Required: Calculate the contribution to total performance from currency, country, and stock selection for the manager in the example below. All exchange rates are expressed as units of foreign currency that can be purchased with 1 U.S. dollar. (Do not round intermediate calculations. Round your percentage answers to 2 decimal places. Input all amounts as positive values.) Europe Australasia Far East Currency Selection Country Selection Stock Selection EAFE Weight 0.60 0.10 0.30 Return on Equity Index 20% 18 25 Profit/Loss % relative to EAFE % relative to EAFE % relative to EAFE E1/E 1.10 0.50 1.30 Manager's Weight Manager's Return 0.48 18% 0.20 16 0.32 16

Required: Calculate the contribution to total performance from currency, country, and stock selection for the manager in the example below. All exchange rates are expressed as units of foreign currency that can be purchased with 1 U.S. dollar. (Do not round intermediate calculations. Round your percentage answers to 2 decimal places. Input all amounts as positive values.) Europe Australasia Far East Currency Selection Country Selection Stock Selection EAFE Weight 0.60 0.10 0.30 Return on Equity Index 20% 18 25 Profit/Loss % relative to EAFE % relative to EAFE % relative to EAFE E1/E 1.10 0.50 1.30 Manager's Weight Manager's Return 0.48 18% 0.20 16 0.32 16

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter13: Emerging Topics In Managerial Accounting

Section: Chapter Questions

Problem 47E: Match each term in Column A with its related definition in Column B. Column A 1. ____________ Spot...

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Based on the information provided in the table below, calculate the contribution to total performance from currency, country and stock selection for the manager. All exchange rates are expressed as units of foreign currency that can be purchased with 1 U.S. Dollar. EAFE Weight Return on Equity Index (%) Currency Appreciation E1 / E0 - 1 Manager’s Returns Manager’s Weight (%) Europe 0.3 10 10 0.35 8 Australia 0.1 5 -10 0.10 7 Far East 0.6 15 30 0.55 18
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