What is the spot rate today

Assignment Help Finance Basics
Reference no: EM13272157

Tantrix, Inc., purchased its inventory from an Indian manufacturer at a cost of Rs.5,325,000. The dollar cost of this payable is $125,634.07 at todays spot rate. What is the spot rate today?

Reference no: EM13272157

Questions Cloud

Explain oxidation of diamond by oxygen to carbon dioxide : The enthalpy for oxidation of diamond by oxygen to carbon dioxide is -395.4 kJ/mol but the enthalpy for oxidation of graphite to carbon dioxide is -393.4 kJ/mol. Find the enthalpy of reaction for graphite going to diamond.
How many moles of gas will be in the container : A 5 L rigid (constant volume) container holds 0.60 moles of helium at an initial temperature of 80 oC, How many moles of gas will be in the container at the final temperature
What is the exchange rate in terms of yen per dollar : If the spot rate is quoted as $0.009369/¥, what is the exchange rate in terms of yen per dollar?
Calculate the volume of naoh : A student analyzed a 0.2078g sample containing aspirin using 0.1014M NaOH. The student obtained a % purity of 76.1%. Calculate the volume of NaOH that is required in order to reach the end point of the reaction. Molar mass for aspirin = 180.16g/m..
What is the spot rate today : Tantrix, Inc., purchased its inventory from an Indian manufacturer at a cost of Rs.5,325,000. The dollar cost of this payable is $125,634.07 at todays spot rate. What is the spot rate today?
Explain the weathering of pyrite fes2 in coal mines : The weathering of pyrite (FeS2) in coal mines and in metal sulfide ore deposits can be represented by the following reaction
What is the mass of the liquid water : A block of ice of mass 0.4 kg and initial temperature T = 0 oC is placed in a sealed insulated container full of Helium gas, What is the mass of the liquid water
What is the break-even point for jackson : Each circuit board is sold at a price of $111.50 and involves variable costs of $81.73 per unit. What is the break-even point for Jackson.
What percent of the project will be financed by debt : According to the pecking order theory of the capital structure, what percent of the project will be financed by debt?

Reviews

Write a Review

Finance Basics Questions & Answers

  Prepare a tabular analysis of the transactions

Barone's Repair Corporation was started on May 1st A summary of May transactions is presented below. make a tabular analysis of the transactions, using the following column headings: Supplies, Equipment, Accounts Payable,

  Future value of annuity exercise

Using the appropriate tabels find out how much will be accumulated in the fund on December 31, 2012 under each of the following situations:

  What is the profit on new sales

The collection cost on these accounts is 4% of new sales, the cost of producing and selling is 79% of sales and the firm is in the 26% tax bracket. What is the profit on new sales?

  What would be the cost of that capital

If a company is going to finance a project entirely with retained earnings, what would be the cost of that capital? Why?

  What is the target stock price in one year

At the same time, the income statement shows net income of $780,000. The company paid dividends of $397,800 and has 120,000 shares of stock outstanding. If the benchmark PE ratio is 29, what is the target stock price in one year?

  What is the percentage total return

Suppose a stock had an initial price of $61 per share, paid a dividend of $1.40 per share during the year, and had an ending share price of $69.

  Conditions favor the use of long-term debt

When a number of optional methods of long-term financing are under considerations; determine what conditions favor the use of long-term debt?

  Calculate the value of fraziers stock

Frazier Manufacturing paid a dividend last year of $2, which is expected to grow at a constant rate of 5%. Frazier has a beta of 1.3. If the market is returning 11% and the risk-free rate is 4%, calculate the value of Frazier's stock.

  What can happen if this activity is not well established

Why is it important to monitor the cash flow of an organization? What can happen if this activity is not well established?

  Stock valuation of a company

Determine the fair market value of Apple corporation (AAPL) stock values using RIM model and Price Ratio Analysis, given that Apple does not pay dividends?

  Explain what is the npv of an investment

Explain what is the NPV of an investment that cost $2500 and pays $1000 certain at the end of one, three and five years

  Determine the projected net income

Goran Blomberg is interested in investing in a new rooms only lodging property. He requires some financial projections for the proposed operations. He provides the following information

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd