Suppose Your Company Imports Computer Motherboards from Singapore

question 44

Multiple Choice

Suppose your company imports computer motherboards from Singapore.The exchange rate is currently 1.5803S$/US$.You have just placed an order for 30,000 motherboards at a cost to you of 170.90 Singapore dollars each.You will pay for the shipment when it arrives in 120 days.You can sell the motherboards for $148 each.What will your profit be if the exchange rate goes up by 8 percent over the next 120 days?

• A)$913,564
• B)$1,008,121
• C)$1,216,407
• D)$1,435,999
• E)$1,502,400

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Definitions:

L.L. Bean

An American retail company specializing in clothing and outdoor recreation equipment, known for its customer service and quality products.

Competitive

A characteristic of entities (individuals or organizations) that strive to achieve and maintain an advantage over others by offering better quality, service, or price.

Event Outcome Forecast

The prediction of the results or impacts of a particular event, based on analysis or models.

Time Series

A sequence of data points, typically measured at successive points in time, spaced at uniform time intervals, used for statistical analysis or forecasting.