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Assume the inflation rate in the U.S. is 2.40 percent. The spot rate for a foreign currency is 14210 while the 1-year forward rate is
Assume the inflation rate in the U.S. is 2.40 percent. The spot rate for a foreign currency is 14210 while the 1-year forward rate is 1.4375. What is the approximate rate of inflation in the foreign country? 0 3.56% 3.46% O 3.66% 0 3.26% 3.36% Zebra Technologies has sales of $840,000. The cost of goods sold is equal to 70 percent of sales. The company has an average inventory of $110,000. How many days on average does it take the company to sell its inventory? 66.01 0 68.28 70.55 72.82 75.09
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