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Home Q & A Board Other Fields Homework Help Business Management
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stranahan stranahan
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7 years ago
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) $2.50 per item
B) $1.60 per item
C) $2.80 per item
D) $1.50 per item
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
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waspchichesterwaspchichester
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7 years ago
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stranahan Author
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7 years ago
Thanks Smiling Face with Open Mouth and Tightly-closed Eyes
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