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1. Exchange rate shifts that cause the Sing$ to be weaker versus the Brazilian real A. make the export of footwear from Asia-Pacific plants

 

1. Exchange rate shifts that cause the Sing$ to be weaker versus the Brazilian real A. make the export of footwear from Asia-Pacific plants to Latin America less competitive and give rise to negative/favorable exchange rate cost adjustments. B. make the export of footwear from Asia-Pacific plants to Latin America less competitive and give rise to positive/unfavorable exchange rate cost adjustments. C. make the export of footwear from Asia-Pacific plants to Latin America more competitive and give rise to negative/favorable exchange rate cost adjustments. D. make the export of footwear from Asia-Pacific plants to Latin America less competitive and give rise to negative/unfavorable exchange rate cost adjustments. E. None of the above is accurate. 2. Given the following Year 12 Financial Statement data for a footwear company: Year 12 (in 000s) $ 350,000 100,000 63,000 Income Statement Data Net Revenues from Footwear Sales Operating Profit (Loss) Net Profit (Loss) Balance Sheet Data Cash on Hand Total Current Assets Total Assets Overdraft Loan Payable 1-Year Bank Loan Payable Current Portion of Long-term Loans Total Current Liabilities L-T Bank Loans Outstanding Year 11 Year 12 Balance Change 10,000 123,000 29,000 13,000 Total Shareholder Equity 162,000 +13,000 Other Financial Data Shareholder Equity: Common Stock Additional Capital Retained Earnings Depreciation Dividend Payments ACQUR 0 0 10,000 70,000 313,000 5,000 10,000 17,000 48,000 90,000 Year 12 Balance 10,000 123,000 42,000 175,000 11,650 15,000 Based on the above figures, the company's "free cash flow" in Year 12 was A. $63,000 B. ($3,350) C. $59,650 D. $38,500 E. None of these. 10 million aberas of stock outstanding and that its Income tamant for Voor 12 is co

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