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Question 9 1.2 pts Let's suppose you (USA dealer) imported 10 BMW (7 series) from a German dealer on March 1, 2018 at 50,000 each,
Question 9 1.2 pts Let's suppose you (USA dealer) imported 10 BMW (7 series) from a German dealer on March 1, 2018 at 50,000 each, payable in 30 days. The exchange rate on March 1, 2018 was 1.14 US$/. Then you sold all of them in the US market at US$60,000 (each MBW) in cash on March 29, 2018. On April 1, 2018, you paid in full to German car dealer at the exchange rate of 1.12 US$/. For this scenario, what would be the Inventory at the end of 2018? 570,000 0 600,000 10,000
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