Items EURUSO USE/MYR USD/SGD SPOT (28 october 201) 1.1017/18 42200/ 1 MONTH 437/492 74/119 2 MONTH 101/106 152/202 225/285 IMONTH 187/187 27/228 M/42 Table 1: quoted by banks as at 28 October 2014. Based on the above rates, calculate the following (assume no margins or charges are imposed and all exchange control/regulations are complied with) a. Quoting bank sells USD/MYR at value spot b. Quoting bank buys SsGD/MYR fixed 3 month delivery . Exporter sells USD/MYR option spot to 3 month

Items EURUSO USE/MYR USD/SGD SPOT (28 october 201) 1.1017/18 42200/ 1 MONTH 437/492 74/119 2 MONTH 101/106 152/202 225/285 IMONTH 187/187 27/228 M/42 Table 1: quoted by banks as at 28 October 2014. Based on the above rates, calculate the following (assume no margins or charges are imposed and all exchange control/regulations are complied with) a. Quoting bank sells USD/MYR at value spot b. Quoting bank buys SsGD/MYR fixed 3 month delivery . Exporter sells USD/MYR option spot to 3 month

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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8. SAN JOSE Company, non vat registered subject to 3% OPT under sec 116, had the following data in the first quarter of 2018: Accounts receivable, beginning Accounts receivable, ending Trade payable-purchases, beg Trade payable-purchases, end Cash Purchases at list price (Trade discounts given: 10%;20%) 12,500.00 8,000.00 4,000.00 6,500.00 40,000.00 Purchase discount not taken from Cash Purchases 1,000.00 Payments to Trade Suppliers Beginning Inventory Inventory decreased by-- Operating expenses paid 36,300.00 9,500.00 2,800.00 18,700.00 Gross Profit rate is 30% based on cost What is the percentage tax due?
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A7
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