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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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2 years ago
Analyse eskom in terms of the characteristics of a monopoly
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3 years ago
Beautiful Lawns Company estimates its doubtful accounts by aging its accounts receivable and applying percentages to various age
mr_godi [17]

Answer:

$3,000

Explanation:

Calculation to determine How much bad debts expense will Beautiful Lawns report in 2016

Using this formula

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8 0
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kondor19780726 [428]

Answer:

The correct answer is letter "C": sales minus costs of intermediate goods.

Explanation:

Value Added is used to describe the extra something a company does to a product that makes it worth more than the cost of its underlying parts. For economists, value-added is the <em>difference between the gross revenue for an industry</em> (sales) <em>and the sum of the labor, materials, and services </em>(intermediate goods) <em>purchased to produce the goods that generated the revenue.</em>

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Answer:

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Explanation: I put this as my answer and got it right. :)

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