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Question 4 Caterpillar currently exports 11.000 tractors to China at the yuan equivalent of USD 25,000 each. The current exchange rate is CNYS/USD but is
Question 4 Caterpillar currently exports 11.000 tractors to China at the yuan equivalent of USD 25,000 each. The current exchange rate is CNYS/USD but is forecasted to be CNY9/USD in the near future. The direct costs are 7546 of the USD sales price. If Caterpillar uses 0% pass-through pricing strategy. what will be its before-tax profit when the yuan declines? USD 61.875,000 USD 33.913,043 USD 38.194,444 O USD 41.666.666 USD 45.138.889
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