Question
Suppose your company imports computer motherboards from Singapore. The exchange rate is given in Figure 21.1. You have just placed an order for 30,000 motherboards
Suppose your company imports computer motherboards from Singapore. The exchange rate is given in Figure 21.1. You have just placed an order for 30,000 motherboards at a cost to you of 233.5 Singapore dollars each. You will pay for the shipment when it arrives in 90 days. You can sell the motherboards for $195 each. |
What is your profit at the current exchange rate? (Do not round intermediate calculations and round your final answer to 2 decimal places.) |
Profit at the current exchange rate | $ |
What is your profit if the exchange rate goes up by 10 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places.) |
Profit if the exchange rate up by 10% | $ |
What is your profit if the exchange rate goes down by 10 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places. Negative amounts should be indicated by a minus sign.) |
Profit if the exchange rate down by 10% | $ |
What is the break-even exchange rate? (Round your answer to 4 decimal places. (e.g., 32.1616)) |
Break-even exchange rate | S$ /$ |
What percentage rise or fall does this represent in terms of the Singapore dollar versus the U.S. dollar? (Input the value as positive numbers.) |
Percentage change | $ % (Click to select)RiseFall |
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