Suppose the direct foreign exchange rates in U.S. dollars are as follows:1 Swiss franc = $1.03711 Swedish krona = $0.1526Based on the information given above, how many Swiss francs are required to purchase goods costing $5,000 U.S.?
A. 32,785
B. 4,821
C. 5,186
D. 763
Answer: B
You might also like to view...
The greater the distance between the product source and the target market, the lower the transportation costs
Indicate whether the statement is true or false
To increase the margin between selling price and manufacturing cost, a manufacturing company might:
a. negotiate a lower purchase price with suppliers of raw materials. b. substitute more efficient manufacturing equipment for work now done by employees. c. increase selling prices. d. all of the above e. none of the above
Why is it critical to form a time-phased budget?
Fill in the blank(s) with the appropriate word(s).
Adorn, a designer boutique, extends a job offer in writing to a candidate. The company requests for a written acknowledgement of the job offer from him. In this scenario, the candidate should write a _____.?
A) ?thank-you message B) ?follow-up message C) ?job-acceptance message D) ?job-refusal message