Question: PLEASE ANSWER BOTH THIS ASAP!! REALLY NEED HELP PLEASE. THANK YOU:)) Question 4 (a) Assume that you are the manager of a U.S. company and

PLEASE ANSWER BOTH THIS ASAP!! REALLY NEED HELP PLEASE. THANK YOU:))
Question 4 (a) Assume that you are the manager of a U.S. company and you face an exchange rate of 150 per $1. Whenever you receive an order, rather than ship from your production facilities, you call in the order to a Japanese company and have the bill shipped to you directly. If the bill shipped to you is 7,500 and you can collect $55 per item sold to your customer, calculate your profit if you pay the Japanese company 7,500? (5 Marks) (b) Examine the off-balance-sheet activities banks engage in, the risks they face from undertaking these activities, and the controls they put in place to restrict bank employees from taking on too much risk. (10 Marks)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
