What will be amount of foreign exchange gain upon settlement

Assignment Help Management Theories
Reference no: EM131676987

Question: Burton Manufacturing. Jason Stedman is the director of finance for Burton Manufacturing, a U.S.-based manufacturer of handheld computer systems for inventory management. Burton's system combines a lowcost active tag that is attached to inventory items (the tag emits an extremely low-grade radio frequency) with custom designed hardware and software that tracks the low-grade emissions for inventory control. Burton has completed the sale of an inventory management system to a British firm, Pegg Metropolitan (UK), for a total payment of £1,000,000. The exchange rates shown at the bottom of this page were available to Burton on the dates shown, corresponding to the events of this specific export sale. Assume each month is 30 days.

a. What will be the amount of foreign exchange gain (loss) upon settlement?

b. If Jason hedges the exposure with a forward contract, what will be the net foreign exchange gain (loss) on settlement?

1471_37.png

Reference no: EM131676987

Questions Cloud

Provide the journal entries to account for the events : Tewantin Ltd makes an offer to the public for investor to subscribe for 10 million shares. Provide the journal entries to account for the above events
Calculate the work was done by the applied force : the front of a sled at an angle of 60° above the horizontal so as to pull the sled a distance of 120 meters-Calculate the work was done by the applied force
Examples of laws that will differ significantly across : What are examples of laws that will differ significantly across borders? How does this affect the global strategies of businesses?
Discuss the unique needs of the women offenders : Discuss how the program addresses the unique needs of the women offenders
What will be amount of foreign exchange gain upon settlement : Burton Manufacturing. Jason Stedman is the director of finance for Burton Manufacturing, a U.S.-based manufacturer of handheld computer systems for inventory.
What are three principal trade theories : What are three principal trade theories? How do these theories apply to the pattern of international trade?
What impact has the islamic religion had on art : What impact has the Islamic religion had on art and architecture? Complete an internet search and identify examples of Islamic art.
Discuss a fake robbery of the hotel safe : Andy went to the Flea Bag Hotel and approached his good friend John, who was the desk clerk of the hotel, with a plan for a fake robbery of the hotel safe
Most relevant customer delight experience : To serve the Filipino community by providing great tasting food and the most relevant customer delight experience

Reviews

Write a Review

Management Theories Questions & Answers

  Learning in action

Learning contract proposal that will form the basis of your learning contract report.

  Change is the only constant

"Change is the only constant " Evaluate the different types of change that have occurred in Sony.

  How do advertisers try to use group influence

How do advertisers try to use group influence?  Will you find any specific examples and explain the relevant theory of group behavior and influence?

  Case study:saving sony

You have been appointed by Sony as a consultant on change management. Advise Sony on how they could implement the change by using the various theories of change you have learnt.

  How the stock market works

The purpose of this project is to help you to gain an understanding of how the stock market works and of the relationship between theory and practice.

  Find the optimal production quantities

Find not only the optimal production quantities, but also the optimal total cost.

  Describe the management process

Describe the management process and identify the skills required to manage business organizations.

  Case study : bert''s bonsai and aquatic sport museum

Case Study : Bert's Bonsai and Aquatic Sport Museum Prepare a knowledge management system.

  Knowledge management techniques

Demonstrate understanding of the many-sided nature of knowledge management

  Theory of transtheoretical model

Demonstrate understanding of the many-sided nature of knowledge management

  Write a paper on historical trends of management

Write a paper on Historical Trends of Management.

  Theory of reasoned action

Theory of Planned Behavior and Integrated Behaviors Model

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!

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