You have been asked to analyze the bids for 200 polished disks used in solar panels. These bids have been submitted by three suppliers: Thailand Polishing, India Shine, and Sacramento Glow. Thailand Polishing has submitted a bid of 2,400 baht. India Shine has submitted a bid of 2,400 rupee. Sacramento Glow has submitted a bid of $240. You check with your local bank and find that $1 = 10 baht and $1 = 8 rupee. The price per unit for Thailand Polishing = $ 1.20. (Enter your response rounded to the nearest penny.) The price per unit for India Shine = $ 1.50. (Enter your response rounded to the nearest penny.) The price per unit for Sacramento Glow = $ 1.23. (Enter your response rounded to the nearest penny.)

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
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You have been asked to analyze the bids for 200 polished disks used in solar panels. These bids have been submitted by
three suppliers: Thailand Polishing, India Shine, and Sacramento Glow. Thailand Polishing has submitted a bid of 2,400
baht. India Shine has submitted a bid of 2,400 rupee. Sacramento Glow has submitted a bid of $240. You check with your
local bank and find that $1 = 10 baht and $1 = 8 rupee.
The price per unit for Thailand Polishing = $ 1.20. (Enter your response rounded to the nearest penny.)
The price per unit for India Shine = $ 1.50. (Enter your response rounded to the nearest penny.)
The price per unit for Sacramento Glow = $ 1.23. (Enter your response rounded to the nearest penny.)
Transcribed Image Text:You have been asked to analyze the bids for 200 polished disks used in solar panels. These bids have been submitted by three suppliers: Thailand Polishing, India Shine, and Sacramento Glow. Thailand Polishing has submitted a bid of 2,400 baht. India Shine has submitted a bid of 2,400 rupee. Sacramento Glow has submitted a bid of $240. You check with your local bank and find that $1 = 10 baht and $1 = 8 rupee. The price per unit for Thailand Polishing = $ 1.20. (Enter your response rounded to the nearest penny.) The price per unit for India Shine = $ 1.50. (Enter your response rounded to the nearest penny.) The price per unit for Sacramento Glow = $ 1.23. (Enter your response rounded to the nearest penny.)
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