An company exports a certain commordity, the total quantity is 10 metric tons, packed in cartons, gross weight is 22 kgs per carton, net weight is 20 kgs per carton, volume is 0.03 cubic meters per carton. Total domestic cost RMB 1 000 per metric ton and export price USD300 per metric ton CFR Karachi. Ocean freight is calculated on a W/M basis. According to the tariff table, freight from Dalian to Karachi is USD52 per F/T. Rate of foreign exchange: USD1.00=RMB6.50 (1) What is the foreign exchange cost of export products (2) What are the Profit and Loss rate of export products ?
An company exports a certain commordity, the total quantity is 10 metric tons, packed in cartons, gross weight is 22 kgs per carton, net weight is 20 kgs per carton, volume is 0.03 cubic meters per carton. Total domestic cost RMB 1 000 per metric ton and export price USD300 per metric ton CFR Karachi. Ocean freight is calculated on a W/M basis. According to the tariff table, freight from Dalian to Karachi is USD52 per F/T. Rate of foreign exchange: USD1.00=RMB6.50 (1) What is the foreign exchange cost of export products (2) What are the Profit and Loss rate of export products ?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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