QUESTION 1

In New York, you can exchange $1 for 0.8319 or 0.6429. Suppose that, in Berlin, 1 costs 1.2507. How much profit can you earn on $21,368 using triangle arbitrage?

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 2

Your friend from Germany has decided to come and visit you in the United States. You estimate the cost of her trip at $5,513. What is the cost to her in euros if 1 Euro = $1.2074?

1 points

QUESTION 3

ABC Company sells 3,965 chairs a year at an average price per chair of $178. The carrying cost per unit is $15.13. The company orders 236 chairs at a time and has a fixed order cost of $94.8 per order. The chairs are sold out before they are restocked. What are the total shortage 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 4

Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.3088 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 1.1251 euros. What is the cross-rate of euros to Swiss francs (Euro/SF)?

Enter your answer rounded off to FOUR decimal points.

1 points

QUESTION 5

ABC Company sells 3,350 chairs a year at an average price per chair of $148. The carrying cost per unit is $35.71. The company orders 302 chairs at a time and has a fixed order cost of $129 per order. The chairs are sold out before they are restocked. How many orders will company place if it follows the economic order quantity model?

Enter your answer rounded off to two decimal points. Do not enter 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 6

You can exchange $1 for either C$1.0551 or 120.12. What is the cross rate between the Japanese yen and the Canadian dollar? That is, solve for per C$.

Enter your answer rounded off to two decimal points.

1 points

QUESTION 7

The exchange rate is 1.1069 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 9,874 Swiss francs?

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

1 points

QUESTION 8

ABC Company sells 4,357 chairs a year at an average price per chair of $174. The carrying cost per unit is $38.73. The company orders 571 chairs at a time and has a fixed order cost of $113.7 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 9

ABC Company sells 3,845 chairs a year at an average price per chair of $167. The carrying cost per unit is $37.98. The company orders 500 chairs at a time and has a fixed order cost of $64 per order. The chairs are sold out before they are restocked. What is the economic order quantity?

Enter your answer rounded off to two decimal points. Do not enter 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 10

You just returned from a trip to Venezuela and have 2,175 bolivares fuertes in your pocket. How many dollars will you receive when you exchange this money if 1 Venezuelan Bolivar = $0.1403?

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 11

Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.3406 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 1.153 euros. What is the cross-rate of Swiss francs to euros (SF/Euro)?

Enter your answer rounded off to FOUR decimal points.

1 points

QUESTION 12

The exchange rate is 0.9256 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 1 Swiss franc?

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

1 points

QUESTION 13

Suppose one U.S. dollar can purchase 139 yen today. If the yen depreciates by 14% tomorrow, how many yen could one U.S. dollar buy tomorrow?

Enter your answer rounded off to two decimal points. For example, if your answer is 12.345 then enter as 12.35 in the answer box.

1 points