Suppose your company imports computer motherboards from Singapore. The exchange rate is currently 1.5133 S$/USS....
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Suppose your company imports computer motherboards from Singapore. The exchange rate is currently 1.5133 S$/USS. You have just placed an order for 34,000 motherboards at a cost to you of 230.95 Singapore dollars each. You will pay for the shipment when it arrives in 90 days. You can sell the motherboards for $164 each. Calculate your profit if the exchange rates stay the same over the next 90 days. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) Profit $ Calculate your profit if the exchange rate rises by 8 percent over the next 90 days. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g, 32.16) ProfitS Calculate your profit if the exchange rate falls by 8 percent over the next 90 days. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places,e.g. 32.16. ProfitS What is the break-even exchange rate? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g 32.1616.) Break-oven exchange rate S$ What percentage decrease does this represent in terms of the Singapore dollar versus the U.S. dollar? (Enter your answer as a positive value. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places,e.g., 32.16) Percentage decrease
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