Feeling stuck?

Ask us to find you a qualified specialist in your field

Write My College Homework

[SOLVED] Foreign exchange impacts the profitability of transactions in international markets

[SOLVED] Foreign exchange impacts the profitability of transactions in international markets.

Overview

Foreign exchange impacts the profitability of transactions in international markets. It can turn a profitable business into one that loses money and can turn an unprofitable business into one that makes money.

In this assignment, you will analyze the impact of foreign exchange on different business scenarios and present your findings in a short business memo.

Scenario

You manage the international business for a manufacturing company. You are responsible for the overall profitability of your business unit. Your company ships your products to Malaysia. The retail stores that buy your products there pay you in their local currency, the Malaysian ringgit (MYR). All sales for the first quarter are paid on April 1st and use the exchange rate at the close of business on April 1st or the first business day after April 1st if it falls on a Saturday or Sunday. The company has sales contracts with different vendors that determine the number of units sold well in advance. The company is contractually obligated to sell 4,000 units for exactly 1.25 million MYR for the first quarter. The break-even point for each unit is $90 in U.S. dollars. Use the following foreign exchange rates:

  • On January 1, the daily spot rate is 3.13 MYR, and the forward rate is 0.317 U.S. dollars/MYR for April 1st of the same year.
  • On April 1, the daily spot rate is 3.52 MYR.

Prompt

Using the information above, create a short business memo that explains the profitability, viability, and importance of considering foreign exchange on the basis of the scenarios below.

Scenario 1: The company uses the spot rate on April 1st to convert its sales revenue in MYR to U.S. dollars.

Scenario 2: On January 1st, the company uses that day’s forward rate today to lock in a foreign exchange rate for its expected 1.25 million MYR in sales. This means the company agreed to exchange 1.25 million MYR using the forward rate on January 1st when April 1 arrives.

Scenario 3: Another option for the company is to spend the foreign currency and avoid any currency exchange. Because it is a manufacturing company, raw materials are always needed.

Specifically, you must address the following rubric criteria:

  • Foreign Exchange Calculations: Determine the profitability of the international business by using foreign exchange calculations for the first and second scenarios.
  • Spend or Save: Discuss what you would need to consider when determining if the company should buy raw materials with the foreign currency in an effort to avoid foreign exchange risk and whether this is a viable option for the company.
  • Conclusion: After determining the result for each scenario, explain the importance to a company’s financial results of considering foreign exchange risk.

Guidelines for Submission

Submit this assignment as a 250- to 300-word Microsoft Word document. Sources should be cited according to APA style.

[SOLVED] Foreign exchange impacts the profitability of transactions in international markets

Get a Quick Quote

Approximately 250 words
Total price (USD) $: 10.99

ORDER NOW

Testimonials of our work

WRITING HELP

Discover what people say about our previously completed projects.

Reinhard

I was bombarding him with fine tuning and he handled it professionally. Thank you I will hire again the writer

Richard

Provided exceptional essay writing help in a short period of time. I plan to work with writer on many more projects!

Catherine Grey

Awesome paper in such a short amount of time. Was in a jam with another service who didn't deliver, but Theresa did the job correctly. I will use her again to do my essays for sure!

Mercy Kendra

Pretty good essay writer. I only made a couple of adjustments. She caught some instructions for the essay writing assignment that I didn't even notice, including them which was a pleasant surprise. Definitely recommend.

Kesha Grey

It was a very long paper, but she followed all the instructions, and she even finished the paper 5 days before the due date. Will write an essay with her again, thanks!

Steven Gates

Writer was timely and proficient. I had to ask for a revision, but I got it back quickly with no other issues. Would use this essay writing service again.

Kevin James

Paper writing was prepared and submitted prior to the completed request date, and there were changes made quickly after I requested. This paper writer was accurate with numbers.

Thomas Long

The first time I ordered here and it was a success. I received my order on time and according to my instructions, the professor gave me. The two points they claim to excel in are true. Thank you!

Grace Potter

What I received was great. I forgot to mention in the instructions field that I needed reference page and by default, there was 0 in the number of references. I was surprised to see a full-fledged reference page in my paper with relevant citations. Bravo!

Jonathan Stone

They are a marvel. I love their support team, they are so polite, it’s like speaking to a butler or something. Very pleasant people and good service of course.

Rebecca Chang

After ordering with you I decided to recommend this place to my friends. This is my token of appreciation for your good work.

James Matthew

Thank you for the help, I took my time and ordered a 14 days long essay. It came much earlier, around 7 days after I ordered it. Oh, and it was good, of course. I like the writer who did that, will definitely use again.

Zane Sheridan

Good experience. I received a B for the paper you’ve written. Thank you so much. You’ve found a returning customer.

Derek Holland

You guys made me rethink the whole thing. I received my paper according to my instructions and way before my deadline. I am so hopeful about this.

