Suppose Yates Inc

question 39

Multiple Choice

Suppose Yates Inc., a U.S.exporter, sold a consignment of antique American muscle-cars to a Japanese customer at a price of 143.5 million yen, when the exchange rate was 140 yen per dollar.In order to close the sale, Yates agreed to make the bill payable in yen, thus agreeing to take some exchange rate risk for the transaction.The terms were net 6 months.If the yen fell against the dollar such that one dollar would buy 154.4 yen when the invoice was paid, what dollar amount would Yates actually receive after it exchanged yen for U.S.dollars?

• A) $1,075,958
• B) $1,025,000
• C) $1,000,000
• D) $975,610
• E) $929,404

Understand different motivational strategies associated with MBO, including written agreements and internal client relationships.

Recognize various work arrangement concepts like job sharing and distributed work, and their implications.

Understand contemporary research focuses in psychology, including positive aspects of life and personality dimensions.

Grasp the concept of locus of control and its effects on coping with stress and achieving in life.

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Definitions:

Interval Estimate

A variety of values, gathered from sample sources, that is considered likely to envelop the value of a mysterious population parameter.

Profit Margin

A financial metric that calculates the percentage of revenue remaining after all expenses have been deducted from sales.

Sample Variances

A measure of dispersion that quantifies the spread of data points in a sample around the mean.

F-distributed

Refers to having a probability distribution known as the F-distribution, often used in the analysis of variance.