Answered step by step
Verified Expert Solution
Question
1 Approved Answer
I am having a hard time with these exchange rates, I would really appreciate some help!! 4. (5 points) Caterpillar Inc., the world's largest construction-equipment
I am having a hard time with these exchange rates, I would really appreciate some help!!
4. (5 points) Caterpillar Inc., the world's largest construction-equipment manufacturer, sells Cat 740 GC Articulated Truck with a 22.7m3(29.7yd3)/36.3 tonne (40 ton) capacity. Caterpillar exports them to Indonesia and charged $695,000 per truck in January 2021, under the spot exchange rate of IDR 13915.7/USD. However, the spot exchange rate moves to IDR 15671.1/USD in November 2022 and Caterpillar decides to raise the price to IDR 9,995,000,000. Compute the degree of pass through. 4. (5 points) Caterpillar Inc., the world's largest construction-equipment manufacturer, sells Cat 740 GC Articulated Truck with a 22.7m3(29.7yd3)/36.3 tonne (40 ton) capacity. Caterpillar exports them to Indonesia and charged $695,000 per truck in January 2021, under the spot exchange rate of IDR 13915.7/USD. However, the spot exchange rate moves to IDR 15671.1/USD in November 2022 and Caterpillar decides to raise the price to IDR 9,995,000,000. Compute the degree of pass throughStep by Step Solution
There are 3 Steps involved in it
Step: 1
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
The Private Equity Toolkit A Step By Step Guide To Getting Deals Done From Sourcing To Exit
Authors: Tamara Sakovska
1st Edition
1119697107, 978-1119697107
