5

1. You are given the following quotes:

   U.S. dollar/BrazilianReal = 0.3244

   U.S. dollar/Australian Dollar = 0.6078

   U.S dollar/Chinese Yuan = 0.1539

   What is the Brazilian Real/Australian Dollar cross rate?

   Enter your answer rounded off to FOUR decimal points.

1 points

QUESTION 6

1. ABC Company has the following projected sales:

   Month	Sales
   Jan	$2,480
   Feb	$2,504
   Mar	$16,491
   Apr	$38,547

   21% of the sales are collected in the same month. 18% of the sales are collected after onemonth, 15% of the sales are collected after two months, and the remainder are collected after three month. What is the amount of the April collections?

   Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.

1 points

QUESTION 7

1. ABC Company currently has a cash cycle of 216 days. The firm is considering making some changes as follows: (i) increase the inventory period by 98 days, (ii) increase the accounts receivable period by 39 days, and (iii) increase the accounts payable period by 25 days. Calculate the number of days in the new cash cycle after the above changes become effective?That is, what is the new cash cycle?

1 points

QUESTION 8

1. ABC Company has projected Sales of$27,770in January.The sales are expected to grow by4%each month.ABC's collection schedule is as follows:

   ABC collects15percent of its sales in the month of sale and theremainderis collected in thefollowingmonth. What is the amount of the Aprilcashcollections?

   Enter your answer rounded off to two decimal points.Do not enter$or comma in the answer box.For example,if your answer is$12.345then enter as12.35in the answer box.

1 points

QUESTION 9

1. ABC Company sells 2,635 chairs a year at an average price per chair of $131. The carrying cost per unit is $20.77. The company orders 324 chairs at a time and has a fixed order cost of $74.6 per order. The chairs are sold out before they are restocked. What are the total carrying costs?

   Enter your answer rounded off to two decimal points. Do not enter comma or $ in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box.

1 points

QUESTION 10

1. The exchange rates in New Yorkare:$1=AUD1.2649and$1=0.6223 A dealer is offering aquote:AUD1= 0.8687. What is the profit you can earn on$10,862using triangle arbitrage?

   Enter your answer round off two two decimal points.