Question

17. Export price Please refer to Table 5 in the datafile. If the EUR/USD exchange rate decreases to 0.9500, what will be the

Ganado Germany exports lightbulbs to the United States. Based on a EUR/USD exchange rate of 1.0500, they expect the following

0 0
Add a comment Improve this question Transcribed image text
Answer #1
1 EUR/USD 1.05 0.95
2 Sales price in EUR 12.57 12.57
1X2 Sale price in USD 13.20 11.94

Correct answer is 11.94

Add a comment
Know the answer?
Add Answer to:
17. Export price Please refer to Table 5 in the datafile. If the EUR/USD exchange rate...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • 16. Net income Please refer to Table 5 in the datafile. What is the net income...

    16. Net income Please refer to Table 5 in the datafile. What is the net income of Ganado Germany? a) 761 400 EUR b) 1 080 000 EUR c) 799 470 EUR d) 725 143 EUR Ganado Germany exportslightbulbs to the United States Based on a EUR/USD exchange rate of 1.0500, they expect the following results. Assumptions Price elasticity of demand Cost of capital -1,5 15% 2019 Sales volume (units) Sales price (USD) EUR/USD Sales price (EUR) Direct cost (EUR)...

  • 19. Operating exposure Please refer to Table 4 in the datafile. Konsumgut AG is a German...

    19. Operating exposure Please refer to Table 4 in the datafile. Konsumgut AG is a German company, which sells its products in the US. If the exchange rate increases to EUR/USD 1.1500 from is current level of 1.1000, what would have to be the new price in EUR, such that the company's sales volume remains unchanged? a) 12.24 EUR b) 14.72 EUR c) 12.80 EUR d) 14.08 EUR We were unable to transcribe this image

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT