User Account

All Pages

Calculate the exw price and the fas price

Assignment Help Finance Basics
Reference no: EM133070530

You are trying to determine how much it will cost to import screwdrivers from a factory in Hong Kong. Luckily all of the associated costs are provided in Canadian dollars (CAD) so you won't have to mess around with foreign exchange rates. The factory builds in a profit listed as Factory's Profit Margin %. The agent, who provides inspection and other services charges Foreign Agents Commission % on total cost of the goods including the Factory's Profit Margin %. (So, Total Export Cost of Goods = [COGS + Profit %) X Agent's Commission] ) Calculate the EXW price, the FAS price, and the CIF price. Use the data on the spreadsheet to make your calculations. Note: Please provide all answers to two (2) decimal places.

Q1-Recreational Product

1

Wholesale List Price CAD

1,900.00

CIF Cost CAD

4,000.00

Duty Rate %

9.40%

Distributor's Markup %

100.00%

Retailer's Markup %

48.50%

Reference no: EM133070530

Questions Cloud

Amount of the projected operating cash flow : For next year, By-Way has projected sales of $435,000, costs of $254,000, depreciation of $35,000, interest expense of $22,000, and taxes of $28,500.
Create a global top independent energy company : This year, the RH Recruitment Manager has selected the leading blue chip Australian company BHP as a test case study for all candidates who will apply for the J
Calculate aaa estimated liability for premium claims : Calculate AAA's estimated liability for premium claims, and make an adjustment journal entry on December 31, 2019. Show your calculations clearly
Calculating future values : Compute the future value of $1,000 compounded annually for (a) 10 years at 6 percent, (b) 10 years at 12 percent, (c) 20 years at 6 percent, (d) why is the inte
Calculate the exw price and the fas price : You are trying to determine how much it will cost to import screwdrivers from a factory in Hong Kong. Luckily all of the associated costs are provided in Canadi
Importance of knowledge of cost of capital of coles : Discuss the importance of the knowledge of the cost of capital of Coles (or any supermarkets).
Evaluate the design and operation : Event proposal within a broader framing of festival and event concepts covered in the module and reflects critically on their learning
Explain the importance of the accounting rate of return : ABC public limited company is considering four projects to invest in, projects A, B, C and D. All the projects will require an initial investment of £200,000.
Calculate the average real risk premium earned : Using the approximate fisher equation, calculate the average real risk premium earned on long-term government bonds

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd