Forward Rate: Baljit, Inc

question 44

Multiple Choice

Forward rate: Baljit, Inc., purchased machinery from a Japanese firm and will have to pay ¥278.45 million in 90 days. The bank quotes a forward rate of ¥105.46/$ to buy the required yen. What is the cost to Baljit in U.S. dollars?

• A) $2,640,338
• B) $2,784,500
• C) $2,936,534
• D) $2,714,300

Understand how to use behavioral segmentation effectively in consumer markets.

Distinguish between different types of segmentation such as demographic, psychographic, behavioral, and lifestyle segmentation.

Understand the importance and characteristics of operational excellence in firms.

Differentiate between goals and objectives in marketing strategies.

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Definitions:

Fixed Costs

Expenses that do not change with the level of goods or services produced by the business.

Sales Mix

The composition of a company's various product or service offerings and their relative contributions to overall sales and profitability.

Unit Price

The cost per single item or measure, which allows for the comparison of costs among different units.

Fixed Costs

Costs that do not fluctuate with the volume of production or sales, such as rent, salaries, and insurance.