PLEASE ANSWER QUESTION WITH DETAIL

6. (15 points) (Ch. 10) Measuring Economic Exposure. Using the following cost and revenue information shown for Kiwi Family Inc., a U.S.-based company, determine how the costs, revenue, and earnings items would be affected by three possible exchange rate scenarios for the New Zealand dollar against the U.S. dollar (NZDUSD"): (1) 0.50, (2) 0.55, and (3) 0.60. (Assume U.S. sales will be unaffected by the exchange rate.) Assume that NZD earnings will be remitted to the U.S. parent company at the end of the period, Revenue and Cost Estimates: Kiwi Family Inc. (in millions of USD and NZD) U.S. Business NZ Business 3 USD 900 600 USD 300 300 NZD 800 100 NZD 700 0 Sales Cost of Goods Sold Gross Profit Operating Expenses Earnings Before Interest and Taxes (EBIT) Interest Expense EBT NZD 700 USD 0 200 -USD 200 NZD 700 From its parent company's (located in the U.S.) perspective, Does Kiwi Family behave like an exporter or an importer? Why? (15 points) 6. (15 points) (Ch. 10) Measuring Economic Exposure. Using the following cost and revenue information shown for Kiwi Family Inc., a U.S.-based company, determine how the costs, revenue, and earnings items would be affected by three possible exchange rate scenarios for the New Zealand dollar against the U.S. dollar (NZDUSD"): (1) 0.50, (2) 0.55, and (3) 0.60. (Assume U.S. sales will be unaffected by the exchange rate.) Assume that NZD earnings will be remitted to the U.S. parent company at the end of the period, Revenue and Cost Estimates: Kiwi Family Inc. (in millions of USD and NZD) U.S. Business NZ Business 3 USD 900 600 USD 300 300 NZD 800 100 NZD 700 0 Sales Cost of Goods Sold Gross Profit Operating Expenses Earnings Before Interest and Taxes (EBIT) Interest Expense EBT NZD 700 USD 0 200 -USD 200 NZD 700 From its parent company's (located in the U.S.) perspective, Does Kiwi Family behave like an exporter or an importer? Why? (15 points)