Essentials of Corporate Finance
Essentials of Corporate Finance
8th Edition
ISBN: 9780078034756
Author: Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 17, Problem 20CTCR
Summary Introduction

To discuss: The inventory turnover when a company shifts to a Just-in-time (JIT) management system.

Introduction:

JIT refers to company’s strategy of inventory used for increasing the efficiency and reducing waste by obtaining goods only as they are required in the process production.

Summary Introduction

To discuss: On the total asset turnover and return on equity (ROE) when a company shifts to a Just-in-time (JIT) management system.

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finance problem  i need help step by step..
Suppose that you are a U.S.-based importer of goods from the United Kingdom. You expect the value of the pound to increase against the U.S. dollar over the next 30 days. You will be making payment on a shipment of imported goods in 30 days and want to hedge your currency exposure. The U.S. risk-free rate is 5.5 percent, and the U.K. risk-free rate is 4.5 percent. These rates are expected to remain unchanged over the next month. The current spot rate is $1.90.  1.Move forward 10 days. The spot rate is $1.93. Interest rates are unchanged. Calculate the value of your forward position. Do not round intermediate calculations. Round your answer to 4 decimal places.
Don't solve. I mistakenly submitted blurr image please comment i will write values. please dont Solve with incorrect values otherwise unhelpful.

Chapter 17 Solutions

Essentials of Corporate Finance

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Inventory management; Author: The Finance Storyteller;https://www.youtube.com/watch?v=DZhHSR4_9B4;License: Standard Youtube License