What is your profit at the current exchange rate

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Reference no: EM131302571

Suppose your company imports computer motherboards from Singapore. The exchange rate is given in Figure 21.1. You have just placed an order for 30,000 motherboards at a cost to you of 233.5 Singapore dollars each. You will pay for the shipment when it arrives in 90 days. You can sell the motherboards for $195 each.

• What is your profit at the current exchange rate? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

• 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.)

• What is your profit if the exchange rate goes down by 10 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places. Negative amounts should be indicated by a minus sign.)

• What is the break-even exchange rate? (Round your answer to 4 decimal places. (e.g., 32.1616))

• 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.)

Reference no: EM131302571

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