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.

Fundamentals of Financial Management, Concise Edition (MindTap Course List)

9th Edition

ISBN:9781305635937

Author:Eugene F. Brigham, Joel F. Houston

Publisher:Eugene F. Brigham, Joel F. Houston

Chapter17: Multinational Financial Management

Section: Chapter Questions

Problem 1DQ: DISCUSSION QUESTIONS Recreate Table 17.1 for the following currencies: Australian dollar, British...

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DISCUSSION QUESTIONS Recreate Table 17.1 for the following currencies: Australian dollar, British pound, Canadian dollar, Chinese yuan, Euro, Japanese yen, and Swiss franc. Be sure to show both the direct quotations and indirect quotations. TABLE 17.1 Sample Exchange Rates: Friday, May 29, 2015 Direct Quotation: U.S. Dollars Required to Buy One Unit of Foreign Currency (1) Indirect Quotation: Number of Units of Foreign Currency per U.S. Dollar (2) Australian dollar 0.7644 1.3082 Brazilian real 0.3145 3.1793 British pound 1.5290 0.6540 Canadian dollar 0.8030 1.2454 Chinese yuan 0.1613 6.2004 Danish krone 0.1473 6.788 EMU euro 1.0993 0.9097 Hungarian forint 0.00355404 281.37 Israeli shekel 0.2586 3.8673 Japanese yen 0.00806 124.14 Mexican peso 0.0650 15.3776 South African rand 0.0823 12.1557 Swedish krona 0.1174 8.5195 Swiss franc 1.0636 0.9402 Venezuelan bolivar fuerte 0.1587289 6.3001 Nate: Column 2 equals 1.0 divided by column 1. However, rounding differences do occur. Source: Adapted from The Wall Street Journal (online.wsj.com). June 1, 2015.
Use the information below to answer the following questions. U.S. $ EQUIVALENT CURRENCY PER U.S. $ Polish Zloty .2978 3.3576 Euro 1.2198 .8198 Mexican Peso .0752 13.2988 Swiss Franc 1.0173 .9830 Chilean Peso .002071 482.80 New Zealand Dollar .8087 1.2366 Singapore Dollar .8010 1.2484 a. If you have $180, how many Polish zloty can you get? (Do not include the Polish zloty sign (Z). Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. How much is one euro worth in U.S. dollars? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.) c. If you have 5.80 million euros, how many dollars do you have? (Do not round intermediate calculations and round your answer to…
Use the information below to answer the following questions. U.S. $ EQUIVALENT CURRENCY PER U.S. $ Polish Zloty .2981 3.3546 Euro 1.2243 .8168 Mexican Peso .0752 13.2985 Swiss Franc 1.0204 .9800 Chilean Peso .002071 482.80 New Zealand Dollar .8089 1.2363 Singapore Dollar .8012 1.2481 a. b. c. d. Which is worth more, a New Zealand dollar or a Singapore dollar? e. Which is worth more, a Mexican peso or a Chilean peso? f-1. How many Swiss francs can you get for a euro? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.) f-2. What do you call this rate?
U.S. $ EQUIVALENT CURRENCY PER U.S. $ Polish Zloty .2984 3.3516 Euro 1.2288 .8138 Mexican Peso .0752 13.2982 Swiss Franc 1.0235 .9770 Chilean Peso .002071 482.80 New Zealand Dollar .8091 1.2360 Singapore Dollar .8014 1.2478 a. If you have $200, how many Polish zloty can you get? (Do not include the Polish zloty sign (Z). Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. How much is one euro worth in U.S. dollars? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.) c. If you have 5.20 million euros, how many dollars do you have? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 1,234,567.) d. Which is worth more, a New…
Use the information below to answer the following questions. U.S. $ EQUIVALENT CURRENCY PER U.S. $ Polish Zloty .2977 3.3586 Euro 1.2183 .8208 Mexican Peso .0752 13.2989 Swiss Franc 1.0163 .9840 Chilean Peso .002071 482.80 New Zealand Dollar .8086 1.2367 Singapore Dollar .8010 1.2485 a. If you have $200, how many Polish zloty can you get? (Do not include the Polish zloty sign (Z). Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. How much is one euro worth in U.S. dollars? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.) c. If you have 5.90 million euros, how many dollars do you have? (Do not round intermediate calculations and round your answer to…
Currecny Dollars per Foregn Foreign per Dollar British Pound 1.678 0.5958 Canadian Dollar 0.7483 1.336 European Euro 1.169 0.8554 Japenese Yen 0.008482 117.9 Mexican Peso 0.0943 10.6045 You wish to exchange 200 British pounds for Japenese yen. How many yen do you receive?
Using the USD exchange rate, approximately how many Canadian dollars can you buy for 2500 Swiss Francs? Currency Exchange Rates USD $ Euro € Yen ¥Canadian Dollar 1.21 1.45 0.008Euro 0.81 1 0.00865Japanese Yen 104.5 115.6 1US Dollar 1 1.24 0.00957Swiss Franc 1.35 1.65 0.00120
The following are quotes for four currencies with the quote in terms of US dollars per unit. Complete the values in the second column: Currency Units Per US Dollars US Dollars Per Unit EUR (eur) ? 1.1325477382 GBP (British pound) ? 1.3077000000 INR (Indian rupee) ? 0.0148968912 AUD (Australian dollar) ? 0.76263500000
What is $246.20 Canadian Dollars in U.S. Dollars? ($1 Canadian Dollar = $0.76 U.S. Dollar)
The foreign exchange board for Atlasmara Zambia is displaying rates shown below; Buying Selling USD16.2608 16.5893 GBP 19.3438 19.7436 EUR 16.3616 16.6921 ZAR 0.9524 0.9716 What is the USD/GBP rate?
K Use the currency exchange rates in the table for the following question. As you leave Halifax, you convert 378 Canadian dollars to U.S. dollars. How many dollars do you receive? You receive $ in U.S. dollars. (Round to two decimal places as needed.) ... Currency British pound Canadian dollar European euro Japanese yen Mexican peso Dollars per Foreign 1.356 0.7828 1.225 0.009694 0.05035 Foreign per Dollar 0.7376 1.277 0.8165 103.2 19.86
4) Brief, Inc., had a receivable from a foreign customer that is payable in the customer’s local currency. On December 31, 2020, Brief correctly included this receivable for 200,000 local currency units (LCU) in its balance sheet at $110,000. When Brief collected the receivable on February 15, 2021, the U.S. dollar equivalent was $120,000. In Brief’s 2021 consolidated income statement, how much should it report as a foreign exchange gain? a) $–0– b)$10,000 c) $15,000 d) $25,000