Question
XYZ company has 2 million shares outstanding and recently announced annual earnings of 5,000,000, what is its EPS ? $0.10 $0.025 $2.5 $0.25 2. A
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XYZ company has 2 million shares outstanding and recently announced annual earnings of 5,000,000, what is its EPS ?
$0.10
$0.025
$2.5
$0.25
2. A US company agrees to purchase 1,000,000 pieces of merchandise from China at the price of 14 yuans per piece. At the time of the agreement the exchange rate was 7 yuans per USD and the US company buys a forward contract from a Bank for the total shipment of the merchandise at the exchange rate of 7 yuan per USD. The bank charges 0.02 USD for every yuan to be converted. What is the cost of the shipment for the importer? (include the cost of the contract)
A. $14,200,000
B . $1,420,000
C. $2,280,000
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Mission Ready Finances Proven Principles To Guide Your Story To Financial Freedom
Authors: Marco Parzych
1st Edition
173321531X, 978-1733215312
