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FromTheMoon [43]
2 years ago
10

Suppose DeGraw Corporation, a U.S. exporter, sold a solar heating station to a Japanese customer at a price of 130.5 million yen

, when the exchange rate was 140.0 yen per dollar. In order to close the sale, DeGraw agreed to make the bill payable in yen, thus agreeing to take some exchange rate risk for the transaction. The terms were net 6 months. If the yen fell against the dollar such that one dollar would buy 154.4 yen when the invoice was paid, what dollar amount would DeGraw actually receive after it exchanged yen for U.S. dollars
Business
1 answer:
myrzilka [38]2 years ago
7 0

Answer:

$845,207.3

Explanation:

Calculation for what dollar amount would DeGraw actually receive after it exchanged yen for U.S. dollars

First step is to calculate the exchange rate of 1 yen for 140.0 yen per dollar and 154.4 yen

Exchange rate of 1 Yen = $1 /140

Exchange rate of 1 Yen= $0.007142858

Exchange rate of 1 Yen = $1 / 154.4

Exchange rate of 1 Yen= $0.006476684

Now since the price for the item bought was 130,500,000 Yen which means that the exchange rate for 1 Yen will be $0.006476684

Now let calculate the dollar amount

Dollar amount=(130,500,000 *$0.006476684) / 1

Dollar amount= $845,207.3

Therefore the dollar amount that DeGraw would actually receive after it exchanged yen for U.S. dollars is $845,207.3

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Answer:

Different countries have different advertising/promotional laws. Plus you have no target market if you're creating a promotional message to use for all countries. Also, assuming if your promotional message inspired, say a person in Africa, a person in Russia, a person in China, and a person in Japan bought a product from your promotion, you would have to ship to all of those countries with extreme shipping rates.

5 0
3 years ago
The following proceeds received by Grove City in year 1 are legally restricted to expenditure for specified purposes: Donation b
tatiyna

Answer:

The $1,200,000 should be accounted for in Grove’s special revenue funds

Explanation:

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3 years ago
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jeka57 [31]

The spread between the interest rates on bonds with default risk and default-free bonds is called the risk premium.

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To learn more, please check: brainly.com/question/4304080?referrer=searchResults

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