel has equipment with a book value of $190,400 but a fair value of $357,000. the consolidated balance for the equipment account as of december 31, 2014 is $574,000. what would be the impact on consolidated balance for the equipment account as of december 31, 2014 if the parent had applied the initial value method rather than the equity method? the balance in the consolidated equipment account cannot be determined for the initial value method using the information given. the consolidated equipment account would have a higher reported balance. the consolidated equipment account would have a lower reported balance. no effect: the method the parent uses is for internal reporting purposes only and has no impact on consolidated totals.