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need help solving these!!!ncstate.instructure.com Currency Exercise Get Homework Help With Zookal Study | Zookal.com how to screenshot on mac -Google Search FOREIGN EXCHANGE (FX) CURRENCY EXERCISE Note Each boxto be completed is worth 1 point in Parts 1 and 2 and 2 points in Part 3 (20 points total) In this exercise you will determine the effect of currency rate changes on profits In Part 1 a US. based company produces wine in the U.S. and exports the wine to Europe The cost of production is $8 per bottle and the price in Europe is 15 per bottle. In Part 2, a U.S. based company produces wine in Europe and imports the wine to the US The cost of production is 6 per bottle and the price in the U.S. is $15 per bottle. In both parts, the companies experience a change in the exchange rate between Euros and Dollars as follows November 22, 2016 exchange rate:5 per $1.06 € 1.00 or (€ per S) S1.00 € 094 February 16, 2018 exchange rate: (5 per 4 5125 1.00 ar [C per $) $1.00-0.80 note the do ar weakened between November 2026 and February 2018 In bath parts, the companies sell 5000 battles in bath scenarios; seling in the U.S and selling in Eurape Remember that proft-Revenue (seling price per unit X number of units sold) Cast (cost per unit X number of units sold) Determine the revenue, costs and profits for each scenario Part 1 Revenue: 15 price per bottle X 5000 batt Cost: $8 per unit cost X5000 bottles Profita Revenue Cost revenue X (convert revenue to $ s in $ evenuex convert nevenue to S 2018: Revenue: 15 price per bottle X 5000 Cost: $8 per unit cost X 5000 bottles Profit- Revenue Cost a revenue X s in $ U.S Importer o Revenue: $15 price per bottle X 5000 bottles Cost: C 6 per unit cost X 500 bottles30.000xconvert coot to in $ cost to S) Profit a Revenue Costa 2018: in $) Revenue: $15 price per bottle X 5000 bottles Cost: 6 per unit cost X Profit- Revenue Costa 000X cost to $) Part 3 Choose the correct terms (helped or hurt) for the following statements and place in the box. When the Dollar fell (or weakened) against the Euro, between 2016 and 2018, the exporter was When the Dollar fell (or weakened) against the Euro, between 2016 and 2018, the importer was

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