The exchange rate between U.S. dollars and Swiss francs

ABC Company sells 2,788 chairs a year at an average price per chair
Subject: Business    / Finance
Question

ABC Company sells 2,788 chairs a year at an average price per chair of $146. The carrying cost per unit is $33.88. The company orders 572 chairs at a time and has a fixed order cost of $41.3 per order. The chairs are sold out before they are restocked. What are the total carrying costs?

Round off to two decimal points.

QUESTION 2

Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.2171 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 0.9711 euros. What is the cross-rate of euros to Swiss francs (Euro/SF)?

Round off to FOUR decimal points.

QUESTION 3

The exchange rate is 1.1267 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 1 Swiss franc?

Round off to two decimal points.

QUESTION 4

Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.2609 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 1.1307 euros. What is the cross-rate of Swiss francs to euros (SF/Euro)?

Round off to FOUR decimal points.

QUESTION 5

Your friend from Germany has decided to come and visit you in the United States. You estimate the cost of her trip at $2,805. What is the cost to her in euros if the U.S. dollar equivalent of the euro is 1.3112?

Round to 2 decimal points

QUESTION 6

You can exchange $1 for either C$1.2971 or ¥120.3. What is the cross rate between the Japanese yen and the Canadian dollar? That is, solve for ¥ per C$.

Round off to two decimal points.

QUESTION 7

ABC Company sells 2,564 chairs a year at an average price per chair of $147. The carrying cost per unit is $27.46. The company orders 500 chairs at a time and has a fixed order cost of $81 per order. The chairs are sold out before they are restocked. What is the economic order quantity?

Round off to two decimal points

QUESTION 8

You just returned from a trip to Venezuela and have 1,411 bolivares fuertes in your pocket. How many dollars will you receive when you exchange this money if the U.S. dollar equivalent of the bolivares fuertes is 0.1582?

Rounded off to 2 decimal points

QUESTION 9

ABC Company sells 4,034 chairs a year at an average price per chair of $195. The carrying cost per unit is $29.85. The company orders 415 chairs at a time and has a fixed order cost of $92 per order. The chairs are sold out before they are restocked. How many orders will company place if it follows the economic order quantity model?

Round off to two decimal points

QUESTION 10

ABC Company sells 4,676 chairs a year at an average price per chair of $136. The carrying cost per unit is $25.71. The company orders 461 chairs at a time and has a fixed order cost of $83.4 per order. The chairs are sold out before they are restocked. What are the total shortage costs?

Round to two decimal points.

QUESTION 11

Suppose one U.S. dollar can purchase 167 yen today. If the yen depreciates by 6% tomorrow, how many yen could one U.S. dollar buy tomorrow?

Round off to two decimal points

QUESTION 12

In New York, you can exchange $1 for €0.8984 or £0.7589. Suppose that, in Berlin, £1 costs €1.1618. How much profit can you earn on $13,829 using triangle arbitrage?

Rounded off to two decimal points.

QUESTION 13

The exchange rate is 0.9969 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 7,491 Swiss francs?

Rounded off to two decimal points.