Answer:
invest = $96,914
so correct option is d. $96,914
Explanation:
given data
forward rate of the Swiss franc = $.50
spot rate of the Swiss franc = $.48
pay a sum = SF200,000
solution
we know Borrow is here
Borrow =
Borrow = SF190,476
and
when we convert it will be
Convert SF190,476 is
Convert = SF190,476 × $.48 = $91,428
so investment at 6 % is
Invest = 6 % of $91,428 + $91,428
invest = $5485.68 + $91,428
invest = $96,914
so correct option is d. $96,914
Answer:
raw material inventory turnover = 4.42
number of days sale in raw materials inventory = 21.97
Explanation:
given data
beginning inventory = $930 million
ending inventory = $880 million
purchased raw materials = $3,956 million
used raw materials = $4,006 million
solution
we get here first raw material inventory for turnover that is
raw material inventory turnover = ..............1
here average raw material inventory =
average raw material inventory = $905 million
so from equation 1
raw material inventory turnover =
raw material inventory turnover = 4.42
and
now number of days' sales in raw materials inventory will be as
number of days sale in raw materials inventory = × 365 .............2
put here value
number of days sale in raw materials inventory = × 365
number of days sale in raw materials inventory = 21.97