Accounting A chinese company offers an American buyer rice at US $2500 per M/T CFR New York, the buyer asks for unit price under CIFC5% New York. After checking with the insurer, the seller finds thst the All risks and the war risk rate are 0.5% and 0.04% respectively and the insured amount is 110% of the CFR price. What unit price should the seller quote in order to maintain the same margin?
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- A) What is VAT? what is the difference between input and output VAT? B) Samo is a trader who purchases inventory at a cost of 60,500 (inc. VAT) and incurs the expense of 4,000 (Inc. VAT) and sells the inventory for 85,000 (Excl. VAT). Required: (a) If it standard rate is 20%. How will much the trader pay to HMRC or HMRC will pay for him? (b) If it Zero rate (0%). How much the trader will pay for HMRC or HMRC will pay to Samo?a) The Business and Financial Times currently has given the following quotes between ¢:$ as:Spot = 0.7200 – 0.72501 month forward = 0.0014 – 0.0016 premium1 month forward rate = 0.7186 – 0.7234 i. Your company currently has GH¢32,500 and wishes to import goods from America. Assuming you are the financial advisor of such company, what will be your advice? ii. Should they import now or a month’s time, assuming prices will remain constant? b) Agency problem is pervasive and exists in practically every organization whether a business, church, club, or government. Organizations try to solve it by instituting measures but no organization can remedy it completely.How would you analyze this statement within the context of a limited liability company and what are the possible remedies to this problem?A company offered to sell goods at “USD2000 per M/T CIF Toronto with all risks for 110% of the value” . The importer requested a revised quote for FOB Ningbo, The freight for Ningbo to Toronto was USD 50 per M/T, and the premium rate was 1%, to get the same export revenue,what are FOB price and CFR price?
- An importer in Oman wants to exchange OMR to EUR which he will be Paying to an exporter after 3 months. He goes to a forex dealer in Oman who provides the following quotes for OMR/EUR Spot rate =0.460727-927 3 months rate = 0.480827-997 How much OMR will the importer pay in to receive 75000 Euros after 3 months? a. All the options are wrong b. 34569.53 c. 36062.03 d. 34554.53 e. 36074.78* is a UK based company which has the Following Us$ transactio O ne month : Expected receipt of $240 00. One month : Expected payment of 140000. 3 months : Epected receipts of $300 000, The finanle manager has cOllected the following information: Spot rate C $per E):# 1:782010.0002 One month forw ard rate (4 per £): 1.7829$0.0003. 3 months forward rate ($ per £):1:7846 ± o.0004 Borrowing 4.9°10 Deposit Moneyrates For x : One year sterling interest rate One year dollar interest rate Calculate the erpected sterting receipts in Imonth and inYou have called your Forex dealer and asked for quotations USD/EUR on the spot, 1 month, 3-month and 6-month forward rates. The trader has responded with the following: USD 1.284/98 3/5 8/7 13/10 What does this mean in terms of dollars per euro? If you wished to buy spot euros, how much would you pay in dollars? If you wanted to purchase spot USD, how much would you have to pay in euro?
- Give typing answer with explanation and conclusion 1. You enter an NDF to buy UYU (Uruguayan Peso) for $.0363/UYU. The contract size is UYU50,000,000 and the contract matures in six months. If the spot rate is $.0381/UYU in six months, will you owe the bank money, or will the bank owe you money? How much in total? If the spot rate is $.0346/UYU in six months, will you owe the bank money, or will the bank owe you money? How much in total?ASAP If answer is correct I'll give you Upvote. Caculation: A company exports commodity X to Canada, if the total purchase price(including VAT 17%) is RMB 247500, the rate of expense standard is 5%, the rate of export tax rebate is 14%, the total freight is USD245.00, the company insures against all risks for 110% of invoice value, the premium rate is 1.5%, the profit is 10% based on purchase price. Rate of foreign exchange: USD1.00=RMB6.50 what are FOB price, CFR price and CIF price respectively?As a US importer, we have the option of hedging with forwards, options, or not hedging. The size of the transaction is 6.04 million British Pounds. There are 62,500 pounds in 1 option contract. Now End Spot 1.240-41 $/L 1.100-01 $/L Forward 1.230-31 $/L Call .04$ 0 Put .03$ .14 How much would you receive/pay if you had hedged with forwards?
- X is a UK based company which has the following US $ Eransacto O ne month : Expected receipt of $240 000. One month : Expected payment of140 000. 3 months : Espected receipts of $300000, The tinanie manager has Collected the following information: Spot rate ( $per E):# 782010.0002 One month forw ard rate (4 per £): 1.7829 0.0003. 3 months forward rate ($per £):1:7846 ±o.0004 Borrowing Deposit 4.6.10 5.11 Moneyrates For x : One year sterling interest rate One year 4.9.%0 dollar interest rate Calculate the erpected stering receipts in 1month and in 3 months using the Foruward martcet. Calylate the enlpected sterling receipts in 3 months using a money market hedge and recommend whether a forwar market hedge or a money market hedge should be used. Dis cuss how Sterling curvency futures contracts could be used to hedge the 3 month dollar receipt when using currency futures, very of ten companies citunnnoi of an imperfect hedge. Explain, using Curhodae andOne has the following data regarding spot and 18 month forward for USDCHF Spot 1.2000 # of CHF to buy 1 USD F 1.1200 US interest rate 5.00% Swiss interest rate 3.14% All quotes above are "market"quotes, i.e. one can buy or sell USD, borrow or lend, at the stated rates. A practioner would say that the quote for F seems "out of line", thus there could be an arbitrage opportunity. What would approximatelly be the profit in USD from arbitrage on a notional amount of 100,000,000 USD? 4,139,029 3,863,094 5,609,212 4,635,712You are working at a hedging unit of a multinational company. You are given the following information: USD/MYR SGD/MYR 4.3224/36 3.0043/56 Spot Forward: 1-month 15/19 8/12 3-month 23/39 (a) Calculate the 3-month forward bid and offer rates of SGD/MYR. (b) Assume the no-arbitrage 3-month forward rate of SGD/MYR is 2.9980, illustrate an arbitrage strategy to profit from the mispricing opportunity without using calculation.