Management of Oriole, Inc., an electronic games manufacturer, is planning to purchase flash memory from one of two sources. Kyoto, Inc., quotes a price of ¥6,500 per gigabyte. The current exchange rate is ¥103.60/$. Another Japanese manufacturer offers to supply the same flash memory at a price of €57.50 per gigabyte. The spot rate available is ¥202.02/€. (Round answers to 2 decimal places, e.g. 15.25.)

		Vendor 1			Vendor 2
Cost from		$enter your answer in dollars rounded to 2 decimal places	per gigabyte		$enter your answer in dollars rounded to 2 decimal places	per gigabyte

Which is the cheaper source of flash memory for Oriole?

select between vendor 1 and vendor 2

Which vendor has the cheaper source of flash memory forOriole?

 

Answer rating: 100% (QA)

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