Assume That You Are the Manager of a U

question 59

Multiple Choice

Assume that you are the manager of a U.S.company and you face an exchange rate of ¥120 per $1.Whenever you receive an order,rather than ship from your production facilities,you call in the order to a Japanese company and have the bill shipped to you directly.If the bill shipped to you is ¥7,500 and you can collect $65 per item sold to your customer,what would be your profit per item be if you pay the Japanese company ¥7,500?

• A)$1.50 per item
• B)$1.60 per item
• C)$2.50 per item
• D)$2.80 per item

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Definitions:

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A psychoactive substance found in drinks such as beer, wine, and spirits that can alter consciousness and impair cognitive and psychomotor functions.