Your company is manufacturing a product in India to later be sold in the U.S.A.The labor cost per hour to manufacture the product is 110.60 Rupees (India's currency). You see today that the value of the Rupee against the USD has increased. 18. What would this change in currency value have on your operating expenses?

19. If everything else stays the same (all other costs and sales price) What implications would this change in currency value have on your profit?

20. You are leaving Japan back to the U.S.You need to convert your money (Yen) back to US dollars. You see 3 banks with the exchange rate for USD displayed in the window:

Which bank should you select and how many USD would you get if you are exchanging 583,275 Yen

BANK "A"Buy:104.00Sell:105.55

BANK "B"Buy:105.55Sell:106.55

BANK "C"Buy:104.55Sell:105.00