Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jan 03, 2022

The price quoted by an exporter wasUSD38 per case FOB Shanghai. The importer requested a revised CFR Liverpool price. If the size of each

The price quoted by an exporter was"USD38 per case FOB Shanghai". The importer requested a revised CFR Liverpool price. If the size of each case was 50cm"40cm 30cm, gross weight per case was 40kg,freight basis was W/M and the quotation for Liverpool is USD100per ton of carriage, plus 20% bunker adjustment factor and 10% currency adjustment factor, what would be the CFR price?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

i CFR price means cost and freight price where exporter has to take care of all the insurance and tr... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International financial management

Authors: Jeff Madura

9th Edition

978-0324593495, 324568207, 324568193, 032459349X, 9780324568202, 9780324568196, 978-0324593471

More Books

Students also viewed these Accounting questions

Question

★★★★★

A weight W = 20 kN falls through a height h = 1.0 mm onto the midpoint of a simple beam of length L = 3 m (see figure). The beam is made of wood with square cross section (dimension d on each side)...

Answered: 1 week ago

Question

★★★★★

A weight W is supported by attaching it to a vertical uniform metal pole by a thin cord passing over a pulley having negligible mass and friction. The cord is attached to the pole 40.0 cm below the...

Answered: 1 week ago

Question

★★★★★

An object with weight W is dragged along a horizontal plane by a force acting along a rope attached to the object. If the rope makes an angle with the plane, then the magnitude of the force is where...

Answered: 1 week ago

Question

★★★★★

Sung Corporation, a clothing retailer, engaged in the transactions listed in the first column of the table below. Opposite each transaction is a ratio and space to mark the effect of each transaction...

Answered: 1 week ago

Question

★★★★★

The teacher from Problem 21 also tried a different approach to determining whether changing answers helps or hurts exam grades. In another class, students were told to review their final exams and...

Answered: 1 week ago

Question

★★★★★

Consider the following pseudo-code. Assume that IntQueue is an integer queue. What does the function fun do? A. Prints numbers from 0 to n-1 B. Prints numbers from n-1 to 0 C. Prints frst n Fibonacci...

Answered: 1 week ago

Question

★★★★★

70. Let N denote the number of cycles that result in the match problem. (a) Let Mn = E[N], and derive an equation for Mn in terms of M1,..., Mn1. (b) Let Cj denote the size of the cycle that contains...

Answered: 1 week ago

Question

★★★★★

Marathon, Inc., manufactures two types of shoes: X-Trainer and Court. Last year, Marathon had the following costs and revenues: Marathon, Inc., currently uses labor costs to allocate all overhead,...

Answered: 1 week ago

Question

★★★★★

After the first quarter of the current year, Joy and Lucy, both proprietors, decide to combine their businesses and created a partnership. Prior to the partnership formation, their balance sheets...

Answered: 1 week ago

Question

★★★★★

Determine the magnitude and direction, measured counterclockwise from the positive x' axis, of the resultant force of the three forces acting on the bracket. Given: F1 = 300 N F2 = 200 N F3 = 180 N...

Answered: 1 week ago

Question

★★★★★

Law of Negligence Case study: Discuss how the age of a person can be a contributing factor of liability.

Answered: 1 week ago

Question

★★★★★

To keep your production plant up and running, you are constantly looking for new employ- ees. Understanding the abilities of an applicant is not easy. By conducting an interview with an applicant,...

Answered: 1 week ago

Question

★★★★★

What is the profile of a hacker today? Characteristics Black hat White Hat State Sponsored Hackers Whistleblower Cybersecurity professionals (NYU, courses, degrees that specialize in cybersecurity,...

Answered: 1 week ago

Question

★★★★★

At a recent meeting, Nora observed that in her organization, the key values are intensely held and widely shared among all team members. What does this represent?

Answered: 1 week ago

Question

★★★★★

22. 222 A tendency exists for a policyholder to purchase an insufficient policy limit with respect to property insurance on a building. Why is such the case? Assuming that the policy limit is...

Answered: 1 week ago

Question

★★★★★

Longworth Partnership purchased a machine for $ 5 8 , 2 5 0 to use in its business. In year 3 , Longworth sold the machine for $ 3 7 , 9 0 0 . Between the date of the purchase and the date of the...

Answered: 1 week ago

Question

★★★★★

4. Consider the following narrative describing the process of preparing an income tax return: Each year before April 15, you file your income taxes. You collect multiple W-2 and 1099 documents. You...

Answered: 1 week ago

Question

★★★★★

Perform the indicated operations. In designing a cam for a fire engine pump, the expression is used. Simplify this expression. (3) (3 4 32

Answered: 1 week ago

Question

★★★★★

Identify the factors that affect the current account balance between the United States and the United Kingdom. Explain how each factor may possibly affect the British demand for the footballs that...

Answered: 1 week ago

Question

★★★★★

1. Using a spreadsheet, compare the hedging alternatives for the Thai baht with a scenario under which Blades remains unhedged. Do you think Blades should hedge or remain unhedged? If Blades should...

Answered: 1 week ago

Question

★★★★★

Boca, Inc., needs $4 million for one year. It currently has no business in Japan but plans to borrow Japanese yen from a Japanese bank because the Japanese interest rate is three percentage points...

Answered: 1 week ago

Question

★★★★★

1. Which develops first, a neurons axon or its dendritespg105

Answered: 1 week ago

Question

★★★★★

16. What change in the brain is responsible for musicians cramppg105

Answered: 1 week ago

Question

★★★★★

9. At what age does a person have the greatest number of neuronsbefore birth, during childhood, during adolescence, or during adulthoodpg105

Answered: 1 week ago

Previous Question Next Question