Finder Health Corp is one of the biggest companies in the United States with the market capital $69.2 billion. It also operated in Singapore and United Kingdom. Below are the details of the transactions for Finder Health Corp throughout the year: i. The total sales produced for each countries is 900,000 units. United States produce 500 000 units with USD25 per unit, 200000 units is from Singapore at SGD18 and the remaining balance is from United Kingdom at GBP30 per unit. ii. In order to reduce the cost of production, Finder Health Corp import the cost of material which imported from United Kingdom is 400000 unit at GBP15 per unit. The balance was incurred in Singapore where the cost of material is SGD15 per unit.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question
(Question 3)
Finder Health Corp is one of the biggest companies in the United States with the
market capital $69.2 billion. It also operated in Singapore and United Kingdom.
Below are the details of the transactions for Finder Health Corp throughout the year:
i. The total sales produced for each countries is 900,000 units. United
States produce 500 000 units with USD25 per unit, 200000 units is from
Singapore at SGD18 and the remaining balance is from United Kingdom at
GBP30 per unit.
ii. In order to reduce the cost of production, Finder Health Corp import the
cost of material which imported from United Kingdom is 400000 unit at GBP15
per unit. The balance was incurred in Singapore where the cost of material is
SGD15 per unit.
iii. Fixed costs is USD 950000 and variable operating expenses represent
approximately 10 percent of each from United States and only United Kingdom
which out of their sales.
iv. Interest expense is estimated at SGD 75000 on Singapore loans only.
v. The exchange rate provides starting from SGD1.36/USD, SGD1.40/USD
and SGD1.42/USD for Singapore and GBP 0.74/USD, GBP0.78/USD and
GBP0.80/USD for United Kingdom by following three scenarios.
Show the forecasted net cash flow in three scenarios for Finder Health Corp.
Transcribed Image Text:(Question 3) Finder Health Corp is one of the biggest companies in the United States with the market capital $69.2 billion. It also operated in Singapore and United Kingdom. Below are the details of the transactions for Finder Health Corp throughout the year: i. The total sales produced for each countries is 900,000 units. United States produce 500 000 units with USD25 per unit, 200000 units is from Singapore at SGD18 and the remaining balance is from United Kingdom at GBP30 per unit. ii. In order to reduce the cost of production, Finder Health Corp import the cost of material which imported from United Kingdom is 400000 unit at GBP15 per unit. The balance was incurred in Singapore where the cost of material is SGD15 per unit. iii. Fixed costs is USD 950000 and variable operating expenses represent approximately 10 percent of each from United States and only United Kingdom which out of their sales. iv. Interest expense is estimated at SGD 75000 on Singapore loans only. v. The exchange rate provides starting from SGD1.36/USD, SGD1.40/USD and SGD1.42/USD for Singapore and GBP 0.74/USD, GBP0.78/USD and GBP0.80/USD for United Kingdom by following three scenarios. Show the forecasted net cash flow in three scenarios for Finder Health Corp.
Expert Solution
steps

Step by step

Solved in 3 steps with 2 images

Blurred answer
Knowledge Booster
Income Statement Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education