{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-09-12T00:05:51-04:00", "answer_date": "2024-09-12 00:05:51", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "10326693", "url": "\/study-help\/questions\/harmony-is-a-african-mining-company-that-exports-20-ounces-10326693", "question_creation_date_js": "2024-09-12T00:05:51-04:00", "question_creation_date": "Sep 12, 2024 12:05 AM", "meta_title": "[Solved] Harmony is a African mining company that | SolutionInn", "meta_description": "Answer of - Harmony is a African mining company that exports 20 ounces of gold to the US. Gold is priced in US dollars but Harmony | SolutionInn", "meta_keywords": "harmony,african,mining,company,exports,20,ounces,gold,priced,dollars,harmonys,paid", "question_title_h1": "Harmony is a African mining company that exports 20 ounces of gold to the US. Gold is priced in US dollars but Harmonys are paid", "question_title": "Harmony is a African mining company that exports 20 ounces of gold", "question_title_for_js_snippet": "Harmony is a African mining company that exports 20 ounces of gold to the US Gold is priced in US dollars but Harmonys are paid in rand (the currency of South Africa) the current price of gold is 1,703 dollars per ounce the current exchange rate is 18 rand(R) per $1 Harmony current mining costs are R14 per ounce expected inflation rate are 2 in the US and 5 in South Africa (in ) what is harmony current level of profitability note the amounts in the question are per ounce for simplicity even though they are not realistic ", "question_description": "

Harmony is a African mining company that exports 20 ounces of gold to the US. Gold is priced in US dollars but Harmonys are paid in rand (the currency of South Africa). the current price of gold is 1,703 dollars per ounce. the current exchange rate is 18 rand(R) per $1. Harmony current mining costs are R14 per ounce. expected inflation rate are 2 in the US and 5 in South Africa (in %). what is harmony current level of profitability? [note: the amounts in the question are per ounce for simplicity even though they are not realistic] <\/p>", "transcribed_text": "", "related_book": { "title": null, "isbn": null, "edition": null, "authors": null, "cover_image": null, "uri": null, "see_more_uri": "" }, "free_related_book": { "isbn": "", "uri": "", "name": "", "edition": "" }, "question_posted": "2024-09-12 00:05:51", "see_more_questions_link": "\/study-help\/questions\/business-management-leadership-2023-June-05", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/technical-communication\/2-in-response-to-the-situation-outlined-in-exercise-1-1998146", "description": "2. In response to the situation outlined in Exercise 1, write a directive in the form of a memo defining a new policy: Employees commuting to work on bicycles must lock them to designated racks....", "stars": 0 }, { "url": "\/kennelly-corporation-acquired-all-of-short-companys-common-shares-on", "description": "Kennelly Corporation acquired all of Short Company's common shares on January 1, 20X5, for $180,000. On that date, the book value of the net assets reported by Short was $150,000. The entire...", "stars": 3 }, { "url": "\/study-help\/questions\/harmony-is-a-african-mining-company-that-exports-20-ounces-10326693", "description": "Harmony is a African mining company that exports 20 ounces of gold to the US. Gold is priced in US dollars but Harmonys are paid in rand (the currency of South Africa). the current price of gold is...", "stars": 3 }, { "url": "\/study-help\/questions\/where-to-find-and-calculate-market-price-per-share-and-8147951", "description": "Where to find and calculate market price per share and book value per share in annual report? Can you give me an example calculation for market price per share and book value per share. Thank you", "stars": 3 }, { "url": "\/study-help\/questions\/can-someone-solve-this-problem-14-problem-1-four-point-5110056", "description": "Can someone solve this problem? (14%) Problem 1: Four point charges, two positive charges on the x-axis and two negative charges on the y- y-axis axis, are located at a distance a = 5.5 cm from the...", "stars": 3 }, { "url": "\/study-help\/questions\/write-a-functionmax-that-has-twostringparameters-and-returns-thelarger-of-1056843", "description": "Write a functionmax that has twostringparameters and returns thelarger of the two, that is, astring should be returned. (Bylarger we mean alphabetically, thus thestring \"b\" is greater then thestring...", "stars": 3 }, { "url": "\/study-help\/questions\/find-the-number-of-operations-up-to-order-of-magnitude-1056875", "description": "Find the number of operations, up to order of magnitude, required to calculate the determinant of an n n matrix by (1) LU decomposition and (2) expansion by minors.", "stars": 3 }, { "url": "\/study-help\/questions\/need-help-with-these-graphs-question-1-d-s-p-3649404", "description": "Need help with these graphs. Question 1 D S P Q Graphing On notebook paper, please graph the following scenarios for each market and provide an answer key. Market Event a. Steak Increase consumer's...", "stars": 3 }, { "url": "\/study-help\/questions\/jarvis-runs-a-restaurant-and-knows-that-customers-post-pictures-1612999", "description": "Jarvis runs a restaurant and knows that customers post pictures and messages about the restaurant on a regular basis. What can Jarvis do to help ensure a more positive post, even if a customer has a...", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/could-you-help-me-to-edit-the-sql-code-for-10326692", "next": "\/study-help\/questions\/if-applied-overhead-is-400000-and-is-40000-underapplied-actual-10326694" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": "Harmony is a African mining company that exports 20 ounces of gold", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/harmony-is-a-african-mining-company-that-exports-20-ounces-10326693" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } } } }