Suppose Stackpool Inc

question 28

Multiple Choice

Suppose Stackpool Inc.had inventory in Britain valued at 240,000 pounds one year ago.The exchange rate for dollars to pounds was 1£ = 2 U.S.dollars.This year the exchange rate is 1£ = 1.82 U.S.dollars.The inventory in Britain is still valued at 240,000 pounds.What is the gain or loss in inventory value in U.S.dollars as a result of the change in exchange rates?

• A) −$240,000
• B) −$43,200
• C) $0
• D) $43,200
• E) $47,473

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Definitions:

Manufacturing Engineers

Professionals who design, implement, and improve the manufacturing processes, systems, or products, focusing on efficiency, quality, and safety.

Exploded View

A diagram or illustration depicting the components of an assembly spaced apart to show their relationship or assembly sequence.

Assembled

The process or state of putting together various components to form a complete unit.

Isometric

Pertaining to a method of drawing where the height, width, and depth of objects are drawn proportionally for 3D representation on a 2D plane.