# FINANCE-ABC Company sells 4,994 chairs a year at an average price per chair of $199

.784px;”=””>6Question 1ABC Company sells 4,994 chairs a year at an average price per chair of $199. The carrying cost per unit is $32.43. The company orders 479 chairs at a time and has a fixed order cost of $25.3 per order. The chairs are sold out before they are restocked. What are the total carrying costs?Enter your answer rounded off to two decimal points. Do not enter comma or $ in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box.1 pointsQuestion 2ABC Company sells 4,530 chairs a year at an average price per chair of $175. The carrying cost per unit is $39.27. The company orders 331 chairs at a time and has a fixed order cost of $121.9 per order. The chairs are sold out before they are restocked. What are the total shortage costs?Enter your answer rounded off to two decimal points. Do not enter comma or $ in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box.1 pointsQuestion 3The exchange rate is 0.8863 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 9,678 Swiss francs?Enter your answer rounded off to two decimal points. Do not enter $ in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.1 pointsQuestion 4Suppose it takes 1.39 U.S. dollars today to purchase one British pound today. Currency forecasters predict that the U.S. dollar will depreciate by 15% against the pound over the next 30 days. What is the U.S. dollar/Pound exchange rate in 30 days?Enter your answer rounded off to FOUR decimal points.1 pointsQuestion 5In New York, you can exchange $1 for €0.8698 or £0.6758. Suppose that, in Berlin, £1 costs €1.1981. How much profit can you earn on $31,683 using triangle arbitrage?Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.1 pointsQuestion 6ABC Company sells 4,321 chairs a year at an average price per chair of $167. The carrying cost per unit is $37.99. The company orders 500 chairs at a time and has a fixed order cost of $42 per order. The chairs are sold out before they are restocked. What is the economic order quantity?Enter your answer rounded off to two decimal points. Do not enter comma in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box.1 pointsQuestion 7You can exchange $1 for either C$1.2819 or ¥114.11. What is the cross rate between the Japanese yen and the Canadian dollar? That is, solve for ¥ per C$.Enter your answer rounded off to two decimal points.1 pointsQuestion 8Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.3406 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 1.153 euros. What is the cross-rate of Swiss francs to euros (SF/Euro)?Enter your answer rounded off to FOUR decimal points.1 pointsQuestion 9Your friend from Germany has decided to come and visit you in the United States. You estimate the cost of her trip at $2,571. What is the cost to her in euros if the U.S. dollar equivalent of the euro is 1.1256?1 pointsQuestion 10Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.0617 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 0.9631 euros. What is the cross-rate of euros to Swiss francs (Euro/SF)?Enter your answer rounded off to FOUR decimal points.1 pointsQuestion 11The exchange rate is 0.9882 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 1 Swiss franc?Enter your answer rounded off to two decimal points. Do not enter $ in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.1 pointsQuestion 12Suppose it takes 1.11 U.S. dollars today to purchase one British pound today. Currency forecasters predict that the U.S. dollar will depreciate by 11% against the pound over the next 30 days. What is the Pound/US Dollar exchange rate in 30 days?That is, how many pounds can 1 dollar buy in 30 days?Enter your answer rounded off to FOUR decimal points.1 pointsQuestion 13ABC Company sells 2,082 chairs a year at an average price per chair of $163. The carrying cost per unit is $15.32. The company orders 563 chairs at a time and has a fixed order cost of $76 per order. The chairs are sold out before they are restocked. How many orders will company place if it follows the economic order quantity model?Enter your answer rounded off to two decimal points. Do not enter comma in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box.1 pointsQuestion 14You just returned from a trip to Venezuela and have 6,856 bolivaresfuertes in your pocket. How many dollars will you receive when you exchange this money if the U.S. dollar equivalent of the bolivaresfuertes is 0.1344?Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.1 pointsQuestion 15Suppose one U.S. dollar can purchase 133 yen today. If the yen depreciates by 11% tomorrow, how many yen could one U.S. dollar buy tomorrow?Enter your answer rounded off to two decimal points. For example, if your answer is 12.345 then enter as 12.35 in the answer box.