Question 1:
In 1985, a given Japanese imported automobile sold for 1,476,000 yen, or $8,200. If the car still sold for the same amount of yen today but the current exchange rate is 144 yen per dollar, what would the car be selling for today in U.S. dollars?
Question 2:
Discuss how the following aspects differ for a domestic firm and a multinational firm:
Cash management
Credit management
Inventory management
Use Walt Disney (DIS) for illustration
Can someone use information and data from DIS and a link to the references that I can access. Thank you
Question 1 : In 1985, automobile sold for 1,476,000 or
$8,200.
By considering above data, we can say that exchange rate of
Japanese yen to US dollar was 180 yen per dollar. (
1,476,000/$8,200)
Today exchange rate is 144 yen per dollar, hence price of
automobile in US dollar would be 1,476,000/144 = $10,250.
Dear student,
As per the rules, we're bound only to answer first full question.
Kindly post question 2 again for quality answer to that.
Hope it helped.
Good luck.
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