Question: i need help please thank you due Jan 2 1515 Post Discussion: Currency Exchange Risk In this discussion, you will make a total of three
due Jan 2 1515 Post Discussion: Currency Exchange Risk In this discussion, you will make a total of three posts, including one initial post (4 points), one reply to another's post (1 point), and one reply to the reply to your initial post (1 point) Please review the information below that details the requirements for this discussion assignment Initial Post: Be sure to number your response to each question so that your answer corresponds appropriately with the question being asked 1. Find one multi-national American company with sales in multiple countries with different currencies, such as Tesla, GE, GM, Hasbro, Apple, etc. Find its sales/revenue from the Income Statement in its most recent quarterly financial report 10-0 from www.sec.gove. Then from public resources like wsj.com (or just google it), find the currency exchange rate for one major currency used by the firm (1) on January 01, 2021, and (2) on the last day of the fiscal quarter in the 10-Q. Then calculate the sale/revenue with both exchange rates. What is the profit or loss due to the exchange rate change from January 01, 2021, to the last day of the fiscal quarter? (1 point) 2. What are the major reasons for the depreciation or appreciation of the foreign currency in question 1? Do some research and find a fact/data to support your prediction and list the link to the fact/data. (1 point) 3. What is your expectation of the trend of the exchange rate for the currency in (21? Why? Do some research and find a fact/data to support your prediction and list the link to the fact/data. (1 point) 4. What is your expectation of the trend of the exchange rate for the US dollar? Why? Do some research and find a fact/data to support your prediction and list the link to the fact/data. (1 point) Reply to other initial posts: Choose one initial post by your classmates which has NOT to reply yet and reply to it. Your reply could agree or disagree with (2) or (3) in the initial post. Your reply has to provide the fact or data to support your argument in order to get the score. (1 point) Reply to the reply to your initial post: Comment on the reply to your initial post. Your reply could agree or disagree with the reply by others. You must explain why you agree or disagree with the reply. (1 point) Tips for post 1: For example, if Apple's sales in Greater China in the last quarter 10-(June 26, 2021) is $53803000. Then the #1 CNY = $0.1531 on January and W1 CNY = 0.15489 on June 26, 2021. Then the sales in Chinese RMB on June 26, 2021, is 53803000/0.15489=347362644, then the same amount of RMB on January 01, 2021 is worth of 347362644*0.1531=$53181220. The change of $ revenue from Greater China due to the exchange rate change is (53803000-53181220)53181220=0.011=1,1%. It means the same RMB revenue from Great China in June 25 is 1.1% more than on January 01 simply due to the exchange change Tips for a successful post: Use full sentences Be specific and draw from the information Always use a respectful tone. You must make an initial post before you can see what others have posted. due Jan 2 1515 Post Discussion: Currency Exchange Risk In this discussion, you will make a total of three posts, including one initial post (4 points), one reply to another's post (1 point), and one reply to the reply to your initial post (1 point) Please review the information below that details the requirements for this discussion assignment Initial Post: Be sure to number your response to each question so that your answer corresponds appropriately with the question being asked 1. Find one multi-national American company with sales in multiple countries with different currencies, such as Tesla, GE, GM, Hasbro, Apple, etc. Find its sales/revenue from the Income Statement in its most recent quarterly financial report 10-0 from www.sec.gove. Then from public resources like wsj.com (or just google it), find the currency exchange rate for one major currency used by the firm (1) on January 01, 2021, and (2) on the last day of the fiscal quarter in the 10-Q. Then calculate the sale/revenue with both exchange rates. What is the profit or loss due to the exchange rate change from January 01, 2021, to the last day of the fiscal quarter? (1 point) 2. What are the major reasons for the depreciation or appreciation of the foreign currency in question 1? Do some research and find a fact/data to support your prediction and list the link to the fact/data. (1 point) 3. What is your expectation of the trend of the exchange rate for the currency in (21? Why? Do some research and find a fact/data to support your prediction and list the link to the fact/data. (1 point) 4. What is your expectation of the trend of the exchange rate for the US dollar? Why? Do some research and find a fact/data to support your prediction and list the link to the fact/data. (1 point) Reply to other initial posts: Choose one initial post by your classmates which has NOT to reply yet and reply to it. Your reply could agree or disagree with (2) or (3) in the initial post. Your reply has to provide the fact or data to support your argument in order to get the score. (1 point) Reply to the reply to your initial post: Comment on the reply to your initial post. Your reply could agree or disagree with the reply by others. You must explain why you agree or disagree with the reply. (1 point) Tips for post 1: For example, if Apple's sales in Greater China in the last quarter 10-(June 26, 2021) is $53803000. Then the #1 CNY = $0.1531 on January and W1 CNY = 0.15489 on June 26, 2021. Then the sales in Chinese RMB on June 26, 2021, is 53803000/0.15489=347362644, then the same amount of RMB on January 01, 2021 is worth of 347362644*0.1531=$53181220. The change of $ revenue from Greater China due to the exchange rate change is (53803000-53181220)53181220=0.011=1,1%. It means the same RMB revenue from Great China in June 25 is 1.1% more than on January 01 simply due to the exchange change Tips for a successful post: Use full sentences Be specific and draw from the information Always use a respectful tone. You must make an initial post before you can see what others have posted
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