User Account

All Pages

How much the haier-china will make a profit or loss

Assignment Help Financial Accounting
Reference no: EM132769789

Problem 1: Haier-China can borrow fund in China with an interest rate of 11.23% to invest 1.62 million Australian dollars (A$) and expected return of A$1.93 million next year. Assume that Haier-China and Biopharma-Australia engages in a parallel loan in which the Biopharma-Australia gives Haier-China A$1.62 million in exchange for a loan in Chinese yuan (CNY) at the current exchange rate CNY3.2255/A$. These loans will be repaid by both parties at the end of one year. Assume that next year, Haier-China will pay Biopharma-Australia 14.37% interest on A$1.62 million and that the Biopharma-Australia will pay Haier-China 7.48% interest on the Chinese yuan loan. Also, Haier-China believes that the A$ will appreciate to CNY3.6698/A$ next year. How much the Haier-China will make a profit or loss in CNY from this parallel loan agreement in one year. (enter the whole number without sign or symbol)

Reference no: EM132769789

Questions Cloud

How much interest can be capitalised in ppe as a result : An entity capitalises borrowing costs, How much interest can be capitalised in PPE as a result of this construction in the year ended 30 June 2016?
Compute the direct labor price and efficiency variances : The standard direct labor cost per unit for a company was $48 (= $32 per hour × 1.5 hours per unit). Compute the direct labor price and efficiency variances
Does given require an informed and intelligent citizenry : Justice Holmes said "the best test of truth is the power of the thought to get itself accepted in the competition of the market." He was referring to the market
Create lease amortization table for the lease for DEF : Fair value of machinery at inception of the lease: $100,000. Create lease amortization table for the lease for DEF
How much the haier-china will make a profit or loss : How much the Haier-China will make a profit or loss in CNY from this parallel loan agreement in one year. (enter the whole number without sign or symbol)
Optimal profit and optimal values of the decision variables : Find the optimal profit and optimal values of the decision variables - Show the feasible region and the optimal solution on the graph. Annotate all lines
Why good leaders make you feel safe : What qualities does this leader possess that make you feel a sense of security? What values and beliefs do you and this leader have in common?
What should the firm do : A firm has found itself having cash flow problems. It would be forced to pay a rate of 24 percent compounded monthly on the loan. What should the firm do?
What is the initial measurement of noncontrolling interest : What is the initial measurement of noncontrolling interest in net assets in the consolidated statement of financial position

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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