The arizona company, a u. s.-based manufacturer, ordered a piece of equipment from sonora inc., a mexico-based supplier, agreeing to pay 300,000 mexican pesos upon delivery of the equipment in three months time. at the time of the contract signing, the exchange rate between the u. s. dollar and the mexican peso was 10p: $1.
with concerns about a weakening u. s. dollar, the arizona company decided to hedge its currency exposure by purchasing a forward foreign exchange contract from a local bank.
the forward contract committed the arizona company to pay $30,300 in three months in exchange for 300,000 pesos.
what was the forward foreign exchange rate implicit in the contract (assuming no transaction costs)?

Amano s preguntes cationing to come fonds and consumer good 8. why did the u.s. government use rationing for some foods and consumer goods during world war ii?

The gilbert instrument corporation is considering replacing the wood steamer it currently uses to shape guitar sides. the steamer has 6 years of remaining life. if kept,the steamer will have depreciaiton expenses of $650 for five years and $325 for the sixthyear. its current book value is $3,575, and it can be sold on an internet auction site for$4,150 at this time. if the old steamer is not replaced, it can be sold for $800 at the endof its useful life. gilbert is considering purchasing the side steamer 3000, a higher-end steamer, whichcosts $12,000 and has an estimated useful life of 6 years with an estimated salvage value of$1,500. this steamer falls into the macrs 5-year class, so the applicable depreciationrates are 20.00%, 32.00%, 19.20%, 11.52%, 11.52%, and 5.76%. the new steamer is fasterand allows for an output expansion, so sales would rise by $2,000 per year; the newmachine's much greater efficiency would reduce operating expenses by $1,900 per year.to support the greater sales, the new machine would require that inventories increase by$2,900, but accounts payable would simultaneously increase by $700. gilbert's marginalfederal-plus-state tax rate is 40%, and its wacc is 15%.a. should it replace the old steamer? b. npv of replace = $2,083.51

Legal requirements, suppliers and distributors, competitors, and market profiles are contained in the element of your business plan. a. introduction b. operating plant c. industry d. business information