Carla Vista Equipment purchased machinery from a Japanese firm and must make a payment of 235,110,000 in

Fantastic news! We've Found the answer you've been seeking!

Question:

Carla Vista Equipment purchased machinery from a Japanese firm and must make a payment of 235,110,000 in 45 days. The bank quotes a forward rate of 102.00/$ to buy the required yen. What is the cost to Carla Vista in U.S. dollars?(Round answer to 2 decimal places, e.g. 15.25.)

Cost of equipment $ __________________

Posted Date: May 19, 2024 04:13 PM

See More Questions

Consider the following differential equation describing a plug flow bioreactor: dy --Dy+py dt dz -(4-2)D-2uy dt where D = 0.4, 0.52/(0.1+),and the initial conditions are y(0) = 1 and z(0) = 4. a)...
In 2019, the Mudcat Gas Company purchased a small natural gas company with two assets- land and natural gas reserves-for $158,000,000. The fair value of the land was $1,500,000 and the fair value of...
Identify the inflection points and local maxima and minima of the functions graphed. Identify the intervals on which the functions are concave up and concave down. y = (x - 1)/3 y 0 X
The computer screen in a foreign exchange trading room shows the following: a. Express all the above quotations on an outright basis. b. You want to buy Mexican pesos three-months forward with pounds...
Should a good project plan formulate methods for anticipating problems?
Entity X has $60,000 in the bank. With this money, they bought 1 gram of gold for 150 dollars and rented a safe in Z Bank for 6 months to keep these gold in his safe. They paid $1,000 for the safes...
Learning resources and helpful sites are in bold and question to answer is underlined,---- Stangor, C. (2015). Research methods for the behavioral sciences (5th ed.). Stamford, CT: Cengage Learning....
What are 2 pros and 2 cons ofactivity-basedcosting? Can you give me examples of situations where activity-basedcosting could be used effectively and why?
Regarding product X, commercialised by a company, we have the following information: Expected sales: 10.000 units Sales price: 8,00 per unit Variable cost: 5,00 per unit Fixed costs: 21.000,00...
Started in process 20,000 units; Finished and transferred 32,000 units. The WIP,beg. is twice as much as the WIP, end and their stages of completion are 3/4 and 1/6 respectively. Under FIFO method ,...
How do contemporary operating systems address the challenges of energy efficiency and resource optimization in mobile and embedded computing environments, employing techniques such as dynamic voltage...
What is the purpose of managerial accounting and what is the purpose of cost accounting? How do they differ?
Determine the break - even point. Show your work. Answer the following questions after you calculate the BE point. If the physician refers 5 0 0 X - rays per year, is it wise to add this service to...
The May 2014 revenue and cost information for Houston Outfitters, Inc. follow: Sales Revenue (at standard).............. $ 540,000 Cost of Goods Sold (at standard) ..........341,000 Direct Materials...
Copying of the successful practices of others is called __________. (a) mimicry (b) scanning (c) grafting (d) strategy
The process of acquiring individuals, units, and/or firms to bring in useful knowledge to the organization is called __________. (a) grafting (b) strategy (c) scanning (d) mimicry
A firm which refuses to use debt in its capital structure even though it is capable of doing so will: a. Have too low of a WACC b. Incorrectly calculate prospective project NPVs as being too high c....

Carla Vista Equipment purchased machinery from a Japanese firm and must make a payment of 235,110,000 in

Question:

Expert Answer:

Students also viewed these finance questions