Question
Suppose your company imports computer motherboards from Singapore. The exchange rate is currently 1.2861 S$/US$. You have just placed an order for 28,000 motherboards at
Suppose your company imports computer motherboards from Singapore. The exchange rate is currently 1.2861 S$/US$. You have just placed an order for 28,000 motherboards at a cost to you of 232.00 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 answer to 2 decimal places, e.g., 32.16.) |
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 answer to 2 decimal places, e.g., 32.16.) |
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 answer to 2 decimal places, e.g., 32.16. 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 a positive number. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
Percentage change | % (Click to select)FallRise |
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