Spot Rate: Tantrix, Inc

question 71

Multiple Choice

Spot rate: Tantrix, Inc., purchased its inventory from an Indian manufacturer at a cost of Rs.5,325,000. The dollar cost of this payable is $125,634.07 at today's spot rate. What is the spot rate today?

• A) $4.2385/Rs.
• B) $42.3850/Rs.
• C) Rs.42.3850/$
• D) Rs. 4.2385/$

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Definitions:

Sociological Imagination

The ability to see the relationship between individual experiences and the larger society, a concept introduced by C. Wright Mills.

Social Structures

are relatively stable patterns of social relations.

Sociological Imagination

The ability to see the impact of social forces on individuals' private and public lives, a concept introduced by C. Wright Mills.

Feminist Theory

An approach that aims to understand gender inequality, focusing on women's social roles, experiences, interests, and feminist politics.