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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Suppose your company imports computer motherboards from Singapore. The exchange rate is currently 1.2943 S$/US$. You have just placed an order for 24,000 motherboards at a cost to you of 239.00 Singapore dollars each. You will pay for the shipment when it arrives in 90 days. You can sell the motherboards for $200 each.
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1. What is your profit at the current exchange rate? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
2.What is your profit if the exchange rate goes up by 10 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
3.What is your profit if the exchange rate goes down by 10 percent?
4.What is the break-even exchange rate? (Round your answer to 4 decimal places. (e.g., 32.1616))
5.What percentage rise or fall does this represent in terms of the Singapore dollar versus the U.S. dollar? (Input the value as positive numbers.)
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