18 ed Out of on Partill: Problem Solving and comprehensive Case Analysis (27.5. polnts) Show detailed calculations in order to obtain full marks. Problem 1: 17.5 points Our "feet" are the foundation of our body, which implies keeping our feet healthy can help keep us healthy. With more than 250,000 sweat glands each side, our feet are among the most perspiring parts of the body in which up it produces 4.5 liters of sweats per week. Thus, this causes the damp lines, rashes, musty smells and unhygienic Research conducted by First Magazine indicates that over 90% of USA's citizen is facing with feet odor problem. Taking into account the efficiency, comfort and affordability of the existing products that help with feet odor, the profit opportunity gap exists. Concept Overview The company Happii Feet was founded in late 2018 by six founding members and Private Equity Fund with some level of debt. The company therefore has no immediate financing need Categorized under footwear sector, Happil Feet is a sticker shoe Insole that can eliminate musty smells and at a same time increase sole comfort, which can be removable and customized for the perfect fit of one's feet. Additionally, Happli Feet is available in variety of colors and patterns lasting for two months. Happii Feet's success criteria is based on 3Cs, Comfort, Cleanliness and confidence. Challenges As Happii Feet is a first mover in shoe insole, there is a possibility of the new comers who might otherwise enter into the market . Thus, having loyalty customers to prevent any deduction in market share is an advantage since in this sector, the bargaining power of buyers is high Happli Feet has placed order for new sets of equipment today, March 17, 2022 from a German firm for Nano-Material coating which cost them Euro 500,000 and payments are to be made to the Germany supplier over the next three months, December 17,2022. Happil Feet also exports shoe insoles to another firm in Germany and will receive payments in three months for the value of Euro 1,250,000. Happii Feet, as a risk averse company, has collected market information to manage the exchange rate exposure Due to the fact that Happil Feet is still not a large and publicly listed company, it does not have access to the forward contract. Macro Economics Information (p.a.) Interest Rates Euro 596 USA 6% Investing Borrowing 6% 8% Financial Market Quotation 18 ed Out of on Partill: Problem Solving and comprehensive Case Analysis (27.5. polnts) Show detailed calculations in order to obtain full marks. Problem 1: 17.5 points Our "feet" are the foundation of our body, which implies keeping our feet healthy can help keep us healthy. With more than 250,000 sweat glands each side, our feet are among the most perspiring parts of the body in which up it produces 4.5 liters of sweats per week. Thus, this causes the damp lines, rashes, musty smells and unhygienic Research conducted by First Magazine indicates that over 90% of USA's citizen is facing with feet odor problem. Taking into account the efficiency, comfort and affordability of the existing products that help with feet odor, the profit opportunity gap exists. Concept Overview The company Happii Feet was founded in late 2018 by six founding members and Private Equity Fund with some level of debt. The company therefore has no immediate financing need Categorized under footwear sector, Happil Feet is a sticker shoe Insole that can eliminate musty smells and at a same time increase sole comfort, which can be removable and customized for the perfect fit of one's feet. Additionally, Happli Feet is available in variety of colors and patterns lasting for two months. Happii Feet's success criteria is based on 3Cs, Comfort, Cleanliness and confidence. Challenges As Happii Feet is a first mover in shoe insole, there is a possibility of the new comers who might otherwise enter into the market . Thus, having loyalty customers to prevent any deduction in market share is an advantage since in this sector, the bargaining power of buyers is high Happli Feet has placed order for new sets of equipment today, March 17, 2022 from a German firm for Nano-Material coating which cost them Euro 500,000 and payments are to be made to the Germany supplier over the next three months, December 17,2022. Happil Feet also exports shoe insoles to another firm in Germany and will receive payments in three months for the value of Euro 1,250,000. Happii Feet, as a risk averse company, has collected market information to manage the exchange rate exposure Due to the fact that Happil Feet is still not a large and publicly listed company, it does not have access to the forward contract. Macro Economics Information (p.a.) Interest Rates Euro 596 USA 6% Investing Borrowing 6% 8% Financial Market Quotation