2. What does the evidence in Table 2.4 indicate about the expected future value of the Euro relative to the dollar? 3. Japanese Motors exports cars and trucks to the U.S. market. On November 15, 2001, its most popular model was selling (wholesale) to U.S. dealers for $20,000. What price must Japanese Motors charge for the same model on February 20 2004, to realize the same amount (of Japanese yen) as it did in 2001? (Refer to Table 2.2) During the past year, Alcore Enterprises, Inc., had sales of $3 millon, cost of goods sold of $1.8 million, operating expenses of $800,000, and interest expenses of $200,000. Alcore paid preferred stock dividends of $100,000 and common stock dividends of $200,000 during the year. Alcore also retired maturing debt totaling $1.5 million during the year. Using the U.S. federal corporate tax rates shown in Table 2A.1, what was Alcore's taxable income and its total tax liability for the year? What are Alcore's marginal tax rate? 4