Joyce Lee

Thanks for the excellent job. Swift and on the subject, just the way I like it. The Support team was quite nice to me, helped me with the order placing process.

Grace Potter

What I received was great. I forgot to mention in the instructions field that I needed reference page and by default, there was 0 in the number of references. I was surprised to see a full-fledged reference page in my paper with relevant citations. Bravo!

Rebecca Chang

After ordering with you I decided to recommend this place to my friends. This is my token of appreciation for your good work.

Jonathan Stone

They are a marvel. I love their support team, they are so polite, it’s like speaking to a butler or something. Very pleasant people and good service of course.

James Matthew

Thank you for the help, I took my time and ordered a 14 days long essay. It came much earlier, around 7 days after I ordered it. Oh, and it was good, of course. I like the writer who did that, will definitely use again.

Zane Sheridan

Good experience. I received a B for the paper you’ve written. Thank you so much. You’ve found a returning customer.

Derek Holland

You guys made me rethink the whole thing. I received my paper according to my instructions and way before my deadline. I am so hopeful about this.

Joyce Lee

Thanks for the excellent job. Swift and on the subject, just the way I like it. The Support team was quite nice to me, helped me with the order placing process.
MORE TESTIMONIALS

Our guarantees

Confidentiality guarantee

In order to protect your privacy, we follow the GDPR and our own privacy policy.
You are safe when you visit our website because of the cybersecurity software we use.

i

Free revisions

The person who works for us will fix your paper for free if you find any mistakes in it. If you want to make changes to your paper, you can ask for a revise to do so.

Money-back guarantee

In the event that our promises don’t match up with the results you get, you can ask for a refund and get a full or partial refund.

Discounts

You want a high-quality essay, but you also want to pay the least money for it. Students who go to college can get high-quality papers from our website for a price they can afford. Both new and long-time users get discounts.

k

Extra Features

We give you title and reference pages for free. Also, you won’t have to pay extra for formatting because the price is the same. At our essay writing service, you can even get free changes!

Z

Authenticity guarantee

Every paper we write is unique.
To make sure it’s unique, we check every assignment twice with our own plagiarism-detection software.

How it Works

1. Making an Order Tip and Tricks

  • Choose the type of assignment, topic, subject, length, and deadline for your paper.
  • Indicate the following order parameters: service, chosen writer level, number of cited sources, and citation style.
  • Add your document or provide instructions for paper in a specific form.
Image showing step 1 of making an order
Image showing how to make payment for your order

2. Tips and Tricks for Choosing the Right Writer

  • Log in using your email address or your Facebook account.
  • A list of suitable writers will be offered to you. Before making a selection, you can read testimonials or engage in a Live Chat with authors.
  • Check your balance and, if necessary, add funds to your account. Here you will also find exclusive bargains.
  • Put money into the account of the chosen writer.

3. Tips and Tricks for Supervising the Writing Process

  • Get the chance to keep track of the process and connect with your writer.
  • If required, include updated instructions.
  • Have a conversation with your author.
Image showing how to supervise writing process
Image showing how to download your completed results

4. Tips and Tricks to Enjoy the Results

  • You will receive the paper. You have the option of requesting modifications if they are required. Before giving it back to the writer, make a list of the adjustments that need to be made.
  • Accept the paper and send the money to the author.
  • Rate your writer, submit your request, then sit back and enjoy the results.

Feeling stuck?

Ask us to find you a qualified specialist in your field.

Write My Homework

FAQ’S

If you buy papers from HomeworkHelpCenter.com, is it OK?

Yes. The use of online help is not banned by any college or university. You can’t do anything wrong by getting help with your essay or research paper from someone else. Working with writers and experts in your field online is like going to a college tutor for help with writing problems.

What do your writers write about?

WriteMyCollegeHomework.com experts can write papers in a wide range of subjects, no matter what kind of paper you need. We write custom assignments in math, programming, business management, nursing, psychology, English, and many other fields. Our team of academic writers is well-versed in both the exact sciences and the humanities.

When can you write my paper?

If the assignment is difficult, long, or has a deadline, it will take more or less time to write and finish. There are times when it takes more time to finish technical subjects. However, our writers and managers do their best to meet your deadlines, but they may not be able to. We can return a whole product in four hours and still keep its quality.

Who writes the college homework?

At our assignment writing service, we have both native and non-native English speaking writers who can help you with your homework. Before we add new people to our team, we make sure that they can speak English well and that we look into their education and writing history. We make sure that all of our writers know how to work with students and follow academic writing rules.

Can you promise that your writing will be good?

Checking for punctuation and grammar errors is done before your assignment is sent to you. We make sure it meets our high standards before you get your assignment from us! Rewriting your paper is free, and if you don’t like it after that, you can ask for a refund.