1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lilit [14]
3 years ago
5

FutureForm, a U.S. company, imports microprocessors from Japan. The company must pay in yen to the Japanese supplier within 30 d

ays. In a particular exchange, the company must pay the Japanese supplier ¥150,000 for each microprocessor at the current dollar/yen spot exchange rate of $1 = ¥110. FutureForm intends to resell the microprocessors the day they arrive for $1,600 each but it does not have the funds to pay the Japanese supplier until these have been sold. What will happen if the exchange rate after 30 days is $1 = ¥90?
Business
1 answer:
Gnoma [55]3 years ago
7 0

Answer:

The price per microprocessor will increase to $1,666.67 from $1,363.64 which was the price when they received them.

Explanation:

At the day that FutureForm receives the microprocessors, it owes its Japanese supplier $1,363.64 per microprocessor. Since FutureForm didn't have the money to them immediately and had to wait one month to collect it, the amount owed per microprocessor increased to $1,666.67. This happened because the Japanese yen appreciated against the US dollar and now you need more US dollars to buy the same amount of Japanese yens.

You might be interested in
A country that believes an imported product is being sold in its market for a price lower than the cost of production for the pr
Marina CMI [18]

Answer:

Antidumping duty

Explanation:

Dumping occurs when manufacturers decides to export products to other countries at prices below their cost of production. This is what is happened in this scenario. In trying to combat dumping, the importing country may impose antidumping duty.

Now antidumping duty involves putting a tariff on imported goods that are believed to be sold at prices lower than production cost. By increasing their tariffs, it is expected that the exporters in turn increases the prices of the goods they are exporting.

4 0
3 years ago
Type the correct answer in the box. Which marketing-related concept is described in the following scenario? The booming Industri
DanielleElmas [232]

<u>Answer: </u>Production concept

<u>Explanation:</u>

Production concept is based on concentrating on the efficiency of the production and manufacturing. The basis of production concept is to make the goods available to the consumer at affordable prices. By producing in mass quantities the companies believed they can reduce the cost of production.

Also that supply can be increased when the cost of production is lower. Economies of scale can be achieved by the company when they reduce cost of production they can increase their profit earning capacity.

4 0
2 years ago
Select the correct answer. Which definition refers to visual merchandising? A. the art of presenting merchandise in a creative w
WITCHER [35]

Answer:

A

Explanation:

the art of presenting merchandise in a creative way that helps the store reach out to people

(if its not a, then its d)

6 0
2 years ago
Read 2 more answers
An increase in input costs in the production of electric automobiles caused the price of electric automobiles to rise. Holding e
Tanzania [10]

Answer:

4. The demand for gasoline-powered automobiles would increase and the equilibrium price of gasoline-powered automobiles would increase.

Explanation:

Substitute goods are goods that can be used in place of each other.

If the price of electric automobiles rises, the automobile becomes more expensive for consumers. Consumers would reduce the quantity demanded of the electric automobile and shift its demand to gas powered automobiles.

As a result, the demand for gas automobiles increases and the equilibrium price would increase too.

I hope my answer helps you

8 0
2 years ago
From an operations standpoint, one of the goals of the firm under the theory of constraints is to increase throughput while simu
OverLord2011 [107]

Answer:

True

Explanation:

The theory of constraints focuses on establishing the most important limiting factor or constraint in a business and improve it in order to improve the whole company's performance.

In simple terms, a company recognizes their greatest weakness and tries to improve it, so that it no longer represents a limitation.

This theory was originally developed for manufacturing companies, and it was meant to reduce bottlenecks (manufacturing constraints). Therefore one of its main goals is to lower inventory levels and operating costs while increasing production output.

8 0
2 years ago
Other questions:
  • Which of the following transactions would qualify as an "arm's length transaction"?
    11·1 answer
  • Population of the city of Atlantis on March 30, 2003 = 193,000 No. of new active cases of TB occurring between January 1 and Jun
    15·1 answer
  • Pioneer Chicken advertises "lite" chicken with 30% fewer calories than standard chicken. When the process for "lite" chicken bre
    9·1 answer
  • Which of the following should you NOT do when collecting and evaluating data on your market?
    13·1 answer
  • Joaquin has $1,300 in the bank and has investments worth $4,000. He also has $7,000 worth of credit card debt. What is the total
    6·1 answer
  • Five years ago, Tom loaned his son John $20,000 to start a business. A note was executed with an interest rate of 8%, which is t
    14·1 answer
  • In QuickBooks Online, the Products and Services list contains the items that will appear on your client's purchase and sales tra
    15·2 answers
  • Relationship between public and private sector in mixed economy?​
    14·1 answer
  • A computer sends a packet of information along a channel and waits for a return signal acknowledging that the packet has been re
    8·1 answer
  • At a local manufacturing plant, about 20 percent of the engineers work full-time as independent contractors for a maximum of thr
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!