Items EUR/USD USD/MYR USD/SGD SPOT (2018) 1.1017/18 4.2200/699 1.3917/87 1 MONTH 437/492 74/119 106/138 2 MONTH 103/106 152/202 225/285 3 MONTH -187/+187 278/228 36/42 Table 1: quoted by banks as at 28 October 2018. Based on the above rates, calculate the following (assume no margins or charges are imposed and all exchange controls/regulations are complied with): a. Quoting bank sells USD/MYR at value spot b. Quoting bank buys SGD/MYR fixed 3 month delivery c. Exporter sells USD/MYR option spot to 3 month

Items EUR/USD USD/MYR USD/SGD SPOT (2018) 1.1017/18 4.2200/699 1.3917/87 1 MONTH 437/492 74/119 106/138 2 MONTH 103/106 152/202 225/285 3 MONTH -187/+187 278/228 36/42 Table 1: quoted by banks as at 28 October 2018. Based on the above rates, calculate the following (assume no margins or charges are imposed and all exchange controls/regulations are complied with): a. Quoting bank sells USD/MYR at value spot b. Quoting bank buys SGD/MYR fixed 3 month delivery c. Exporter sells USD/MYR option spot to 3 month

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter9: Accounting For Receivables

Section: Chapter Questions

Problem 12Q: Berry Farms has an accounts receivable balance at the end of 2018 of $425,650. The net credit sales...

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Items EUR/USD USD/MYR USD/SGD Spot (28 October 2018) 1.1017/18 4.2200/699 1.3917/87 1 Month 473/492 74/119 106/138 2 Month 103/106 152/202 225/285 3 Month -187/+187 278/228 36/42 The following rates are quoted by banks as at 28 October 2018.Based on the above rates, calculate the following (assume no margins or charges areimposed and all exchange controls/regulations are complied with):a. Quoting bank sells USD/MYR at value spotb. Quoting bank buys SGD/MYR fixed three month delivery c. Exporter sells USD/MYR option spot to 3 month d. Importer buys EUR/SGD 1 month to 2 month delivery
Question Items EUR/USD USD/MYR USD/SGD Spot (28 October 2018) 1.1017/18 4.2200/699 1.3917/87 1 Month 473/492 74/119 106/138 2 Month 103/106 152/202 225/285 3 Month -187/+187 278/228 36/42 The following rates are quoted by banks as at 28 October 2018.Based on the above rates, calculate the following (assume no margins or charges areimposed and all exchange controls/regulations are complied with):a. Quoting bank sells USD/MYR at value spotb. Quoting bank buys SGD/MYR fixed three month delivery c. Exporter sells USD/MYR option spot to 3 month d. Importer buys EUR/SGD 1 month to 2 month delivery
Items EUR/USO USD/MYR USD/SGD SPOT (28 october 20L8) 1.1017/18 4.2200/099 1.3917/87 1 MONTH 437/492 74/119 106/138 2 MONTH 10/106 152/202 225/285 3 MONTH 187/+187 278/228 36/42 Table 1: quoted by banks as at 28 October 201s. Based on the above rates, calculate the following (assume no margins or charges are imposed and all exchange controls/regulations are complied with): a. Quoting bank sells USD/MYR at value spot b. Quoting bank buys SGD/MYR fixed 3 month delivery c. Exporter sells USD/MYR option spot to 3 month d. Importer buys EUR/SGD 1 month to 2 month delivery
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