Country/Currencyin US$per US$AmericasArgentina peso.016760.0116Brazil real.23914.1816Canada dollar.76081.3145Chile peso001287777.3Colombia peso.0002973365.07Ecuador US dollor1Mexico peso.053218.7872Uruguay peso.0267837.34Asia-PacificAustralian dollar.68251.46521 month3 month.68221.4659.68131.46786 month.67991.4708China yuan.14426.9367Hong Kong dollar.12877.7725India rupee.0140271.316Indonesia rupiah000073713573Japan yen1 month.00915109.28.00915109.293 month.00915109.306 month.00915109.31Kazakhstan tenge.00264378.6Macau pataca.12489238.007Malaysia ringgit.2464.0655New Zealand dollar.66071.5135Pakistan rupee.00647154.63Philippines peso.019750.801Singapore dollar.74001.3514South Korea won.00085461170.2Sri Lanka rupee.0055063181.61Taiwan dollar.0332830.05Thailand baht.0327230.56Vietnam dong.0000431523173EuropeBulgaria lev.563821.774Croatia kuna.14816.75Czech Republic koruna.0438122.827Denmark krone.14756.778Euro area euro1.1026.9070Hungary forint.00327912304.96Iceland krona.008025124.61Norway kronePoland zloty.11059.0484.2593.8614Romania leu.23064.336Russia ruble.0161162.073Sweden krona.10459.5669Switzerland franc1.0297.97121 month1.0317.96933 month6 month1.0358.96541.0418.9599Turkey liraUkraine hryvniaUK pound1 month.16845.9391.040724.56521.3074.76491.3062.76563 month1.3049.76636 month1.3038.767Middle East/AfricaBahrain dinar2.6529.3769Egypt pound.063315.8006Israel shekel.28943.455Kuwait dinar3.2912.3038Oman sul rial2.5974.39Qatar rial.27473.6408Saudi Arabia riyal.26653.7517South Africa rand.069514.3928 Suppose your company..rate is given in Figure 21.1 You have just placed an order for 30,000 motherboards at acost to you of 218.50 Singapore dollars each. You will pay for the shipment when itarrives in 90 days. You can sell the motherboards for $175 each.imports computer motherboards from Singapore. The exchangea.What is your profit at the current exchange rate? (Do not round intermediate calculations andround your answer to 2 decimal places, e.g., 32.16.)b.What is your profit if the exchange rate goes up by 10 percent over the next 90 days? (Do notround intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)c. What is your profit if the exchange rate goes down by 10 percent over the next 90 days? (Anegative answer should be indicated by a minus sign. Do not round intermediate calculationsand round your answer to 2 decimal places, e.g., 32.16. )d.What is the break-even exchange rate? (Round your answer to 4 decimal places, e.g., 32.1616.)e.What percentage rise or fall does this represent in terms of the Singapore dollar versus the U.S.dollar? (Input the value as a positive number. Enter your answer as a percent rounded to 2decimal places, e.g., 32.16.)X Answer is not complete.a. Profit at current exchange rateb. Profit if the exchange rate increases 10 percentc. Profit if the exchange rate decreases 10 percentd. Break-even exchange rate S$/24e. Percentage change7.61%Fall

The question is based on the concept of Financial Management. As per the Bartleby guidelines we are…

Suppose your company imports computer motherboards from Singapore. The exchange rate is given in Figure 21.1 You have just placed an order for 30,000 motherboards at a cost to you of "218.50 Singapore dollars each. You will pay for the shipment when it arrives in 90 days. You can sell the motherboards for $175 each. ...... a.What is your profit at the current exchange rate? (Do not round intermediate calculations an round your answer to 2 decimal places, e.g., 32.16.) b.What is your profit if the exchange rate goes up by 10 percent over the next 90 days? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What is your profit if the exchange rate goes down by 10 percent over the next 90 days? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. ) d.What is the break-even exchange rate? (Round your answer to 4 decimal places, e.g., 32.1616.) e.What percentage rise or fall does this represent in terms of the Singapore dollar versus the U.S.

Suppose your company imports computer motherboards from Singapore. The exchange rate is given in Figure 21.1 You have just placed an order for 30,000 motherboards at a cost to you of "218.50 Singapore dollars each. You will pay for the shipment when it arrives in 90 days. You can sell the motherboards for $175 each. ...... a.What is your profit at the current exchange rate? (Do not round intermediate calculations an round your answer to 2 decimal places, e.g., 32.16.) b.What is your profit if the exchange rate goes up by 10 percent over the next 90 days? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What is your profit if the exchange rate goes down by 10 percent over the next 90 days? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. ) d.What is the break-even exchange rate? (Round your answer to 4 decimal places, e.g., 32.1616.) e.What percentage rise or fall does this represent in terms of the Singapore dollar versus the U.S.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Suppose your company imports computer motherboards from Singapore. The exchange rate is currently 1.3356 S$/US$. You have just placed an order for 30,000 motherboards at a cost to you of 218.50 Singapore dollars each. You will pay for the shipment when it arrives in 90 days. You can sell the motherboards for $175 each. a. Calculate your profit if the exchange rate stays the same over the next 90 days. Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. Calculate your profit if the exchange rate rises by 10 percent over the next 90 days. Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. c. Calculate your profit if the exchange rate falls by 10 percent over the next 90 days. Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. d. What is the break-even exchange rate? Note: Do not round…
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