Question: Problem 11 K Intro Assume that Apple buys all components for the iPhone for V30,000 from Japan, assembles them for 800 yuan in China and

Problem 11 K Intro Assume that Apple buys all components for the iPhone for V30,000 from Japan, assembles them for 800 yuan in China and sells the finished phones for 600 in Europe. The average exchange rates are as follows: Country/currency In US$ Per US$ China yuan 0.14 7.14 Europe euro ( 1.27 0.787 Japan yen 0.00862 116 UK pound () 1.56 0.641 the Attempt 1/10 for 10 pts. Part 1 What is the cost in dollars of producing one iPhone? 370.6 Correct V30,000 - $0.00862N + 800 yuan * $0.14/yuan = $370.62 Attempt 3/10 for 10 pts. Part 2 What is the profit in dollars from selling one iPhone? | Attempt 1/10 for 10 pts. Part 1 What is the cost in dollars of producing one iPhone? 370.6 Correct V30,000 $0.00862/4 + 800 yuan . $0.14/yuan = $370.62 Attempt 3/10 for 10 pts. Part 2 What is the profit in dollars from selling one iPhone? 0+ decimals Submit Part 3 - Attempt 2/10 for 10 pts. What would be the dollar profit if the dollar depreciated by 15% against all currencies? 0+ decimals Submit

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

I have attached the question. I will post student question when I receive one later. Chapter 2, Customer Behavior and 3, Segmentation of textbook can also be used. Marketing Management: MKT500 Week 1...

Problem 12 K Intro A corporate bond with a coupon rate of 6% pays interest semiannually and has a maturity date of May 28, 2030. The trade settles on March 20, 2023. The yield to maturity is 14%....

Problem 12 K. Intro You've estimated the following cash flows (in $) for two mutually exclusive projects: w No Year Project A Project B -5,300 -7,950 1,325 1,325 2,148 2,148 3,822 7,479 The required...

Problem 10 K Intro Use the following bond quotation Issuer Symbol Callable Coupon Maturity Rating Price Yield Walmart WMTIM NO 4.875 7/8/2040 Aa2 105.18 4.48 Part 1 Attempt 1/10 for 10 pts. If the...

Estimating Cash Flows 1-6. Andre Young a a financial analyst at Rhodes Manufacturing Corporation, is try k to analyze the feasibibility of purchasing a new piece of equipmentt that falls undender the...

need help solving this , must do in Excel and explain how you got your answer please. Problem 11 0 Intro You've started a company to produce electrified selfie sticks. A stick will give you a mild...

Problem 11. (15 pts] Assume the memory is filled up with random numbers and you are trying to find a specific sequence of numbers in 8 bits. Write C program that starts reading from memory location...

with random numbers and you are trying to find a Problem 11. (15 pts ] Assume the memory is filled up with random numbers and you specific sequence of numbers in 8 bits. Write C program that starts...

Problem 1.1 (50 pts) Assume that the limit order book is as shown in the table below. 1) What is the bid-ask spread in cents and basis points of the mid price? 2) If you buy 100 shares with a market...

The general fund of a city reports assets of $300,000 and liabilities of $200,000 in the fund financial statements. Explain what is meant by each of the following balances: fund balance-nonspendable...

The suspension system of a 2000 kg automobile "sags" L0 cm when the chassis is placed on it. Also, the oscillation amplitude decreases by 50% each cycle. Estimate the values of (a) The spring...

Swaps are also traded on the exchange market. Question 56Select one: True False

On 1 March 2007 DB Limited issued R560 000 15% debentures at R98. The debentures were to be redeemed at par in four equal annual payments starting 28 February 2010. Required: Journalise the above...