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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.

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The correct option is a. $7.50.

Explanation:

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The explanation of the answer is now provided as follows:

Activity-based costing is a costing system that involves identifying an organization's activities and assigning the cost of each activity to all products and services based on actual consumption.

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Therefore, we have:

Cost of services for a haircut = (Units of Hair Washing * Rate of Hair Washing) + (Units of Conditioning * Rate of Conditioning) = (1 * $4.00) + (1  $3.50) = $4.00 + $3.50 = $7.50

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2 years ago
How a researcher knows what is topical within his or her subject and why it is important to know that
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You must select one study topic that can be thoroughly studied. Clearly define your bounds. Take into account this illustration of topic concentration. Try this question instead of "I am interested in why children are not succeeding": "What effect does comprehending specialised academic language have on accomplishment in the natural sciences for third-grade Hispanic second-language learners?"

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The correct answer is letter "B": cost-benefit assessment.

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Answer:

The effective rate of protection for the U.S. steel industry is approximately 17.5%

Explanation:

Mathematically, the effective rate of protection is calculated as follows;

e = (n-ab)/(1-a)

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